Congo, Democratic Republic of Real Interest Rate
Real interest rate FR.INR.RINR
Congo, Democratic Republic of's real interest rate was -3.53% in 2021, ranked 23rd globally. This represents a 126.4% decrease from 2020. Data from World Bank, covering 2006–2021.
Overview
Congo, Democratic Republic of's real interest rate stood at -3.53% in 2021, a decline of +16.89pp from 2020. Congo, Democratic Republic of ranked 23rd globally.
The Democratic Republic of Congo’s real interest rate swung dramatically over the 16‑year span from 2006 to 2021, falling from a high of 26.85 % in the earliest year to a record peak of 40.31 % in 2009, before sliding to an all‑time trough of –10.80 % in 2017. By 2021 the rate stood at –3.53 %, ranking 23rd globally and closely matching Papua New Guinea’s –3.54 % and Uruguay’s –3.26 % among peers. The sharp rise to the 2009 peak reflected a period of tight monetary conditions and elevated inflation expectations, while the subsequent plunge to negative territory coincided with a combination of lower inflation, fiscal pressures and efforts to stimulate investment. The recent negative real rate suggests a policy stance aimed at encouraging borrowing despite modest growth prospects. Continued improvement in fiscal stability and inflation control could shift the trajectory upward, while persistent macro‑economic vulnerabilities may keep real rates near the lower end of the spectrum.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | -3.53% | −16.89pp | #23 |
| 2020 | 13.36% | −11.63pp | #96 |
| 2019 | 24.99% | +28.91pp | #115 |
| 2018 | -3.92% | +6.88pp | #6 |
| 2017 | -10.80% | −24.82pp | #5 |
| 2016 | 14.02% | −7.07pp | #118 |
| 2015 | 21.09% | +5.94pp | #124 |
| 2014 | 15.16% | +2.51pp | #125 |
| 2013 | 12.64% | −10.00pp | #122 |
| 2012 | 22.64% | −16.86pp | #134 |
| 2011 | 39.51% | +23.31pp | #134 |
| 2010 | 16.20% | −24.11pp | #129 |
| 2009 | 40.31% | +25.44pp | #128 |
| 2008 | 14.87% | −6.96pp | #128 |
| 2007 | 21.83% | −5.02pp | #127 |
Detected Pattern
Analysis
Congo, Democratic Republic of matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Congo, Democratic Republic of's real interest rate was -3.53% in 2021. Ranked 23rd globally. This represents a 126.4% decrease from the previous year.
Congo, Democratic Republic of's real interest rate peaked at 40.31% in 2009.
The lowest real interest rate in Congo, Democratic Republic of was -10.80% in 2017.
Congo, Democratic Republic of ranks 23rd globally in real interest rate as of 2021.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Congo, Democratic Republic of in 2021 was -3.53%. This ranks 23rd in the world.
Cite this page
@misc{historysaid_congo-democratic-republic-of_real-interest-rate,
title = {Congo, Democratic Republic of Real Interest Rate},
url = {https://historysaid.com/congo-democratic-republic-of/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}