Real interest rate — all countries

Real interest rate — Ethiopia

Real interest rate in Ethiopia in 2008 — -17.12%. Ranked 133 in the world out of 135. Since 1985, the indicator has risen by 0.55 pp.

2008 -17.12% −8.83 pp vs 2007
World rank 133of 135
Period maximum 17.64%2001
Period minimum -17.67%1985

Trend over time

1985–2008 · % per annum

Real interest rate — Ethiopia, 1985–2008-20-10010201985198819911994199720002003200620081985: -17.67%1986: 13.22%1987: 12.91%1988: 2.81%1989: 0.39%1990: 2.64%1991: -10.99%1992: -6.52%1993: 0.55%1994: 11.08%1995: 2.11%1996: 13.64%1997: 10.27%1998: 10.67%1999: 8.18%2000: 3.83%2001: 17.64%2002: 12.74%2003: -5.11%2004: 2.97%2005: -2.62%2006: -4.08%2007: -8.29%2008: -17.12%
Change over the period: +0.55 pp Annual average: 0.02 pp
Real interest rate — Ethiopia, by year Ethiopia All countries CSV XLSX
Year % Change, pp
2008 -17.12 −8.83 pp
2007 -8.29 −4.21 pp
2006 -4.08 −1.46 pp
2005 -2.62 −5.59 pp
2004 2.97 +8.09 pp
2003 -5.11 −17.86 pp
2002 12.74 −4.89 pp
2001 17.64 +13.8 pp
2000 3.83 −4.35 pp
1999 8.18 −2.49 pp
1998 10.67 +0.39 pp
1997 10.27 −3.37 pp
1996 13.64 +11.54 pp
1995 2.11 −8.97 pp
1994 11.08 +10.53 pp
1993 0.55 +7.07 pp
1992 -6.52 +4.47 pp
1991 -10.99 −13.63 pp
1990 2.64 +2.25 pp
1989 0.39 −2.41 pp
1988 2.81 −10.1 pp
1987 12.91 −0.31 pp
1986 13.22 +30.89 pp
1985 -17.67

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.