Europe & Central Asia (excluding high income) vs Papua New Guinea: Interest rate spread
Interest rate spread over time
- Europe & Central Asia (excluding high income)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 8.0% against 5.2% in Europe & Central Asia (excluding high income), a difference of 2.8%.
That makes Papua New Guinea's figure about 1.5 times Europe & Central Asia (excluding high income)'s.
Across all 23 years both countries report, Papua New Guinea has been ahead every year.
Europe & Central Asia (excluding high income) ranks 29th and Papua New Guinea ranks 30th of 40 groups.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.3% | 9.5% | 2.2% | Papua New Guinea |
| 2010s | 5.8% | 8.8% | 3.0% | Papua New Guinea |
| 2020s | 4.7% | 7.6% | 2.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Europe & Central Asia (excluding high income) or Papua New Guinea?
- Papua New Guinea, at 8.0% against 5.2% in Europe & Central Asia (excluding high income) as of 2024.
- What is the difference in interest rate spread between Europe & Central Asia (excluding high income) and Papua New Guinea?
- 2.8%, with Papua New Guinea ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Papua New Guinea?
- 23 years are reported by both, from 2002 to 2024.
- How do Europe & Central Asia (excluding high income) and Papua New Guinea rank globally for interest rate spread?
- Europe & Central Asia (excluding high income) ranks 29th and Papua New Guinea ranks 30th of 40 groups.
- 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.