Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Papua New Guinea's interest rate stands at 8.29% as of 2024-12-31, down from 8.38% in 2023. Historical data runs from 1983 to 2024 (42 observations).
In 2024, Papua New Guinea's interest rate was 8.29%, down from 8.38% in 2023.
In 2023, Papua New Guinea's interest rate was 8.38%, up from 7.99% in 2022.
In 2022, Papua New Guinea's interest rate was 7.99%, up from 7.64% in 2021.
In 2021, Papua New Guinea's interest rate was 7.64%, down from 7.7% in 2020.
In 2020, Papua New Guinea's interest rate was 7.7%, down from 8.65% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 8.29% | -0.0892% |
| 2023 | 8.38% | +0.3883% |
| 2022 | 7.99% | +0.3483% |
| 2021 | 7.64% | -0.0583% |
| 2020 | 7.7% | -0.95% |
| 2019 | 8.65% | -0.4242% |
| 2018 | 9.08% | +0.6867% |
| 2017 | 8.39% | +0.0137% |
| 2016 | 8.37% | -0.3578% |
| 2015 | 8.73% | -0.6433% |
| 2014 | 9.38% | -0.7542% |
| 2013 | 10.13% | -0.685% |
| 2012 | 10.82% | +0.0067% |
| 2011 | 10.81% | +0.3625% |
| 2010 | 10.45% | +0.3517% |
| 2009 | 10.09% | +0.8975% |
| 2008 | 9.2% | -0.5808% |
| 2007 | 9.78% | -0.7892% |
| 2006 | 10.57% | -0.9025% |
| 2005 | 11.47% | -1.78% |
| 2004 | 13.25% | -0.105% |
| 2003 | 13.36% | -0.5333% |
| 2002 | 13.89% | -2.32% |
| 2001 | 16.21% | -1.34% |
| 2000 | 17.54% | -1.35% |
| 1999 | 18.9% | +1.19% |
| 1998 | 17.7% | +7.26% |
| 1997 | 10.45% | -2.85% |
| 1996 | 13.3% | +0.1625% |
| 1995 | 13.14% | +3.98% |
| 1994 | 9.16% | -2.13% |
| 1993 | 11.29% | -3.25% |
| 1992 | 14.53% | +0.3658% |
| 1991 | 14.17% | -1.35% |
| 1990 | 15.52% | +0.8958% |
| 1989 | 14.62% | +1.94% |
| 1988 | 12.68% | +0.7392% |
| 1987 | 11.94% | -0.3917% |
| 1986 | 12.33% | +0.7917% |
| 1985 | 11.54% | +0.9025% |
| 1984 | 10.64% | -0.9442% |
| 1983 | 11.58% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Papua New Guinea's interest rate is 8.29% as of 2024-12-31, compared with 8.38% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 18.9% (1999); the lowest is 7.64% (2021), across data from 1983 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.