Micronesia, Federated States of Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Micronesia, Federated States of's interest rate spread was 12.58% in 2021, ranked 93rd globally. This represents a 12.6% decrease from 2020. Data from World Bank, covering 1995–2021.
Overview
Micronesia, Federated States of's interest rate spread stood at 12.58% in 2021, a decline of +1.82pp from 2020. Micronesia, Federated States of ranked 93rd globally.
The Federated States of Micronesia’s interest‑rate spread has widened steadily since the earliest World Bank observation in 1995, when it stood at 9.67%, the all‑time trough for the 27‑year series. The spread then rose to a peak of 15.63% in 2017 before moderating to 12.58% in 2021, placing the country at rank 93 globally. This 2021 figure remains higher than the spreads recorded in peer economies such as Angola (12.36%) and Sierra Leone (13.49%), reflecting a relatively tighter monetary stance or higher risk premium in Micronesia’s financial system. The upward trajectory from the mid‑1990s through the late 2010s suggests that domestic credit conditions have become increasingly constrained, a pattern that could be amplified by external shocks or fiscal pressures. Future movements will likely depend on the government’s ability to deepen financial markets and manage macro‑economic volatility, which could either compress the spread further or sustain its elevated level.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 12.58% | −1.82pp | #93 |
| 2020 | 14.40% | +0.01pp | #97 |
| 2019 | 14.39% | −0.87pp | #100 |
| 2018 | 15.26% | −0.37pp | #104 |
| 2017 | 15.63% | +0.31pp | #119 |
| 2016 | 15.32% | +0.00pp | #119 |
| 2015 | 15.32% | +0.00pp | #119 |
| 2014 | 15.32% | +0.00pp | #122 |
| 2013 | 15.32% | +1.42pp | #126 |
| 2012 | 13.90% | +0.14pp | #120 |
| 2011 | 13.76% | −0.46pp | #115 |
| 2010 | 14.22% | +0.12pp | #115 |
| 2009 | 14.09% | +2.18pp | #112 |
| 2008 | 11.91% | +0.42pp | #108 |
| 2007 | 11.49% | −2.09pp | #108 |
Detected Pattern
Analysis
Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Micronesia, Federated States of's interest rate spread was 12.58% in 2021. Ranked 93rd globally. This represents a 12.6% decrease from the previous year.
Micronesia, Federated States of's interest rate spread peaked at 15.63% in 2017.
The lowest interest rate spread in Micronesia, Federated States of was 9.67% in 1995.
Micronesia, Federated States of ranks 93rd globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Micronesia, Federated States of in 2021 was 12.58%. This ranks 93rd in the world.
Cite this page
@misc{historysaid_micronesia-federated-states-of_interest-rate-spread,
title = {Micronesia, Federated States of Interest Rate Spread},
url = {https://historysaid.com/micronesia-federated-states-of/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}