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

The Real interest year-end rate of Botswana in 2024 was 1.90%. The end-2023 rate was  2.40%. It has been falling in this country for already 3 years in a row. The lowest real interest rate in Botswana was recorded in 2024, with a value of  1.90%. The highest rate was in 2014, when it achieved 7.50%. 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.