Republic of Korea vs North Macedonia: Real interest rate
Real interest rate over time
- Republic of Korea
- North Macedonia
How they compare
Republic of Korea currently reports 1.0% against 0.8% in North Macedonia, a difference of 0.2%.
That makes Republic of Korea's figure about 1.4 times North Macedonia's.
The two have swapped places 5 times across 21 shared years of data; in 2005 it was North Macedonia ahead.
Republic of Korea ranks 117th and North Macedonia ranks 119th of 148 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and North Macedonia in 2.
Head to head by decade
| Decade | Republic of Korea | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.1% | 7.3% | 3.1% | North Macedonia |
| 2010s | 2.8% | 5.1% | 2.3% | North Macedonia |
| 2020s | 1.4% | 0.2% | 1.2% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Republic of Korea or North Macedonia?
- Republic of Korea, at 1.0% against 0.8% in North Macedonia as of 2025.
- What is the difference in real interest rate between Republic of Korea and North Macedonia?
- 0.2%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and North Macedonia?
- 21 years are reported by both, from 2005 to 2025.
- How do Republic of Korea and North Macedonia rank globally for real interest rate?
- Republic of Korea ranks 117th and North Macedonia ranks 119th 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.