Australia: Lending interest rate

* indicates monthly or quarterly data series
 Australia

Interest rates on bank credit to the private sector

 Latest value 5.10
 Year 2019
 Measure percent
 Data availability 1960 - 2019
 Average 8.42
 Min - Max 5.00 - 16.46
 Source The World Bank
For that indicator, we provide data for Australia from 1960 to 2019. The average value for Australia during that period was 8.42 percent with a minimum of 5 percent in 1960 and a maximum of 16.46 percent in 1989. The latest value from 2019 is 5.1 percent. For comparison, the world average in 2019 based on 114 countries is 11.43 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Australia - Lending interest rate - Recent values chart

Historical chart
Australia - Lending interest rate - historical chart - 1960-2019




The lending interest rate in Australia shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

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 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 3.54 2019 interest rate points
 Bank cost to income ratio 54.07 2021 percent
 Non-performing loans 0.72 2022 percent
 Bank overhead cost 1.01 2021 percent
 Net interest margin 1.67 2021 percent
 Bank credit to deposits 118.62 2021 percent
 Regulatory capital to risk-weighted assets 17.56 2020 percent
 Return on assets 0.87 2021 percent
 Return on equity 13.48 2021 percent
 Banking system z-scores 14.15 2021 index points
 Liquid assets to deposits 32.70 2021 percent
 Banking system capital to assets 8.00 2020 percent
 Non-interest income to total income 24.53 2021 percent
 Lending interest rate 5.10 2019 percent
 Real interest rate 1.58 2019 percent
 Legal rights 11.00 2019 points
 Credit information sharing 8.00 2019 points
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