Argentina vs Papua New Guinea: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Argentina
- Papua New Guinea
How they compare
Papua New Guinea currently reports 15.6% against 15.4% in Argentina, a difference of 0.2%.
The two have swapped places 10 times across 45 shared years of data; in 1973 it was Argentina ahead.
Argentina ranks 156th and Papua New Guinea ranks 153rd of 187 countries.
Across the 5 decades both report, Argentina averaged higher in 2 and Papua New Guinea in 3.
Head to head by decade
| Decade | Argentina | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.3% | 13.8% | 2.5% | Argentina |
| 1980s | 24.7% | 22.7% | 2.1% | Argentina |
| 1990s | 19.0% | 19.2% | 0.2% | Papua New Guinea |
| 2000s | 13.7% | 15.1% | 1.4% | Papua New Guinea |
| 2010s | 14.0% | 17.9% | 3.9% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Argentina or Papua New Guinea?
- Papua New Guinea, at 15.6% against 15.4% in Argentina as of 2020.
- What is the difference in private credit by deposit money banks to gdp between Argentina and Papua New Guinea?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Argentina and Papua New Guinea?
- 45 years are reported by both, from 1973 to 2017.
- How do Argentina and Papua New Guinea rank globally for private credit by deposit money banks to gdp?
- Argentina ranks 156th and Papua New Guinea ranks 153rd of 187 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).