Lending interest rate in Australia
Australia: Lending interest rate was 5.1% in 2019. ▼ Falling
Lending interest rate in Australia, 1960–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Australia recorded 5.1% for lending interest rate in 2019.
That represents a change of down 3.0% on the previous year and down 15.3% over ten years.
Over the whole period, lending interest rate in Australia peaked at 16.5% in 1989 and was at its lowest, 5.0%, in 1960.
Australia ranks 123rd of 148 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.4% | 5.0% | 5.9% | 10 |
| 1970s | 8.6% | 6.9% | 10.3% | 10 |
| 1980s | 13.2% | 10.0% | 16.5% | 10 |
| 1990s | 10.0% | 6.6% | 16.4% | 10 |
| 2000s | 7.3% | 6.0% | 8.9% | 10 |
| 2010s | 6.1% | 5.1% | 7.7% | 10 |
Countries ranked near Australia
More financial sector data for Australia
- Net migration 137,109 (2025)
- Total reserves in months of imports 1.58 (2025)
- Net domestic credit 5.96 trillion current LCU (2025)
- Domestic credit to private sector by banks 133.8% (2025)
- Net foreign assets -136.13 billion current LCU (2025)
- Claims on central government, etc. 8.0% (2025)
- Monetary Sector credit to private sector 133.8% (2025)
- Domestic credit to private sector 133.8% (2025)
- Broad money 133.1% (2025)
- Official exchange rate 1.55 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Australia?
- Lending interest rate in Australia was 5.1% in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Australia?
- The highest recorded value was 16.5% in 1989.
- What is the lowest lending interest rate recorded in Australia?
- The lowest recorded value was 5.0% in 1960.
- How does Australia rank for lending interest rate?
- Australia ranks 123rd out of 148 countries with data for 2019.
- Is lending interest rate rising or falling in Australia?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.