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

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Year-end values.

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Source: IMF
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IMF
https://www.imf.org

Overview

Ключевая процентная ставка | Гайана
The Real interest year-end rate of Guyana in 2024 was 5.00%. The end-2023 rate was also 5.00%. . The lowest real interest rate in Guyana was recorded in 2024, with a value of  5.00%. The highest rate was in 1989, when it achieved 35.00%. 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.
Additional infomation: About indicator
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.