Australia Bank Lending Interest Rate (2019)
Australia's Bank Lending Interest Rate: 5.1 % per annum in 2019, -0.2pp YoY. World Bank (FR.INR.LEND), 1970–2019.
Australia (2019)
5.1
% per annum
-0.2pp YoY
YoY Change
-0.2pp
percentage points
Trend
down
Series length
50
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 2019 | 5.1 | -0.2pp |
| 2018 | 5.3 | +0.1pp |
| 2017 | 5.2 | -0.2pp |
| 2016 | 5.4 | -0.2pp |
| 2015 | 5.6 | -0.4pp |
| 2014 | 6 | -0.2pp |
| 2013 | 6.2 | -0.8pp |
| 2012 | 7 | -0.7pp |
| 2011 | 7.7 | +0.4pp |
| 2010 | 7.3 | +1.3pp |
| 2009 | 6 | -2.9pp |
| 2008 | 8.9 | +0.7pp |
| 2007 | 8.2 | +0.6pp |
| 2006 | 7.6 | +0.3pp |
| 2005 | 7.3 | +0.3pp |
| 2004 | 7 | +0.4pp |
| 2003 | 6.6 | +0.2pp |
| 2002 | 6.4 | -0.4pp |
| 2001 | 6.8 | -0.9pp |
| 2000 | 7.7 | +1.2pp |
About this Dataset
Australia recorded 5.1 % per annum in 2019. The latest change was -0.2pp. Across 1970–2019 the series ranges from 5.1 in 2019 to 16.5 in 1989.
This page tracks the prime or benchmark bank lending rate in Australia from 1990 to present. Lending rates directly affect the cost of corporate borrowing and investment activity.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the prime or benchmark bank lending rate in Australia from 1990 to present. Lending rates directly affect the cost of corporate borrowing and investment activity. It is published by World Bank and updated annually.
The most recent observation covers 2019. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1970–2019 (50 observations).
The series peaked at 16.5 % per annum in 1989 and reached its lowest recorded value of 5.1 in 2019. The latest reading of 5.1 in 2019 represents a change of -0.2pp.