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Australia - Lending Rate 1961

Lending interest rate · World Bank
5.50% +0.50pp from 1960 Global rank: 2nd

Australia's lending rate was 5.50% in 1961, increased +0.50pp from 5.00% in 1960. This was the 2nd highest globally.

Global Ranking - 1961▾
Lending Rate by Country - 1961
RankCountryValueYoY
1st United States 4.50% -6.7%
2nd Australia 5.50% 10.0%
3rd Canada 5.60% -2.5%
4th South Africa 6.83% 10.1%

FAQ

What was Australia's lending rate in 1961?▾

Australia's lending rate in 1961 was 5.50%. This ranked 2nd globally.

How did Australia's lending rate change in 1961?▾

Australia's lending rate increased by 10.0% in 1961 compared to 1960.

Which country had the highest lending rate in 1961?▾

South Africa had the highest lending rate in 1961 at 6.83%.

What is the lending rate of Australia in 1961?▾

The lending rate of Australia in 1961 was 5.50%. This ranked 2nd globally.

How does 1961 compare to 1960 for Australia's lending rate?▾

Australia's lending rate went from 5.00% in 1960 to 5.50% in 1961, a 10.0% increase.

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