Real interest rate fell 9.96% to 4.36% in Zimbabwe in 2017, according to the National Statistical Office.
Historically, real interest rate in Zimbabwe reached an all time high of 1,158% in 2008 and an all time low of 0.338% in 2013. When compared to Zimbabwe's main peers, real interest rate in Botswana amounted to 3.61%, 13.3% in Mozambique, 4.58% in South Africa and 1.97% in Zambia in 2017.
Zimbabwe has been ranked 53rd within the group of 108 countries we follow in terms of real interest rate, 52 places below the position seen 10 years ago.
Real Interest Rate | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Angola | % | 12.6% | 12.4% | 21.1% | -4.92% | -5.55% | ||||||||||||||||
Botswana | % | 7.70% | -2.60% | 5.97% | -4.16% | 4.15% | ||||||||||||||||
Dem. Republic of the Congo | % | ... | ... | ... | ... | ... | ... | ... | 16.1% | 17.5% | 20.8% | 14.1% | -15.7% | |||||||||
Lesotho | % | 1.68% | -2.23% | 1.73% | 11.4% | 9.44% | ||||||||||||||||
Malawi | % | 14.7% | 19.4% | 19.8% | 20.6% | 22.1% | ... | |||||||||||||||
Mozambique | % | 12.0% | 13.4% | 6.77% | 6.60% | 18.8% | ||||||||||||||||
Namibia | % | 4.36% | 0.483% | 5.44% | 1.39% | 1.56% | ||||||||||||||||
South Africa | % | 2.21% | 3.39% | 4.04% | 3.03% | 4.85% | ||||||||||||||||
Swaziland | % | 1.85% | 1.39% | 3.29% | 2.83% | 8.07% | ||||||||||||||||
Tanzania | % | 5.65% | 9.66% | 7.91% | 7.90% | 14.7% | ||||||||||||||||
Zambia | % | -0.192% | 5.82% | 6.18% | 1.72% | 2.07% | ||||||||||||||||
Zimbabwe | % | ... | ... | ... | 0.338% | 9.74% | 7.89% | 4.85% | 4.36% |