Real Interest Rate

Global Ranking

bank lending rate minus inflationSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Guyana	48.52	2020	56	7.3
2	Madagascar	42.66	2020	2	39.88
3 ↑	Libya	28.19	2014	17	13.57
4 ↑	Azerbaijan	26.79	2020	9	17.56
5 ↓	Iraq	26.4	2016	1	60.88
6 ↓	Brazil	23.13	2020	3	31.83
7 ↑	Qatar	22.6	2020	30	9.94
8 ↑	Oman	21.54	2020	46	8.3
9 ↑	Kuwait	21.19	2020	66	6.23
10 ↓	Gambia	20.46	2020	7	20.46
11 ↓	Tajikistan	19.19	2019	5	24.1
12 ↑	Seychelles	18.59	2020	28	10.45
13 ↑	Bahamas	18.41	2020	104	2.38
14 ↑	Brunei	18.36	2020	38	9.14
15 ↓	Democratic Republic of the Congo	18.01	2020	6	21.85
16 ↑	Liberia	16.29	2017	67	6.19
17 ↓	Tanzania	16.28	2020	13	14.16
18 ↓	Iran	16.13	2016	14	13.72
19 ↑	Bahrain	15.89	2015	49	7.67
20 ↑	Mauritania	15.18	2017	75	5.21
21 ↑	Algeria	14.3	2020	42	8.51
22 ↓	Mozambique	14.22	2020	18	13.23
23 ↑	Belize	13.28	2020	57	7.26
24 ↑	Sao Tome and Principe	12.93	2020	25	11.3
25 ↑	Mongolia	12.75	2020	64	6.39
26 ↓	Malawi	12.72	2020	10	16.66
27 ↓	Laos	12.29	2010	4	28.54
28 ↓	Afghanistan	12.14	2017	8	17.58
29 ↓	Micronesia	11.89	2020	12	14.31
30 ↓	Honduras	11.83	2020	21	12.69
31 ↑	Saint Lucia	11.8	2020	78	4.93
32 ↓	Maldives	11.2	2020	20	12.74
33 ↓	Guinea	10.93	2001	22	12.3
34 ↓	Kyrgyzstan	10.66	2020	11	14.48
35 ↓	Paraguay	10.58	2020	24	12.11
36 ↑	Indonesia	10.05	2020	40	8.63
37 ↓	Bolivia	9.69	2020	36	9.16
38 ↑	Guatemala	9.63	2020	39	8.74
39 ↓	Armenia	9.41	2020	26	10.96
40 ↑	Angola	9.39	2020	126	-6.87
41 ↓	Burma (Myanmar)	9.31	2020	36	9.16
42 ↓	Cape Verde	9.14	2020	41	8.53
43 ↑	Lesotho	9.01	2020	47	7.94
44 ↑	Panama	8.97	2020	60	6.9
45 ↑	Samoa	8.47	2020	54	7.44
46 ↑	Singapore	8.42	2020	69	5.91
46 ↓	Croatia	8.42	2014	43	8.41
48 ↓	Peru	8.37	2020	23	12.16
49 ↑	Colombia	8.33	2020	52	7.46
50 ↑	Sri Lanka	8.28	2019	54	7.44
51 ↓	Jamaica	8.21	2020	33	9.51
52 ↑	Dominica	8.12	2020	86	4.16
53 ↑	Fiji	8.08	2020	91	3.57
54 ↑	Jordan	7.76	2020	61	6.88
55 ↑	Papua New Guinea	7.51	2019	121	-0.66
56 ↓	Rwanda	7.46	2020	15	13.68
57 ↑	Grenada	7.28	2020	85	4.24
58 ↓	Ivory Coast	7.11	2017	50	7.54
59 ↓	Solomon Islands	7.04	2020	34	9.21
60 ↓	Saint Vincent and the Grenadines	6.75	2020	58	7.12
61 ↓	Bhutan	6.69	2020	19	12.98
62 ↑	Albania	6.6	2020	76	4.99
63 ↑	Norway	6.54	2020	90	3.73
64 ↓	Kenya	6.48	2020	51	7.51
