Papua New Guinea - Lending Rate 2021
7.64%
−0.06pp from 2020
Papua New Guinea's lending rate was 7.64% in 2021, decreased +0.06pp from 7.70% in 2020. This was the 54th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Italy | 2.03% | -13.0% |
| 2nd | Norway | 2.27% | -15.7% |
| 3rd | Switzerland | 2.64% | 0.2% |
| 4th | Korea | 2.88% | 2.9% |
| 5th | Hungary | 2.96% | 51.4% |
| 6th | Thailand | 3.06% | -7.1% |
| 7th | Israel | 3.10% | -6.3% |
| 8th | Bosnia and Herzegovina | 3.20% | 4.2% |
| 9th | Czechia | 3.20% | -4.3% |
| 10th | United States | 3.25% | -8.3% |
| 11th | Malaysia | 3.44% | -12.7% |
| 12th | San Marino | 3.53% | -5.4% |
| 13th | Kuwait | 3.71% | -10.5% |
| 14th | Qatar | 3.85% | -5.8% |
| 15th | Bulgaria | 4.12% | -5.1% |
| 16th | Bahamas, The | 4.25% | 0.0% |
| 17th | China | 4.35% | 0.0% |
| 18th | North Macedonia | 4.86% | -6.5% |
| 19th | Mexico | 4.89% | -22.9% |
| 20th | Hong Kong SAR, China | 5.00% | 0.0% |
| 21st | Solomon Islands | 5.18% | -51.5% |
| 22nd | Botswana | 5.25% | -8.7% |
| 23rd | Singapore | 5.25% | 0.0% |
| 24th | Macao SAR, China | 5.26% | 0.0% |
| 25th | Iceland | 5.40% | -6.2% |
| 26th | Oman | 5.50% | 0.6% |
| 27th | Brunei Darussalam | 5.50% | 0.0% |
| 28th | Costa Rica | 5.51% | -17.0% |
| 29th | West Bank and Gaza | 5.56% | 0.7% |
| 30th | Romania | 5.61% | -13.5% |
| 31st | Montenegro | 5.76% | -2.5% |
| 32nd | Fiji | 5.94% | -3.9% |
| 33rd | Albania | 6.02% | -1.6% |
| 34th | Benin | 6.25% | -4.4% |
| 35th | Burkina Faso | 6.25% | -4.4% |
| 36th | Dominica | 6.30% | -8.7% |
| 37th | Aruba | 6.40% | -5.9% |
| 38th | Grenada | 6.55% | -4.2% |
| 39th | St. Lucia | 6.76% | -5.3% |
| 40th | Namibia | 6.86% | -12.8% |
| 41st | Mauritius | 6.87% | -4.9% |
| 42nd | Panama | 6.94% | -1.0% |
| 43rd | Jordan | 7.02% | -6.2% |
| 44th | South Africa | 7.04% | -8.6% |
| 45th | St. Kitts and Nevis | 7.14% | -6.6% |
| 46th | Russian Federation | 7.18% | 6.0% |
| 47th | Eswatini | 7.25% | -8.9% |
| 48th | Bangladesh | 7.32% | -11.7% |
| 49th | Antigua and Barbuda | 7.39% | -3.8% |
| 50th | Moldova | 7.40% | -9.6% |
| 51st | Trinidad and Tobago | 7.44% | 13.5% |
| 52nd | Uruguay | 7.45% | -33.7% |
| 53rd | Cabo Verde | 7.62% | -7.0% |
| 54th | Papua New Guinea | 7.64% | -0.8% |
| 55th | St. Vincent and the Grenadines | 7.65% | -4.3% |
| 56th | Tonga | 7.76% | -0.9% |
| 57th | Viet Nam | 7.81% | 2.1% |
| 58th | Comoros | 7.88% | -2.7% |
| 59th | Algeria | 8.00% | 0.0% |
| 60th | Bolivia, Plurinational State of | 8.02% | 5.6% |
| 61st | Barbados | 8.05% | 0.0% |
| 62nd | Lesotho | 8.21% | -8.5% |
