India - Real Interest Rate 1988
7.64%
+1.08pp from 1987
India's real interest rate was 7.64% in 1988, increased +1.08pp from 6.56% in 1987. This was the 46th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Peru | -62.77% | -116.8% |
| 2nd | Uganda | -53.44% | -2.6% |
| 3rd | Sierra Leone | -22.09% | 57.2% |
| 4th | Somalia, Fed. Rep. | -18.46% | -210.7% |
| 5th | Botswana | -12.11% | -406.7% |
| 6th | Zambia | -11.97% | 52.5% |
| 7th | Eswatini | -8.85% | -183.2% |
| 8th | Guyana | -6.94% | 74.8% |
| 9th | Malawi | -6.74% | -383.6% |
| 10th | Guinea | -5.47% | 43.2% |
| 11th | Lesotho | -5.34% | -877.2% |
| 12th | Antigua and Barbuda | -2.97% | -346.9% |
| 13th | Nigeria | -2.96% | 37.9% |
| 14th | China | -2.77% | -203.2% |
| 15th | Macao SAR, China | -0.73% | 84.1% |
| 16th | South Africa | -0.08% | 96.3% |
| 17th | Bhutan | 0.03% | -99.8% |
| 18th | Hungary | 0.18% | - |
| 19th | Singapore | 0.51% | -90.9% |
| 20th | Chile | 0.67% | -88.3% |
| 21st | Albania | 1.00% | 0.0% |
| 22nd | Solomon Islands | 1.02% | -80.6% |
| 23rd | United Kingdom | 3.05% | -6.4% |
| 24th | Egypt, Arab Republic of | 3.16% | -8.1% |
| 25th | Kuwait | 3.65% | 238.3% |
| 26th | Mauritius | 3.67% | 242.7% |
| 27th | St. Kitts and Nevis | 3.71% | -25.3% |
| 28th | Liberia | 4.04% | 246.8% |
| 29th | Papua New Guinea | 4.41% | 19.9% |
| 30th | Qatar | 4.60% | 181.2% |
| 31st | Grenada | 5.21% | -33.6% |
| 32nd | Thailand | 5.35% | -17.9% |
| 33rd | Malaysia | 5.48% | 118.9% |
| 34th | United States | 5.59% | 0.0% |
| 35th | Philippines | 5.61% | 3.3% |
| 36th | Bahrain | 5.68% | -16.5% |
| 37th | Iceland | 5.80% | 4.4% |
| 38th | Canada | 6.02% | 33.4% |
| 39th | Mauritania | 6.28% | 351.0% |
| 40th | Australia | 6.44% | -14.3% |
| 41st | Dominica | 6.47% | 22.9% |
| 42nd | Barbados | 6.50% | 394.1% |
| 43rd | Bangladesh | 6.84% | 103.9% |
| 44th | Aruba | 6.92% | 6.8% |
| 45th | Bahamas, The | 7.41% | 227.0% |
| 46th | India | 7.64% | 16.4% |
| 47th | Oman | 7.93% | 569.3% |
| 48th | Kenya | 8.03% | -1.6% |
| 49th | Trinidad and Tobago | 8.09% | 27.6% |
| 50th | Burundi | 8.22% | -48.5% |
| 51st | Costa Rica | 8.29% | -33.3% |
| 52nd | Honduras | 9.41% | -6.8% |
| 53rd | Belize | 9.78% | 60.6% |
| 54th | St. Lucia | 10.50% | 88.3% |
| 55th | St. Vincent and the Grenadines | 10.56% | 354.3% |
| 56th | Colombia | 11.19% | -19.3% |
| 57th | Jamaica | 11.72% | -11.2% |
| 58th | Indonesia | 13.44% | 175.4% |
| 59th | Uruguay | 13.60% | 17.1% |
| 60th | Gambia, The | 18.08% | 127.5% |
| 61st | Bolivia, Plurinational State of | 18.95% | -37.7% |
| 62nd | Libya | 30.13% | 362.0% |
| 63rd | Nicaragua | 628.32% | - |
FAQ
What was India's real interest rate in 1988?▾
India's real interest rate in 1988 was 7.64%. This ranked 46th globally.
How did India's real interest rate change in 1988?▾
India's real interest rate increased by 16.4% in 1988 compared to 1987.
Which country had the highest real interest rate in 1988?▾
Nicaragua had the highest real interest rate in 1988 at 628.32%.
What is the real interest rate of India in 1988?▾
The real interest rate of India in 1988 was 7.64%. This ranked 46th globally.
How does 1988 compare to 1987 for India's real interest rate?▾
India's real interest rate went from 6.56% in 1987 to 7.64% in 1988, a 16.4% increase.
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