Papua New Guinea vs Solomon Islands: Claims on private sector
Claims on private sector over time
- Papua New Guinea
- Solomon Islands
How they compare
Solomon Islands currently reports 2.3% against 2.2% in Papua New Guinea, a difference of 0.1%.
That makes Solomon Islands's figure about 1.1 times Papua New Guinea's.
The two have swapped places 17 times across 42 shared years of data; in 1979 it was Solomon Islands ahead.
Papua New Guinea ranks 124th and Solomon Islands ranks 123rd of 167 countries.
Across the 6 decades both report, Papua New Guinea averaged higher in 2 and Solomon Islands in 4.
Head to head by decade
| Decade | Papua New Guinea | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.8% | 27.3% | 20.4% | Solomon Islands |
| 1980s | 9.5% | 11.3% | 1.8% | Solomon Islands |
| 1990s | 2.6% | 2.7% | 0.1% | Solomon Islands |
| 2000s | 6.8% | 10.6% | 3.8% | Solomon Islands |
| 2010s | 4.0% | 3.6% | 0.3% | Papua New Guinea |
| 2020s | 2.2% | 0.1% | 2.0% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher claims on private sector, Papua New Guinea or Solomon Islands?
- Solomon Islands, at 2.3% against 2.2% in Papua New Guinea as of 2024.
- What is the difference in claims on private sector between Papua New Guinea and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Papua New Guinea and Solomon Islands?
- 42 years are reported by both, from 1979 to 2020.
- How do Papua New Guinea and Solomon Islands rank globally for claims on private sector?
- Papua New Guinea ranks 124th and Solomon Islands ranks 123rd of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Claims on private sector (annual growth as % of broad money). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. 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 represents the annual percentage growth in the ratio of claims to broad money.