Papua New Guinea—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #6 of 112Updated April 2026
Latest Value
13.3%
2023
YoY Change
+316.7%
2022 → 2023
Global Rank
#6
of 112 countries
Maximum
15.7%
2009
Minimum
-31.1%
2006
CAGR
+5.4%
24 years
Last
13.3%
Previous
-6.1%
Highest
15.7%
Lowest
-31.1%
Source
World Bank World Development Indicators
Papua New Guinea's real interest rate (%) was 13.3% in 2023, ranking #6 out of 112 countries. This represents a +316.7% change from 2022. Over the past 24 years, the highest recorded value was 15.7% (2009) and the lowest was -31.1% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 13.3% | +316.7% |
| 2022 | -6.1% | -72.7% |
| 2021 | -3.5% | -159.3% |
| 2020 | 6.0% | -20.5% |
| 2019 | 7.5% | +1240.9% |
| 2018 | -0.7% | -202.9% |
| 2017 | 0.6% | -88.8% |
| 2016 | 5.7% | -43.4% |
| 2015 | 10.1% | +170.1% |
| 2014 | 3.7% | -40.9% |
| 2013 | 6.3% | -44.9% |
| 2012 | 11.5% | +531.2% |
| 2011 | 1.8% | +277.3% |
| 2010 | 0.5% | -96.9% |
| 2009 | 15.7% | +812.0% |
| 2008 | -2.2% | -132.5% |
| 2007 | 6.8% | +121.8% |
| 2006 | -31.1% | -4794.5% |
| 2005 | -0.6% | -104.1% |
| 2004 | 15.6% | +110.0% |
| 2003 | 7.4% | +420.2% |
| 2002 | 1.4% | -83.6% |
| 2001 | 8.7% | +121.4% |
| 2000 | 3.9% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |