Iceland vs Paraguay: Real interest rate
Real interest rate over time
- Iceland
- Paraguay
How they compare
Iceland currently reports 3.9% against 3.8% in Paraguay, a difference of 0.1%.
Across all 28 years both countries report, Paraguay has been ahead every year.
Iceland ranks 86th and Paraguay ranks 88th of 148 countries.
Paraguay has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.8% | 23.2% | 14.4% | Paraguay |
| 2000s | 9.9% | 21.6% | 11.7% | Paraguay |
| 2010s | 3.9% | 15.1% | 11.3% | Paraguay |
| 2020s | 0.3% | 7.4% | 7.1% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Iceland or Paraguay?
- Iceland, at 3.9% against 3.8% in Paraguay as of 2025.
- What is the difference in real interest rate between Iceland and Paraguay?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Paraguay?
- 28 years are reported by both, from 1994 to 2021.
- How do Iceland and Paraguay rank globally for real interest rate?
- Iceland ranks 86th and Paraguay ranks 88th 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.