Papua New Guinea Lending Rate
Lending interest rate FR.INR.LEND
Papua New Guinea's lending rate was 7.93% in 2025, ranked 60th globally. This represents a 4.9% decrease from 2024. Data from World Bank, covering 1983–2025.
Overview
Papua New Guinea's lending rate stood at 7.93% in 2025, a decline of +0.41pp from 2023. Based on recent trends, this figure is projected to reach 7.93% by 2025. Papua New Guinea ranked 60th globally.
Papua New Guinea's lending rate has fluctuated significantly over the past four decades, with the latest value standing at 7.93% in 2025, ranking 60th globally. The country's lending rate peaked at 18.90% in 1999, a period marked by economic instability and high inflation. Conversely, the all-time trough of 7.64% was recorded in 2021, coinciding with a period of relative economic stability. Compared to its peers, Papua New Guinea's lending rate is higher than that of Guyana, which has maintained a stable rate of 7.90% in recent years. The lending rate's volatility is a reflection of the country's economy, which has historically been vulnerable to external shocks and domestic policy changes. With the global economy facing rising inflation and interest rates, Papua New Guinea's lending rate is likely to continue its upward trajectory unless the country can implement effective monetary policies to stabilize its economy and attract foreign investment.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 7.90% | - | - |
| 2025* trend | 7.93% | - | - |
| 2025 | 7.93% | −0.41pp | #60 |
| 2023 | 8.34% | +0.35pp | #36 |
| 2022 | 7.99% | +0.35pp | #42 |
| 2021 | 7.64% | −0.06pp | #54 |
| 2020 | 7.70% | −0.95pp | #48 |
| 2019 | 8.65% | −0.42pp | #51 |
| 2018 | 9.08% | +0.69pp | #60 |
| 2017 | 8.39% | +0.01pp | #60 |
| 2016 | 8.37% | −0.36pp | #58 |
| 2015 | 8.73% | −0.64pp | #61 |
| 2014 | 9.38% | −0.75pp | #68 |
| 2013 | 10.13% | −0.68pp | #73 |
| 2012 | 10.82% | +0.01pp | #73 |
| 2011 | 10.81% | +0.36pp | #73 |
| 2010 | 10.45% | +0.35pp | #67 |
Detected Pattern
Analysis
Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's lending rate was 7.93% in 2025. Ranked 60th globally. This represents a 4.9% decrease from the previous year.
Papua New Guinea's lending rate peaked at 18.90% in 1999.
The lowest lending rate in Papua New Guinea was 7.64% in 2021.
Papua New Guinea ranks 60th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Papua New Guinea's lending rate is projected to reach 7.93% by 2025 based on trend extrapolation.
The lending rate of Papua New Guinea in 2025 was 7.93%. This ranks 60th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_lending-rate,
title = {Papua New Guinea Lending Rate},
url = {https://historysaid.com/papua-new-guinea/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}