Papua New Guinea vs Tonga: Claims on private sector
Claims on private sector over time
- Papua New Guinea
- Tonga
How they compare
Papua New Guinea currently reports 2.2% against 2.1% in Tonga, a difference of 0.1%.
The two have swapped places 11 times across 31 shared years of data; in 1990 it was Tonga ahead.
Papua New Guinea ranks 124th and Tonga ranks 125th of 167 countries.
Across the 4 decades both report, Papua New Guinea averaged higher in 2 and Tonga in 2.
Head to head by decade
| Decade | Papua New Guinea | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.6% | 10.1% | 7.4% | Tonga |
| 2000s | 6.8% | 11.4% | 4.6% | Tonga |
| 2010s | 4.0% | 1.9% | 2.1% | Papua New Guinea |
| 2020s | 2.2% | 0.6% | 1.6% | 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 Tonga?
- Papua New Guinea, at 2.2% against 2.1% in Tonga as of 2020.
- What is the difference in claims on private sector between Papua New Guinea and Tonga?
- 0.1%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Tonga?
- 31 years are reported by both, from 1990 to 2020.
- How do Papua New Guinea and Tonga rank globally for claims on private sector?
- Papua New Guinea ranks 124th and Tonga ranks 125th 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.