Singapore 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.

Singapore recorded -5,21 percent in 2021, the latest year available in this series.

Compared with 2020, the real interest rate decreased by 12,82.

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

Across 6 observations from 2016 to 2021, the average was 2,72; the minimum was -5,21 in 2021 and the maximum was 7,61 in 2020.

Singapore ranks 139 out of 148 countries with a current value in the portal ranking.

The latest value is below the available average for East Asia & Pacific.

It is also below the available average for the High income group.

Inflation-adjusted financing conditions.