Barbados vs Papua New Guinea: Interest rate spread
Barbados
7.9%
in 2022
Papua New Guinea
8.0%
in 2024
Barbados rank
31st
Papua New Guinea rank
30th
Interest rate spread over time
- Barbados
- Papua New Guinea
How they compare
Papua New Guinea currently reports 8.0% against 7.9% in Barbados, a difference of 0.1%.
The two have swapped places 5 times across 40 shared years of data; in 1983 it was Papua New Guinea ahead.
Barbados ranks 31st and Papua New Guinea ranks 30th of 141 countries.
Across the 5 decades both report, Barbados averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | Barbados | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.1% | 6.0% | 0.9% | Papua New Guinea |
| 1990s | 5.3% | 8.0% | 2.7% | Papua New Guinea |
| 2000s | 5.8% | 9.6% | 3.8% | Papua New Guinea |
| 2010s | 6.8% | 8.8% | 2.0% | Papua New Guinea |
| 2020s | 7.9% | 7.2% | 0.7% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Barbados or Papua New Guinea?
- Papua New Guinea, at 8.0% against 7.9% in Barbados as of 2024.
- What is the difference in interest rate spread between Barbados and Papua New Guinea?
- 0.1%, with Papua New Guinea ahead.
- How many years of comparable data are there for Barbados and Papua New Guinea?
- 40 years are reported by both, from 1983 to 2022.
- How do Barbados and Papua New Guinea rank globally for interest rate spread?
- Barbados ranks 31st and Papua New Guinea ranks 30th of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.