Laos: Real interest rate

The latest value from 2010 is 12.29 percent, a decline from 28.54 percent in 2009. In comparison, the world average is 4.26 percent, based on data from 134 countries. Historically, the average for Laos from 1991 to 2010 is 9.81 percent. The minimum value, -42.1 percent, was reached in 1999 while the maximum of 28.54 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.