Grenada - Real interest rate

Real interest rate (%)

The value for Real interest rate (%) in Grenada was 7.28 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 12.31 in 1990 and a minimum value of 1.56 in 2008.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.

See also:

Year Value
1982 7.84
1983 10.78
1984 5.36
1985 4.28
1986 8.78
1987 7.85
1988 5.21
1989 3.05
1990 12.31
1991 5.28
1992 7.70
1993 9.77
1994 7.59
1995 7.78
1996 7.13
1997 9.29
1998 9.82
1999 10.38
2000 8.49
2001 7.87
2002 10.90
2003 12.13
2004 7.99
2005 7.39
2006 4.99
2007 7.27
2008 1.56
2009 11.00
2010 10.05
2011 10.44
2012 5.58
2013 6.17
2014 8.35
2015 6.04
2016 5.84
2017 6.68
2018 8.53
2019 4.24
2020 7.28

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates