Madagascar vs Papua New Guinea: Private credit by deposit money banks to GDP

Madagascar
17.4%
in 2021
Papua New Guinea
15.6%
in 2020
Madagascar rank
152nd
Papua New Guinea rank
153rd

Private credit by deposit money banks to GDP over time

  • Madagascar
  • Papua New Guinea
51015202530196219912021

How they compare

Madagascar currently reports 17.4% against 15.6% in Papua New Guinea, a difference of 1.8%.

That makes Madagascar's figure about 1.1 times Papua New Guinea's.

The two have swapped places 3 times across 48 shared years of data; in 1973 it was Madagascar ahead.

Madagascar ranks 152nd and Papua New Guinea ranks 153rd of 187 countries.

Across the 6 decades both report, Madagascar averaged higher in 1 and Papua New Guinea in 5.

Head to head by decade

Decade Madagascar Papua New Guinea Difference Ahead
1970s 14.7% 13.8% 0.9% Madagascar
1980s 13.2% 22.7% 9.5% Papua New Guinea
1990s 10.7% 19.2% 8.5% Papua New Guinea
2000s 8.3% 15.1% 6.8% Papua New Guinea
2010s 11.2% 17.3% 6.1% Papua New Guinea
2020s 15.6% 15.6% 0.0% 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, Madagascar or Papua New Guinea?
Madagascar, at 17.4% against 15.6% in Papua New Guinea as of 2021.
What is the difference in private credit by deposit money banks to gdp between Madagascar and Papua New Guinea?
1.8%, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Papua New Guinea?
48 years are reported by both, from 1973 to 2020.
How do Madagascar and Papua New Guinea rank globally for private credit by deposit money banks to gdp?
Madagascar ranks 152nd 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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Madagascar vs Papua New Guinea: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/madagascar/papua-new-guinea/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

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).