Papua New Guinea vs Somalia: Broad money
Broad money over time
- Papua New Guinea
- Somalia
How they compare
Papua New Guinea currently reports 26.6% against 26.1% in Somalia, a difference of 0.5%.
Across all 17 years both countries report, Papua New Guinea has been ahead every year.
Papua New Guinea ranks 148th and Somalia ranks 150th of 167 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.6% | 23.4% | 5.2% | Papua New Guinea |
| 1980s | 32.9% | 18.2% | 14.7% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Papua New Guinea or Somalia?
- Papua New Guinea, at 26.6% against 26.1% in Somalia as of 2019.
- What is the difference in broad money between Papua New Guinea and Somalia?
- 0.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Somalia?
- 17 years are reported by both, from 1973 to 1989.
- How do Papua New Guinea and Somalia rank globally for broad money?
- Papua New Guinea ranks 148th and Somalia ranks 150th of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.