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Cost of moneyPapua New Guinea

Deposit rate in Papua New Guinea

What does parked money earn there?

Papua New Guinea's deposit rate is 0.26 % #66 of 70 countries on the atlas (higher is better). Period 2024.

0.26%

Checked 22 Sept 2026Period 2024

Source: IMF International Financial Statistics

Deposit rate in Papua New Guinea over time

8.46 %4.35 %0.25 %8.46 % · 20000.25 % · 20221983: 6.29 %1984: 5.36 %1985: 6.25 %1986: 7.57 %1987: 6.33 %1988: 6.11 %1989: 5.42 %1990: 5.71 %1991: 5.97 %1992: 5.18 %1993: 3.32 %1994: 3.35 %1995: 7.29 %1996: 7.13 %1997: 4.13 %1998: 8.36 %1999: 8.13 %2000: 8.46 %2001: 5.46 %2002: 3.18 %2003: 4.38 %2004: 1.73 %2005: 0.85 %2006: 0.98 %2007: 1.06 %2008: 1.31 %2009: 2.32 %2010: 1.38 %2011: 0.92 %2012: 0.49 %2013: 0.33 %2014: 0.33 %2015: 0.42 %2016: 0.65 %2017: 0.52 %2018: 0.68 %2019: 0.88 %2020: 0.89 %2021: 0.45 %2022: 0.25 %2023: 0.33 %2024: 0.26 %1983200320240.26 %
42 official observations, 19832024. Every point is a published value — never interpolated.
Rank
#66 of 70
higher is better
Ranked behind
6 %
4 of 70 countries
Latest move
▼ 0.07 pp
since 2023
Below its peak
8.20 pp
peak 8.46 % in 2000
Full series
▼ 6.03 pp
since 1983

vs median 4.96 %: −4.71 pp (worse)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Papua New Guinea: ahead of 6 % of the 70 countries with a published deposit ratePapua New Guinea 0.26 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Papua New Guinea is ahead of 6 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Papua New Guinea
64 Brunei0.31 %+0.05 pp
65 Montenegro0.27 %+0.01 pp
66 Papua New Guinea0.26 %
67 Bulgaria0.25 %−0.01 pp
68 Hong Kong0.20 %−0.06 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Papua New Guinea

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Papua New Guinea with another country →Everything about Papua New Guinea
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