Benin Real Interest Rate

Indicator note: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

Source organization: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB)

Metadata fetched: 2026-09-27 05:45:18. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Benin recorded 4,56 percent in 2021, the latest year available in this series.

Compared with 2020, the real interest rate increased by 1,00.

Across the latest five-year comparison window, the series shows an downward direction.

Across 6 observations from 2016 to 2021, the average was 5,53; the minimum was 3,56 in 2020 and the maximum was 7,33 in 2017.

Benin ranks 77 out of 148 countries with a current value in the portal ranking.

The latest value is above the available average for Sub-Saharan Africa.

It is also above the available average for the Lower middle income group.

Inflation-adjusted financing conditions.