Iraq Real Interest Rate
Real interest rate FR.INR.RINR
Iraq's real interest rate was 26.40% in 2016, ranked 131st globally. This represents a 54.2% decrease from 2015. Data from World Bank, covering 2002–2016.
Overview
Iraq's real interest rate stood at 26.40% in 2016, a decline of +31.23pp from 2015. Iraq ranked 131st globally.
Iraq's real interest rate has exhibited significant fluctuations over the past 15 years, with the all-time peak of 57.63% in 2015 and the all-time trough of -16.52% in 2005. The latest available data from the World Bank indicates a real interest rate of 26.40% in 2016, ranking #131 globally. Notably, this value is higher than that of Tajikistan, which ranked #24 with a real interest rate of 24.27%. Iraq's real interest rate has been volatile, influenced by factors such as high inflation rates and economic instability. During the 2000s, the real interest rate experienced a sharp decline, likely due to the country's recovery from the Iraq War and subsequent economic rebuilding efforts. However, in recent years, the real interest rate has shown a slight increase, which could be attributed to the country's efforts to stabilize its economy and manage inflation. A decline in global oil prices could potentially alter this trajectory, impacting the real interest rate in the coming years.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2016 | 26.40% | −31.23pp | #131 |
| 2015 | 57.63% | +39.34pp | #134 |
| 2014 | 18.29% | +4.70pp | #130 |
| 2013 | 13.59% | +2.68pp | #124 |
| 2012 | 10.91% | +19.37pp | #114 |
| 2011 | -8.47% | −6.55pp | #8 |
| 2010 | -1.92% | −46.25pp | #21 |
| 2009 | 44.33% | +52.75pp | #132 |
| 2008 | -8.42% | −12.22pp | #11 |
| 2007 | 3.80% | +10.85pp | #66 |
| 2006 | -7.05% | +9.46pp | #7 |
| 2005 | -16.52% | −13.07pp | #3 |
| 2004 | -3.45% | −4.45pp | #13 |
| 2003 | 1.00% | −5.31pp | #20 |
| 2002 | 6.32% | – | #45 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's real interest rate was 26.40% in 2016. Ranked 131st globally. This represents a 54.2% decrease from the previous year.
Iraq's real interest rate peaked at 57.63% in 2015.
The lowest real interest rate in Iraq was -16.52% in 2005.
Iraq ranks 131st globally in real interest rate as of 2016.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Iraq in 2016 was 26.40%. This ranks 131st in the world.
Cite this page
@misc{historysaid_iraq_real-interest-rate,
title = {Iraq Real Interest Rate},
url = {https://historysaid.com/iraq/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}