Costs of bank liabilities fell 7.91% to 1.87% in Australia in 2016, according to the National Central Bank.
Historically, costs of bank liabilities in Australia reached an all time high of 5.28% in 2008 and an all time low of 1.87% in 2016.
Australia has been ranked 35th within the group of 84 countries we follow in terms of costs of bank liabilities, 24 places below the position seen 10 years ago.
Costs of Bank Liabilities | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Australia | % | ... | ... | ... | ... | ... | 2.33% | 2.03% | 1.87% | 1.98% | 2.10% | |||||||||||
Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.02% | 3.00% | 3.33% | 3.49% | 3.11% | |||||
Indonesia | % | ... | ... | ... | ... | ... | ... | 6.38% | 6.66% | 6.18% | 6.07% | 5.62% | ||||||||||
Malaysia | % | ... | ... | ... | ... | ... | ... | 2.41% | 2.58% | 2.62% | 2.56% | 2.77% | ||||||||||
New Zealand | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.553% | 0.612% | 0.724% | 0.728% | 0.814% | ||||||
Philippines | % | 0.963% | 1.02% | 1.01% | 1.01% | 1.38% | ||||||||||||||||
Singapore | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 2.06% | 1.89% | 1.55% | 1.44% | 1.44% | ||||||||||||||||
Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.65% | 3.91% | 4.03% | 4.13% | 4.31% |