Real interest rate | Australia – yearly data, chart and table

The Real interest year-end rate of Australia in 2024 was 4.35%. The end-2023 rate was also 4.35%. . The lowest real interest rate in Australia was recorded in 2021, with a value of  0.10%. The highest rate was in 1985, when it achieved 19.00%. Real Interest Rate ≈ Nominal Interest Rate - Inflation Rate. If the nominal interest rate on a loan is 9%, and inflation is 6%, the real interest rate is 3%. This means the lender effectively gains 3% in purchasing power, while the borrower pays 3% in real terms.