The benchmark interest rate in Papua New Guinea was last recorded at 6.25 percent. Interest Rate in Papua New Guinea averaged 7.94 percent from 2001 until 2018, reaching an all time high of 16 percent in June of 2003 and a record low of 6 percent in September of 2005.

Interest Rate in Papua New Guinea is expected to be 6.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Papua New Guinea to stand at 6.25 in 12 months time. In the long-term, the Papua New Guinea Interest Rate is projected to trend around 6.25 percent in 2020, according to our econometric models.

Papua New Guinea Interest Rate
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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 0.60 0.40 11.49 0.33 percent [+]
Loan Growth 8.30 6.50 17.70 -5.10 percent [+]
Foreign Exchange Reserves 1666.70 1734.60 3064.00 1609.20 USD Million [+]


Papua New Guinea Interest Rate

In Papua New Guinea, the benchmark interest rate is set by the Bank of Papua New Guinea. The official interest rate is the Kina Facility Rate. This page provides - Papua New Guinea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.25 6.25 16.00 6.00 2001 - 2018 percent Daily




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
South Africa 6.75 Nov/18
Brazil 6.50 Oct/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Nov/18
France 0.00 Nov/18
Germany 0.00 Nov/18
Italy 0.00 Nov/18
Netherlands 0.00 Nov/18
Spain 0.00 Nov/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18


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