High interest rates

Other Names:
Exorbitant interest rates
Structural usury
Prohibitive cost of money
Exorbitant debt interest
Deepening debt cycle

Relatively high interest rates slows borrowing, stagnates business and creates hardships on individual borrowers. Economic policies in the industrial countries determine interest rates worldwide.


High real interest rates are adding significantly to structural budget deficits in both developed and developing countries.


Related UN Sustainable Development Goals:
GOAL 9: Industry, Innovation and InfrastructureGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and Production
Problem Type:
F: Fuzzy exceptional problems
Date of last update
20.07.2020 – 07:36 CEST