Economy · Africa ranking
Real Interest Rate by African country
Madagascar has the highest reported real interest rate among the 25 countries shown, at 47.6% (2025).
Lending interest rate adjusted for inflation as measured by the GDP deflator. 25 of 54 countries are shown. Open a country to see its source details and available history.
Latest available year varies by country (2024–2025). Only observations within 2 years of the freshest result are included, and each row shows its period.
Madagascar
Mozambique
Sierra LeoneBy region
Full ranking
| # | Country | Real Interest Rate | |
|---|---|---|---|
| 1 | Madagascar | 47.6% | |
| 2 | Mozambique | 18.7% | |
| 3 | Sierra Leone | 18.3% | |
| 4 | Democratic Republic of the Congo | 15.1% | |
| 5 | Gambia | 13.1% | |
| 6 | Kenya | 13% | |
| 7 | Malawi | 10% | |
| 8 | Eswatini | 9.5% | |
| 9 | Liberia | 8.1% | |
| 10 | South Africa | 7.7% | |
| 11 | Rwanda | 7.3% | |
| 12 | Algeria | 7.2% | |
| 13 | Seychelles | 7.1% | |
| 14 | Namibia | 6.4% | |
| 15 | Cabo Verde | 5.9% | |
| 16 | Sao Tome and Principe | 5.2% | |
| 17 | Lesotho | 4.9% | |
| 18 | Mauritius | 4.9% | |
| 19 | Botswana | 4.2% | |
| 20 | Nigeria | 4% | |
| 21 | Angola | -0.9% | |
| 22 | Burundi | -4.9% | |
| 23 | Egypt | -7% | |
| 24 | Zimbabwe | -20.1% | |
| 25 | South Sudan | -55% |
Democratic Republic of the Congo
Gambia
Kenya
Malawi
Eswatini
Liberia
South Africa
Rwanda
Algeria
Seychelles
Namibia
Cabo Verde
Sao Tome and Principe
Lesotho
Mauritius
Botswana
Nigeria
Angola
Burundi
Egypt
Zimbabwe
South SudanGet this ranking via API
Request the latest available Real Interest Rate values for the selected countries as JSON. The response includes source metadata; check reporting periods before comparing values.
curl "https://api.africa-api.com/v1/data?metric_key=real_interest_rate_pct&latest=true&country_codes=NG,KE,ZA,EG" \
-H "Authorization: Bearer $AFRICA_API_KEY"Cite or republish this ranking
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About this ranking
Which observations are included?
The table includes 25 of 54 countries with available observations for 2023 or later and within 2 years of the freshest result. Each row shows its reporting period. Countries without an eligible observation are omitted.
Does a higher value mean a better result?
The table is sorted by value, from highest to lowest. The order does not rate a country's performance. Interpretation depends on the indicator and its definition.
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