Interest rate on bank loans reached 7.72% in 2021 in Papua New Guinea, according to the National Central Bank. This is 1.22% less than in the previous year.
Historically, interest rate on bank loans in Papua New Guinea reached an all time high of 18.9% in 1999 and an all time low of 7.72% in 2021.
Papua New Guinea has been ranked 49th within the group of 94 countries we follow in terms of interest rate on bank loans.
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