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Papua New Guinea Interest Rate Spread

Interest rate spread (lending rate minus deposit rate)  FR.INR.LNDP

Papua New Guinea's interest rate spread was 8.06% in 2025, ranked 15th globally. This represents a 0.7% increase from 2024. Data from World Bank, covering 1983–2025.

8.06% +0.06pp (+0.7%)
Year 2025 Rank #15 Global Peak 11.53% (2004) Source World Bank

Papua New Guinea Interest Rate Spread (1983–2025)

Overview

Papua New Guinea's interest rate spread stood at 8.06% in 2025, a rise of +0.06pp from 2023. Based on recent trends, this figure is projected to reach 8.06% by 2025. Papua New Guinea ranked 15th globally.

Papua New Guinea's interest rate spread has fluctuated significantly over the 42-year coverage period, with the latest value standing at 8.06% as of 2025, ranking 15th globally. The country's all-time peak of 11.53% was reached in 2004, while the all-time trough of 4.76% occurred in 1986. In comparison to its peers, Papua New Guinea's interest rate spread is closely aligned with that of Nicaragua, which also stands at 8.06%, and slightly lower than Timor-Leste's 8.76%. The current interest rate spread is higher than the earliest recorded value of 5.29% in 1983, indicating a widening gap between lending and borrowing rates over time. As the global economic landscape continues to evolve, changes in monetary policy or significant shifts in the country's economic performance would be necessary to alter the trajectory of Papua New Guinea's interest rate spread.

Data & projection

Year Interest Rate Spread YoY change Rank
2026* trend 8.20% - -
2025* trend 8.06% - -
2025 8.06% +0.06pp #15
2023 8.00% +0.26pp #70
2022 7.74% +0.55pp #70
2021 7.19% +0.39pp #70
2020 6.81% −0.96pp #69
2019 7.77% −0.62pp #78
2018 8.40% +0.52pp #84
2017 7.87% +0.14pp #89
2016 7.73% −0.58pp #88
2015 8.31% −0.74pp #95
2014 9.04% −0.76pp #101
2013 9.80% −0.53pp #109
2012 10.33% +0.44pp #107
2011 9.89% +0.83pp #101
2010 9.06% +1.29pp #96
Show all years (1983-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. 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

What is Papua New Guinea's interest rate spread?▾

Papua New Guinea's interest rate spread was 8.06% in 2025. Ranked 15th globally. This represents a 0.7% increase from the previous year.

What was the highest interest rate spread in Papua New Guinea?▾

Papua New Guinea's interest rate spread peaked at 11.53% in 2004.

What was the lowest interest rate spread in Papua New Guinea?▾

The lowest interest rate spread in Papua New Guinea was 4.76% in 1986.

How does Papua New Guinea rank in interest rate spread?▾

Papua New Guinea ranks 15th globally in interest rate spread as of 2025.

What is the World Bank indicator code for interest rate spread?▾

The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.

What is the projected interest rate spread of Papua New Guinea in 2025?▾

Papua New Guinea's interest rate spread is projected to reach 8.06% by 2025 based on trend extrapolation.

What is the interest rate spread of Papua New Guinea in 2025?▾

The interest rate spread of Papua New Guinea in 2025 was 8.06%. This ranks 15th in the world.

Cite this page

APA
Papua New Guinea Interest Rate Spread. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/papua-new-guinea/interest-rate-spread/
BibTeX
@misc{historysaid_papua-new-guinea_interest-rate-spread, title = {Papua New Guinea Interest Rate Spread}, url = {https://historysaid.com/papua-new-guinea/interest-rate-spread/}, publisher = {HistorySaid}, year = {2026} }
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