Kenya - Real Interest Rate 2020
6.71%
−1.12pp from 2019
Kenya's real interest rate was 6.71% in 2020, decreased +1.12pp from 7.83% in 2019. This was the 58th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -80.61% | -5.2% |
| 2nd | Suriname | -20.95% | -325.2% |
| 3rd | Argentina | -7.64% | -163.1% |
| 4th | Hungary | -4.20% | -48.6% |
| 5th | Zambia | -3.89% | -257.6% |
| 6th | Haiti | -3.41% | 28.0% |
| 7th | Burundi | -3.15% | -122.2% |
| 8th | Belarus | -2.54% | -718.6% |
| 9th | Czechia | -1.12% | -649.8% |
| 10th | Bulgaria | -0.01% | 98.2% |
| 11th | Burkina Faso | 0.07% | -98.9% |
| 12th | Uruguay | 0.46% | -85.0% |
| 13th | Italy | 0.74% | -52.0% |
| 14th | Pakistan | 0.74% | -74.8% |
| 15th | Korea | 1.20% | -70.8% |
| 16th | Botswana | 1.31% | -77.6% |
| 17th | Iceland | 1.36% | -32.6% |
| 18th | Mexico | 1.65% | -58.2% |
| 19th | Nigeria | 2.15% | 108.3% |
| 20th | South Africa | 2.20% | -58.3% |
| 21st | Israel | 2.23% | 40.4% |
| 22nd | Lesotho | 2.28% | -69.6% |
| 23rd | Romania | 2.29% | 1,156.4% |
| 24th | Moldova | 2.47% | -10.3% |
| 25th | Eswatini | 2.66% | -66.8% |
| 26th | United States | 2.85% | -23.5% |
| 27th | Bosnia and Herzegovina | 3.01% | 278.5% |
| 28th | Namibia | 3.09% | -65.1% |
| 29th | Angola | 3.10% | 750.3% |
| 30th | West Bank and Gaza | 3.22% | 60.8% |
| 31st | Switzerland | 3.36% | 22.6% |
| 32nd | San Marino | 3.38% | 11.0% |
| 33rd | Benin | 3.56% | -50.0% |
| 34th | Ukraine | 3.62% | -66.1% |
| 35th | North Macedonia | 3.77% | -19.9% |
| 36th | China | 3.80% | 26.9% |
| 37th | Sierra Leone | 4.12% | -43.8% |
| 38th | India | 4.14% | -40.0% |
| 39th | Bangladesh | 4.29% | -24.6% |
| 40th | Hong Kong SAR, China | 4.33% | 44.6% |
| 41st | Mauritius | 4.60% | -49.0% |
| 42nd | Nicaragua | 4.60% | -31.3% |
| 43rd | Georgia | 4.64% | -29.3% |
| 44th | Thailand | 4.65% | 53.1% |
| 45th | Malaysia | 4.80% | 0.0% |
| 46th | Egypt, Arab Republic of | 4.89% | 122.3% |
| 47th | Dominican Republic | 5.24% | -39.0% |
| 48th | Norway | 5.35% | 40.6% |
| 49th | Barbados | 5.45% | -0.7% |
| 50th | Macao SAR, China | 5.54% | 91.8% |
| 51st | Costa Rica | 5.82% | -3.4% |
| 52nd | Russian Federation | 5.83% | 9.6% |
| 53rd | Papua New Guinea | 5.97% | -20.5% |
| 54th | Seychelles | 6.06% | -51.4% |
| 55th | Albania | 6.08% | 16.4% |
| 56th | Viet Nam | 6.09% | 18.1% |
| 57th | Montenegro | 6.40% | 55.7% |
| 58th | Kenya | 6.71% | -14.3% |
| 59th | Bahamas, The | 6.73% | 3,666.7% |
| 60th | Vanuatu | 6.79% | 3.6% |
| 61st | Antigua and Barbuda | 6.85% | -12.7% |
| 62nd | Grenada | 7.15% | 74.2% |
| 63rd | Comoros | 7.29% | 26.7% |
| 64th | Samoa | 7.39% | 1.0% |
| 65th | Panama | 7.54% | 15.7% |
| 66th | Cabo Verde | 7.80% | -7.0% |
| 67th | Singapore | 7.83% | 37.4% |
