Papua New Guinea - Bank Lending Interest Rate
Since 2014, Papua New Guinea Bank Lending Interest Rate was down by 1.6points year on year. In 2019, the country was ranked number 72 comparing other countries in Bank Lending Interest Rate with 8.65 Percent. Papua New Guinea is overtaken by Jordan, which was number 71 at 8.67 Percent and is followed by Antigua and Barbuda with 8.61 Percent. Argentina lead the ranking with 67.25 Percent in 2019, a growth of 38.6points compared to 2018. Madagascar, Brazil and Gambia respectively ranked number 2, 3 and 4 in this ranking. Argentina witnessed the best average annual growth at +22.9points per year, while New Zealand was the worst growing country at -31.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.65 |
| 2018 | 9.07 |
| 2017 | 8.39 |
| 2016 | 8.37 |
| 2015 | 8.73 |
Download all data from 1983 to 2019
How does Papua New Guinea rank in Bank Lending Interest Rate?
| # | 136 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Argentina
|
67.25 % | 2019 | +38.6 % | +22.9 % | View data | |
| 2 |
#2
Madagascar
|
49.00 % | 2019 | -11.5 % | -4.0 % | View data | |
| 71 |
#71
Jordan
|
8.66 % | 2019 | +0.0 % | -0.7 % | View data | |
| 72 |
#72
Papua New Guinea
|
8.65 % | 2019 | -4.7 % | -1.6 % | View data | |
| 73 |
#73
Antigua and Barbuda
|
8.61 % | 2019 | -4.1 % | -3.1 % | View data | |