Czechia vs Mongolia: Real interest rate
Real interest rate over time
- Czechia
- Mongolia
How they compare
Mongolia currently reports 1.4% against 1.1% in Czechia, a difference of 0.3%.
That makes Mongolia's figure about 1.2 times Czechia's.
The two have swapped places 6 times across 24 shared years of data; in 1998 it was Mongolia ahead.
Czechia ranks 115th and Mongolia ranks 112th of 148 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Czechia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.1% | 40.4% | 36.4% | Mongolia |
| 2000s | 3.8% | 14.7% | 10.9% | Mongolia |
| 2010s | 3.0% | 7.7% | 4.7% | Mongolia |
| 2020s | -1.0% | 7.1% | 8.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Czechia or Mongolia?
- Mongolia, at 1.4% against 1.1% in Czechia as of 2021.
- What is the difference in real interest rate between Czechia and Mongolia?
- 0.3%, with Mongolia ahead.
- How many years of comparable data are there for Czechia and Mongolia?
- 24 years are reported by both, from 1998 to 2021.
- How do Czechia and Mongolia rank globally for real interest rate?
- Czechia ranks 115th and Mongolia ranks 112th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.