| 63rd | Belize | 8.44% | -3.4% |
| 64th | Samoa | 8.52% | -2.2% |
| 65th | Pakistan | 8.67% | -19.4% |
| 66th | India | 8.70% | -4.9% |
| 67th | Guyana | 8.88% | -6.2% |
| 68th | Indonesia | 8.92% | -6.5% |
| 69th | Seychelles | 9.16% | -21.1% |
| 70th | Vanuatu | 9.33% | -4.4% |
| 71st | Colombia | 9.34% | -5.2% |
| 72nd | Egypt, Arab Republic of | 9.43% | -17.1% |
| 73rd | Dominican Republic | 9.61% | -12.5% |
| 74th | Nicaragua | 9.62% | -13.9% |
| 75th | Belarus | 10.12% | 12.0% |
| 76th | Peru | 10.98% | -15.1% |
| 77th | Timor-Leste | 11.16% | -21.0% |
| 78th | Nigeria | 11.48% | -15.8% |
| 79th | Jamaica | 11.49% | -4.7% |
| 80th | Maldives | 11.57% | -0.3% |
| 81st | Armenia | 11.76% | 1.2% |
| 82nd | Kenya | 12.08% | 0.7% |
| 83rd | Guatemala | 12.19% | -2.7% |
| 84th | Paraguay | 12.51% | -7.6% |
| 85th | Georgia | 12.51% | 6.0% |
| 86th | Micronesia, Federated States of | 12.62% | -12.8% |
| 87th | Burundi | 12.86% | 5.4% |
| 88th | Ukraine | 13.29% | -7.0% |
| 89th | Haiti | 13.35% | -8.8% |
| 90th | Bhutan | 14.00% | 0.0% |
| 91st | Suriname | 14.89% | 0.6% |
| 92nd | Honduras | 15.97% | -6.1% |
| 93rd | Mongolia | 16.01% | -5.5% |
| 94th | South Sudan | 16.09% | 0.0% |
| 95th | Rwanda | 16.18% | -1.0% |
| 96th | Azerbaijan | 16.43% | -4.4% |
| 97th | Kyrgyz Republic | 16.62% | -2.4% |
| 98th | Mozambique | 18.17% | 6.4% |
| 99th | São Tomé and Principe | 18.49% | -1.8% |
| 100th | Sierra Leone | 18.86% | 5.1% |
| 101st | Angola | 19.40% | -1.3% |
| 102nd | Gambia, The | 19.50% | -30.4% |
| 103rd | Uzbekistan | 21.42% | -4.1% |
| 104th | Congo, Democratic Republic of | 23.29% | -10.3% |
| 105th | Malawi | 23.88% | -1.4% |
| 106th | Brazil | 30.02% | 3.4% |
| 107th | Argentina | 35.56% | 21.0% |
| 108th | Zimbabwe | 45.48% | 37.8% |
| 109th | Madagascar | 48.28% | -1.2% |
FAQ
What was Papua New Guinea's lending rate in 2021?▾
Papua New Guinea's lending rate in 2021 was 7.64%. This ranked 54th globally.
How did Papua New Guinea's lending rate change in 2021?▾
Papua New Guinea's lending rate decreased by 0.8% in 2021 compared to 2020.
Which country had the highest lending rate in 2021?▾
Madagascar had the highest lending rate in 2021 at 48.28%.
What is the lending rate of Papua New Guinea in 2021?▾
The lending rate of Papua New Guinea in 2021 was 7.64%. This ranked 54th globally.
How does 2021 compare to 2020 for Papua New Guinea's lending rate?▾
Papua New Guinea's lending rate went from 7.70% in 2020 to 7.64% in 2021, a 0.8% decrease.
Related
2020
2022
All years
Full ranking 2021
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