Real interest rate | Venezuela

The Real interest year-end rate of Venezuela in 2024 was 59.12%. The end-2023 rate was  56.69%. This is the first year of growth after a decline. The lowest real interest rate in Venezuela was recorded in 2019, with a value of  21.77%. The highest rate was in 2024, when it achieved 59.12%. 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.