Real interest rate — all countries

Real interest rate — Benin

Real interest rate in Benin in 2021 — 4.56%. Ranked 41 in the world out of 109. Since 2005, the indicator has risen by 0.96 pp.

2021 4.56% +1 pp vs 2020
World rank 41of 109
Period maximum 7.33%2017
Period minimum -2.47%2012

Trend over time

2005–2021 · % per annum

Real interest rate — Benin, 2005–2021-2.502.557.52005200720092011201320152017201920212005: 3.6%2006: 2.59%2007: 4.34%2008: -1.36%2009: 2.38%2010: 4.2%2011: 1.47%2012: -2.47%2013: 3.84%2014: 5.6%2015: 4.27%2016: 4.58%2017: 7.33%2018: 6.05%2019: 7.11%2020: 3.56%2021: 4.56%
Change over the period: +0.96 pp Annual average: 0.06 pp
Real interest rate — Benin, by year Benin All countries CSV XLSX
Year % Change, pp
2021 4.56 +1 pp
2020 3.56 −3.56 pp
2019 7.11 +1.06 pp
2018 6.05 −1.28 pp
2017 7.33 +2.75 pp
2016 4.58 +0.31 pp
2015 4.27 −1.33 pp
2014 5.6 +1.76 pp
2013 3.84 +6.31 pp
2012 -2.47 −3.94 pp
2011 1.47 −2.73 pp
2010 4.2 +1.82 pp
2009 2.38 +3.74 pp
2008 -1.36 −5.71 pp
2007 4.34 +1.76 pp
2006 2.59 −1.01 pp
2005 3.6

Western Africa, 2021

The same indicator for neighboring countries — with links to their pages

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.