Grenada vs Philippines: Real interest rate
Real interest rate over time
- Grenada
- Philippines
How they compare
Philippines currently reports 6.4% against 6.2% in Grenada, a difference of 0.2%.
The two have swapped places 12 times across 38 shared years of data; in 1982 it was Philippines ahead.
Grenada ranks 56th and Philippines ranks 54th of 148 countries.
Grenada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Grenada | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.6% | 5.2% | 1.5% | Grenada |
| 1990s | 8.7% | 7.2% | 1.5% | Grenada |
| 2000s | 8.0% | 4.7% | 3.3% | Grenada |
| 2010s | 7.2% | 3.8% | 3.4% | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Grenada or Philippines?
- Philippines, at 6.4% against 6.2% in Grenada as of 2019.
- What is the difference in real interest rate between Grenada and Philippines?
- 0.2%, with Philippines ahead.
- How many years of comparable data are there for Grenada and Philippines?
- 38 years are reported by both, from 1982 to 2019.
- How do Grenada and Philippines rank globally for real interest rate?
- Grenada ranks 56th and Philippines ranks 54th 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.