Real interest rate — all countries

Real interest rate — Kyrgyzstan

Real interest rate in Kyrgyzstan in 2024 — 12.58%. Ranked 7 in the world out of 87. Since 1996, the indicator has fallen by 7.54 pp.

2024 12.58% +13.21 pp vs 2023
World rank 7of 87
Period maximum 43.87%1998
Period minimum -0.83%2022

Trend over time

1996–2024 · % per annum

Real interest rate — Kyrgyzstan, 1996–2024-20020406019961999200220052008201120142017202020231996: 20.12%1997: 36.81%1998: 43.87%1999: 15.58%2000: 23.05%2001: 30.52%2002: 33.19%2003: 19.31%2004: 17.35%2005: 13.41%2006: 12.51%2007: 7.26%2008: 3.02%2009: 21.74%2010: 12.44%2011: 1.06%2012: 13.2%2013: 17.59%2014: 10.81%2015: 19.53%2016: 17.43%2017: 12.69%2018: 15.53%2019: 8.36%2020: 11.1%2021: 0.54%2022: -0.83%2023: -0.63%2024: 12.58%
Change over the period: −7.54 pp Annual average: -0.27 pp
Real interest rate — Kyrgyzstan, by year Kyrgyzstan All countries CSV XLSX
Year % Change, pp
2024 12.58 +13.21 pp
2023 -0.63 +0.2 pp
2022 -0.83 −1.37 pp
2021 0.54 −10.56 pp
2020 11.1 +2.74 pp
2019 8.36 −7.17 pp
2018 15.53 +2.84 pp
2017 12.69 −4.74 pp
2016 17.43 −2.11 pp
2015 19.53 +8.72 pp
2014 10.81 −6.78 pp
2013 17.59 +4.39 pp
2012 13.2 +12.14 pp
2011 1.06 −11.38 pp
2010 12.44 −9.3 pp
2009 21.74 +18.72 pp
2008 3.02 −4.24 pp
2007 7.26 −5.24 pp
2006 12.51 −0.91 pp
2005 13.41 −3.93 pp
2004 17.35 −1.96 pp
2003 19.31 −13.88 pp
2002 33.19 +2.67 pp
2001 30.52 +7.47 pp
2000 23.05 +7.47 pp
1999 15.58 −28.29 pp
1998 43.87 +7.06 pp
1997 36.81 +16.69 pp
1996 20.12

Central Asia, 2024

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

KG Kyrgyzstan 12.58 UZ Uzbekistan 7.95

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.