Iran, Islamic Rep.'s real interest rate (%) was 3.45% in 2016, the latest year in the World Bank's World Development Indicators. That is up 3.96 percentage points from -0.51% in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.45% | 2016 |
| Five years earlier | -16.8% | 2011 |
| Ten years earlier | -0.51% | 2006 |
| Highest | 13.99% | 2015 |
| Lowest | -18.85% | 2013 |
| Average since 2007 | -3.24% | 2007–2016 |
| First recorded | -6.46% | 2004 |
What the numbers say
In 2016, Iran, Islamic Rep.'s real interest rate (%) fell 10.54 percentage points on 2015 (from 13.99% to 3.45%).
Across the 11 yearly changes before that (2005 to 2015), the average change was +1.86 percentage points and a typical year strayed about 11.8 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 22.71 percentage points in 2014 and the biggest yearly fall was 13.45 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 there is no clear straight-line trend: a straight line explains 12% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Iran, Islamic Rep. in the 2016 ranking
- Senegal — 2nd of 7: 4.3%
- Togo — 3rd of 7: 3.78%
- Mali — 4th of 7: 3.64%
- Niger — 6th of 7: 2.58%
- Guinea-Bissau — 7th of 7: 2.51%
What this measures
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.
All 13 values
| Year | Real interest rate (%) |
|---|---|
| 2016 | 3.45 |
| 2015 | 13.99 |
| 2014 | 3.86 |
| 2013 | -18.85 |
| 2012 | -6.69 |
| 2011 | -16.8 |
| 2010 | -3.35 |
| 2009 | 7.08 |
| 2008 | -6.21 |
| 2007 | -8.9 |
| 2006 |
Real interest rate (%) in nearby economies
More financial sector data for Iran, Islamic Rep.
- Consumer price index (2010 = 100) — 4,030 (2025)
- Inflation, consumer prices (annual % growth) — 42.17% (2025)
- GDP deflator (base year varies by country) — 342.89 (2025)
- DEC alternative conversion factor (LCU per US$) — US$742,604 (2025)
- Inflation, GDP deflator (annual % growth) — 28.78% (2025)
- Official exchange rate (LCU per US$, period average) — US$42,000 (2023)
- Monetary sector credit to private sector (% of GDP) — 57.83% (2016)
- Domestic credit to private sector (% of GDP) — 57.83% (2016)
- Domestic credit to private sector by banks (% of GDP)
Reading data like this
Questions people ask
- What is Iran, Islamic Rep.'s real interest rate (%)?
- 3.45% in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is up 9.91 percentage points from -6.46% in 2004. The highest value was 13.99% in 2015 and the lowest -18.85% in 2013.
- Is the latest change in real interest rate (%) unusual for Iran, Islamic Rep.?
- In 2016, Iran, Islamic Rep.'s real interest rate (%) fell 10.54 percentage points on 2015 (from 13.99% to 3.45%). Across the 11 yearly changes before that (2005 to 2015), the average change was +1.86 percentage points and a typical year strayed about 11.8 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB).
Source
World Bank, World Development Indicators, indicator FR.INR.RINR, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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