South Korea vs North Macedonia: Real interest rate
Real interest rate over time
- South Korea
- North Macedonia
How they compare
South Korea currently reports 1.0% against 0.8% in North Macedonia, a difference of 0.3%.
That makes South Korea's figure about 1.4 times North Macedonia's.
The two have swapped places 5 times across 21 shared years of data; in 2005 it was North Macedonia ahead.
Globally, South Korea ranks 117th and North Macedonia ranks 119th 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.