Real interest rate by country
United States: -1.3% in 2021, 10th of 13 OECD members (highest first). 97th of all 114 with data.
Highest: 
Madagascar (47.6%, 2025) · Lowest: 
South Sudan (-55.0%, 2025) · 114 countries and territories with data.
Lending interest rate minus inflation (measured by the GDP deflator). Some countries' data ends years ago, so they drop out of recent rankings.
Ranking
Latest value for each country (within 5 years).
Over time
United States: rank over time
Rank among the countries with data in each year (highest first).
World ranking (highest first)
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 47.6% | 2025 |
| 2 |  Brazil | 37.5% | 2025 |
| 3 |  Mozambique | 18.7% | 2025 |
| 4 |  Sierra Leone | 18.3% | 2025 |
| 5 |  Guyana | 17.6% | 2025 |
| 6 |  Timor-Leste | 15.8% | 2025 |
| 7 |  DR Congo | 15.1% | 2025 |
| 8 |  Azerbaijan | 14.7% | 2025 |
| 9 |  Gambia | 13.1% | 2025 |
| 10 |  Kenya | 13.0% | 2024 |
| 11 |  Kyrgyzstan | 12.6% | 2024 |
| 12 |  Georgia | 10.8% | 2025 |
| 13 |  Brunei | 10.7% | 2025 |
| 14 |  Micronesia | 10.6% | 2021 |
| 15 |  Dominican Republic | 10.5% | 2024 |
| 16 |  Kuwait | 10.5% | 2025 |
| 17 |  Malawi | 10.0% | 2024 |
| 18 |  Armenia | 9.9% | 2025 |
| 19 |  Honduras | 9.8% | 2025 |
| 20 |  Tanzania | 9.6% | 2020 |
| 21 |  Eswatini | 9.5% | 2024 |
| 22 |  Guatemala | 9.2% | 2025 |
| 23 |  Myanmar | 9.0% | 2020 |
| 24 |  Colombia | 8.4% | 2025 |
| 25 |  Bhutan | 8.3% | 2025 |
| 26 |  Barbados | 8.2% | 2022 |
| 27 |  Qatar | 8.2% | 2025 |
| 28 |  Liberia | 8.1% | 2025 |
| 29 |  Maldives | 8.1% | 2025 |
| 30 |  Uzbekistan | 7.9% | 2024 |
| 31 |  Peru | 7.7% | 2022 |
| 32 |  South Africa | 7.7% | 2025 |
| 33 |  Costa Rica | 7.5% | 2025 |
| 34 |  Belize | 7.3% | 2025 |
| 35 |  Rwanda | 7.3% | 2024 |
| 36 |  Algeria | 7.2% | 2025 |
| 37 |  Seychelles | 7.1% | 2025 |
| 38 |  Vietnam | 7.0% | 2023 |
| 39 |  Jamaica | 7.0% | 2025 |
| 40 |  Namibia | 6.4% | 2024 |
| 41 |  Grenada | 6.2% | 2025 |
| 42 |  Burkina Faso | 6.1% | 2021 |
| 43 |  Vanuatu | 6.1% | 2025 |
| 44 |  Indonesia | 6.0% | 2025 |
| 45 |  Thailand | 5.9% | 2025 |
| 46 |  Cabo Verde | 5.9% | 2025 |
| 47 |  Russia | 5.8% | 2024 |
| 48 |  Solomon Islands | 5.8% | 2021 |
| 49 |  Jordan | 5.8% | 2025 |
| 50 |  India | 5.6% | 2022 |
| 51 |  Uruguay | 5.5% | 2025 |
| 52 |  Trinidad and Tobago | 5.4% | 2025 |
| 53 |  Malaysia | 5.3% | 2025 |
| 54 |  São Tomé and Príncipe | 5.2% | 2025 |
| 55 |  China | 5.2% | 2024 |
| 56 |  Argentina | 5.0% | 2025 |
| 57 |  Macao | 5.0% | 2025 |
| 58 |  Lesotho | 4.9% | 2024 |
| 59 |  Mauritius | 4.9% | 2025 |
| 60 |  Papua New Guinea | 4.9% | 2024 |
| 61 |  Panama | 4.6% | 2022 |
| 62 |  Ukraine | 4.6% | 2025 |
| 63 |  Benin | 4.6% | 2021 |
| 64 |  Tonga | 4.5% | 2025 |
| 65 |  Norway | 4.4% | 2025 |
| 66 |  Botswana | 4.2% | 2024 |
| 67 |  Hong Kong | 4.1% | 2025 |
| 68 |  Nigeria | 4.0% | 2025 |
| 69 |  Albania | 4.0% | 2024 |
| 70 |  Mexico | 4.0% | 2025 |
| 71 |  Bahamas | 4.0% | 2024 |
| 72 |  Iceland | 3.9% | 2025 |
| 73 |  Paraguay | 3.8% | 2021 |
| 74 |  St. Kitts and Nevis | 3.7% | 2025 |
| 75 |  Dominica | 3.7% | 2025 |
| 76 |  St. Lucia | 3.6% | 2025 |
| 77 |  Antigua and Barbuda | 3.3% | 2025 |
| 78 |  Aruba | 2.9% | 2023 |
| 79 |  Switzerland | 2.5% | 2025 |
| 80 |  Moldova | 2.3% | 2025 |
| 81 |  Montenegro | 2.2% | 2025 |
| 82 |  Samoa | 2.1% | 2025 |
| 83 |  St. Vincent and the Grenadines | 2.0% | 2025 |
| 84 |  Bangladesh | 2.0% | 2025 |
| 85 |  Hungary | 1.6% | 2025 |
| 86 |  Nicaragua | 1.4% | 2025 |
| 87 |  Mongolia | 1.4% | 2021 |
| 88 |  Suriname | 1.3% | 2025 |
| 89 |  Czechia | 1.1% | 2025 |
| 90 |  Bosnia and Herzegovina | 1.1% | 2025 |
| 91 |  South Korea | 1.0% | 2025 |
| 92 |  North Macedonia | 0.8% | 2025 |
| 93 |  Romania | 0.3% | 2025 |
| 94 |  Comoros | 0.0% | 2022 |
| 95 |  Belarus | 0.0% | 2025 |
| 96 |  Angola | -0.9% | 2025 |
| 97 |  United States | -1.3% | 2021 |
| 98 |  Italy | -1.3% | 2023 |
| 99 |  Pakistan | -1.5% | 2021 |
| 100 |  Fiji | -1.5% | 2024 |
| 101 |  San Marino | -1.6% | 2023 |
| 102 |  Israel | -1.8% | 2022 |
| 103 |  Bulgaria | -3.0% | 2025 |
| 104 |  West Bank and Gaza | -3.1% | 2021 |
| 105 |  New Zealand | -3.5% | 2025 |
| 106 |  Zambia | -3.9% | 2020 |
| 107 |  Burundi | -4.9% | 2025 |
| 108 |  Singapore | -5.2% | 2021 |
| 109 |  Oman | -5.9% | 2021 |
| 110 |  Egypt | -7.0% | 2024 |
| 111 |  Bolivia | -8.1% | 2025 |
| 112 |  Haiti | -15.9% | 2025 |
| 113 |  Zimbabwe | -20.1% | 2025 |
| 114 | South Sudan | -55.0% | 2025 |
Source: World Bank, World Development Indicators (FR.INR.RINR). License: CC BY 4.0. Data retrieved: 2026-10-28.
Report an error on this page (the form is in Japanese; you can write in English)