Monetary policy-related, Rate, Percent per annum in Australia
Australia: Monetary policy-related, Rate, Percent per annum was 4.35 in 2024. ◆ Volatile
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% |
Australia compared with similar countries
- Australia's 4.35 is above the median for high income countries, which is 4, 1.1× the median. (24 countries reporting)
- Australia's 4.35 is above the median for East Asia & Pacific, which is 3.38, 1.3× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Monetary policy-related, Rate, Percent per annum 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 |
|---|---|---|---|
| 2022 | +3000.0% | 0.1 | 3.1 |
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
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 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.
Download this data
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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.