Real interest rate — all countries

Real interest rate — Eswatini

Real interest rate in Eswatini in 2024 — 9.45%. Ranked 14 in the world out of 87. Since 1975, the indicator has risen by 3.18 pp.

2024 9.45% +4.95 pp vs 2023
World rank 14of 87
Period maximum 13.81%1985
Period minimum -12.18%1990

Trend over time

1975–2024 · % per annum

Real interest rate — Eswatini, 1975–2024-20-1001020197519801985199019952000200520102015202020241975: 6.27%1976: -2.7%1977: 0.05%1978: -0.07%1979: -3.38%1980: 1.19%1981: 7.48%1982: 1.91%1983: 11.23%1984: 8.34%1985: 13.81%1986: 0.32%1987: 10.64%1988: -8.85%1989: 11.28%1990: -12.18%1991: 6.65%1992: 4.26%1993: -2.59%1994: 2.96%1995: 0.35%1996: 10.2%1997: 7.32%1998: 11.26%1999: 11.43%2000: -6.86%2001: 4.55%2002: 5.63%2003: 8.27%2004: 7.11%2005: 4.2%2006: 7.36%2007: 7.58%2008: 4.11%2009: 1.1%2010: 6.62%2011: 3.34%2012: -0.41%2013: 2.16%2014: 2.73%2015: 3.53%2016: 3.26%2017: 5.53%2018: 6.8%2019: 8%2020: 2.66%2021: 7.13%2022: -0.34%2023: 4.51%2024: 9.45%
Change over the period: +3.18 pp Annual average: 0.06 pp
Real interest rate — Eswatini, by year Eswatini All countries CSV XLSX
Year % Change, pp
2024 9.45 +4.95 pp
2023 4.51 +4.85 pp
2022 -0.34 −7.47 pp
2021 7.13 +4.47 pp
2020 2.66 −5.35 pp
2019 8 +1.21 pp
2018 6.8 +1.26 pp
2017 5.53 +2.27 pp
2016 3.26 −0.26 pp
2015 3.53 +0.8 pp
2014 2.73 +0.57 pp
2013 2.16 +2.57 pp
2012 -0.41 −3.75 pp
2011 3.34 −3.27 pp
2010 6.62 +5.52 pp
2009 1.1 −3.01 pp
2008 4.11 −3.47 pp
2007 7.58 +0.23 pp
2006 7.36 +3.16 pp
2005 4.2 −2.91 pp
2004 7.11 −1.16 pp
2003 8.27 +2.64 pp
2002 5.63 +1.09 pp
2001 4.55 +11.41 pp
2000 -6.86 −18.29 pp
1999 11.43 +0.17 pp
1998 11.26 +3.94 pp
1997 7.32 −2.88 pp
1996 10.2 +9.85 pp
1995 0.35 −2.61 pp
1994 2.96 +5.55 pp
1993 -2.59 −6.85 pp
1992 4.26 −2.4 pp
1991 6.65 +18.84 pp
1990 -12.18 −23.46 pp
1989 11.28 +20.13 pp
1988 -8.85 −19.49 pp
1987 10.64 +10.32 pp
1986 0.32 −13.49 pp
1985 13.81 +5.47 pp
1984 8.34 −2.89 pp
1983 11.23 +9.33 pp
1982 1.91 −5.57 pp
1981 7.48 +6.28 pp
1980 1.19 +4.57 pp
1979 -3.38 −3.31 pp
1978 -0.07 −0.12 pp
1977 0.05 +2.75 pp
1976 -2.7 −8.98 pp
1975 6.27

Southern Africa, 2024

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.