Real interest rate — all countries

Real interest rate — Serbia

Real interest rate in Serbia in 2010 — -0.18%. Ranked 108 in the world out of 136. Since 1997, the indicator has fallen by 1.16 pp.

2010 -0.18% +1.26 pp vs 2009
World rank 108of 136
Period maximum 0.98%1997
Period minimum -24.6%2001

Trend over time

1997–2010 · % per annum

Real interest rate — Serbia, 1997–2010-30-20-10010199719992001200320052007200920101997: 0.98%1998: -6.76%1999: -19.8%2000: -0.29%2001: -24.6%2002: -13.28%2003: -8.83%2004: -4.32%2005: -9.12%2006: -7.66%2007: -4.08%2008: -3.17%2009: -1.44%2010: -0.18%
Change over the period: −1.16 pp Annual average: -0.09 pp
Real interest rate — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2010 -0.18 +1.26 pp
2009 -1.44 +1.72 pp
2008 -3.17 +0.91 pp
2007 -4.08 +3.58 pp
2006 -7.66 +1.46 pp
2005 -9.12 −4.8 pp
2004 -4.32 +4.51 pp
2003 -8.83 +4.45 pp
2002 -13.28 +11.32 pp
2001 -24.6 −24.31 pp
2000 -0.29 +19.52 pp
1999 -19.8 −13.04 pp
1998 -6.76 −7.74 pp
1997 0.98

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.