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Which Economy Suffers from the Highest Real Interest Rates?

Real Interest Rate (%), 2021 or latest
Economy | February 1, 2023
$2.99
Excel Sheet

Based on a comparison of 101 countries in 2021, Madagascar ranked the highest in real interest rate with 38.1% followed by Kuwait and Tajikistan. On the other end of the scale was Zimbabwe with -31.8%, East Timor with -30.2% and Suriname with -26.5%.

Data for more countries are available at Real Interest Rate indicator page.

Real Interest Rate Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Brazil % 33.8% 40.7% 41.7% 33.1% 31.9%
Fiji % 3.18% 3.14% 3.97% 4.19% 3.70%
Gambia % ... ... 24.1% 19.7% 20.5%
Guatemala % 10.8% 10.1% 11.1% 11.5% 8.85%
Honduras % 12.8% 15.1% 14.1% 15.6% 12.7%
Kuwait % 40.9% 12.1% -9.93% -5.80% 5.19% ...
Madagascar % 47.1% 46.8% 52.4% 43.5% 39.9%
Malawi % 19.8% 20.6% -13.9% 24.7% 16.7%
Maldives % 2.94% 10.5% 8.65% 7.30% 12.9%
Mozambique % 6.77% 6.60% 18.8% 19.4% 13.2%
Myanmar % 7.04% 19.2% 10.1% 10.0% 9.16% ...
Rwanda % 16.8% 11.7% 8.33% 17.7% 13.7%
Sierra Leone % -0.113% 14.2% 1.42% 1.70% 9.53%
Tajikistan % 17.8% 24.3% 18.1% 24.1% 19.2% ... ...
Tanzania % 7.91% 7.90% 14.7% 14.0% 14.2% ...

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