Monetary policy-related, Rate, Percent per annum in Australia
Australia: Monetary policy-related, Rate, Percent per annum was 4.35 in 2024. ◆ Volatile
Latest (2024)
4.35
Change on year
unchanged
World rank
46th
of 80 countries
All-time high
19
in 1985
All-time low
0.1
in 2020
Years of data
55
1970–2024
Monetary policy-related, Rate, Percent per annum in Australia, 1970–2024
Source: International Monetary Fund.
Analysis
Australia recorded 4.35 for monetary policy-related, rate, percent per annum in 2024.
That represents a change of up 74.0% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Australia peaked at 19 in 1985 and was at its lowest, 0.1, in 2020.
Australia ranks 46th of 80 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary policy-related, Rate, Percent per annum in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 6.3 | — |
| 1971 | 5.7 | -9.5% |
| 1972 | 4.4 | -22.8% |
| 1973 | 8.3 | +88.6% |
| 1974 | 9 | +8.4% |
| 1975 | 8.4 | -6.7% |
| 1976 | 10 | +19.0% |
| 1977 | 9.6 | -4.0% |
| 1978 | 9.1 | -5.2% |
| 1979 | 9.8 | +7.7% |
| 1980 | 12 | +22.4% |
| 1981 | 13.8 | +15.0% |
| 1982 | 11.7 | -15.2% |
| 1983 | 9.5 | -18.8% |
| 1984 | 12.7 | +33.7% |
| 1985 | 19 | +49.6% |
| 1986 | 17.2 | -9.5% |
| 1987 | 12.5 | -27.3% |
| 1988 | 15 | +20.0% |
| 1989 | 18 | +20.0% |
| 1990 | 12 | -33.3% |
| 1991 | 8.5 | -29.2% |
| 1992 | 5.75 | -32.4% |
| 1993 | 4.75 | -17.4% |
| 1994 | 7.5 | +57.9% |
| 1995 | 7.5 | +0.0% |
| 1996 | 6 | -20.0% |
| 1997 | 5 | -16.7% |
| 1998 | 4.75 | -5.0% |
| 1999 | 5 | +5.3% |
| 2000 | 6.25 | +25.0% |
| 2001 | 4.25 | -32.0% |
| 2002 | 4.75 | +11.8% |
| 2003 | 5.25 | +10.5% |
| 2004 | 5.25 | +0.0% |
| 2005 | 5.5 | +4.8% |
| 2006 | 6.25 | +13.6% |
| 2007 | 6.75 | +8.0% |
| 2008 | 4.25 | -37.0% |
| 2009 | 3.75 | -11.8% |
| 2010 | 4.75 | +26.7% |
| 2011 | 4.25 | -10.5% |
| 2012 | 3 | -29.4% |
| 2013 | 2.5 | -16.7% |
| 2014 | 2.5 | +0.0% |
| 2015 | 2 | -20.0% |
| 2016 | 1.5 | -25.0% |
| 2017 | 1.5 | +0.0% |
| 2018 | 1.5 | +0.0% |
| 2019 | 0.75 | -50.0% |
| 2020 | 0.1 | -86.7% |
| 2021 | 0.1 | +0.0% |
| 2022 | 3.1 | +3000.0% |
| 2023 | 4.35 | +40.3% |
| 2024 | 4.35 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.06 | 4.4 | 10 | 10 |
| 1980s | 14.14 | 9.5 | 19 | 10 |
| 1990s | 6.67 | 4.75 | 12 | 10 |
| 2000s | 5.22 | 3.75 | 6.75 | 10 |
| 2010s | 2.42 | 0.75 | 4.75 | 10 |
| 2020s | 2.4 | 0.1 | 4.35 | 5 |
Countries ranked near Australia
- 45 United States of America 4.38 compare
- 46 Qatar 4.35 compare
- 48 Bangladesh 4 compare
- 48 Bahamas 4 compare
- 48 Hong Kong (China) 4 compare
- 48 Iraq 4 compare
- 48 Norway 4 compare
- 48 Papua New Guinea 4 compare
- 48 Poland 4 compare
More financial sector data for Australia
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0183 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,189 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 8.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,642 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 14.51 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.5 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves (gold at national valuation) 53.03 billion SDR (2025)
Frequently asked questions
- What is monetary policy-related, rate, percent per annum in Australia?
- Monetary policy-related, rate, percent per annum in Australia was 4.35 in 2024, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Australia?
- The highest recorded value was 19 in 1985.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Australia?
- The lowest recorded value was 0.1 in 2020.
- How does Australia rank for monetary policy-related, rate, percent per annum?
- Australia ranks 46th out of 80 countries with data for 2024.
- Is monetary policy-related, rate, percent per annum rising or falling in Australia?
- Over the last ten years it is up 74.0%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Monetary policy-related, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.