Help us improve this section of the site. Can we get your feedback? Click here

DataBank

DataBank Home Databases Create Report Saved Reports Saved Datasets Metadata Glossary

What's New


Country Policy and Institutional Assessment was updated on July 12, 2025
Quarterly Public Sector Debt was updated on July 10, 2025
Population estimates and projections was updated on July 2, 2025
World Development Indicators was updated on July 1, 2025

Metadata Glossary

Code	FR.INR.RINR
Indicator Name	Real interest rate (%)
Long definition	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.
Source	International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB)
Topic	Financial Sector: Interest rates
Dataset	WDI
Unit of measure	%
Periodicity	Annual
Statistical concept and methodology	Methodology: Monetary and Financial statistics are compiled in accordance with international standards: Monetary and Financial Statistics Manual, 2018 or 2004 versions. Specific information on how countries compile their Monetary and Finance statistics can be found on the IMF website: https://dsbb.imf.org/ Statistical concept(s): The conceptual framework comes from the Monetary and Financial Statistic Manual which outlines the analytical presentation of monetary statistics, which provide critical inputs for monetary policy formulation and monitoring. The statistics covered in this Manual also support the assessment of financial system stability.
Development relevance	Both banking and financial systems enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient. The size and mobility of international capital flows make it increasingly important to monitor the strength of financial systems. Robust financial systems can increase economic activity and welfare, but instability can disrupt financial activity and impose widespread costs on the economy.
License URL	https://creativecommons.org/licenses/by/4.0/
License Type	CC BY-4.0

^