The cost of capital: real interest rates

Borrowing for machines, buildings or stock costs very different amounts around the world. The real interest rate, the lending rate minus inflation, shows what credit really costs a company.

1Singapore-5.2%2Bulgaria-3.0%3Israel-1.8%United States-1.3%Canada0.1%Romania0.3%North Macedonia0.8%Japan1.0%South Korea1.0%New Zealand1.1%Czechia1.1%Australia1.6%Hungary1.6%Switzerland2.0%Liechtenstein2.0%Italy2.0%Iceland3.9%Mexico4.0%Albania4.0%Hong Kong4.1%Norway4.4%China5.2%Malaysia5.3%India5.6%Indonesia6.0%South Africa7.7%Brazil37.5%
World Bank WDI (FR.INR.RINR), latest year. Countries of the euro area and several others report no national lending rate to the World Bank; they are not shown and count as the median country in the climate score.
Cheapest credit in Singapore (-5.2%), Bulgaria (-3.0%) and Israel (-1.8%); dearest in Brazil (37.5%), South Africa (7.7%) and Indonesia (6.0%).

Sources: World Bank WDI real interest rate and lending interest rate (CC BY 4.0). Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.