Papua New Guinea Interest Rates
Papua New Guinea PG: Deposit Interest Rate
PG: Deposit Interest Rate data was reported at 0.570 % pa in 2016. This records an increase from the previous number of 0.510 % pa for 2015. PG: Deposit Interest Rate data is updated yearly, averaging 1.600 % pa from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 9.380 % pa in 1995 and a record low of 0.320 % pa in 2013. PG: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.57 2016 | yearly | 1995 - 2016 |
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Papua New Guinea PG: Interest Rate Spread
PG: Interest Rate Spread data was reported at 8.190 % pa in 2016. This records an increase from the previous number of 7.870 % pa for 2015. PG: Interest Rate Spread data is updated yearly, averaging 9.340 % pa from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 11.420 % pa in 1998 and a record low of 5.580 % pa in 1997. PG: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
| Last | Frequency | Range |
|---|---|---|
| 8.19 2016 | yearly | 1995 - 2016 |
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Papua New Guinea PG: Lending Interest Rate
PG: Lending Interest Rate data was reported at 8.760 % pa in 2016. This records an increase from the previous number of 8.380 % pa for 2015. PG: Lending Interest Rate data is updated yearly, averaging 10.750 % pa from Dec 1983 (Median) to 2016, with 34 observations. The data reached an all-time high of 20.160 % pa in 1998 and a record low of 8.380 % pa in 2015. PG: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 8.76 2016 | yearly | 1983 - 2016 |
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Papua New Guinea PG: Real Interest Rate
PG: Real Interest Rate data was reported at 1.539 % pa in 2016. This records a decrease from the previous number of 13.372 % pa for 2015. PG: Real Interest Rate data is updated yearly, averaging 5.923 % pa from Dec 1983 (Median) to 2016, with 34 observations. The data reached an all-time high of 17.752 % pa in 1989 and a record low of -32.984 % pa in 2006. PG: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;
| Last | Frequency | Range |
|---|---|---|
| 1.54 2016 | yearly | 1983 - 2016 |
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Papua New Guinea PG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate
PG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 4.040 % pa in 2016. This records an increase from the previous number of 3.730 % pa for 2015. PG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 3.100 % pa from Dec 1995 (Median) to 2016, with 16 observations. The data reached an all-time high of 8.660 % pa in 2012 and a record low of -6.090 % pa in 1995. PG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;
| Last | Frequency | Range |
|---|---|---|
| 4.04 2016 | yearly | 1995 - 2016 |