Real interest rate in Libya
Libya: Real interest rate was 7.1% in 2014. ◆ Volatile
Real interest rate in Libya, 1964–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2014, real interest rate in Libya stood at 7.1%.
Compared with earlier readings it is up 19.8% on the previous year and up 152.5% over ten years.
Over the whole period, real interest rate in Libya peaked at 41.0% in 2009 and was at its lowest, -24.4%, in 1974.
That places Libya 48th out of 149 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 3.3% | — |
| 1965 | 1.9% | -41.7% |
| 1966 | -1.0% | -150.1% |
| 1967 | 0.8% | -185.5% |
| 1968 | 1.4% | +76.4% |
| 1969 | 6.4% | +342.0% |
| 1970 | 6.9% | +8.8% |
| 1971 | -11.1% | -261.0% |
| 1972 | 5.6% | -150.5% |
| 1973 | -12.7% | -325.5% |
| 1974 | -24.4% | +92.4% |
| 1975 | 14.3% | -158.9% |
| 1976 | 1.3% | -91.0% |
| 1977 | -0.8% | -164.4% |
| 1978 | 12.0% | -1549.1% |
| 1979 | -15.5% | -229.1% |
| 1980 | -19.7% | +27.0% |
| 1981 | -2.6% | -86.5% |
| 1982 | 18.5% | -799.5% |
| 1983 | 6.1% | -67.0% |
| 1984 | 14.4% | +136.2% |
| 1985 | 8.4% | -42.1% |
| 1986 | 16.1% | +92.6% |
| 1987 | -11.5% | -171.4% |
| 1988 | 30.1% | -362.0% |
| 1989 | 5.9% | -80.5% |
| 1990 | 2.2% | -62.7% |
| 1991 | 12.8% | +482.5% |
| 1992 | -2.0% | -115.7% |
| 1993 | 5.3% | -362.4% |
| 1999 | -17.7% | -434.8% |
| 2000 | -5.6% | -68.5% |
| 2001 | -0.2% | -96.9% |
| 2002 | -15.9% | +9125.2% |
| 2003 | -6.4% | -59.5% |
| 2004 | -13.5% | +109.3% |
| 2005 | -17.5% | +29.5% |
| 2006 | -11.2% | -36.1% |
| 2007 | 3.5% | -131.2% |
| 2008 | -14.3% | -511.9% |
| 2009 | 41.0% | -386.7% |
| 2010 | -11.1% | -127.1% |
| 2011 | -14.8% | +32.5% |
| 2012 | 0.0% | -100.1% |
| 2013 | 5.9% | +34561.0% |
| 2014 | 7.1% | +19.8% |
Libya compared with similar countries
- Libya's 7.1% is above the median for upper middle income countries, which is 5.2%, 1.4× the median. (49 countries reporting)
- Libya's 7.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.2%, 1.1× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Real interest rate in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +34561.0% | 0.0% | 5.9% |
| 2002 | -9125.2% | -0.2% | -15.9% |
| 1978 | +1549.1% | -0.8% | 12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.1% | -1.0% | 6.4% | 6 |
| 1970s | -2.4% | -24.4% | 14.3% | 10 |
| 1980s | 6.6% | -19.7% | 30.1% | 10 |
| 1990s | 0.1% | -17.7% | 12.8% | 5 |
| 2000s | -4.0% | -17.5% | 41.0% | 10 |
| 2010s | -2.6% | -14.8% | 7.1% | 5 |
Countries ranked near Libya
More financial sector data for Libya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real interest rate in Libya?
- Real interest rate in Libya was 7.1% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Libya?
- The highest recorded value was 41.0% in 2009.
- What is the lowest real interest rate recorded in Libya?
- The lowest recorded value was -24.4% in 1974.
- How does Libya rank for real interest rate?
- Libya ranks 48th out of 149 countries with data for 2014.
- Is real interest rate rising or falling in Libya?
- Over the last ten years it is up 152.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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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.