Deposit Interest Rate in Papua New Guinea decreased to 0.50 percent in 2017 from 0.60 percent in 2016. Deposit Interest Rate in Papua New Guinea averaged 5.16 percent from 1980 until 2017, reaching an all time high of 11.49 percent in 1986 and a record low of 0.33 percent in 2013.

Deposit Interest Rate in Papua New Guinea is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Papua New Guinea is projected to trend around -0.50 percent in 2020, according to our econometric models.

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Deposit Interest Rate in Papua New Guinea

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.60 11.49 0.33 1980 - 2017 percent Yearly


Deposit Interest Rate in Papua New Guinea
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Papua New Guinea Money Last Previous Highest Lowest Unit
Interest Rate 5.50 5.50 16.00 5.50 percent [+]
Deposit Interest Rate 0.50 0.60 11.49 0.33 percent [+]
Loan Growth 3.60 2.40 17.70 -5.10 percent [+]
Foreign Exchange Reserves 1966.00 1992.20 3064.00 1609.20 USD Million [+]