Papua New Guinea - Interest Rate Spread 2023
8.00%
+0.26pp from 2022
Papua New Guinea's interest rate spread was 8.00% in 2023, increased +0.26pp from 7.74% in 2022. This was the 70th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Argentina | 0.90% | 5,227.9% |
| 2nd | Bangladesh | 1.05% | -32.8% |
| 3rd | Korea | 1.35% | 14.9% |
| 4th | Qatar | 1.44% | -25.7% |
| 5th | Switzerland | 1.77% | -36.7% |
| 6th | Georgia | 1.92% | -4.7% |
| 7th | Hungary | 2.18% | -4.7% |
| 8th | Czechia | 2.27% | -19.7% |
| 9th | Kuwait | 2.43% | 5.2% |
| 10th | Malaysia | 2.67% | 36.1% |
| 11th | China | 2.85% | 0.0% |
| 12th | Romania | 2.88% | -19.2% |
| 13th | Thailand | 2.91% | 10.8% |
| 14th | Norway | 2.91% | 23.5% |
| 15th | Bosnia and Herzegovina | 2.94% | 8.0% |
| 16th | Aruba | 3.00% | -30.2% |
| 17th | Jordan | 3.37% | -4.7% |
| 18th | North Macedonia | 3.63% | 1.8% |
| 19th | San Marino | 3.63% | 14.2% |
| 20th | Bahamas, The | 3.71% | -0.6% |
| 21st | Fiji | 3.77% | -3.1% |
| 22nd | Botswana | 3.79% | -18.3% |
| 23rd | Uruguay | 3.79% | -18.1% |
| 24th | Costa Rica | 4.02% | -6.2% |
| 25th | Armenia | 4.02% | 24.0% |
| 26th | Russian Federation | 4.05% | 5.1% |
| 27th | Uzbekistan | 4.13% | 2.8% |
| 28th | Indonesia | 4.29% | -19.2% |
| 29th | Dominica | 4.30% | -12.5% |
| 30th | Bulgaria | 4.34% | 16.5% |
| 31st | Kenya | 4.42% | -14.8% |
| 32nd | Viet Nam | 4.54% | 8.3% |
| 33rd | St. Kitts and Nevis | 4.67% | -6.6% |
| 34th | South Africa | 4.85% | 30.2% |
| 35th | Mauritius | 4.92% | -21.7% |
| 36th | Albania | 5.00% | -13.4% |
| 37th | Egypt, Arab Republic of | 5.11% | 136.7% |
| 38th | Belarus | 5.11% | 19.0% |
| 39th | St. Lucia | 5.17% | -2.6% |
| 40th | Antigua and Barbuda | 5.26% | -8.7% |
| 41st | Dominican Republic | 5.27% | 3.2% |
| 42nd | Hong Kong SAR, China | 5.28% | 4.5% |
| 43rd | Brunei Darussalam | 5.31% | -0.9% |
| 44th | Azerbaijan | 5.31% | -5.4% |
| 45th | Moldova | 5.37% | 116.3% |
| 46th | Macao SAR, China | 5.37% | 5.7% |
| 47th | Bolivia, Plurinational State of | 5.46% | 19.9% |
| 48th | Suriname | 5.50% | -26.2% |
| 49th | Namibia | 5.53% | 13.2% |
| 50th | Jamaica | 5.84% | -20.6% |
| 51st | St. Vincent and the Grenadines | 5.92% | -1.8% |
| 52nd | Trinidad and Tobago | 6.02% | 0.5% |
| 53rd | Grenada | 6.03% | 8.7% |
| 54th | Montenegro | 6.08% | 13.6% |
| 55th | Nigeria | 6.17% | -3.1% |
| 56th | Tonga | 6.19% | -0.3% |
| 57th | Algeria | 6.25% | 0.0% |
| 58th | Belize | 6.36% | 0.9% |
| 59th | Eswatini | 6.39% | 7.3% |
| 60th | Rwanda | 6.41% | -26.5% |
| 61st | Samoa | 6.53% | 0.6% |
| 62nd | Cabo Verde | 6.77% | -1.4% |
| 63rd | Mexico | 6.82% | 21.7% |
| 64th | Nicaragua | 7.36% | -8.7% |
| 65th | Guyana | 7.60% | -0.5% |
| 66th | Seychelles | 7.63% | 2.6% |
| 67th | Maldives | 7.69% | 6.7% |
| 68th | Guatemala | 7.75% | -3.3% |
| 69th | Colombia | 7.82% | 7.0% |
| 70th | Papua New Guinea | 8.00% | 3.4% |
| 71st | Honduras | 8.46% | -18.1% |
| 72nd | Bhutan | 8.52% | -22.5% |
| 73rd | Vanuatu | 8.54% | 2.1% |
| 74th | Lesotho | 8.65% | 17.9% |
| 75th | Haiti | 9.52% | -5.5% |
| 76th | Ukraine | 9.77% | -12.7% |
| 77th | Angola | 10.04% | -22.8% |
| 78th | Timor-Leste | 10.13% | -2.6% |
| 79th | Gambia, The | 13.01% | -8.1% |
| 80th | Sierra Leone | 13.94% | 0.1% |
| 81st | Mozambique | 14.36% | 16.3% |
| 82nd | São Tomé and Principe | 15.52% | 0.7% |
| 83rd | South Sudan | 16.23% | 0.0% |
| 84th | Kyrgyz Republic | 17.81% | 3.2% |
| 85th | Brazil | 31.46% | 14.8% |
| 86th | Madagascar | 40.58% | 14.5% |
| 87th | Zimbabwe | 107.47% | 10.7% |
FAQ
What was Papua New Guinea's interest rate spread in 2023?▾
Papua New Guinea's interest rate spread in 2023 was 8.00%. This ranked 70th globally.
How did Papua New Guinea's interest rate spread change in 2023?▾
Papua New Guinea's interest rate spread increased by 3.4% in 2023 compared to 2022.
Which country had the highest interest rate spread in 2023?▾
Zimbabwe had the highest interest rate spread in 2023 at 107.47%.
What is the interest rate spread of Papua New Guinea in 2023?▾
The interest rate spread of Papua New Guinea in 2023 was 8.00%. This ranked 70th globally.
How does 2023 compare to 2022 for Papua New Guinea's interest rate spread?▾
Papua New Guinea's interest rate spread went from 7.74% in 2022 to 8.00% in 2023, a 3.4% increase.
Related
2022
All years
Full ranking 2023
Market Capitalization
Stock Turnover Ratio
Listed Companies
Peak: 2004
Lowest: 1986
Interest Rate Spread 1990s
Interest Rate Spread 2000s
Interest Rate Spread 2010s
Interest Rate Spread 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking