Kenya vs Uganda: Real interest rate

Kenya
13.0%
in 2024
Uganda
14.7%
in 2018
Kenya rank
15th
Uganda rank
12th

Real interest rate over time

  • Kenya
  • Uganda
-60-40-20020197119972024

How they compare

Uganda currently reports 14.7% against 13.0% in Kenya, a difference of 1.7%.

That makes Uganda's figure about 1.1 times Kenya's.

The two have swapped places 11 times across 35 shared years of data; in 1983 it was Kenya ahead.

Kenya ranks 15th and Uganda ranks 12th of 148 countries.

Across the 4 decades both report, Kenya averaged higher in 2 and Uganda in 2.

Head to head by decade

Decade Kenya Uganda Difference Ahead
1980s 5.8% -35.9% 41.7% Kenya
1990s 10.8% 9.7% 1.1% Kenya
2000s 5.9% 9.3% 3.4% Uganda
2010s 8.3% 16.3% 8.0% Uganda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real interest rate, Kenya or Uganda?
Uganda, at 14.7% against 13.0% in Kenya as of 2018.
What is the difference in real interest rate between Kenya and Uganda?
1.7%, with Uganda ahead.
How many years of comparable data are there for Kenya and Uganda?
35 years are reported by both, from 1983 to 2018.
How do Kenya and Uganda rank globally for real interest rate?
Kenya ranks 15th and Uganda ranks 12th 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

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

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.