Real interest rate (%) by country
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...
Countries reporting
149
Highest
57.6%
Iraq
Lowest
-89.5%
Venezuela
Median
4.9%
Years covered
65
1961–2025
Data points
4,773
What the numbers show
Real interest rate (%) is currently reported for 149 countries. The highest value is 57.6% in Iraq; the lowest is -89.5% in Venezuela.
The median across all reporting countries is 4.9%, and the mean is 4.4%.
Over the past decade 68 countries rose and 81 fell. The largest increase was in Mexico (up 1,817.8%), and the largest decrease in Venezuela (down 6,129.1%).
Real interest rate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Iraq | 57.6% | 2015 | up 448.9% | volatile |
| 2 | Madagascar | 47.6% | 2025 | up 1.0% | volatile |
| 3 | Brazil | 37.5% | 2025 | up 10.7% | falling |
| 4 | Tajikistan | 19.2% | 2019 | up 105.1% | volatile |
| 5 | Mozambique | 18.7% | 2025 | up 157.1% | rising |
| 6 | Sierra Leone | 18.3% | 2025 | up 25.2% | volatile |
| 7 | Guyana | 17.6% | 2025 | up 84.0% | volatile |
| 8 | Liberia | 16.3% | 2017 | up 502.7% | volatile |
| 9 | East Timor | 15.8% | 2025 | up 169.9% | volatile |
| 10 | Bahrain | 15.3% | 2015 | up 393.4% | volatile |
| 11 | Mauritania | 15.2% | 2017 | up 13.2% | volatile |
| 12 | Uganda | 14.7% | 2018 | up 11.4% | volatile |
| 13 | Azerbaijan | 14.7% | 2025 | down 49.2% | volatile |
| 14 | Gambia | 13.1% | 2025 | down 40.9% | volatile |
| 15 | Kenya | 13.0% | 2024 | up 57.8% | volatile |
| 16 | Kyrgyzstan | 12.6% | 2024 | up 16.4% | volatile |
| 17 | Laos | 12.3% | 2010 | up 112.9% | volatile |
| 18 | Afghanistan | 12.1% | 2017 | up 438.7% | volatile |
| 19 | Yemen | 11.8% | 2013 | up 83.9% | volatile |
| 20 | Guinea | 10.9% | 2001 | up 1,143.0% | volatile |
| 21 | Brunei | 10.7% | 2025 | down 61.7% | volatile |
| 22 | Georgia | 10.7% | 2025 | up 57.9% | volatile |
| 23 | Micronesia (country) | 10.6% | 2021 | down 15.5% | falling |
| 24 | Dominican Republic | 10.5% | 2024 | up 13.3% | volatile |
| 25 | Kuwait | 10.5% | 2025 | down 74.3% | volatile |
| 26 | Malawi | 10.0% | 2024 | down 48.3% | volatile |
| 27 | Armenia | 9.9% | 2025 | down 39.1% | volatile |
| 28 | Honduras | 9.8% | 2025 | down 23.8% | falling |
| 29 | Tanzania | 9.6% | 2020 | up 106.2% | volatile |
| 30 | Eswatini | 9.5% | 2024 | up 246.2% | volatile |
| 31 | Guatemala | 9.2% | 2025 | down 14.9% | falling |
| 32 | Myanmar | 9.0% | 2020 | down 30.5% | volatile |
| 33 | Croatia | 8.4% | 2014 | up 7.7% | volatile |
| 34 | Colombia | 8.4% | 2025 | down 4.0% | volatile |
| 35 | Bhutan | 8.3% | 2025 | down 26.4% | rising |
| 36 | Barbados | 8.2% | 2022 | up 16.3% | volatile |
| 37 | Qatar | 8.2% | 2025 | down 79.3% | volatile |
| 38 | Maldives | 8.1% | 2025 | up 136.3% | volatile |
| 39 | Uzbekistan | 7.9% | 2024 | up 210.8% | volatile |
| 40 | Peru | 7.7% | 2022 | down 56.6% | volatile |
| 41 | South Africa | 7.7% | 2025 | up 109.5% | volatile |
| 42 | Trinidad and Tobago | 7.6% | 2024 | down 10.8% | volatile |
| 43 | Costa Rica | 7.5% | 2025 | down 24.6% | volatile |
