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Iraq—Real Interest Rate (%)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Series years: 2002–2016
Latest Value
26.4%
2016
YoY Change
-54.2%
2015 → 2016
Maximum
57.6%
2015
Minimum
-16.5%
2005
CAGR
+10.8%
15 years
Last
26.4%
Previous
57.6%
Highest
57.6%
Lowest
-16.5%
Unit
%
Source
World Bank World Development Indicators

Iraq's real interest rate (%) was 26.4% in 2016. This represents a -54.2% change from 2015. Over the past 15 years, the highest recorded value was 57.6% (2015) and the lowest was -16.5% (2005). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201626.4%-54.2%
201557.6%+215.1%
201418.3%+34.6%
201313.6%+24.6%
201210.9%+228.8%
2011-8.5%-340.6%
2010-1.9%-104.3%
200944.3%+626.5%
2008-8.4%-321.8%
20073.8%+153.8%
2006-7.1%+57.3%
2005-16.5%-379.3%
2004-3.4%-442.9%
20031.0%-84.1%
20026.3%

Top Countries — Real Interest Rate (%)

#CountryValueYear
1Madagascar47.6%2025
2Brazil37.5%2025
3Mozambique18.7%2025
4Sierra Leone18.3%2025
5Guyana17.6%2025
6Timor-Leste15.8%2025
7Azerbaijan14.7%2025
8Gambia, The13.1%2025
9Kenya13.0%2024
10Kyrgyz Republic12.6%2024
View all 112 countries →

About This Indicator

Definition

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.

Methodology

Original contributors: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB)

Unit

%

Source: World Bank (World Development Indicators)View original source →