Deposit Interest Rate in Papua New Guinea

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 0.60 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 0.60 percent in 2020, according to our econometric models.

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Papua New Guinea Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	6.25	6.25	16.00	6.00	percent	[+]
Deposit Interest Rate	0.50	0.60	11.49	0.33	percent	[+]
Loan Growth	6.70	4.20	17.70	-5.10	percent	[+]
Foreign Exchange Reserves	2080.30	2217.60	3064.00	1609.20	USD Million	[+]

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Papua New Guinea. Deposit Interest Rate in Papua New Guinea - actual data, historical chart and calendar of releases - was last updated on July of 2019.

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

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Country	Last		Previous	Range
Argentina	46.83	Jul/19	46.83	85.38 : 0	%
Turkey	22.50	Jun/19	22.5	398 : 1.5	%
South Africa	7.17	Apr/19	7.15	21.6 : 5.08	%
Brazil	6.19	Mar/19	5.7	54180 : 5.66	%
Russia	5.73	May/19	5.82	102 : 5	%
Indonesia	5.25	Jun/19	5.25	56 : 3	%
Mexico	3.70	Apr/19	3.72	126 : 0.55	%
Saudi Arabia	3.40	Jul/19	3.4	9.04 : 0.5	%
South Korea	1.99	Apr/19	2.06	19.5 : 1.37	%
Canada	1.81	Jul/19	1.81	22.06 : 0.1	%
Australia	1.75	Jun/19	1.85	17.25 : 1.75	%
United Kingdom	0.50	May/19	0.5	4.25 : 0	%
China	0.35	Jun/19	0.35	3.15 : 0.35	%
Singapore	0.20	May/19	0.2	12.8 : 0.13	%
Japan	-0.30	Jul/19	-0.28	16.25 : -0.51	%
Switzerland	-0.31	May/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Jun/19	-0.4	3.75 : -0.4	%