Papua New Guinea - Real Interest Rate 1994
1.78%
−12.36pp from 1993
Papua New Guinea's real interest rate was 1.78% in 1994, decreased +12.36pp from 14.14% in 1993. This was the 20th highest globally.
Global Ranking - 1994▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Belarus | -87.85% | -3.1% |
| 2nd | Suriname | -78.57% | -36.6% |
| 3rd | Ukraine | -66.73% | 27.2% |
| 4th | Nicaragua | -50.16% | -1,472.6% |
| 5th | Croatia | -41.96% | -2,735.8% |
| 6th | Haiti | -29.49% | - |
| 7th | Romania | -20.35% | 52.7% |
| 8th | Nigeria | -15.92% | -125.7% |
| 9th | Solomon Islands | -10.50% | -901.7% |
| 10th | Albania | -8.96% | 78.9% |
| 11th | China | -8.01% | -119.4% |
| 12th | Madagascar | -7.71% | -154.1% |
| 13th | Zambia | -5.63% | 54.8% |
| 14th | Namibia | -2.83% | -140.7% |
| 15th | Myanmar | -1.45% | - |
| 16th | Czechia | 0.69% | 112.1% |
| 17th | Hong Kong SAR, China | 0.99% | 150.9% |
| 18th | Macao SAR, China | 1.12% | 140.6% |
| 19th | Guyana | 1.53% | -25.6% |
| 20th | Papua New Guinea | 1.78% | -87.4% |
| 21st | Sierra Leone | 1.82% | -90.3% |
| 22nd | Singapore | 2.33% | 25.0% |
| 23rd | Trinidad and Tobago | 2.39% | -61.1% |
| 24th | Tanzania | 2.48% | 6.4% |
| 25th | Eswatini | 2.96% | 214.0% |
| 26th | Bahrain | 3.15% | -78.0% |
| 27th | Dominica | 3.69% | -59.0% |
| 28th | Bhutan | 3.78% | -51.7% |
| 29th | Malawi | 3.83% | 270.1% |
| 30th | Japan | 3.94% | -8.7% |
| 31st | Aruba | 4.06% | -19.4% |
| 32nd | Botswana | 4.07% | 148.3% |
| 33rd | India | 4.34% | -25.4% |
| 34th | St. Kitts and Nevis | 4.40% | -45.9% |
| 35th | Philippines | 4.54% | -38.4% |
| 36th | Bahamas, The | 4.59% | -45.2% |
| 37th | Malaysia | 4.64% | -20.1% |
| 38th | United States | 4.90% | 38.2% |
| 39th | United Kingdom | 5.12% | 21.9% |
| 40th | South Africa | 5.26% | 113.2% |
| 41st | Canada | 5.34% | 16.4% |
| 42nd | Chile | 5.75% | -47.4% |
| 43rd | Thailand | 5.95% | 35.4% |
| 44th | Lesotho | 6.02% | 47.6% |
| 45th | Mauritania | 6.37% | 25.7% |
| 46th | Hungary | 6.62% | 93.6% |
| 47th | Barbados | 6.72% | 90.1% |
| 48th | Burundi | 7.09% | 26.8% |
| 49th | Qatar | 7.15% | -45.1% |
| 50th | Egypt, Arab Republic of | 7.44% | -18.3% |
| 51st | Grenada | 7.59% | -22.2% |
| 52nd | Iceland | 7.76% | -35.6% |
| 53rd | Sweden | 7.95% | -17.8% |
| 54th | Australia | 7.98% | -5.8% |
| 55th | Italy | 8.15% | -21.2% |
| 56th | St. Lucia | 8.27% | -22.7% |
| 57th | Liberia | 8.71% | -46.5% |
| 58th | Oman | 8.87% | -41.2% |
| 59th | Bangladesh | 9.13% | -33.6% |
| 60th | St. Vincent and the Grenadines | 9.15% | -31.1% |
| 61st | Antigua and Barbuda | 9.23% | -8.9% |
| 62nd | Indonesia | 9.26% | 669.6% |
| 63rd | Mexico | 10.10% | 158.5% |
| 64th | Fiji | 10.53% | 142.7% |
| 65th | Mauritius | 11.60% | 72.1% |
| 66th | Belize | 11.84% | -3.5% |
| 67th | Seychelles | 12.72% | 3.3% |
| 68th | Uganda | 13.02% | 417.1% |
| 69th | Jamaica | 14.00% | 335.2% |
| 70th | Kuwait | 14.32% | -13.5% |
| 71st | Colombia | 14.55% | 74.0% |
| 72nd | Lebanon | 14.84% | 389.1% |
| 73rd | Costa Rica | 15.00% | -15.4% |
| 74th | Lao PDR | 15.13% | 18.9% |
| 75th | Kenya | 16.43% | 381.3% |
| 76th | Dominican Republic | 16.83% | -29.1% |
| 77th | Bulgaria | 17.26% | 1.2% |
| 78th | Guinea | 20.28% | -14.3% |
| 79th | Gambia, The | 20.45% | 2.7% |
| 80th | Peru | 22.62% | -30.8% |
| 81st | Paraguay | 25.24% | - |
| 82nd | Honduras | 27.23% | 79.9% |
| 83rd | Uruguay | 38.28% | 21.8% |
| 84th | Bolivia, Plurinational State of | 44.11% | -0.7% |
FAQ
What was Papua New Guinea's real interest rate in 1994?▾
Papua New Guinea's real interest rate in 1994 was 1.78%. This ranked 20th globally.
How did Papua New Guinea's real interest rate change in 1994?▾
Papua New Guinea's real interest rate decreased by 87.4% in 1994 compared to 1993.
Which country had the highest real interest rate in 1994?▾
Bolivia, Plurinational State of had the highest real interest rate in 1994 at 44.11%.
What is the real interest rate of Papua New Guinea in 1994?▾
The real interest rate of Papua New Guinea in 1994 was 1.78%. This ranked 20th globally.
How does 1994 compare to 1993 for Papua New Guinea's real interest rate?▾
Papua New Guinea's real interest rate went from 14.14% in 1993 to 1.78% in 1994, a 87.4% decrease.
Related
1993
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Full ranking 1994
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
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Peak: 1989
Lowest: 2006
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Real Interest Rate 2000s
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