Developing Countries: Financial Repression and Economic Performance
|Real interest rate2||–2.5||–1.2|
|Real GDP growth (a year)||5.1||6.1|
|Selected emerging market countries4|
|Real interest rate2||0.6||0.5|
|Real GDP growth (a year)||6.1||6.9|
|Least developed economies5|
|Real interest rate2||–4.1||–2.4|
|Real GDP growth (a year)||2.7||3.4|
The real interest rate is defined as the nominal interest rate on short-term bank deposits adjusted by actual inflation, in percent a year.
In percent of GDP.
Argentina, Chile, China, Colombia, Hong Kong, India, Indonesia, Korea, Malaysia, Mexico, Pakistan, Peru, the Philippines, Singapore, South Africa, Taiwan Province of China, Thailand, Turkey, and Venezuela.
See footnote 2 in Chart 26 for the list of countries included in this category.