Papua New Guinea - Lending Rate 2020
7.70%
−0.95pp from 2019
Papua New Guinea's lending rate was 7.70% in 2020, decreased +0.95pp from 8.65% in 2019. This was the 48th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hungary | 1.96% | 9.2% |
| 2nd | Italy | 2.33% | -10.5% |
| 3rd | Switzerland | 2.63% | 0.1% |
| 4th | Norway | 2.70% | -16.6% |
| 5th | Korea | 2.80% | -18.7% |
| 6th | Bosnia and Herzegovina | 3.07% | -6.6% |
| 7th | Thailand | 3.29% | -19.4% |
| 8th | Israel | 3.31% | -6.4% |
| 9th | Czechia | 3.34% | -9.3% |
| 10th | United States | 3.54% | -32.9% |
| 11th | San Marino | 3.73% | -6.3% |
| 12th | Malaysia | 3.94% | -19.1% |
| 13th | Qatar | 4.09% | -18.9% |
| 14th | Kuwait | 4.14% | -14.0% |
| 15th | Bahamas, The | 4.25% | 0.0% |
| 16th | Bulgaria | 4.34% | -4.7% |
| 17th | China | 4.35% | 0.0% |
| 18th | Hong Kong SAR, China | 5.00% | -2.0% |
| 19th | North Macedonia | 5.19% | -7.4% |
| 20th | Singapore | 5.25% | 0.0% |
| 21st | Macao SAR, China | 5.26% | -1.8% |
| 22nd | Oman | 5.47% | 1.0% |
| 23rd | Brunei Darussalam | 5.50% | 0.0% |
| 24th | West Bank and Gaza | 5.52% | -7.0% |
| 25th | Botswana | 5.75% | -10.1% |
| 26th | Iceland | 5.76% | -17.1% |
| 27th | Montenegro | 5.91% | -4.3% |
| 28th | Albania | 6.12% | -2.5% |
| 29th | Fiji | 6.18% | 2.6% |
| 30th | Mexico | 6.34% | -24.8% |
| 31st | Romania | 6.49% | -9.4% |
| 32nd | Benin | 6.54% | -2.3% |
| 33rd | Burkina Faso | 6.54% | -2.3% |
| 34th | Trinidad and Tobago | 6.56% | -29.1% |
| 35th | Costa Rica | 6.64% | -24.1% |
| 36th | Russian Federation | 6.78% | -22.6% |
| 37th | Aruba | 6.80% | 19.3% |
| 38th | Grenada | 6.83% | -9.7% |
| 39th | Dominica | 6.90% | -8.5% |
| 40th | Panama | 7.01% | -1.2% |
| 41st | St. Lucia | 7.13% | -7.6% |
| 42nd | Mauritius | 7.23% | -14.5% |
| 43rd | Jordan | 7.48% | -13.7% |
| 44th | Bolivia, Plurinational State of | 7.59% | -9.6% |
| 45th | Viet Nam | 7.65% | -0.8% |
| 46th | St. Kitts and Nevis | 7.65% | -10.2% |
| 47th | Antigua and Barbuda | 7.68% | -10.8% |
| 48th | Papua New Guinea | 7.70% | -11.0% |
| 49th | South Africa | 7.71% | -23.9% |
| 50th | Tonga | 7.83% | -2.9% |
| 51st | Namibia | 7.87% | -20.3% |
| 52nd | Eswatini | 7.96% | -21.4% |
| 53rd | St. Vincent and the Grenadines | 7.99% | -4.3% |
| 54th | Algeria | 8.00% | 0.0% |
| 55th | Barbados | 8.05% | 0.0% |
| 56th | Comoros | 8.09% | -22.9% |
| 57th | Moldova | 8.18% | -0.8% |
| 58th | Cabo Verde | 8.19% | -10.4% |
| 59th | Bangladesh | 8.30% | -13.2% |
| 60th | Samoa | 8.71% | -2.5% |
| 61st | Belize | 8.73% | -3.7% |
| 62nd | Lesotho | 8.98% | -20.8% |
| 63rd | Belarus | 9.03% | 0.1% |
| 64th | India | 9.15% | -3.3% |
| 65th | Guyana | 9.47% | -9.7% |
