Congo vs Papua New Guinea: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Congo
- Papua New Guinea
How they compare
Papua New Guinea currently reports 14.0% against 13.8% in Congo, a difference of 0.2%.
The two have swapped places 9 times across 51 shared years of data; in 1973 it was Congo ahead.
Congo ranks 157th and Papua New Guinea ranks 156th of 187 countries.
Across the 6 decades both report, Congo averaged higher in 1 and Papua New Guinea in 5.
Head to head by decade
| Decade | Congo | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.0% | 13.8% | 4.2% | Congo |
| 1980s | 20.0% | 22.7% | 2.7% | Papua New Guinea |
| 1990s | 10.8% | 19.2% | 8.4% | Papua New Guinea |
| 2000s | 3.4% | 15.1% | 11.7% | Papua New Guinea |
| 2010s | 11.5% | 17.3% | 5.8% | Papua New Guinea |
| 2020s | 14.0% | 14.2% | 0.2% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Congo or Papua New Guinea?
- Papua New Guinea, at 14.0% against 13.8% in Congo as of 2024.
- What is the difference in monetary sector credit to private sector between Congo and Papua New Guinea?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Congo and Papua New Guinea?
- 51 years are reported by both, from 1973 to 2023.
- How do Congo and Papua New Guinea rank globally for monetary sector credit to private sector?
- Congo ranks 157th and Papua New Guinea ranks 156th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.