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Vanuatu: Real interest rate (%)

In , Vanuatu's Real interest rate (%) was 9.41.

That's up 412.3% from 2023, the highest value on record.

The global average for this indicator in 2024 was 4.28 . Vanuatu ranks #17 globally out of 85 reporting countries. Within East Asia & Pacific, it ranks #2 of 14.

Source: World Bank Open Data (FR.INR.RINR) • Data as of 2024

Trend (2013–2024)

Vanuatu Real interest rate (%) trend 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
9.41
Trough
-2.18
1-year change
+412.3%
5-year change
+43.6%
+7.5% / yr
10-year change
+16.1%
+1.5% / yr

Historical Data — Last 10 Years

Year Real interest rate (%)
9.4051
1.8357
-2.1766
8.5736
6.7865
6.5506
6.7571
5.5751
8.1104
3.9275

About Real interest rate (%)

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.

Indicator code: FR.INR.RINRCategory: Trade & Finance

Frequently asked questions

What was Vanuatu's Real interest rate (%) in 2024?
In 2024, Vanuatu's Real interest rate (%) was 9.41, according to World Bank Open Data.
Is Vanuatu's Real interest rate (%) rising or falling?
Vanuatu's Real interest rate (%) rose 412.3% from 2023 to 2024.
How does Vanuatu rank globally on Real interest rate (%)?
In 2024, Vanuatu ranked #17 out of 85 countries reporting Real interest rate (%).
How does Vanuatu's Real interest rate (%) compare to the world average?
The global average for Real interest rate (%) in 2024 was 4.28, so Vanuatu is above the world average. Within East Asia & Pacific, it ranks #2 of 14.
What is Real interest rate (%) and how is it measured?
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.
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Source: World Bank Open Data (FR.INR.RINR), CC BY 4.0.