Real interest rate — all countries

Real interest rate — Ukraine

Real interest rate in Ukraine in 2025 — 4.57%. Ranked 36 in the world out of 67. Since 1992, the indicator has risen by 95.16 pp.

2025 4.57% −2.24 pp vs 2024
World rank 36of 67
Period maximum 37.93%1998
Period minimum -91.72%1993

Trend over time

1992–2025 · % per annum

Real interest rate — Ukraine, 1992–2025-100-500501992199620002004200820122016202020241992: -90.6%1993: -91.72%1994: -66.73%1995: -56.83%1996: 8.27%1997: 26.29%1998: 37.93%1999: 21.63%2000: 11%2001: 20.03%2002: 19.09%2003: 9%2004: 1.81%2005: -6.38%2006: 0.28%2007: -7.28%2008: -8.93%2009: 7.31%2010: 1.93%2011: 1.55%2012: 9.64%2013: 11.83%2014: 1.57%2015: -12.28%2016: 1.83%2017: -4.68%2018: 3.13%2019: 10.69%2020: 3.62%2021: -9.22%2022: -12.09%2023: 1.87%2024: 6.8%2025: 4.57%
Change over the period: +95.16 pp Annual average: 2.88 pp
Real interest rate — Ukraine, by year Ukraine All countries CSV XLSX
Year % Change, pp
2025 4.57 −2.24 pp
2024 6.8 +4.94 pp
2023 1.87 +13.95 pp
2022 -12.09 −2.86 pp
2021 -9.22 −12.85 pp
2020 3.62 −7.07 pp
2019 10.69 +7.57 pp
2018 3.13 +7.81 pp
2017 -4.68 −6.51 pp
2016 1.83 +14.11 pp
2015 -12.28 −13.85 pp
2014 1.57 −10.26 pp
2013 11.83 +2.19 pp
2012 9.64 +8.09 pp
2011 1.55 −0.39 pp
2010 1.93 −5.38 pp
2009 7.31 +16.24 pp
2008 -8.93 −1.65 pp
2007 -7.28 −7.56 pp
2006 0.28 +6.66 pp
2005 -6.38 −8.2 pp
2004 1.81 −7.18 pp
2003 9 −10.1 pp
2002 19.09 −0.94 pp
2001 20.03 +9.03 pp
2000 11 −10.63 pp
1999 21.63 −16.3 pp
1998 37.93 +11.64 pp
1997 26.29 +18.02 pp
1996 8.27 +65.09 pp
1995 -56.83 +9.91 pp
1994 -66.73 +24.99 pp
1993 -91.72 −1.13 pp
1992 -90.6

Eastern Europe, 2025

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.