Liberia: Real interest rate

The latest value from 2017 is 16.29 percent, an increase from 6.19 percent in 2016. In comparison, the world average is 4.27 percent, based on data from 123 countries. Historically, the average for Liberia from 1981 to 2017 is 10.62 percent. The minimum value, -21.64 percent, was reached in 2000 while the maximum of 30.43 percent was recorded in 1998. 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.