{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"us-real-interest-rate","url":"https://apiardata.com/statistics/us-real-interest-rate","html_url":"https://apiardata.com/statistics/us-real-interest-rate/","title":"United States Real Interest Rate (2021)","description":"United States's Real Interest Rate: -1.3 % per annum (inflation-adjusted) in 2021, -3.5pp YoY. World Bank (FR.INR.RINR), 1972–2021.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","United States","2021"],"publisher":"World Bank","frequency":"Annual","geography":"United States","temporal_coverage":"1972/2021","unit":"% per annum (inflation-adjusted)","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2021","variable_measured":"United States Real Interest Rate","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/FR.INR.RINR?locations=US"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1972–2021"},{"label":"Observations","value":"50"},{"label":"Geography","value":"United States"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"United States (2021)","value":"-1.3","unit":"% per annum (inflation-adjusted)","trend":{"direction":"down","value":"-3.5pp YoY"}},{"label":"YoY Change","value":"-3.5pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"United States Real Interest Rate"}],"observation_count":50,"observations":[{"period":"1972","value":0.883965244207544},{"period":"1973","value":2.40969384125565},{"period":"1974","value":1.65106596288781},{"period":"1975","value":-1.28158053911586},{"period":"1976","value":1.26679039124113},{"period":"1977","value":0.575100995354617},{"period":"1978","value":1.88980821409344},{"period":"1979","value":4.03438928494524},{"period":"1980","value":5.71636285625137},{"period":"1981","value":8.59460069564613},{"period":"1982","value":8.17720822825411},{"period":"1983","value":6.61803545214528},{"period":"1984","value":8.14090660979685},{"period":"1985","value":6.56324384124787},{"period":"1986","value":6.19386957890602},{"period":"1987","value":5.58752028328748},{"period":"1988","value":5.59030223403275},{"period":"1989","value":6.69026467204754},{"period":"1990","value":6.03974984538442},{"period":"1991","value":4.91529597719921},{"period":"1992","value":3.88429488606973},{"period":"1993","value":3.54563216513095},{"period":"1994","value":4.89854133535632},{"period":"1995","value":6.59421797556983},{"period":"1996","value":6.32428599222658},{"period":"1997","value":6.60334741600117},{"period":"1998","value":7.14994527413057},{"period":"1999","value":6.48726734649742},{"period":"2000","value":6.81379246050012},{"period":"2001","value":4.56713893450361},{"period":"2002","value":3.07324724961218},{"period":"2003","value":2.10659448836249},{"period":"2004","value":1.60768046141462},{"period":"2005","value":2.96087521229479},{"period":"2006","value":4.72786366721857},{"period":"2007","value":5.19986376898933},{"period":"2008","value":3.10104221900586},{"period":"2009","value":2.61707765207786},{"period":"2010","value":2.01028262405699},{"period":"2011","value":1.16289864996398},{"period":"2012","value":1.3624637521625},{"period":"2013","value":1.52221338388325},{"period":"2014","value":1.48256139371882},{"period":"2015","value":2.31051463833344},{"period":"2016","value":2.53723230294962},{"period":"2017","value":2.26529637783859},{"period":"2018","value":2.55474987113849},{"period":"2019","value":3.57306216680747},{"period":"2020","value":2.17024683398691},{"period":"2021","value":-1.25567664234207}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% per annum (inflation-adjusted)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2021","value":"-1.3","yoyChange":"-3.5pp"},{"year":"2020","value":"2.2","yoyChange":"-1.4pp"},{"year":"2019","value":"3.6","yoyChange":"+1.0pp"},{"year":"2018","value":"2.6","yoyChange":"+0.3pp"},{"year":"2017","value":"2.3","yoyChange":"-0.2pp"},{"year":"2016","value":"2.5","yoyChange":"+0.2pp"},{"year":"2015","value":"2.3","yoyChange":"+0.8pp"},{"year":"2014","value":"1.5","yoyChange":"unchanged"},{"year":"2013","value":"1.5","yoyChange":"+0.1pp"},{"year":"2012","value":"1.4","yoyChange":"+0.2pp"},{"year":"2011","value":"1.2","yoyChange":"-0.8pp"},{"year":"2010","value":"2.0","yoyChange":"-0.6pp"},{"year":"2009","value":"2.6","yoyChange":"-0.5pp"},{"year":"2008","value":"3.1","yoyChange":"-2.1pp"},{"year":"2007","value":"5.2","yoyChange":"+0.5pp"},{"year":"2006","value":"4.7","yoyChange":"+1.7pp"},{"year":"2005","value":"3.0","yoyChange":"+1.4pp"},{"year":"2004","value":"1.6","yoyChange":"-0.5pp"},{"year":"2003","value":"2.1","yoyChange":"-1.0pp"},{"year":"2002","value":"3.1","yoyChange":"-1.5pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the real interest rate (lending rate adjusted for inflation using GDP deflator) in United States from 1990 to present. Real rates determine the true cost of capital for investment. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2021. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1972–2021 (50 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 8.6 % per annum (inflation-adjusted) in 1981 and reached its lowest recorded value of -1.3 in 1975. The latest reading of -1.3 in 2021 represents a change of -3.5pp."}]}