# Real interest rates — SMR
> Latest: -1.6% (2023). Change: -2.6 pp vs 2022.
- Unit: %
- Frequency: Annual · Coverage: 2001–2023
- Data updated: 2026-10-08
- Source: World Bank — FR.INR.RINR — https://data.worldbank.org/indicator/FR.INR.RINR
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/real-interest-rates/SMR
## Recent values
| Year | Value |
| :--- | :--- |
| 2019 | 3.04% |
| 2020 | 3.38% |
| 2021 | 1.66% |
| 2022 | 1.01% |
| 2023 | -1.6% |
## How to cite
APA: World Bank. (2023). Real interest rates — SMR [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/real-interest-rates/SMR. Original source: https://data.worldbank.org/indicator/FR.INR.RINR
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)