China vs India: Real interest rate

China
5.2%
in 2024
India
5.6%
in 2022
China rank
67th
India rank
64th

Real interest rate over time

  • China
  • India
-10-50510197820012024

How they compare

India currently reports 5.6% against 5.2% in China, a difference of 0.4%.

That makes India's figure about 1.1 times China's.

The two have swapped places 6 times across 43 shared years of data; in 1980 it was India ahead.

Globally, China ranks 67th and India ranks 64th of 148 countries.

Individual pages

About this data

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

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.