Bank Interest Rate Spread Statistics in Papua New Guinea (2026)
Papua New Guinea recorded the bank interest rate spread of 8 percentage points in 2024, World Bank World Development Indicators data show. Essentially no change from 8.1 percentage points in 2023 to 8 percentage points in 2024. Papua New Guinea ranks #16 of 20 economies in East Asia & Pacific on this measure, and #84 of 105 globally.
Key Statistics
- Latest value (2024)
- 8 percentage points (2024)
- Bank Interest Rate Spread in Papua New Guinea as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 8.1 percentage points in 2023 to 8 percentage points in 2024.
- Earliest value in this dataset (1990)
- 9.8 percentage points (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 9.8 percentage points in 1990 to 8 percentage points in 2024.
- Peak value (2004)
- 11.5 percentage points (2004)
- Highest value in the available series; the 2024 value is 8 percentage points.
- Rank in East Asia & Pacific (lower is better; rank 1 = lowest)
- #16 of 20 (2024)
- Papua New Guinea ranks 16 of 20 countries in East Asia & Pacific with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #84 of 105 (2024)
- Papua New Guinea ranks 84 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- East Asia & Pacific average
- 5.8 percentage points (2024)
- Papua New Guinea (8 percentage points) is above the average of 5.8 percentage points across the 20 countries in East Asia & Pacific with data.
- Lending interest rate (%) (2024)
- 8.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 0.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Papua New Guinea (2024)
- 18.8% (2024)
- 18.8% of the population in Papua New Guinea used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 10.6 million (2024)
- Papua New Guinea had a population of 10.6 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 8 | −0.3% |
| 2023 | 8.1 | +4.0% |
| 2022 | 7.7 | +7.6% |
| 2021 | 7.2 | +5.7% |
| 2020 | 6.8 | −12.4% |
| 2019 | 7.8 | −7.4% |
| 2018 | 8.4 | +6.6% |
| 2017 | 7.9 | +1.8% |
| 2016 | 7.7 | −7.0% |
| 2015 | 8.3 | −8.1% |
| 2014 | 9 | −7.7% |
| 2013 | 9.8 | −5.1% |
| 2012 | 10.3 | +4.5% |
| 2011 | 9.9 | +9.1% |
| 2010 | 9.1 | +16.6% |
| 2009 | 7.8 | −1.4% |
| 2008 | 7.9 | −9.6% |
| 2007 | 8.7 | −9.1% |
| 2006 | 9.6 | −9.7% |
| 2005 | 10.6 | −7.9% |
| 2004 | 11.5 | +28.3% |
| 2003 | 9 | −16.1% |
| 2002 | 10.7 | −0.4% |
| 2001 | 10.7 | +18.3% |
| 2000 | 9.1 | −15.6% |
| 1999 | 10.8 | +15.3% |
| 1998 | 9.3 | +47.8% |
| 1997 | 6.3 | +2.4% |
| 1996 | 6.2 | +5.6% |
| 1995 | 5.8 | +0.7% |
| 1994 | 5.8 | −27.1% |
| 1993 | 8 | −14.8% |
| 1992 | 9.4 | +14.2% |
| 1991 | 8.2 | −16.4% |
| 1990 | 9.8 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Papua New Guinea?
The bank interest rate spread in Papua New Guinea stood at 8 percentage points in 2024, according to World Bank World Development Indicators data.
Where does Papua New Guinea rank globally on bank interest rate spread?
Papua New Guinea ranks 84 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Papua New Guinea peak?
The highest value in the available series was 11.5 percentage points in 2004; the latest (2024) value is 8 percentage points.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .