Papua New Guinea vs Peru: Interest rate spread
Papua New Guinea
8.0%
in 2024
Peru
7.8%
in 2022
Papua New Guinea rank
30th
Peru rank
33rd
Interest rate spread over time
- Papua New Guinea
- Peru
How they compare
Papua New Guinea currently reports 8.0% against 7.8% in Peru, a difference of 0.2%.
The two have swapped places 1 time across 35 shared years of data; in 1988 it was Papua New Guinea ahead.
Papua New Guinea ranks 30th and Peru ranks 33rd of 141 countries.
Peru has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 7.9% | 105.3% | 97.4% | Peru |
| 1990s | 8.0% | 258.1% | 250.2% | Peru |
| 2000s | 9.6% | 18.1% | 8.6% | Peru |
| 2010s | 8.8% | 13.2% | 4.3% | Peru |
| 2020s | 7.2% | 9.7% | 2.5% | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Papua New Guinea or Peru?
- Papua New Guinea, at 8.0% against 7.8% in Peru as of 2024.
- What is the difference in interest rate spread between Papua New Guinea and Peru?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Peru?
- 35 years are reported by both, from 1988 to 2022.
- How do Papua New Guinea and Peru rank globally for interest rate spread?
- Papua New Guinea ranks 30th and Peru ranks 33rd 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.