Real interest rate in China

China: Real interest rate was 5.2% in 2024. ◆ Volatile

Latest (2024)
5.2%
Change on year
up 5.6%
World rank
67th
of 148 countries
All-time high
7.3%
in 1982
All-time low
-8.0%
in 1994
Years of data
45
1980–2024

Real interest rate in China, 1980–2024

-10-5051980200220241980: 1.2 %1981: 2.6 %1982: 7.3 %1983: 6 %1984: 2.2 %1985: -2.1 %1986: 3.1 %1987: 2.7 %1988: -2.8 %1989: 2.5 %1990: 3.4 %1991: 1.8 %1992: 0.405 %1993: -3.7 %1994: -8 %1995: -1.4 %1996: 3.4 %1997: 6.9 %1998: 7.3 %1999: 7.2 %2000: 3.7 %2001: 3.6 %2002: 4.6 %2003: 2.6 %2004: -1.3 %2005: 1.8 %2006: 2 %2007: -0.41 %2008: -2.4 %2009: 5.4 %2010: -1.1 %2011: -1.3 %2012: 3.5 %2013: 3.6 %2014: 4.5 %2015: 4.2 %2016: 2.8 %2017: 0.196 %2018: 0.854 %2019: 3 %2020: 3.8 %2021: -0.118 %2022: 2.4 %2023: 4.9 %2024: 5.2 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for real interest rate in China is 5.2%, measured in 2024.

Compared with earlier readings it is up 5.6% on the previous year and up 15.6% over ten years.

Over the whole period, real interest rate in China peaked at 7.3% in 1982 and was at its lowest, -8.0%, in 1994.

That places China 67th out of 148 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.3% -2.8% 7.3% 10
1990s 1.7% -8.0% 7.3% 10
2000s 2.0% -2.4% 5.4% 10
2010s 2.0% -1.3% 4.5% 10
2020s 3.2% -0.1% 5.2% 5

Countries ranked near China

  1. 64 India 5.6% compare
  2. 65 Uruguay 5.5% compare
  3. 66 Malaysia 5.3% compare
  4. 69 Argentina 5.0% compare
  5. 70 Macao 5.0% compare

See the full ranking of 148 places →

More financial sector data for China

All data for China →

Frequently asked questions

What is real interest rate in China?
Real interest rate in China was 5.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in China?
The highest recorded value was 7.3% in 1982.
What is the lowest real interest rate recorded in China?
The lowest recorded value was -8.0% in 1994.
How does China rank for real interest rate?
China ranks 67th out of 148 countries with data for 2024.
Is real interest rate rising or falling in China?
Over the last ten years it is up 15.6%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.

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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.