Real interest rate — all countries

Real interest rate — Canada

Real interest rate in Canada in 2017 — 0.13%. Ranked 109 in the world out of 127. Since 1961, the indicator has fallen by 2.96 pp.

2017 0.13% −1.84 pp vs 2016
World rank 109of 127
Period maximum 10.36%1990
Period minimum -4.17%1974

Trend over time

1961–2017 · % per annum

Real interest rate — Canada, 1961–2017-505101519611967197319791985199119972003200920151961: 3.08%1962: 4.34%1963: 3.49%1964: 2.84%1965: 1.92%1966: 1.03%1967: 1.4%1968: 2.74%1969: 2.99%1970: 3.29%1971: 1.47%1972: 0.16%1973: -2.08%1974: -4.17%1975: -1.42%1976: 1.16%1977: 1.67%1978: 2.68%1979: 2.57%1980: 3.81%1981: 7.6%1982: 6.42%1983: 5.05%1984: 8.23%1985: 7.01%1986: 7.16%1987: 4.51%1988: 6.02%1989: 8.27%1990: 10.36%1991: 6.68%1992: 5.92%1993: 4.59%1994: 5.34%1995: 6.24%1996: 4.31%1997: 3.77%1998: 6.79%1999: 4.43%2000: 2.78%2001: 4.17%2002: 2.91%2003: 1.39%2004: 0.72%2005: 1.26%2006: 3.16%2007: 2.72%2008: 0.7%2009: 4.83%2010: -0.24%2011: -0.24%2012: 1.76%2013: 1.24%2014: 1.04%2015: 3.67%2016: 1.97%2017: 0.13%
Change over the period: −2.96 pp Annual average: -0.05 pp
Real interest rate — Canada, by year Canada All countries CSV XLSX
Year % Change, pp
2017 0.13 −1.84 pp
2016 1.97 −1.71 pp
2015 3.67 +2.64 pp
2014 1.04 −0.2 pp
2013 1.24 −0.52 pp
2012 1.76 +2 pp
2011 -0.24 +0 pp
2010 -0.24 −5.07 pp
2009 4.83 +4.13 pp
2008 0.7 −2.01 pp
2007 2.72 −0.44 pp
2006 3.16 +1.9 pp
2005 1.26 +0.54 pp
2004 0.72 −0.68 pp
2003 1.39 −1.52 pp
2002 2.91 −1.26 pp
2001 4.17 +1.4 pp
2000 2.78 −1.65 pp
1999 4.43 −2.36 pp
1998 6.79 +3.02 pp
1997 3.77 −0.54 pp
1996 4.31 −1.93 pp
1995 6.24 +0.9 pp
1994 5.34 +0.75 pp
1993 4.59 −1.33 pp
1992 5.92 −0.76 pp
1991 6.68 −3.69 pp
1990 10.36 +2.1 pp
1989 8.27 +2.25 pp
1988 6.02 +1.51 pp
1987 4.51 −2.65 pp
1986 7.16 +0.15 pp
1985 7.01 −1.21 pp
1984 8.23 +3.18 pp
1983 5.05 −1.37 pp
1982 6.42 −1.18 pp
1981 7.6 +3.78 pp
1980 3.81 +1.24 pp
1979 2.57 −0.11 pp
1978 2.68 +1.01 pp
1977 1.67 +0.51 pp
1976 1.16 +2.58 pp
1975 -1.42 +2.75 pp
1974 -4.17 −2.09 pp
1973 -2.08 −2.24 pp
1972 0.16 −1.31 pp
1971 1.47 −1.81 pp
1970 3.29 +0.3 pp
1969 2.99 +0.25 pp
1968 2.74 +1.34 pp
1967 1.4 +0.37 pp
1966 1.03 −0.89 pp
1965 1.92 −0.91 pp
1964 2.84 −0.65 pp
1963 3.49 −0.85 pp
1962 4.34 +1.26 pp
1961 3.08

Northern America, 2017

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.