Real interest rate — all countries

Real interest rate — Peru

Real interest rate in Peru in 2022 — 7.74%. Ranked 7 in the world out of 97. Since 1985, the indicator has risen by 47.01 pp.

2022 7.74% +6.89 pp vs 2021
World rank 7of 97
Period maximum 61.19%1991
Period minimum -62.77%1988

Trend over time

1985–2022 · % per annum

Real interest rate — Peru, 1985–2022-100-5005010019851989199319972001200520092013201720211985: -39.27%1986: -19.13%1987: -28.96%1988: -62.77%1989: -45.65%1990: -31.46%1991: 61.19%1992: 46.6%1993: 32.69%1994: 22.62%1995: 19.88%1996: 19.92%1997: 22.02%1998: 25.87%1999: 31.21%2000: 25.57%2001: 24.41%2002: 20.63%2003: 18.87%2004: 17.31%2005: 21.28%2006: 15.12%2007: 21.05%2008: 22.32%2009: 18.59%2010: 12.55%2011: 11.18%2012: 17.82%2013: 16.9%2014: 12.99%2015: 13.06%2016: 12.99%2017: 12.71%2018: 11.99%2019: 12.28%2020: 8.89%2021: 0.85%2022: 7.74%
Change over the period: +47.01 pp Annual average: 1.27 pp
Real interest rate — Peru, by year Peru All countries CSV XLSX
Year % Change, pp
2022 7.74 +6.89 pp
2021 0.85 −8.04 pp
2020 8.89 −3.39 pp
2019 12.28 +0.29 pp
2018 11.99 −0.72 pp
2017 12.71 −0.27 pp
2016 12.99 −0.08 pp
2015 13.06 +0.07 pp
2014 12.99 −3.91 pp
2013 16.9 −0.92 pp
2012 17.82 +6.64 pp
2011 11.18 −1.37 pp
2010 12.55 −6.05 pp
2009 18.59 −3.73 pp
2008 22.32 +1.27 pp
2007 21.05 +5.93 pp
2006 15.12 −6.16 pp
2005 21.28 +3.98 pp
2004 17.31 −1.56 pp
2003 18.87 −1.76 pp
2002 20.63 −3.78 pp
2001 24.41 −1.16 pp
2000 25.57 −5.64 pp
1999 31.21 +5.34 pp
1998 25.87 +3.84 pp
1997 22.02 +2.11 pp
1996 19.92 +0.04 pp
1995 19.88 −2.74 pp
1994 22.62 −10.07 pp
1993 32.69 −13.91 pp
1992 46.6 −14.58 pp
1991 61.19 +92.65 pp
1990 -31.46 +14.19 pp
1989 -45.65 +17.12 pp
1988 -62.77 −33.81 pp
1987 -28.96 −9.83 pp
1986 -19.13 +20.14 pp
1985 -39.27

South America, 2022

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.