Bank net interest margin (%) in Australia
Australia: Bank net interest margin (%) was 1.7% in 2021. ▼ Falling
Bank net interest margin in Australia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Australia recorded 1.7% for bank net interest margin in 2021.
Compared with earlier readings it is up 4.0% on the previous year and down 20.0% over ten years.
Over the whole period, bank net interest margin in Australia peaked at 4.3% in 2006 and was at its lowest, 1.2%, in 2003.
That places Australia 136th out of 166 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Bank net interest margin (%) in Australia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.5% | — |
| 2001 | 1.8% | -29.6% |
| 2002 | 1.4% | -19.6% |
| 2003 | 1.2% | -20.0% |
| 2006 | 4.3% | +273.7% |
| 2007 | 2.3% | -47.4% |
| 2008 | 2.0% | -10.7% |
| 2009 | 2.0% | +0.3% |
| 2010 | 2.1% | +1.2% |
| 2011 | 2.1% | +2.0% |
| 2012 | 1.9% | -9.4% |
| 2013 | 1.9% | +0.4% |
| 2014 | 2.0% | +3.7% |
| 2015 | 1.6% | -21.4% |
| 2016 | 1.8% | +13.8% |
| 2017 | 1.7% | -2.3% |
| 2018 | 1.7% | -4.2% |
| 2019 | 1.6% | -5.9% |
| 2020 | 1.6% | +3.4% |
| 2021 | 1.7% | +4.0% |
Australia compared with similar countries
- Australia's 1.7% is below the median for high income countries, which is 1.9%, 87% of the median. (62 countries reporting)
- Australia's 1.7% is below the median for East Asia & Pacific, which is 2.0%, 82% of the median. (18 countries reporting)
Biggest year-on-year movements
Years where Bank net interest margin (%) in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +273.7% | 1.2% | 4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 1.2% | 4.3% | 8 |
| 2010s | 1.8% | 1.6% | 2.1% | 10 |
| 2020s | 1.6% | 1.6% | 1.7% | 2 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in Australia?
- Bank net interest margin in Australia was 1.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Australia?
- The highest recorded value was 4.3% in 2006.
- What is the lowest bank net interest margin recorded in Australia?
- The lowest recorded value was 1.2% in 2003.
- How does Australia rank for bank net interest margin?
- Australia ranks 136th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Australia?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.