Money market Rate, Percent per annum in Australia
Australia: Money market Rate, Percent per annum was 1.17 in 2019. ◆ Volatile
Money market Rate, Percent per annum in Australia, 1976–2019
Source: International Monetary Fund.
Analysis
In 2019, money market rate, percent per annum in Australia stood at 1.17. That is the lowest value across all 44 years on record.
Compared with earlier readings it is down 21.9% on the previous year and down 64.2% over ten years.
Over the whole period, money market rate, percent per annum in Australia peaked at 17.25 in 1989 and was at its lowest, 1.17, in 2019.
That places Australia 78th out of 94 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money market Rate, Percent per annum in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 7.47 | — |
| 1977 | 8.64 | +15.7% |
| 1978 | 8.64 | +0.0% |
| 1979 | 9.05 | +4.8% |
| 1980 | 11.18 | +23.5% |
| 1981 | 13.82 | +23.6% |
| 1982 | 16.32 | +18.1% |
| 1983 | 11.25 | -31.1% |
| 1984 | 11.88 | +5.6% |
| 1985 | 15.75 | +32.6% |
| 1986 | 16.76 | +6.4% |
| 1987 | 13.52 | -19.4% |
| 1988 | 12.51 | -7.5% |
| 1989 | 17.25 | +37.9% |
| 1990 | 14.88 | -13.7% |
| 1991 | 10.53 | -29.2% |
| 1992 | 6.53 | -38.0% |
| 1993 | 5.15 | -21.3% |
| 1994 | 5.2 | +1.0% |
| 1995 | 7.5 | +44.2% |
| 1996 | 7.2 | -4.0% |
| 1997 | 5.5 | -23.5% |
| 1998 | 4.97 | -9.7% |
| 1999 | 4.78 | -3.9% |
| 2000 | 5.9 | +23.4% |
| 2001 | 5.06 | -14.3% |
| 2002 | 4.55 | -10.0% |
| 2003 | 4.81 | +5.7% |
| 2004 | 5.25 | +9.2% |
| 2005 | 5.46 | +4.0% |
| 2006 | 5.8 | +6.4% |
| 2007 | 6.39 | +10.0% |
| 2008 | 6.67 | +4.4% |
| 2009 | 3.28 | -50.9% |
| 2010 | 4.35 | +32.6% |
| 2011 | 4.69 | +8.0% |
| 2012 | 3.7 | -21.2% |
| 2013 | 2.74 | -25.9% |
| 2014 | 2.5 | -8.7% |
| 2015 | 2.11 | -15.6% |
| 2016 | 1.73 | -17.9% |
| 2017 | 1.5 | -13.4% |
| 2018 | 1.5 | +0.0% |
| 2019 | 1.17 | -21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.45 | 7.47 | 9.05 | 4 |
| 1980s | 14.03 | 11.18 | 17.25 | 10 |
| 1990s | 7.22 | 4.78 | 14.88 | 10 |
| 2000s | 5.32 | 3.28 | 6.67 | 10 |
| 2010s | 2.6 | 1.17 | 4.69 | 10 |
Countries ranked near Australia
More financial sector data for Australia
- Total reserves in months of imports, annual growth rate 17.18 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- 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)
Frequently asked questions
- What is money market rate, percent per annum in Australia?
- Money market rate, percent per annum in Australia was 1.17 in 2019, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Australia?
- The highest recorded value was 17.25 in 1989.
- What is the lowest money market rate, percent per annum recorded in Australia?
- The lowest recorded value was 1.17 in 2019.
- How does Australia rank for money market rate, percent per annum?
- Australia ranks 78th out of 94 countries with data for 2019.
- Is money market rate, percent per annum rising or falling in Australia?
- Over the last ten years it is down 64.2%. 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 Money market 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.