| 44 | Belize | 7.3% | 2025 | down 30.3% | falling |
| 45 | Rwanda | 7.3% | 2024 | down 36.2% | volatile |
| 46 | Algeria | 7.2% | 2025 | down 47.6% | volatile |
| 47 | Sri Lanka | 7.1% | 2019 | down 23.2% | volatile |
| 48 | Libya | 7.1% | 2014 | up 152.5% | volatile |
| 49 | Seychelles | 7.1% | 2025 | down 47.6% | volatile |
| 50 | Vietnam | 7.0% | 2023 | up 15.1% | volatile |
| 51 | Jamaica | 7.0% | 2025 | up 75.1% | volatile |
| 52 | Cote d'Ivoire | 6.6% | 2016 | up 96.7% | volatile |
| 53 | Namibia | 6.4% | 2024 | up 1,387.4% | volatile |
| 54 | Philippines | 6.4% | 2019 | up 12.0% | volatile |
| 55 | Lebanon | 6.2% | 2019 | up 1,049.5% | volatile |
| 56 | Grenada | 6.2% | 2025 | up 2.1% | falling |
| 57 | Burkina Faso | 6.1% | 2021 | up 541.5% | volatile |
| 58 | Vanuatu | 6.1% | 2025 | up 38.8% | volatile |
| 59 | Indonesia | 6.0% | 2025 | down 28.3% | volatile |
| 60 | Cape Verde | 5.9% | 2025 | down 31.7% | volatile |
| 61 | Russia | 5.8% | 2024 | up 71.3% | volatile |
| 62 | Solomon Islands | 5.8% | 2021 | down 30.3% | volatile |
| 63 | Jordan | 5.8% | 2025 | down 9.2% | volatile |
| 64 | India | 5.6% | 2022 | up 124.6% | falling |
| 65 | Uruguay | 5.5% | 2025 | up 0.8% | volatile |
| 66 | Malaysia | 5.3% | 2025 | up 60.2% | volatile |
| 67 | China | 5.2% | 2024 | up 15.6% | volatile |
| 68 | Kosovo | 5.1% | 2018 | down 71.3% | falling |
| 68 | Kosovo (UNSCR 1244) | 5.1% | 2018 | down 71.3% | falling |
| 70 | Argentina | 5.0% | 2025 | up 479.0% | volatile |
| 71 | Macao | 5.0% | 2025 | up 622.5% | volatile |
| 72 | Lesotho | 4.9% | 2024 | up 251.8% | volatile |
| 73 | Mauritius | 4.9% | 2025 | down 29.4% | volatile |
| 74 | Papua New Guinea | 4.9% | 2024 | up 30.1% | volatile |
| 75 | Thailand | 4.9% | 2025 | up 21.9% | volatile |
| 76 | Panama | 4.6% | 2022 | up 248.7% | volatile |
| 77 | Ukraine | 4.6% | 2025 | up 137.2% | volatile |
| 78 | Benin | 4.6% | 2021 | up 210.4% | volatile |
| 79 | Tonga | 4.5% | 2025 | up 55.0% | volatile |
| 80 | Norway | 4.4% | 2025 | down 29.6% | volatile |
| 81 | Senegal | 4.3% | 2016 | up 138.9% | volatile |
| 82 | Botswana | 4.2% | 2024 | up 873.1% | volatile |
| 83 | Hong Kong | 4.1% | 2025 | up 214.1% | volatile |
| 84 | Albania | 4.0% | 2024 | down 37.9% | volatile |
| 85 | Mexico | 4.0% | 2025 | up 1,817.8% | volatile |
| 86 | Bahamas | 4.0% | 2024 | up 1,107.4% | volatile |
| 87 | Iceland | 3.9% | 2025 | up 381.3% | volatile |
| 88 | Togo | 3.8% | 2016 | down 28.3% | volatile |
| 89 | Paraguay | 3.8% | 2021 | down 67.9% | falling |
| 90 | Saint Kitts and Nevis | 3.7% | 2025 | down 60.5% | volatile |
| 91 | Dominica | 3.7% | 2025 | up 23.0% | volatile |
| 92 | Mali | 3.6% | 2016 | up 530.8% | volatile |
| 93 | Saint Lucia | 3.6% | 2025 | down 33.8% | volatile |
| 94 | Iran | 3.4% | 2016 | up 778.5% | volatile |
| 95 | Antigua and Barbuda | 3.3% | 2025 | down 51.7% | volatile |
| 96 | Aruba | 2.9% | 2023 | down 73.1% | falling |
| 97 | Nigeria | 2.9% | 2023 | down 74.4% | volatile |
| 98 | Niger | 2.6% | 2016 | down 19.1% | volatile |
