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Interest Rate on Bank Deposits (Local Currency) in Papua New Guinea

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 0.420% in third quarter of 2015 in Papua New Guinea, according to the National Central Bank. This is 9.57% more than in the previous quarter.

Historically, interest rate on bank deposits in Papua New Guinea reached an all time high of 9.80% in 3Q1998 and an all time low of 0.293% in 2Q2014.

Papua New Guinea has been ranked 91st within the group of 102 countries we follow in terms of interest rate on bank deposits.

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