Real interest rate — all countries

Real interest rate — Uganda

Real interest rate in Uganda in 2018 — 14.75%. Ranked 13 in the world out of 120. Since 1983, the indicator has risen by 35.15 pp.

2018 14.75% −1.14 pp vs 2017
World rank 13of 120
Period maximum 23%2002
Period minimum -53.44%1988

Trend over time

1983–2018 · % per annum

Real interest rate — Uganda, 1983–2018-60-40-200204019831987199119951999200320072011201520181983: -20.4%1984: -2.68%1985: -43.72%1986: -43.81%1987: -52.07%1988: -53.44%1989: -35.02%1990: -3.96%1991: 6.66%1992: -4.11%1994: 13.02%1995: 9.86%1996: 15.03%1997: 17.73%1998: 11.1%1999: 21.69%2000: 10.62%2001: 17.33%2002: 23%2003: 10.33%2004: 4.34%2005: 21.77%2006: 15.91%2007: 10.98%2008: 13.24%2009: -34.74%2010: 13.76%2011: 11.37%2012: 21.49%2013: 19.01%2014: 15.68%2015: 16.55%2016: 18.23%2017: 15.89%2018: 14.75%
Change over the period: +35.15 pp Annual average: 1 pp
Real interest rate — Uganda, by year Uganda All countries CSV XLSX
Year % Change, pp
2018 14.75 −1.14 pp
2017 15.89 −2.34 pp
2016 18.23 +1.68 pp
2015 16.55 +0.88 pp
2014 15.68 −3.34 pp
2013 19.01 −2.47 pp
2012 21.49 +10.11 pp
2011 11.37 −2.39 pp
2010 13.76 +48.5 pp
2009 -34.74 −47.99 pp
2008 13.24 +2.26 pp
2007 10.98 −4.93 pp
2006 15.91 −5.86 pp
2005 21.77 +17.43 pp
2004 4.34 −5.99 pp
2003 10.33 −12.67 pp
2002 23 +5.66 pp
2001 17.33 +6.71 pp
2000 10.62 −11.07 pp
1999 21.69 +10.59 pp
1998 11.1 −6.63 pp
1997 17.73 +2.69 pp
1996 15.03 +5.17 pp
1995 9.86 −3.16 pp
1994 13.02
1992 -4.11 −10.77 pp
1991 6.66 +10.62 pp
1990 -3.96 +31.06 pp
1989 -35.02 +18.43 pp
1988 -53.44 −1.37 pp
1987 -52.07 −8.27 pp
1986 -43.81 −0.09 pp
1985 -43.72 −41.04 pp
1984 -2.68 +17.72 pp
1983 -20.4

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.