| 66th | Zambia | 9.48% | -7.9% |
| 67th | Indonesia | 9.54% | -7.9% |
| 68th | Vanuatu | 9.76% | -2.8% |
| 69th | Colombia | 9.85% | -16.3% |
| 70th | Solomon Islands | 10.68% | 0.8% |
| 71st | Pakistan | 10.76% | -12.1% |
| 72nd | Dominican Republic | 10.98% | -12.1% |
| 73rd | Nicaragua | 11.18% | -10.3% |
| 74th | Uruguay | 11.23% | -2.8% |
| 75th | Egypt, Arab Republic of | 11.37% | -29.5% |
| 76th | Maldives | 11.60% | 0.7% |
| 77th | Seychelles | 11.61% | -7.9% |
| 78th | Armenia | 11.62% | -4.3% |
| 79th | Georgia | 11.80% | 9.1% |
| 80th | Kenya | 12.00% | -3.6% |
| 81st | Jamaica | 12.06% | -7.2% |
| 82nd | Burundi | 12.20% | -16.1% |
| 83rd | Guatemala | 12.53% | -1.7% |
| 84th | Peru | 12.94% | -10.1% |
| 85th | Paraguay | 13.54% | -12.6% |
| 86th | Nigeria | 13.64% | -11.3% |
| 87th | Bhutan | 14.00% | 0.0% |
| 88th | Timor-Leste | 14.13% | -8.0% |
| 89th | Ukraine | 14.29% | -27.9% |
| 90th | Micronesia, Federated States of | 14.47% | -1.6% |
| 91st | Haiti | 14.63% | 3.6% |
| 92nd | Suriname | 14.80% | -1.1% |
| 93rd | Myanmar | 14.83% | -7.3% |
| 94th | South Sudan | 16.09% | 2.8% |
| 95th | Rwanda | 16.35% | -1.1% |
| 96th | Tanzania | 16.68% | -1.7% |
| 97th | Mongolia | 16.93% | -0.4% |
| 98th | Honduras | 17.01% | -1.9% |
| 99th | Kyrgyz Republic | 17.04% | -10.3% |
| 100th | Mozambique | 17.08% | -9.9% |
| 101st | Azerbaijan | 17.18% | -0.6% |
| 102nd | Sierra Leone | 17.94% | -0.2% |
| 103rd | São Tomé and Principe | 18.83% | -1.2% |
| 104th | Angola | 19.66% | 1.9% |
| 105th | Uzbekistan | 22.34% | -5.4% |
| 106th | Malawi | 24.22% | -5.7% |
| 107th | Congo, Democratic Republic of | 25.96% | -2.9% |
| 108th | Gambia, The | 28.00% | 0.0% |
| 109th | Brazil | 29.04% | -22.5% |
| 110th | Argentina | 29.39% | -56.3% |
| 111th | Zimbabwe | 33.01% | 104.0% |
| 112th | Madagascar | 48.87% | -0.3% |
FAQ
What was Papua New Guinea's lending rate in 2020?▾
Papua New Guinea's lending rate in 2020 was 7.70%. This ranked 48th globally.
How did Papua New Guinea's lending rate change in 2020?▾
Papua New Guinea's lending rate decreased by 11.0% in 2020 compared to 2019.
Which country had the highest lending rate in 2020?▾
Madagascar had the highest lending rate in 2020 at 48.87%.
What is the lending rate of Papua New Guinea in 2020?▾
The lending rate of Papua New Guinea in 2020 was 7.70%. This ranked 48th globally.
How does 2020 compare to 2019 for Papua New Guinea's lending rate?▾
Papua New Guinea's lending rate went from 8.65% in 2019 to 7.70% in 2020, a 11.0% decrease.
Related
2019
2021
All years
Full ranking 2020
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1999
Lowest: 2021
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking