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Interest Rate on Bank Loans (Local Currency) fell 3.04% to 5.10% in Australia in 2019

Interest Rate on Bank Loans (Local Currency) (%), 2019
Banking | Australia | January 1, 2021
$2.99
Excel Sheet

Interest rate on bank loans fell 3.04% to 5.10% in Australia in 2019, according to the National Central Bank.

Historically, interest rate on bank loans in Australia reached an all time high of 16.5% in 1989 and an all time low of 5.00% in 1960.

Australia has been ranked 78th within the group of 92 countries we follow in terms of interest rate on bank loans, 32 places above the position seen 10 years ago.

Interest Rate on Bank Loans (Local Currency) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Australia % 5.95% 5.58% 5.42% 5.25% 5.26% ...
Cambodia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Indonesia % 12.6% 12.7% 11.9% 11.1% 10.5% ...
Malaysia % 4.59% 4.57% 4.53% 4.61% 4.93% ...
New Zealand % 5.80% 5.76% 5.02% 4.76% ... ... ...
Papua New Guinea % 9.38% 8.73% 8.37% 8.39% 9.08% ...
Philippines % 5.53% 5.58% 5.64% 5.63% 6.12% ...
Singapore % 5.35% 5.35% 5.35% 5.28% 5.33%
Thailand % 4.95% 4.73% 4.47% 4.42% 4.15% ...
Vietnam % 8.67% 7.12% 6.96% 7.07% 7.37%