| 68th | Tonga | 7.84% | 429.6% |
| 69th | Colombia | 8.25% | 10.4% |
| 70th | Jordan | 8.25% | 6.4% |
| 71st | Bhutan | 8.28% | -21.7% |
| 72nd | São Tomé and Principe | 8.75% | 24.8% |
| 73rd | St. Vincent and the Grenadines | 8.87% | 49.3% |
| 74th | Bolivia, Plurinational State of | 8.87% | 3.3% |
| 75th | Peru | 8.89% | -27.6% |
| 76th | Myanmar | 9.01% | -10.2% |
| 77th | Rwanda | 9.03% | -34.2% |
| 78th | Jamaica | 9.19% | -9.0% |
| 79th | Trinidad and Tobago | 9.29% | -22.1% |
| 80th | Belize | 9.37% | 2.3% |
| 81st | Guatemala | 9.38% | 5.9% |
| 82nd | Tanzania | 9.64% | -32.9% |
| 83rd | Armenia | 9.64% | -12.0% |
| 84th | Dominica | 9.75% | 8.3% |
| 85th | Indonesia | 9.99% | 15.7% |
| 86th | Aruba | 10.06% | 112.1% |
| 87th | Uzbekistan | 10.61% | 106.8% |
| 88th | Fiji | 10.75% | 69.1% |
| 89th | Paraguay | 11.09% | -8.0% |
| 90th | Kyrgyz Republic | 11.10% | 32.7% |
| 91st | Solomon Islands | 12.17% | 31.7% |
| 92nd | Mongolia | 12.75% | 99.6% |
| 93rd | Honduras | 13.16% | -2.7% |
| 94th | St. Lucia | 13.25% | 154.2% |
| 95th | Algeria | 13.34% | 89.1% |
| 96th | Congo, Democratic Republic of | 13.36% | -46.5% |
| 97th | Mozambique | 13.48% | -1.2% |
| 98th | St. Kitts and Nevis | 14.28% | 66.9% |
| 99th | South Sudan | 14.55% | 158.0% |
| 100th | Maldives | 15.49% | 22.8% |
| 101st | Malawi | 16.94% | 1.7% |
| 102nd | Oman | 18.21% | 119.4% |
| 103rd | Brunei Darussalam | 18.36% | 100.9% |
| 104th | Micronesia, Federated States of | 18.92% | 0.8% |
| 105th | Brazil | 21.20% | -33.6% |
| 106th | Qatar | 22.60% | 127.4% |
| 107th | Kuwait | 24.66% | 400.4% |
| 108th | Gambia, The | 25.26% | 23.4% |
| 109th | Azerbaijan | 26.67% | 52.0% |
| 110th | Timor-Leste | 41.29% | 325.8% |
| 111th | Madagascar | 42.71% | 7.1% |
| 112th | Guyana | 48.52% | 564.5% |
FAQ
What was Kenya's real interest rate in 2020?▾
Kenya's real interest rate in 2020 was 6.71%. This ranked 58th globally.
How did Kenya's real interest rate change in 2020?▾
Kenya's real interest rate decreased by 14.3% in 2020 compared to 2019.
Which country had the highest real interest rate in 2020?▾
Guyana had the highest real interest rate in 2020 at 48.52%.
What is the real interest rate of Kenya in 2020?▾
The real interest rate of Kenya in 2020 was 6.71%. This ranked 58th globally.
How does 2020 compare to 2019 for Kenya's real interest rate?▾
Kenya's real interest rate went from 7.83% in 2019 to 6.71% in 2020, a 14.3% decrease.
Related
2019
2021
All years
Full ranking 2020
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1998
Lowest: 2009
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs Papua New Guinea
vs Mauritania
vs West Bank and Gaza
vs Kiribati
African Union Real Interest Rate
Global Ranking