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Australia - Lending Rate 1970

Name: Australia Lending Rate 1970
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

6.91% +1.03pp from 1969 Global rank: 1st

Australia's lending rate was 6.91% in 1970, increased +1.03pp from 5.88% in 1969. This was the 1st highest globally.

Global Ranking - 1970▾

Lending Rate by Country - 1970
Rank	Country	Value	YoY
1st	Australia	6.91%	17.6%
2nd	Libya	7.00%	0.0%
3rd	Nigeria	7.00%	-
4th	United Kingdom	7.25%	9.4%
5th	United States	7.91%	-0.5%
6th	Sierra Leone	8.00%	0.0%
7th	Canada	8.17%	2.6%
8th	South Africa	8.17%	2.1%
9th	Malaysia	9.20%	0.7%

FAQ

What was Australia's lending rate in 1970?▾

Australia's lending rate in 1970 was 6.91%. This ranked 1st globally.

How did Australia's lending rate change in 1970?▾

Australia's lending rate increased by 17.6% in 1970 compared to 1969.

Which country had the highest lending rate in 1970?▾

Malaysia had the highest lending rate in 1970 at 9.20%.

What is the lending rate of Australia in 1970?▾

The lending rate of Australia in 1970 was 6.91%. This ranked 1st globally.

How does 1970 compare to 1969 for Australia's lending rate?▾

Australia's lending rate went from 5.88% in 1969 to 6.91% in 1970, a 17.6% increase.

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