Real interest rate | Lao Peoples Dem. Rep. – yearly data, chart and table

The Real interest year-end rate of Lao Peoples Dem. Rep. in 2024 was 10.50%. The end-2023 rate was  7.50%. It has been growing in this country for already 3 years in a row. The lowest real interest rate in Lao Peoples Dem. Rep. was recorded in 2021, with a value of  3.00%. The highest rate was in 2002, 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.