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South Africa

Real Interest Rate

2.31
bank lending rate minus inflation
Source: IMF

Global Ranking

97
Romania2.63
98
Moldova2.59
99
Iceland2.47
100
Israel2.4
101
Malta2.37
102
South Africa2.31
103
Namibia1.94
104
Sweden1.89
105
Chile1.78
106
Australia1.63
107
South Korea1.47

Africa Ranking

24
Egypt4.84
25
Niger4.75
26
Senegal4.51
27
Benin3.56
28
Mali3.14
29
South Africa2.31
30
Namibia1.94
31
Burundi0.27
32
Botswana0.09
33
Burkina Faso-0.28
34
Guinea-Bissau-0.75

Definition of Real Interest Rate

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.

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