Vanuatu: Mortgage credit interest rate

* indicates monthly or quarterly data series
 Vanuatu

Mortgage credit interest rate, percent

 Latest value 16.25
 Reference Q3 2023
 Measure percent
 Data availability Q1 2003 - Q3 2023
 Average 15.84
 Min - Max 10.8 - 20.55
 Source Reserve Bank of Vanuatu
For that indicator, we provide data for Vanuatu from Q1 2003 to Q3 2023. The average value for Vanuatu during that period was 15.84 percent with a minimum of 10.8 percent in Q1 2013 and a maximum of 20.55 percent in Q2 2018. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Vanuatu - Mortgage credit interest rate - recent values

Historical chart
Vanuatu - Mortgage credit interest rate - historical chart - 2003-2023
Measure: percent
Source: Reserve Bank of Vanuatu


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest value Reference Measure
 Inflation 7.1 2022 percent
 Exchange rate regimes 6 2021 index points
 USD exchange rate 107.3152 9/2017 Local Currency Units per USD
 Money supply (broad money) 114.12 9/2023 billion
 Consumer Price Index (CPI) 209.0000 Q3/2023 index points
 Inflation, monthly 3.01 Q3/2023 percent
 Inflation, annual 12.06 Q3/2023 percent
 Private sector credit 64.84 9/2023 billion
 Business credit 26.70 9/2023 billion
 Household credit 38.15 9/2023 billion
 Deposit interest rate 1.65 Q3/2023 percent
 Business credit interest rate 14.95 Q3/2023 percent
 Mortgage credit interest rate 16.25 Q3/2023 percent
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