New Zealand vs North Macedonia: Real interest rate
Real interest rate over time
- New Zealand
- North Macedonia
How they compare
New Zealand currently reports 1.1% against 0.8% in North Macedonia, a difference of 0.3%.
That makes New Zealand's figure about 1.4 times North Macedonia's.
The two have swapped places 2 times across 13 shared years of data; in 2005 it was North Macedonia ahead.
New Zealand ranks 117th and North Macedonia ranks 120th of 149 countries.
North Macedonia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Zealand | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.8% | 7.3% | 2.4% | North Macedonia |
| 2010s | 3.4% | 5.6% | 2.2% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, New Zealand or North Macedonia?
- New Zealand, at 1.1% against 0.8% in North Macedonia as of 2017.
- What is the difference in real interest rate between New Zealand and North Macedonia?
- 0.3%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and North Macedonia?
- 13 years are reported by both, from 2005 to 2017.
- How do New Zealand and North Macedonia rank globally for real interest rate?
- New Zealand ranks 117th and North Macedonia ranks 120th of 149 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.