Real interest rate — all countries

Real interest rate — Venezuela

Real interest rate in Venezuela in 2017 — -89.47%. Ranked 127 in the world out of 127. Since 1984, the indicator has fallen by 69.16 pp.

2017 -89.47% −19.03 pp vs 2016
World rank 127of 127
Period maximum 23.32%1998
Period minimum -89.47%2017

Trend over time

1984–2017 · % per annum

Real interest rate — Venezuela, 1984–2017-100-500501984198819921996200020042008201220161984: -20.31%1985: -0.53%1986: 9.45%1987: -20.07%1988: -7.91%1989: -39.1%1990: -4.16%1991: 12.79%1992: 10.15%1993: 21.44%1994: -5.02%1995: -7.92%1996: -35.35%1997: -7.68%1998: 23.32%1999: 4.74%2000: -3.43%2001: 13.41%2002: 2.82%2003: -7.22%2004: -11.6%2005: -9.98%2006: -2.04%2007: 1.48%2008: -6.02%2009: 11.33%2010: -18.99%2011: -8.63%2012: -3.49%2013: -16.76%2014: -42.84%2015: -49.17%2016: -70.44%2017: -89.47%
Change over the period: −69.16 pp Annual average: -2.1 pp
Real interest rate — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2017 -89.47 −19.03 pp
2016 -70.44 −21.27 pp
2015 -49.17 −6.34 pp
2014 -42.84 −26.08 pp
2013 -16.76 −13.27 pp
2012 -3.49 +5.14 pp
2011 -8.63 +10.36 pp
2010 -18.99 −30.32 pp
2009 11.33 +17.35 pp
2008 -6.02 −7.5 pp
2007 1.48 +3.52 pp
2006 -2.04 +7.94 pp
2005 -9.98 +1.62 pp
2004 -11.6 −4.38 pp
2003 -7.22 −10.03 pp
2002 2.82 −10.59 pp
2001 13.41 +16.83 pp
2000 -3.43 −8.16 pp
1999 4.74 −18.59 pp
1998 23.32 +31.01 pp
1997 -7.68 +27.67 pp
1996 -35.35 −27.43 pp
1995 -7.92 −2.9 pp
1994 -5.02 −26.46 pp
1993 21.44 +11.29 pp
1992 10.15 −2.63 pp
1991 12.79 +16.95 pp
1990 -4.16 +34.93 pp
1989 -39.1 −31.19 pp
1988 -7.91 +12.16 pp
1987 -20.07 −29.52 pp
1986 9.45 +9.98 pp
1985 -0.53 +19.78 pp
1984 -20.31

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.