Banking - Australia



TopicValue
Commercial bank prime lending rate (%)6.2
Central bank discount rate (%)3
Value & RankThe Central bank discount rate of Australia is 3.00 (%) with a global rank of 108.
Australia compared to other CountriesThe Central bank discount rate of Australia is similar to that of Chile, Nicaragua, Malaysia, Lithuania, Gabon, Togo, Saudi Arabia, New Zealand, Korea, Thailand with a respective Central bank discount rate of 3.12, 3.00, 3.00, 3.00, 3.00, 2.50, 2.50, 2.50, 2.50, 2.25 (%) and a global rank of 103, 104, 105, 106, 107, 109, 110, 111, 112, 113.Australia since the end of the Great RecessionAustralia's Central bank discount rate had a negative growth (decline) of 8.54% since the end of the Great Recession
Central bank discount rate of Australia
Value & RankThe Commercial bank prime lending rate of Australia is 6.20 (%) with a global rank of 131.
Australia compared to other CountriesThe Commercial bank prime lending rate of Australia is similar to that of Saudi Arabia, Hungary, Macedonia, Morocco, Fiji, Portugal, Libya, Iraq, San Marino, Philippines with a respective Commercial bank prime lending rate of 6.70, 6.50, 6.40, 6.30, 6.20, 6.00, 6.00, 6.00, 5.92, 5.80 (%) and a global rank of 126, 127, 128, 129, 130, 132, 133, 134, 135, 136.Last 5 years averageAustralia had an average Commercial bank prime lending rate of 7.18 (%) in the last 5 years from (2008 to 2013).
Australia since the end of the Great RecessionAustralia's Commercial bank prime lending rate had a positive growth of 2.97% since the end of the Great Recession
Commercial bank prime lending rate of Australia
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Datasource: CIA - The World Factbook