Australia vs Nicaragua: Real interest rate
Real interest rate over time
- Australia
- Nicaragua
How they compare
Australia currently reports 1.6% against 1.4% in Nicaragua, a difference of 0.1%.
That makes Australia's figure about 1.1 times Nicaragua's.
The two have swapped places 12 times across 32 shared years of data; in 1988 it was Nicaragua ahead.
Globally, Australia ranks 110th and Nicaragua ranks 111th of 148 countries.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.