Real interest rate — all countries

Real interest rate — Aruba

Real interest rate in Aruba in 2023 — 2.88%. Ranked 51 in the world out of 91. Since 1987, the indicator has fallen by 3.59 pp.

2023 2.88% +0.96 pp vs 2022
World rank 51of 91
Period maximum 15.89%2001
Period minimum 1.93%2022

Trend over time

1987–2023 · % per annum

Real interest rate — Aruba, 1987–20230510152019871991199519992003200720112015201920231987: 6.48%1988: 6.92%1989: 6.26%1990: 4.57%1991: 4.79%1992: 6.53%1993: 5.03%1994: 4.06%1995: 6.99%1996: 6.89%1997: 6.31%1998: 4.17%1999: 10.72%2000: 10.92%2001: 15.89%2002: 6.57%2003: 7.42%2004: 6.6%2005: 5.65%2006: 5.81%2007: 4.98%2008: 5.98%2009: 8.85%2010: 11.67%2011: 4.8%2012: 8.2%2013: 10.71%2014: 6.37%2015: 4.43%2016: 7.47%2017: 6.14%2018: 3.27%2019: 4.72%2020: 10.49%2021: 4.07%2022: 1.93%2023: 2.88%
Change over the period: −3.59 pp Annual average: -0.1 pp
Real interest rate — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2023 2.88 +0.96 pp
2022 1.93 −2.15 pp
2021 4.07 −6.42 pp
2020 10.49 +5.78 pp
2019 4.72 +1.45 pp
2018 3.27 −2.87 pp
2017 6.14 −1.32 pp
2016 7.47 +3.04 pp
2015 4.43 −1.95 pp
2014 6.37 −4.34 pp
2013 10.71 +2.51 pp
2012 8.2 +3.4 pp
2011 4.8 −6.86 pp
2010 11.67 +2.82 pp
2009 8.85 +2.86 pp
2008 5.98 +1.01 pp
2007 4.98 −0.84 pp
2006 5.81 +0.17 pp
2005 5.65 −0.96 pp
2004 6.6 −0.82 pp
2003 7.42 +0.85 pp
2002 6.57 −9.31 pp
2001 15.89 +4.97 pp
2000 10.92 +0.2 pp
1999 10.72 +6.54 pp
1998 4.17 −2.14 pp
1997 6.31 −0.58 pp
1996 6.89 −0.1 pp
1995 6.99 +2.93 pp
1994 4.06 −0.98 pp
1993 5.03 −1.5 pp
1992 6.53 +1.74 pp
1991 4.79 +0.22 pp
1990 4.57 −1.7 pp
1989 6.26 −0.65 pp
1988 6.92 +0.44 pp
1987 6.48

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.