Singapore—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #105 of 112Updated April 2026
Latest Value
-5.1%
2021
YoY Change
-165.4%
2020 → 2021
Global Rank
#105
of 112 countries
Maximum
7.8%
2020
Minimum
-5.1%
2021
Last
-5.1%
Previous
7.8%
Highest
7.8%
Lowest
-5.1%
Source
World Bank World Development Indicators
Singapore's real interest rate (%) was -5.1% in 2021, ranking #105 out of 112 countries. This represents a -165.4% change from 2020. Over the past 22 years, the highest recorded value was 7.8% (2020) and the lowest was -5.1% (2021). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | -5.1% | -165.4% |
| 2020 | 7.8% | +37.4% |
| 2019 | 5.7% | +242.8% |
| 2018 | 1.7% | -29.2% |
| 2017 | 2.3% | -51.1% |
| 2016 | 4.8% | +117.3% |
| 2015 | 2.2% | -60.8% |
| 2014 | 5.6% | -3.5% |
| 2013 | 5.8% | +20.1% |
| 2012 | 4.9% | +16.8% |
| 2011 | 4.2% | -1.5% |
| 2010 | 4.2% | +79.3% |
| 2009 | 2.4% | -65.6% |
| 2008 | 6.9% | +1337.5% |
| 2007 | -0.6% | -116.3% |
| 2006 | 3.4% | +2.1% |
| 2005 | 3.3% | +158.7% |
| 2004 | 1.3% | -82.2% |
| 2003 | 7.2% | +14.9% |
| 2002 | 6.3% | -17.1% |
| 2001 | 7.6% | +300.8% |
| 2000 | 1.9% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |