Global Real Interest Rate Charts Updated for October 2011 (with local currency gold prices)

[EDIT: For up-to-date real interest rate charts see here.]
 
Real interest rates in the West remain in deep negative territory whereas many countries in the so-called ‘Developing world’ have real interest rates that seem to be headed higher. See below for our monthly global interest rate charts (now with local currency gold prices plotted alongside).

 

[Note: By ‘real‘ interest rates, we mean the short-term inter-bank rate minus the year-on-year growth in the consumer price index.]

 

Long-term & Short-term Real Fed Funds Rate Charts:

 

Long Term Real Fed Funds Interest Rate Chart with USD Gold Price

Long Term Real Fed Funds Rate Chart - Click to enlarge. Sources: St Louis Fed & World Gold Council

 

Short Term Real Fed Funds Interest Rate Chart with USD Gold Price

Short Term Real Fed Funds Rate Chart - Click to enlarge. Sources: St Louis Fed & World Gold Council

 

Developed Markets:

 

US Real Interest Rate Chart with USD Gold Price

US - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Euro Area Real Interest Rate Chart with EUR Gold Price

Euro Area - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Japan Real Interest Rate Chart with JPY Gold Price

Japan - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

UK Real Interest Rate Chart with GBP Gold Price

UK - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Switzerland Real Interest Rate Chart with CHF Gold Price

Switzerland - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Canada Real Interest Rate Chart with CAD Gold Price

Canada - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Australia Real Interest Rate Chart with AUD Gold Price

Australia - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

New Zealand Real Interest Rate Chart with NZD Gold Price

New Zealand - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Denmark Real Interest Rate Chart with DKK Gold Price

Denmark - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Norway Real Interest Rate Chart with NOK Gold Price

Norway - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Sweden Real Interest Rate Chart with SEK Gold Price

Sweden - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Asia:

 

China Real Interest Rate Chart with CNY Gold Price

China - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

India Real Interest Rate Chart with INR Gold Price

India - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Indonesia Real Interest Rate Chart with IDR Gold Price

Indonesia - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Korea Real Interest Rate Chart with KRW Gold Price

Korea - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Eastern Europe:

 

Czech Republic Real Interest Rate Chart

Czech Republic - Click to enlarge. Source: OECD Statistics

 

Hungary Real Interest Rate Chart

Hungary - Click to enlarge. Source: OECD Statistics

 

Poland Real Interest Rate Chart

Poland - Click to enlarge. Source: OECD Statistics

 

Russian Federation Real Interest Rate Chart with RUB Gold Price

Russian Federation - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Latin America:

 

Brazil Real Interest Rate Chart with BRL Gold Price

Brazil - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Chile Real Interest Rate Chart

Chile - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Mexico Real Interest Rate Chart with MXN Gold Price

Mexico - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Middle East & Africa:

 

Israel Real Interest Rate Chart

Israel - Click to enlarge. Source: OECD Statistics

 

Turkey Real Interest Rate Chart with TRY Gold Price

Turkey - Click to enlarge. Source: OECD Statistics, World Gold Council & St Louis Fed

 

South Africa Real Interest Rate Chart with ZAR Gold Price

South Africa - Click to enlarge. Sources: OECD Statistics, World Gold Council & St Louis Fed

 

Over to you; what do you think of the trends in global real interest rates?

See here for our collection of rare historical economic data.

Posted Oct 9, 2011