65 ↓	Costa Rica	6.42	2020	63	6.43
66 ↑	Philippines	6.35	2019	105	2.29
67 ↓	Comoros	6.33	2020	65	6.25
67 ↓	Sierra Leone	6.33	2020	32	9.53
69 ↑	Montenegro	6.09	2020	88	4.07
70 ↓	Dominican Republic	5.97	2020	31	9.72
71 ↑	Lebanon	5.9	2019	92	3.45
72 ↓	Antigua and Barbuda	5.84	2020	44	8.39
73 ↓	Russia	5.83	2020	71	5.5
74 ↓	Mauritius	5.81	2020	48	7.91
75 ↑	Macao	5.51	2020	99	2.88
76 ↑	Nigeria	5.37	2020	82	4.52
77 ↓	Swaziland	5.2	2020	53	7.45
78 ↓	Nicaragua	5.02	2020	62	6.58
79 ↑	Egypt	4.84	2020	107	2.2
80	Malaysia	4.76	2020	80	4.8
81 ↑	Niger	4.75	2017	93	3.44
82 ↓	Aruba	4.61	2017	44	8.39
83 ↑	Senegal	4.51	2017	84	4.3
84 ↑	Thailand	4.41	2020	96	3.11
85 ↓	India	4.34	2020	70	5.7
85 ↑	Hong Kong	4.34	2020	98	3
87 ↓	Georgia	4.21	2020	74	5.35
88 ↓	Bangladesh	4.04	2020	79	4.88
89 ↓	Macedonia	4.02	2020	81	4.7
90 ↑	China	3.7	2020	97	3.02
91 ↓	Benin	3.56	2020	59	7.11
92 ↓	Mexico	3.34	2020	87	4.12
93 ↓	Barbados	3.22	2020	72	5.41
94 ↑	Switzerland	3.15	2020	101	2.74
95 ↓	Mali	3.14	2017	89	3.89
96 ↑	Bosnia and Herzegovina	2.85	2020	112	0.64
97 ↑	Romania	2.63	2020	115	0.34
98 ↑	Moldova	2.59	2020	102	2.7
99 ↑	Iceland	2.47	2020	106	2.26
100 ↑	Israel	2.4	2020	110	1.62
101 ↑	Malta	2.37	2013	103	2.5
102 ↓	South Africa	2.31	2020	73	5.38
103 ↓	Namibia	1.94	2020	34	9.21
104 ↓	Sweden	1.89	2006	100	2.83
105 ↑	Chile	1.78	2018	119	-0.22
106 ↓	Australia	1.63	2019	94	3.37
107 ↓	South Korea	1.47	2020	83	4.32
108 ↑	San Marino	1.41	2019	117	0.12
109	Italy	1.15	2020	109	1.67
110 ↑	Japan	1.07	2017	113	0.62
111 ↓	Pakistan	0.56	2020	95	3.18
112 ↓	Burundi	0.27	2020	16	13.6
113 ↑	Netherlands	0.22	2013	116	0.18
114 ↓	Canada	0.13	2017	108	1.93
114 ↑	Bulgaria	0.13	2020	120	-0.65
116 ↓	Botswana	0.09	2020	68	5.92
117 ↓	Burkina Faso	-0.28	2020	76	4.99
118 ↑	Guinea-Bissau	-0.75	2017	122	-0.76
119 ↑	Serbia	-0.92	2010	123	-0.94
120 ↓	Belarus	-0.97	2020	114	0.37
121 ↓	Czech Republic	-1.01	2020	118	-0.2
122 ↓	New Zealand	-2	2018	111	1.15
123 ↑	Hungary	-3.74	2020	124	-2.84
124 ↑	Haiti	-4.93	2020	125	-2.92
125 ↓	Argentina	-7.51	2020	27	10.82
126 ↑	Ethiopia	-17.12	2008	128	-8.29
127 ↓	Suriname	-20.76	2020	29	10.1
128 ↓	Somalia	-21.3	1988	127	-8.03

Definition of Real Interest Rate

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.