Papua New Guinea - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Papua New Guinea was 7.77 as of 2019. As the graph below shows, over the past 36 years this indicator reached a maximum value of 11.53 in 2004 and a minimum value of 4.76 in 1986.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1983 5.29
1984 5.28
1985 5.29
1986 4.76
1987 5.61
1988 6.57
1989 9.20
1990 9.81
1991 8.20
1992 9.36
1993 7.97
1994 5.81
1995 5.85
1996 6.17
1997 6.32
1998 9.34
1999 10.77
2000 9.08
2001 10.74
2002 10.71
2003 8.98
2004 11.53
2005 10.62
2006 9.59
2007 8.72
2008 7.88
2009 7.77
2010 9.06
2011 9.89
2012 10.33
2013 9.80
2014 9.04
2015 8.31
2016 7.73
2017 7.87
2018 8.40
2019 7.77

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates