Micronesia, Federated States of Real Interest Rate
Real interest rate FR.INR.RINR
Micronesia, Federated States of's real interest rate was 10.57% in 2021, ranked 99th globally. This represents a 44.2% decrease from 2020. Data from World Bank, covering 1995–2021.
Overview
Micronesia, Federated States of's real interest rate stood at 10.57% in 2021, a decline of +8.36pp from 2020. Micronesia, Federated States of ranked 99th globally.
Micronesia’s real interest rate has fallen markedly since the mid‑1990s, declining from 13.31% in 1995 to a 2021 level of 10.57%, which places the nation 99th in the World Bank’s global ranking. The indicator peaked at 22.32% in 2015 before reaching its lowest point of 5.96% in 2018, illustrating a pronounced swing over the 27‑year series. Compared with peers of similar rank, Micronesia’s rate is close to Sierra Leone’s 10.60% and St. Kitts and Nevis’s 10.71%, suggesting that its monetary environment is broadly aligned with other small, open economies that face comparable external financing constraints. The downward trajectory since the 2015 peak reflects tighter fiscal buffers and modest improvements in inflation expectations, yet the rate remains elevated relative to many regional counterparts. Continued stabilization of domestic price pressures and deeper integration into regional financial markets could further moderate the real interest rate, sustaining the recent downward trend.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 10.57% | −8.36pp | #99 |
| 2020 | 18.92% | +0.15pp | #104 |
| 2019 | 18.78% | +12.82pp | #112 |
| 2018 | 5.96% | −1.43pp | #66 |
| 2017 | 7.39% | −4.07pp | #91 |
| 2016 | 11.46% | −10.85pp | #106 |
| 2015 | 22.32% | +10.03pp | #125 |
| 2014 | 12.28% | −2.74pp | #117 |
| 2013 | 15.02% | +8.22pp | #130 |
| 2012 | 6.80% | −5.63pp | #84 |
| 2011 | 12.43% | +1.38pp | #126 |
| 2010 | 11.05% | +1.42pp | #114 |
| 2009 | 9.63% | +0.84pp | #80 |
| 2008 | 8.78% | −1.76pp | #113 |
| 2007 | 10.54% | −3.60pp | #113 |
Detected Pattern
Analysis
Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. 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
Micronesia, Federated States of's real interest rate was 10.57% in 2021. Ranked 99th globally. This represents a 44.2% decrease from the previous year.
Micronesia, Federated States of's real interest rate peaked at 22.32% in 2015.
The lowest real interest rate in Micronesia, Federated States of was 5.96% in 2018.
Micronesia, Federated States of ranks 99th 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 Micronesia, Federated States of in 2021 was 10.57%. This ranks 99th in the world.
Cite this page
@misc{historysaid_micronesia-federated-states-of_real-interest-rate,
title = {Micronesia, Federated States of Real Interest Rate},
url = {https://historysaid.com/micronesia-federated-states-of/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}