Switzerland Real Interest Rate
Real interest rate FR.INR.RINR
Switzerland's real interest rate was 0.76% in 2025, ranked 64th globally. This represents a 54.5% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Switzerland's real interest rate stood at 0.76% in 2025, a decline of +0.91pp from 2024. Based on recent trends, this figure is projected to reach 0.76% by 2025. Switzerland ranked 64th globally.
Switzerland’s real interest rate has drifted markedly since the series began in 2008, falling from 1.87% that year to a modest 0.76% in 2025, which places the country 64th globally. The indicator reached its all‑time high of 4.00% in 2015, reflecting a period of tighter monetary conditions, before sliding to a trough of –0.38% in 2022 as deflationary pressures intensified. Over the 18‑year coverage, the rate has generally trended downward, mirroring the Swiss National Bank’s long‑standing policy of maintaining low real yields to support export competitiveness and price stability. By comparison, peer nations such as Moldova record a slightly higher real rate of 0.88%, while St. Vincent and the Grenadines sit at 0.33%, underscoring Switzerland’s relatively accommodative stance. Should inflation expectations rise or global interest‑rate cycles tighten, the trajectory could reverse, prompting a modest upward shift in the real rate in the coming years.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.21% | - | - |
| 2026* trend | 0.49% | - | - |
| 2025* trend | 0.76% | - | - |
| 2025 | 0.76% | −0.91pp | #64 |
| 2024 | 1.67% | −0.28pp | #17 |
| 2023 | 1.95% | +2.33pp | #35 |
| 2022 | -0.38% | −1.68pp | #43 |
| 2021 | 1.30% | −2.06pp | #51 |
| 2020 | 3.36% | +0.62pp | #31 |
| 2019 | 2.74% | +0.89pp | #21 |
| 2018 | 1.85% | −1.16pp | #29 |
| 2017 | 3.01% | −0.24pp | #51 |
| 2016 | 3.25% | −0.75pp | #34 |
| 2015 | 4.00% | +0.63pp | #43 |
| 2014 | 3.37% | +0.59pp | #30 |
| 2013 | 2.78% | +0.16pp | #28 |
| 2012 | 2.62% | −0.12pp | #37 |
| 2011 | 2.74% | +0.33pp | #60 |
Detected Pattern
Analysis
Switzerland matched the Export Boom Cycle pattern in 2016. 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
Switzerland's real interest rate was 0.76% in 2025. Ranked 64th globally. This represents a 54.5% decrease from the previous year.
Switzerland's real interest rate peaked at 4.00% in 2015.
The lowest real interest rate in Switzerland was -0.38% in 2022.
Switzerland ranks 64th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Switzerland's real interest rate is projected to reach 0.76% by 2025 based on trend extrapolation.
The real interest rate of Switzerland in 2025 was 0.76%. This ranks 64th in the world.
Cite this page
@misc{historysaid_switzerland_real-interest-rate,
title = {Switzerland Real Interest Rate},
url = {https://historysaid.com/switzerland/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}