Real interest rate — all countries

Real interest rate — Bhutan

Real interest rate in Bhutan in 2025 — 8.34%. Ranked 16 in the world out of 67. Since 1982, the indicator has risen by 1.15 pp.

2025 8.34% +2.73 pp vs 2024
World rank 16of 67
Period maximum 13.75%1987
Period minimum -0.45%2000

Trend over time

1982–2025 · % per annum

Real interest rate — Bhutan, 1982–2025-505101519821987199219972002200720122017202220251982: 7.19%1983: 7.32%1984: 4.39%1985: 7.97%1986: 7.29%1987: 13.75%1988: 0.03%1989: 8.89%1990: 8.28%1991: 5.56%1992: 7.42%1993: 7.82%1994: 3.78%1995: 7.13%1996: 7.3%1997: 2.74%1998: 4.79%1999: 9.26%2000: -0.45%2001: 9.98%2002: 9.79%2003: 11.16%2004: 10.21%2005: 7.53%2006: 6.97%2007: 8.89%2008: 7.81%2009: 8.93%2010: 5.16%2011: 4.7%2012: 4.94%2013: 7.42%2014: 7.85%2015: 11.32%2016: 9.71%2017: 9.49%2018: 12.7%2019: 10.56%2020: 8.28%2021: 5.92%2022: 7.76%2023: 7.53%2024: 5.61%2025: 8.34%
Change over the period: +1.15 pp Annual average: 0.03 pp
Real interest rate — Bhutan, by year Bhutan All countries CSV XLSX
Year % Change, pp
2025 8.34 +2.73 pp
2024 5.61 −1.92 pp
2023 7.53 −0.22 pp
2022 7.76 +1.84 pp
2021 5.92 −2.35 pp
2020 8.28 −2.29 pp
2019 10.56 −2.14 pp
2018 12.7 +3.22 pp
2017 9.49 −0.22 pp
2016 9.71 −1.61 pp
2015 11.32 +3.47 pp
2014 7.85 +0.44 pp
2013 7.42 +2.48 pp
2012 4.94 +0.23 pp
2011 4.7 −0.46 pp
2010 5.16 −3.77 pp
2009 8.93 +1.12 pp
2008 7.81 −1.08 pp
2007 8.89 +1.93 pp
2006 6.97 −0.57 pp
2005 7.53 −2.68 pp
2004 10.21 −0.95 pp
2003 11.16 +1.37 pp
2002 9.79 −0.2 pp
2001 9.98 +10.44 pp
2000 -0.45 −9.71 pp
1999 9.26 +4.47 pp
1998 4.79 +2.05 pp
1997 2.74 −4.56 pp
1996 7.3 +0.17 pp
1995 7.13 +3.35 pp
1994 3.78 −4.04 pp
1993 7.82 +0.41 pp
1992 7.42 +1.85 pp
1991 5.56 −2.72 pp
1990 8.28 −0.61 pp
1989 8.89 +8.86 pp
1988 0.03 −13.72 pp
1987 13.75 +6.46 pp
1986 7.29 −0.68 pp
1985 7.97 +3.58 pp
1984 4.39 −2.93 pp
1983 7.32 +0.13 pp
1982 7.19

Southern Asia, 2025

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.