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Mexico Real Interest Rate

Real interest rate  FR.INR.RINR

Mexico's real interest rate was 7.72% in 2025, ranked 21st globally. This represents a 28.2% increase from 2024. Data from World Bank, covering 1993–2025.

7.72% +1.70pp (+28.2%)
Year 2025 Rank #21 Global Peak 14.86% (1995) Source World Bank

Mexico Real Interest Rate (1993–2025)

Overview

Mexico's real interest rate stood at 7.72% in 2025, a rise of +1.70pp from 2024. Based on recent trends, this figure is projected to reach 7.72% by 2025. Mexico ranked 21st globally.

Mexico’s real interest rate in 2025 stood at 7.72 %, placing the country 21st in the world and slightly below peers such as Brunei Darussalam (7.90 %) and Eswatini (7.92 %). The indicator has been recorded for 33 years, swinging from an all‑time trough of –17.25 % in 1993, a period marked by severe financial distress, to a peak of 14.86 % in 1995 as policy tightened after the peso crisis. Since the mid‑1990s the rate has settled into a narrower band, reflecting more stable inflation expectations and a gradual deepening of Mexico’s financial markets. The current level remains elevated relative to the global average, suggesting that monetary policy is still oriented toward containing price pressures while supporting fiscal consolidation. Future movements will likely hinge on the trajectory of domestic inflation and external financing conditions, with lower inflation potentially allowing a gradual easing of real rates.

Data & projection

Year Real Interest Rate YoY change Rank
2027* trend 10.72% - -
2026* trend 9.22% - -
2025* trend 7.72% - -
2025 7.72% +1.70pp #21
2024 6.02% −0.61pp #41
2023 6.63% +5.21pp #61
2022 1.42% +1.03pp #56
2021 0.39% −1.26pp #41
2020 1.65% −2.29pp #18
2019 3.94% +1.24pp #32
2018 2.70% +1.98pp #39
2017 0.72% +1.97pp #26
2016 -1.25% −1.45pp #8
2015 0.21% +0.99pp #8
2014 -0.78% −3.31pp #6
2013 2.52% +2.39pp #26
2012 0.13% +0.85pp #18
2011 -0.72% −1.59pp #30
Show all years (1993-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 16.6% Rate 23.7% Gap +7.2pp Reserves YoY -0.1%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Mexico matched the Orthodox Tightening Cycle pattern in 1999. 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

What is Mexico's real interest rate?▾

Mexico's real interest rate was 7.72% in 2025. Ranked 21st globally. This represents a 28.2% increase from the previous year.

What was the highest real interest rate in Mexico?▾

Mexico's real interest rate peaked at 14.86% in 1995.

What was the lowest real interest rate in Mexico?▾

The lowest real interest rate in Mexico was -17.25% in 1993.

How does Mexico rank in real interest rate?▾

Mexico ranks 21st globally in real interest rate as of 2025.

What is the World Bank indicator code for real interest rate?▾

The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.

What is the projected real interest rate of Mexico in 2025?▾

Mexico's real interest rate is projected to reach 7.72% by 2025 based on trend extrapolation.

What is the real interest rate of Mexico in 2025?▾

The real interest rate of Mexico in 2025 was 7.72%. This ranks 21st in the world.

Cite this page

APA
Mexico Real Interest Rate. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/mexico/real-interest-rate/
BibTeX
@misc{historysaid_mexico_real-interest-rate, title = {Mexico Real Interest Rate}, url = {https://historysaid.com/mexico/real-interest-rate/}, publisher = {HistorySaid}, year = {2026} }
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