Real interest rate — all countries

Real interest rate — Macao

Real interest rate in Macao in 2025 — 4.97%. Ranked 33 in the world out of 67. Since 1986, the indicator has risen by 4.13 pp.

2025 4.97% −0.84 pp vs 2024
World rank 33of 67
Period maximum 13.18%1998
Period minimum -6.53%1992

Trend over time

1986–2025 · % per annum

Real interest rate — Macao, 1986–2025-10-5051015198619901994199820022006201020142018202220251986: 0.84%1987: -4.59%1988: -0.73%1989: -1.71%1990: -0.47%1991: -2%1992: -6.53%1993: -2.77%1994: 1.12%1995: 1.59%1996: 7.13%1997: 7.93%1998: 13.18%1999: 10.77%2000: 11.84%2001: 9.61%2002: 7.54%2003: 5.95%2004: 4.01%2005: 1.4%2006: 0.94%2007: -0.87%2008: -4.22%2009: 4.3%2010: 0.42%2011: -2.08%2012: -1.59%2013: -2.31%2014: -3.2%2015: 0.69%2016: 4.32%2017: 3.03%2018: 1.68%2019: 2.89%2020: 5.54%2021: 6.16%2022: 4.13%2023: 1.56%2024: 5.81%2025: 4.97%
Change over the period: +4.13 pp Annual average: 0.11 pp
Real interest rate — Macao, by year Macao All countries CSV XLSX
Year % Change, pp
2025 4.97 −0.84 pp
2024 5.81 +4.25 pp
2023 1.56 −2.57 pp
2022 4.13 −2.02 pp
2021 6.16 +0.62 pp
2020 5.54 +2.65 pp
2019 2.89 +1.21 pp
2018 1.68 −1.35 pp
2017 3.03 −1.3 pp
2016 4.32 +3.64 pp
2015 0.69 +3.89 pp
2014 -3.2 −0.88 pp
2013 -2.31 −0.73 pp
2012 -1.59 +0.49 pp
2011 -2.08 −2.5 pp
2010 0.42 −3.88 pp
2009 4.3 +8.52 pp
2008 -4.22 −3.35 pp
2007 -0.87 −1.82 pp
2006 0.94 −0.46 pp
2005 1.4 −2.6 pp
2004 4.01 −1.94 pp
2003 5.95 −1.59 pp
2002 7.54 −2.07 pp
2001 9.61 −2.23 pp
2000 11.84 +1.07 pp
1999 10.77 −2.41 pp
1998 13.18 +5.25 pp
1997 7.93 +0.81 pp
1996 7.13 +5.54 pp
1995 1.59 +0.46 pp
1994 1.12 +3.9 pp
1993 -2.77 +3.76 pp
1992 -6.53 −4.53 pp
1991 -2 −1.53 pp
1990 -0.47 +1.24 pp
1989 -1.71 −0.98 pp
1988 -0.73 +3.86 pp
1987 -4.59 −5.43 pp
1986 0.84

Eastern 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.