Iceland vs Paraguay: Real interest rate

Iceland
3.9%
in 2025
Paraguay
3.8%
in 2021
Iceland rank
86th
Paraguay rank
88th

Real interest rate over time

  • Iceland
  • Paraguay
-2002040198220032025

How they compare

Iceland currently reports 3.9% against 3.8% in Paraguay, a difference of 0.1%.

Across all 28 years both countries report, Paraguay has been ahead every year.

Globally, Iceland ranks 86th and Paraguay ranks 88th 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.