economic2024

Real lending interest rate

Compare real lending interest rate across 87 ISO-mapped countries or territories using one fixed 2024 official-source slice.

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Key Insights

Global Average
3.7%
Median: 5.5%
Countries Covered
87
with available data
Highest
Madagascar
48.9%
Lowest
Zimbabwe
-85.9%
Top 5 Countries
1Madagascar48.9%
2Brazil34.7%
3Azerbaijan16.2%
4Republic of The Gambia15.3%
5Mozambique14.3%
By Region
Key Findings
  • 87 ISO-mapped countries or territories have a finite 2024 observation.
  • Madagascar has the highest published value (48.9299173878853 %).
  • Zimbabwe has the lowest published value (-85.8970318797999 %).

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (-85.9%)High (48.9%)

Regional Comparison

Average values by world region (Global avg: 3.7%)

About This Statistic

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.

MapTheory retains one fixed year, unit and explicit source slice. Only finite ISO-mapped observations are included; aggregates, missing values, non-ISO geographies and conflicting duplicates are excluded. No values are estimated or imputed by MapTheory.

Methodology

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.

Full Data

Rank Country Value
1Madagascar48.9%
2Brazil34.7%
3Azerbaijan16.2%
4Republic of The Gambia15.3%
5Mozambique14.3%
6Kenya13.0%
7Kyrgyzstan12.6%
8Timor-Leste12.1%
9Armenia11.6%
10Honduras10.8%
11Dominican Republic10.5%
12Malawi10.0%
13Georgia9.6%
14Eswatini9.5%
15Colombia9.4%
16Sierra Leone9.2%
17Brunei Darussalam8.6%
18Guatemala8.4%
19Grenada8.2%
20Maldives8.2%
21Uzbekistan7.9%
22Indonesia7.8%
23Qatar7.8%
24Trinidad and Tobago7.6%
25South Africa7.4%
26Rwanda7.3%
27Mexico7.2%
28Guyana6.9%
29Belize6.9%
30Ukraine6.8%
31Jamaica6.8%
32Costa Rica6.8%
33Kuwait6.7%
34Seychelles6.7%
35Jordan6.5%
36Namibia6.4%
37Cape Verde6.3%
38Norway6.1%
39Iceland6.0%
40Russian Federation5.8%
41Macao5.8%
42Bhutan5.6%
43Uruguay5.5%
44Mauritius5.5%
45People's Republic of China5.2%
46Lesotho4.9%
47Papua New Guinea4.9%
48Algeria4.5%
49Malaysia4.5%
50Saint Lucia4.4%
51Botswana4.2%
52Albania4.0%
53Bahamas4.0%
54Antigua and Barbuda3.8%
55Nicaragua3.6%
56Thailand3.6%
57Dominica3.4%
58Saint Vincent and the Grenadines3.3%
59Italy3.2%
60Vanuatu3.1%
61Bangladesh2.8%
62Bolivia2.6%
63Moldova, Republic of2.3%
64The Republic of North Macedonia2.1%
65Switzerland2.0%
66Suriname1.8%
67Montenegro1.7%
68Hong Kong1.5%
69Hungary1.4%
70Czech Republic0.8%
71South Korea0.6%
72Saint Kitts and Nevis0.4%
73Sao Tome and Principe0.1%
74Bosnia and Herzegovina0.1%
75Samoa0.0%
76Tonga-0.5%
77Romania-0.8%
78Fiji-1.5%
79Belarus-1.9%
80Bulgaria-2.5%
81Burundi-5.7%
82Haiti-6.5%
83Angola-6.6%
84Egypt-7.0%
85South Sudan-37.7%
86Argentina-47.4%
87Zimbabwe-85.9%
Showing 87 of 87 countries

Topics

Data Source

This data comes from World Bank World Development Indicators (2024).

View Original Source