Real interest rate — all countries

Real interest rate — Malawi

Real interest rate in Malawi in 2024 — 9.96%. Ranked 12 in the world out of 87. Since 1981, the indicator has risen by 8.17 pp.

2024 9.96% +6.47 pp vs 2023
World rank 12of 87
Period maximum 34.95%2003
Period minimum -29.22%2002

Trend over time

1981–2024 · % per annum

Real interest rate — Malawi, 1981–2024-40-200204019811986199119962001200620112016202120241981: 1.8%1982: 8.06%1983: 6.39%1984: 3.31%1985: 8.67%1986: 4.84%1987: 2.38%1988: -6.74%1989: 0.4%1990: 9.34%1991: 8.41%1992: 7.7%1993: 1.03%1994: 3.83%1995: -16.86%1996: -4.6%1997: 6.14%1998: 15.16%1999: 9.95%2000: 17.31%2001: 24.31%2002: -29.22%2003: 34.95%2004: 19.14%2005: 20.18%2006: 10.24%2007: 22.69%2008: 11.89%2009: 16.08%2010: 11.15%2011: 8.56%2012: 12.49%2013: 14.93%2014: 19.28%2015: 20.51%2016: 19.8%2017: 25.34%2018: 24.62%2019: 16.66%2020: 16.94%2021: 14.54%2022: 6.99%2023: 3.5%2024: 9.96%
Change over the period: +8.17 pp Annual average: 0.19 pp
Real interest rate — Malawi, by year Malawi All countries CSV XLSX
Year % Change, pp
2024 9.96 +6.47 pp
2023 3.5 −3.49 pp
2022 6.99 −7.56 pp
2021 14.54 −2.4 pp
2020 16.94 +0.29 pp
2019 16.66 −7.96 pp
2018 24.62 −0.71 pp
2017 25.34 +5.53 pp
2016 19.8 −0.71 pp
2015 20.51 +1.23 pp
2014 19.28 +4.35 pp
2013 14.93 +2.44 pp
2012 12.49 +3.93 pp
2011 8.56 −2.58 pp
2010 11.15 −4.93 pp
2009 16.08 +4.19 pp
2008 11.89 −10.8 pp
2007 22.69 +12.45 pp
2006 10.24 −9.94 pp
2005 20.18 +1.03 pp
2004 19.14 −15.81 pp
2003 34.95 +64.18 pp
2002 -29.22 −53.54 pp
2001 24.31 +7.01 pp
2000 17.31 +7.36 pp
1999 9.95 −5.21 pp
1998 15.16 +9.02 pp
1997 6.14 +10.74 pp
1996 -4.6 +12.26 pp
1995 -16.86 −20.69 pp
1994 3.83 +2.79 pp
1993 1.03 −6.67 pp
1992 7.7 −0.71 pp
1991 8.41 −0.93 pp
1990 9.34 +8.94 pp
1989 0.4 +7.15 pp
1988 -6.74 −9.12 pp
1987 2.38 −2.46 pp
1986 4.84 −3.83 pp
1985 8.67 +5.36 pp
1984 3.31 −3.08 pp
1983 6.39 −1.67 pp
1982 8.06 +6.26 pp
1981 1.8

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.