Iraq vs Madagascar: Real interest rate
Real interest rate over time
- Iraq
- Madagascar
How they compare
Iraq currently reports 57.6% against 47.6% in Madagascar, a difference of 10.0%.
That makes Iraq's figure about 1.2 times Madagascar's.
The two have swapped places 3 times across 12 shared years of data; in 2004 it was Madagascar ahead.
Globally, Iraq ranks 1st and Madagascar ranks 2nd of 148 countries.
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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.