| 99 | Chile | 2.5% | 2018 | down 80.3% | volatile |
| 100 | Guinea-Bissau | 2.5% | 2016 | down 73.2% | volatile |
| 101 | Malta | 2.4% | 2013 | down 35.9% | volatile |
| 102 | Moldova | 2.3% | 2025 | down 1.3% | volatile |
| 103 | Montenegro | 2.2% | 2025 | down 66.1% | volatile |
| 104 | Samoa | 2.1% | 2025 | down 60.8% | falling |
| 105 | Saint Vincent and the Grenadines | 2.0% | 2025 | down 79.8% | volatile |
| 106 | Italy | 2.0% | 2025 | down 38.6% | volatile |
| 107 | Switzerland | 2.0% | 2024 | down 39.9% | falling |
| 108 | Bangladesh | 2.0% | 2025 | down 64.3% | volatile |
| 109 | Sweden | 1.9% | 2006 | down 75.0% | volatile |
| 110 | Hungary | 1.6% | 2025 | up 1,743.3% | volatile |
| 111 | Australia | 1.6% | 2019 | up 60.1% | volatile |
| 112 | Nicaragua | 1.4% | 2025 | down 65.2% | volatile |
| 113 | Mongolia | 1.4% | 2021 | up 7.1% | volatile |
| 114 | Suriname | 1.3% | 2025 | down 82.0% | volatile |
| 115 | Bosnia and Herzegovina | 1.2% | 2025 | down 72.9% | volatile |
| 116 | Czechia | 1.1% | 2025 | down 62.9% | volatile |
| 117 | New Zealand | 1.1% | 2017 | down 66.0% | falling |
| 118 | South Korea | 1.0% | 2025 | up 250.1% | volatile |
| 119 | Japan | 1.0% | 2017 | down 66.3% | volatile |
| 120 | North Macedonia | 0.8% | 2025 | down 85.9% | volatile |
| 121 | Netherlands | 0.4% | 2013 | down 49.7% | volatile |
| 122 | Romania | 0.3% | 2025 | down 91.3% | volatile |
| 123 | Sao Tome and Principe | 0.1% | 2024 | down 99.2% | volatile |
| 124 | Canada | 0.1% | 2017 | down 95.4% | volatile |
| 125 | Comoros | 0.0% | 2022 | down 99.2% | falling |
| 126 | Belarus | 0.0% | 2025 | down 98.5% | volatile |
| 127 | Serbia | -0.2% | 2010 | up 36.9% | volatile |
| 128 | Angola | -0.9% | 2025 | down 104.6% | volatile |
| 129 | United Kingdom | -1.1% | 2014 | down 167.2% | volatile |
| 130 | United States | -1.3% | 2021 | down 208.0% | volatile |
| 131 | Pakistan | -1.5% | 2021 | up 15.1% | volatile |
| 132 | Fiji | -1.5% | 2024 | up 75.7% | volatile |
| 133 | San Marino | -1.6% | 2023 | down 135.4% | volatile |
| 134 | Israel | -1.8% | 2022 | down 172.8% | volatile |
| 135 | Bulgaria | -3.0% | 2025 | down 167.7% | volatile |
| 136 | Palestine | -3.1% | 2021 | down 340.6% | volatile |
| 137 | Democratic Republic of Congo | -3.5% | 2021 | down 112.1% | volatile |
| 138 | Zambia | -3.9% | 2020 | down 163.7% | volatile |
| 139 | Burundi | -4.9% | 2025 | down 156.2% | volatile |
| 140 | Singapore | -5.2% | 2021 | down 225.2% | volatile |
| 141 | Oman | -5.9% | 2021 | up 26.7% | volatile |
| 142 | Egypt | -7.0% | 2024 | down 1,797.8% | volatile |
| 143 | Bolivia | -8.1% | 2025 | down 160.9% | volatile |
| 144 | Haiti | -15.9% | 2025 | down 316.9% | volatile |
| 145 | Ethiopia | -17.1% | 2008 | down 260.5% | volatile |
| 146 | Somalia | -18.5% | 1988 | down 290.5% | volatile |
| 147 | Zimbabwe | -20.1% | 2025 | down 354.5% | volatile |
| 148 | South Sudan | -55.0% | 2025 | down 1,555.8% | volatile |
| 149 | Venezuela | -89.5% | 2017 | down 6,129.1% | volatile |
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.