Australia - Real Interest Rate 1998
5.48%
−0.34pp from 1997
Australia's real interest rate was 5.48% in 1998, decreased +0.34pp from 5.82% in 1997. This was the 28th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Lao PDR | -29.93% | -356.4% |
| 2nd | Belarus | -28.08% | -21.0% |
| 3rd | Indonesia | -24.60% | -399.5% |
| 4th | Bulgaria | -14.83% | 78.5% |
| 5th | Myanmar | -11.42% | -13.3% |
| 6th | Serbia | -6.76% | -793.0% |
| 7th | Sierra Leone | 0.05% | -99.8% |
| 8th | Barbados | 0.96% | -89.1% |
| 9th | Haiti | 1.40% | 2.4% |
| 10th | Fiji | 2.04% | -72.8% |
| 11th | Japan | 2.35% | 21.4% |
| 12th | Solomon Islands | 2.56% | -55.1% |
| 13th | Czechia | 2.70% | -39.6% |
| 14th | Papua New Guinea | 2.76% | 47.9% |
| 15th | Nicaragua | 3.22% | -52.4% |
| 16th | Botswana | 3.35% | -60.7% |
| 17th | Malaysia | 3.35% | -51.5% |
| 18th | Seychelles | 3.52% | -74.6% |
| 19th | Burundi | 3.54% | 587.3% |
| 20th | Bahamas, The | 3.59% | 109.4% |
| 21st | Angola | 4.05% | 113.7% |
| 22nd | Aruba | 4.17% | -33.9% |
| 23rd | Bhutan | 4.79% | 74.9% |
| 24th | Hungary | 4.85% | 287.3% |
| 25th | Romania | 4.85% | 118.2% |
| 26th | Viet Nam | 5.11% | -30.3% |
| 27th | India | 5.12% | -25.9% |
| 28th | Australia | 5.48% | -5.9% |
| 29th | Sweden | 5.54% | 1.1% |
| 30th | Philippines | 5.77% | -38.8% |
| 31st | United Kingdom | 5.83% | -10.7% |
| 32nd | Thailand | 5.88% | -33.5% |
| 33rd | Mauritania | 5.95% | -32.8% |
| 34th | Italy | 6.13% | -21.1% |
| 35th | Jordan | 6.23% | -43.1% |
| 36th | Guatemala | 6.45% | -32.7% |
| 37th | Malta | 6.62% | -7.5% |
| 38th | Canada | 6.79% | 80.1% |
| 39th | Croatia | 7.00% | -12.8% |
| 40th | United States | 7.15% | 8.3% |
| 41st | China | 7.28% | 5.9% |
| 42nd | Tanzania | 7.59% | 61.1% |
| 43rd | Iceland | 7.74% | -21.3% |
| 44th | Bangladesh | 7.83% | -11.6% |
| 45th | St. Vincent and the Grenadines | 7.84% | -19.9% |
| 46th | New Zealand | 7.86% | - |
| 47th | St. Kitts and Nevis | 8.39% | 40.8% |
| 48th | Suriname | 8.42% | -73.0% |
| 49th | Dominica | 8.52% | -11.2% |
| 50th | Hong Kong SAR, China | 8.57% | 189.1% |
| 51st | St. Lucia | 8.76% | -8.1% |
| 52nd | Singapore | 8.89% | 71.6% |
| 53rd | Mexico | 9.20% | 145.7% |
| 54th | Lesotho | 9.22% | 11.6% |
| 55th | Antigua and Barbuda | 9.27% | 0.5% |
| 56th | Costa Rica | 9.41% | 38.4% |
| 57th | Grenada | 9.82% | 5.8% |
| 58th | Panama | 10.00% | 7.5% |
| 59th | Korea | 10.32% | 33.7% |
| 60th | Egypt, Arab Republic of | 10.39% | 191.6% |
| 61st | Uganda | 11.10% | -37.4% |
| 62nd | Eswatini | 11.26% | 53.7% |
| 63rd | Nigeria | 11.48% | -5.3% |
| 64th | Namibia | 11.50% | -5.7% |
| 65th | Micronesia, Federated States of | 11.64% | -18.4% |
| 66th | Mauritius | 12.11% | -7.7% |
| 67th | Maldives | 12.27% | 85.4% |
| 68th | South Africa | 12.69% | 15.7% |
| 69th | Zambia | 12.74% | -25.0% |
| 70th | Macao SAR, China | 13.18% | 66.2% |
| 71st | Rwanda | 13.19% | 1,295.1% |
| 72nd | Guyana | 13.40% | -12.9% |
| 73rd | Belize | 13.72% | -24.1% |
| 74th | Algeria | 15.10% | 85.6% |
| 75th | Malawi | 15.16% | 147.0% |
| 76th | Guinea | 15.72% | -16.4% |
| 77th | Paraguay | 16.32% | -41.2% |
| 78th | Mozambique | 17.14% | -2.4% |
| 79th | Dominican Republic | 17.96% | 69.9% |
| 80th | Gambia, The | 18.94% | -43.4% |
| 81st | Jamaica | 19.00% | -10.4% |
| 82nd | Chile | 19.24% | 61.1% |
| 83rd | Moldova | 19.52% | 5.4% |
| 84th | Trinidad and Tobago | 19.55% | -0.1% |
| 85th | Madagascar | 19.57% | -20.8% |
| 86th | Russian Federation | 19.62% | 32.9% |
| 87th | Bahrain | 20.28% | 81.7% |
| 88th | Azerbaijan | 21.02% | - |
| 89th | Kenya | 21.10% | 25.0% |
| 90th | Oman | 23.30% | 99.6% |
| 91st | Colombia | 23.38% | 61.9% |
| 92nd | Brunei Darussalam | 23.82% | - |
| 93rd | Peru | 25.87% | 17.4% |
| 94th | Honduras | 27.96% | 9.9% |
| 95th | Yemen, Republic of | 28.88% | 254.6% |
| 96th | Bolivia, Plurinational State of | 30.23% | -27.9% |
| 97th | Liberia | 30.43% | 2.1% |
| 98th | Kuwait | 31.49% | 122.1% |
| 99th | Armenia | 34.13% | 10.1% |
| 100th | Ukraine | 37.93% | 44.3% |
| 101st | Uruguay | 38.94% | 18.6% |
| 102nd | Kyrgyz Republic | 43.87% | 19.2% |
| 103rd | Mongolia | 50.98% | - |
| 104th | Brazil | 77.62% | 18.7% |
FAQ
What was Australia's real interest rate in 1998?▾
Australia's real interest rate in 1998 was 5.48%. This ranked 28th globally.
How did Australia's real interest rate change in 1998?▾
Australia's real interest rate decreased by 5.9% in 1998 compared to 1997.
Which country had the highest real interest rate in 1998?▾
Brazil had the highest real interest rate in 1998 at 77.62%.
What is the real interest rate of Australia in 1998?▾
The real interest rate of Australia in 1998 was 5.48%. This ranked 28th globally.
How does 1998 compare to 1997 for Australia's real interest rate?▾
Australia's real interest rate went from 5.82% in 1997 to 5.48% in 1998, a 5.9% decrease.
Related
1997
1999
All years
Full ranking 1998
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1991
Lowest: 1974
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs San Marino
vs Sweden
vs Austria
vs Qatar
G20 Real Interest Rate
OECD Real Interest Rate
Global Ranking