Real interest rate reached 13.3% in 2023 in Papua New Guinea, according to the National Statistical Office. This is 317% more than in the previous year.
Historically, real interest rate in Papua New Guinea reached an all time high of 17.6% in 1989 and an all time low of -31.1% in 2006.
Papua New Guinea has been ranked 12th within the group of 78 countries we follow in terms of real interest rate.
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