Republic of Korea vs New Zealand: Real interest rate
Real interest rate over time
- Republic of Korea
- New Zealand
How they compare
New Zealand currently reports 1.1% against 1.0% in Republic of Korea, a difference of 0.1%.
The two have swapped places 8 times across 20 shared years of data; in 1998 it was Republic of Korea ahead.
Republic of Korea ranks 117th and New Zealand ranks 116th of 148 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | Republic of Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.6% | 7.1% | 3.5% | Republic of Korea |
| 2000s | 4.1% | 4.8% | 0.7% | New Zealand |
| 2010s | 2.6% | 3.4% | 0.8% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Republic of Korea or New Zealand?
- New Zealand, at 1.1% against 1.0% in Republic of Korea as of 2017.
- What is the difference in real interest rate between Republic of Korea and New Zealand?
- 0.1%, with New Zealand ahead.
- How many years of comparable data are there for Republic of Korea and New Zealand?
- 20 years are reported by both, from 1998 to 2017.
- How do Republic of Korea and New Zealand rank globally for real interest rate?
- Republic of Korea ranks 117th and New Zealand ranks 116th 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.