This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In April 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in April 2025. In contrast, Russia maintained a high inflation rate of 10.2 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Since 2010, long-term interest rates generally declined across each of the seven countries considered until 2021, but rose thereafter. In 2024, the long-term interest rate in the United States amounted to 4.21 percent. That year, the long-term interest rate in Germany stood at 2.32 percent.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Developing countries pay the highest interest payments on public debt as a share of their gross domestic product (GDP), with Zambia paying the highest rate at seven percent. Many developing countries rely on public debt to finance key investments, but a high debt burden means that funds need to be allocated to debt repayments.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Abstract

The Survey on Interest Rate Controls 2020 was conducted as a World Bank Group study on interest rate controls (IRCs) in lending and deposit markets around the world. The study aims to identify the different types of formal (or de jure) controls, the countries that apply then, how they implement them, and the reasons for doing so. The objective of the study is to advance knowledge on this topic by providing an evidence base for investigating the impact of IRCs on economic outcomes.

The survey investigates present IRCs in each surveyed country, the reasons why they have been applied, the framework and resources associated with their application and the details as to their level and functioning. The focus is on legal forms of control (i.e. codified into law) as opposed to de facto controls. The new database on interest rate controls, a popular form of financial repression is based on a survey of 108 countries, representing 88 percent of global gross domestic product. The interest rate controls presented in this dataset were in effect in 2019.

Geographic coverage

Global Survey, covering 108 countries, representing 88 percent of global GDP.

Analysis unit

Regulation at the national level.

Universe

Banking supervisors and Local Banking Associations.

Kind of data

Sample survey data [ssd]

Mode of data collection

Mail Questionnaire [mail]

Research instrument

Bank supervisors and banking associations were provided with a standard excel file with five parts. The survey was structured in five parts, each placed in a different excel sheet. Part A: Introduction. Countries with no IRCs in place were asked to only answer this sheet and leave the rest blank. Part B: Presented the definitions of controls, institutions, products and additional aspects that will be covered in the survey. Part C: Introduced a set of qualitative questions to describe the IRCs in place. Part D: Displayed a set of tables to quantitatively describe the IRCs in place. Part E: Laid out the final set of questions, covering sanctions and control mechanisms that support the IRCs' enforcement. The questionnaire is provided in the Documentation section in pdf and excel.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Euro Area (19 Countries) (IRSTCI01EZM156N) from Jan 1994 to Apr 2025 about interbank, overnight, Euro Area, Europe, interest rate, interest, and rate.

As of December 2024, India's policy interest stood at approximately *** percent, with forecasts indicating a cut to around *** percent by the end of 2025. In contrast, Japan was forecasted to see a policy interest rate hike from around *** percent in December 2024 to *** percent by the end of 2025.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Euro Area (19 Countries) (IR3TIB01EZQ156N) from Q1 1994 to Q1 2025 about interbank, Euro Area, 3-month, Europe, yield, interest rate, interest, and rate.

The average for 2021 based on 135 countries was 3.61 percent. The highest value was in Zimbabwe: 12.83 percent and the lowest value was in Iraq: 0.17 percent. The indicator is available from 2000 to 2021. Below is a chart for all countries where data are available.

With average lending interest rates of less than three percent in 2023, Switzerland was the country with the lowest cost of borrowing money among the ones selected here. The average lending interest rate in China was 4.35 percent, and in South Korea it was roughly 5.2 percent. The average interest rate in the United States was 3.25 in 2021, the latest available data, but the prime rate charged by banks in that country has increased since then.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for DEPOSIT INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Euro Area (19 Countries) from Jan 1994 to Apr 2025 about interbank, Euro Area, 3-month, Europe, yield, interest rate, interest, and rate.

This statistic presents the average consumer interest rates in selected countries in Latin America in 2018. The highest interest rate among the countries shown was found in Argentina, with an average consumer interest of 63.8 percent. Financial institutions in Costa Rica offered the lowest consumer interest rates, amounting to less than 16 percent.

In 2019, Interest Payments on Government Debt in Zambia jumped by 33.9points from a year earlier.

Real interest rates refer to the nominal interest rate adjusted for inflation, and are an important economic indicator that can have significant impacts on investment, savings, and overall economic growth. Real interest rates can affect the demand for goods and services, investment decisions, and borrowing costs, among other things.

The real interest rates per country dataset provides a comprehensive overview of the real interest rates of each country. The dataset includes information on the real interest rates, covering all countries in the world. It is compiled from various sources, including national central banks, international financial institutions such as the International Monetary Fund (IMF), and other relevant data sources.

The real interest rates per country dataset can be used by researchers, policymakers, and investors to gain insight into the economic conditions of different countries and to compare the relative levels of real interest rates across the world. It can also be used to monitor changes in real interest rates over time and to evaluate the effectiveness of monetary policies and strategies.

Overall, the real interest rates per country dataset is an important resource for understanding the economic conditions of different countries and for developing policies and strategies that promote sustainable economic growth and stability.

Interest is an important motivational element for learning in the school environment. However, little research has directly addressed how interest changes over time as knowledge accumulates. To gain a better understanding of how knowledge acquisition influences intra-individual change of interest, we developed a novel paradigm in which participants gain step-by-step information about lesser known countries. After reading each piece of information, participants rated their interest in the country. Growth-curve modelling showed that interest grows during knowledge acquisition until it eventually stalls and starts to decline. We also found that the opportunity to choose information boosted the growth in interest and delayed its decline. Further analysis revealed that people disengaged from a topic (i.e. stopped accessing information about a particular country) when their interest started to decrease.

From 2010 to 2017, Australia had the highest short-term interest rate among selected countries worldwide. Afterward, its rates became more aligned with those of Canada and the United States. The lowest short-term interest rates during this period were found in the Euro area and Japan, as well as in the United States until 2015, where rates remained below 1 percent. In 2021, all regions except Japan experienced a decrease in interest rates. However, in the following years, rates increased again to between 3 and 5 percent, with the exception of Japan, which maintained an interest rate close to zero.