Singapore - Real interest rate
Real interest rate (%)
The value for Real interest rate (%) in Singapore was 8.42 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 9.73 in 1999 and a minimum value of -0.55 in 2007.
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:
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
-2.00
0.00
2.00
4.00
6.00
8.00
10.00
12.00
| Year | Value |
|---|---|
| 1978 | 3.01 |
| 1979 | 3.11 |
| 1980 | 0.53 |
| 1981 | 7.34 |
| 1982 | 5.45 |
| 1983 | 5.70 |
| 1984 | 8.86 |
| 1985 | 9.67 |
| 1986 | 8.18 |
| 1987 | 5.54 |
| 1988 | 0.51 |
| 1989 | 1.97 |
| 1990 | 2.55 |
| 1991 | 3.01 |
| 1992 | 4.50 |
| 1993 | 1.87 |
| 1994 | 2.34 |
| 1995 | 3.12 |
| 1996 | 4.68 |
| 1997 | 5.18 |
| 1998 | 8.88 |
| 1999 | 9.73 |
| 2000 | 1.90 |
| 2001 | 7.60 |
| 2002 | 6.29 |
| 2003 | 7.22 |
| 2004 | 1.18 |
| 2005 | 3.33 |
| 2006 | 3.40 |
| 2007 | -0.55 |
| 2008 | 6.86 |
| 2009 | 2.35 |
| 2010 | 4.23 |
| 2011 | 4.28 |
| 2012 | 4.89 |
| 2013 | 5.86 |
| 2014 | 5.63 |
| 2015 | 2.22 |
| 2016 | 4.67 |
| 2017 | 2.21 |
| 2018 | 1.92 |
| 2019 | 5.91 |
| 2020 | 8.42 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
