Real interest rate — all countries

Real interest rate — Paraguay

Real interest rate in Paraguay in 2021 — 3.76%. Ranked 46 in the world out of 109. Since 1994, the indicator has fallen by 21.48 pp.

2021 3.76% −7.33 pp vs 2020
World rank 46of 109
Period maximum 37.02%2003
Period minimum 3.76%2021

Trend over time

1994–2021 · % per annum

Real interest rate — Paraguay, 1994–202101020304019941997200020032006200920122015201820211994: 25.24%1995: 25.34%1996: 22.82%1997: 27.75%1998: 16.32%1999: 21.89%2000: 14.2%2001: 16.43%2002: 22.66%2003: 37.02%2004: 24.08%2005: 19.13%2006: 23.87%2007: 14.46%2008: 15.68%2009: 27.99%2010: 24.3%2011: 11.71%2012: 11.79%2013: 14.31%2014: 17.82%2015: 17.85%2016: 13.39%2017: 14.51%2018: 13.49%2019: 12.05%2020: 11.09%2021: 3.76%
Change over the period: −21.48 pp Annual average: -0.8 pp
Real interest rate — Paraguay, by year Paraguay All countries CSV XLSX
Year % Change, pp
2021 3.76 −7.33 pp
2020 11.09 −0.96 pp
2019 12.05 −1.44 pp
2018 13.49 −1.02 pp
2017 14.51 +1.12 pp
2016 13.39 −4.46 pp
2015 17.85 +0.03 pp
2014 17.82 +3.51 pp
2013 14.31 +2.52 pp
2012 11.79 +0.09 pp
2011 11.71 −12.6 pp
2010 24.3 −3.69 pp
2009 27.99 +12.3 pp
2008 15.68 +1.22 pp
2007 14.46 −9.41 pp
2006 23.87 +4.73 pp
2005 19.13 −4.95 pp
2004 24.08 −12.94 pp
2003 37.02 +14.36 pp
2002 22.66 +6.23 pp
2001 16.43 +2.22 pp
2000 14.2 −7.69 pp
1999 21.89 +5.57 pp
1998 16.32 −11.43 pp
1997 27.75 +4.94 pp
1996 22.82 −2.53 pp
1995 25.34 +0.1 pp
1994 25.24

South America, 2021

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.