Real interest rate in Micronesia (country)

Micronesia (country): Real interest rate was 10.6% in 2021. ▼ Falling

Latest (2021)
10.6%
Change on year
down 43.7%
World rank
23rd
of 148 countries
All-time high
22.3%
in 2015
All-time low
6.4%
in 2018
Years of data
27
1995–2021

Real interest rate in Micronesia (country), 1995–2021

51015201995200820211995: 13.3 %1996: 12.9 %1997: 14.3 %1998: 11.6 %1999: 16.1 %2000: 14.1 %2001: 14.1 %2002: 15.2 %2003: 15.4 %2004: 14.3 %2005: 14 %2006: 13.8 %2007: 10.8 %2008: 8.1 %2009: 10.1 %2010: 11.1 %2011: 12.5 %2012: 6.9 %2013: 15 %2014: 12 %2015: 22.3 %2016: 11.8 %2017: 7.3 %2018: 6.4 %2019: 18.6 %2020: 18.8 %2021: 10.6 %

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

Analysis

Micronesia (country) recorded 10.6% for real interest rate in 2021.

Compared with earlier readings it is down 43.7% on the previous year and down 15.5% over ten years.

Over the whole period, real interest rate in Micronesia (country) peaked at 22.3% in 2015 and was at its lowest, 6.4%, in 2018.

That places Micronesia (country) 23rd out of 148 countries with data for 2021, putting it in the top quarter.

The long-run direction has been consistently falling across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.6% 11.6% 16.1% 5
2000s 13.0% 8.1% 15.4% 10
2010s 12.4% 6.4% 22.3% 10
2020s 14.7% 10.6% 18.8% 2

Countries ranked near Micronesia (country)

  1. 20 Guinea 10.9% compare
  2. 21 Brunei 10.7% compare
  3. 22 Georgia 10.7% compare
  4. 24 Dominican Republic 10.5% compare
  5. 25 Kuwait 10.5% compare
  6. 26 Malawi 10.0% compare

See the full ranking of 148 places →

More financial sector data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is real interest rate in Micronesia (country)?
Real interest rate in Micronesia (country) was 10.6% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in Micronesia (country)?
The highest recorded value was 22.3% in 2015.
What is the lowest real interest rate recorded in Micronesia (country)?
The lowest recorded value was 6.4% in 2018.
How does Micronesia (country) rank for real interest rate?
Micronesia (country) ranks 23rd out of 148 countries with data for 2021.
Is real interest rate rising or falling in Micronesia (country)?
Over the last ten years it is down 15.5%. The long-run trend across the full record is falling.
Where does this Micronesia (country) 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.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.