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

Interest rate on bank deposits reached 0.280% in 2021 in Papua New Guinea, according to the National Central Bank. This is 69.2% less than in the previous year.

Historically, interest rate on bank deposits in Papua New Guinea reached an all time high of 10.0% in 1981 and an all time low of 0.280% in 2021.

Papua New Guinea has been ranked 87th within the group of 96 countries we follow in terms of interest rate on bank deposits.