Deposit interest rate in Papua New Guinea in 2024 — 0.26%. Ranked 88 in the world out of 90. Since 1983, the indicator has fallen by 6.03 pp.
1983–2024 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2024 | 0.26 | −0.07 pp |
| 2023 | 0.33 | +0.08 pp |
| 2022 | 0.25 | −0.2 pp |
| 2021 | 0.45 | −0.44 pp |
| 2020 | 0.89 | +0.01 pp |
| 2019 | 0.88 | +0.2 pp |
| 2018 | 0.68 | +0.16 pp |
| 2017 | 0.52 | −0.13 pp |
| 2016 | 0.65 | +0.22 pp |
| 2015 | 0.43 | +0.09 pp |
| 2014 | 0.33 | +0 pp |
| 2013 | 0.33 | −0.16 pp |
| 2012 | 0.49 | −0.43 pp |
| 2011 | 0.92 | −0.46 pp |
| 2010 | 1.38 | −0.94 pp |
| 2009 | 2.32 | +1.01 pp |
| 2008 | 1.31 | +0.25 pp |
| 2007 | 1.06 | +0.08 pp |
| 2006 | 0.98 | +0.13 pp |
| 2005 | 0.85 | −0.87 pp |
| 2004 | 1.73 | −2.65 pp |
| 2003 | 4.38 | +1.19 pp |
| 2002 | 3.18 | −2.28 pp |
| 2001 | 5.46 | −3 pp |
| 2000 | 8.46 | +0.33 pp |
| 1999 | 8.13 | −0.24 pp |
| 1998 | 8.36 | +4.23 pp |
| 1997 | 4.13 | −3 pp |
| 1996 | 7.13 | −0.16 pp |
| 1995 | 7.3 | +3.94 pp |
| 1994 | 3.35 | +0.04 pp |
| 1993 | 3.32 | −1.86 pp |
| 1992 | 5.18 | −0.8 pp |
| 1991 | 5.97 | +0.26 pp |
| 1990 | 5.71 | +0.29 pp |
| 1989 | 5.42 | −0.69 pp |
| 1988 | 6.11 | −0.21 pp |
| 1987 | 6.33 | −1.24 pp |
| 1986 | 7.57 | +1.32 pp |
| 1985 | 6.25 | +0.9 pp |
| 1984 | 5.36 | −0.93 pp |
| 1983 | 6.29 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
