Australia - Real Interest Rate 1978
1.05%
+2.44pp from 1977
Australia's real interest rate was 1.05% in 1978, increased +2.44pp from -1.38% in 1977. This was the 12th highest globally.
Global Ranking - 1978▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Bangladesh | -12.27% | -188.5% |
| 2nd | Sierra Leone | -10.38% | -42.0% |
| 3rd | Jamaica | -10.18% | -937.1% |
| 4th | Nigeria | -6.29% | -47.7% |
| 5th | Somalia, Fed. Rep. | -4.73% | -54.8% |
| 6th | Zambia | -3.93% | - |
| 7th | United Kingdom | -2.87% | 33.3% |
| 8th | Malaysia | -0.46% | -118.7% |
| 9th | Burundi | -0.45% | - |
| 10th | Eswatini | -0.07% | -249.8% |
| 11th | Egypt, Arab Republic of | 0.57% | 118.1% |
| 12th | Australia | 1.05% | 175.9% |
| 13th | Thailand | 1.17% | -74.6% |
| 14th | South Africa | 1.45% | -28.7% |
| 15th | United States | 1.89% | 228.6% |
| 16th | Philippines | 2.42% | -27.9% |
| 17th | Canada | 2.68% | 60.3% |
| 18th | Singapore | 3.01% | - |
| 19th | Kenya | 6.71% | 213.7% |
| 20th | Bahamas, The | 7.09% | -7.2% |
| 21st | India | 10.77% | - |
| 22nd | Libya | 11.99% | 1,549.1% |
| 23rd | Uruguay | 17.11% | 306.3% |
FAQ
What was Australia's real interest rate in 1978?▾
Australia's real interest rate in 1978 was 1.05%. This ranked 12th globally.
How did Australia's real interest rate change in 1978?▾
Australia's real interest rate increased by 175.9% in 1978 compared to 1977.
Which country had the highest real interest rate in 1978?▾
Uruguay had the highest real interest rate in 1978 at 17.11%.
What is the real interest rate of Australia in 1978?▾
The real interest rate of Australia in 1978 was 1.05%. This ranked 12th globally.
How does 1978 compare to 1977 for Australia's real interest rate?▾
Australia's real interest rate went from -1.38% in 1977 to 1.05% in 1978, a 175.9% increase.
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