Bank credit to bank deposits in Papua New Guinea
Papua New Guinea: Bank credit to bank deposits was 57.7% in 2020. ▼ Falling
Bank credit to bank deposits in Papua New Guinea, 1973–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Papua New Guinea is 57.7%, measured in 2020.
Compared with earlier readings it is down 2.2% on the previous year and down 0.6% over ten years.
Over the whole period, bank credit to bank deposits in Papua New Guinea peaked at 103.2% in 1975 and was at its lowest, 43.2%, in 1996.
Papua New Guinea ranks 142nd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Bank credit to bank deposits in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 99.6% | — |
| 1974 | 62.6% | -37.1% |
| 1975 | 103.2% | +64.8% |
| 1976 | 69.1% | -33.1% |
| 1977 | 53.3% | -22.8% |
| 1978 | 55.4% | +3.9% |
| 1979 | 51.0% | -8.0% |
| 1980 | 73.5% | +44.2% |
| 1981 | 84.6% | +15.0% |
| 1982 | 89.7% | +6.0% |
| 1983 | 86.1% | -4.0% |
| 1984 | 87.5% | +1.6% |
| 1985 | 87.9% | +0.4% |
| 1986 | 89.9% | +2.3% |
| 1987 | 92.2% | +2.6% |
| 1988 | 94.3% | +2.3% |
| 1989 | 98.0% | +3.9% |
| 1990 | 93.5% | -4.6% |
| 1991 | 83.3% | -10.9% |
| 1992 | 69.2% | -17.0% |
| 1993 | 53.8% | -22.2% |
| 1994 | 60.5% | +12.4% |
| 1995 | 53.2% | -12.2% |
| 1996 | 43.2% | -18.7% |
| 1997 | 50.7% | +17.3% |
| 1998 | 64.4% | +27.0% |
| 1999 | 59.3% | -7.9% |
| 2000 | 59.1% | -0.3% |
| 2001 | 55.8% | -5.7% |
| 2002 | 54.1% | -3.1% |
| 2003 | 56.4% | +4.2% |
| 2004 | 48.9% | -13.2% |
| 2005 | 46.0% | -6.0% |
| 2006 | 44.8% | -2.7% |
| 2007 | 47.2% | +5.4% |
| 2008 | 58.7% | +24.5% |
| 2009 | 53.5% | -9.0% |
| 2010 | 58.0% | +8.5% |
| 2011 | 53.5% | -7.8% |
| 2012 | 53.6% | +0.2% |
| 2013 | 59.1% | +10.2% |
| 2014 | 59.4% | +0.4% |
| 2015 | 56.6% | -4.6% |
| 2016 | 54.5% | -3.7% |
| 2017 | 52.9% | -2.9% |
| 2018 | 59.5% | +12.4% |
| 2019 | 59.0% | -0.9% |
| 2020 | 57.7% | -2.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 57.7% is below the median for lower middle income countries, which is 69.5%, 83% of the median. (46 countries reporting)
- Papua New Guinea's 57.7% is below the median for East Asia & Pacific, which is 77.0%, 75% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +64.8% | 62.6% | 103.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70.6% | 51.0% | 103.2% | 7 |
| 1980s | 88.4% | 73.5% | 98.0% | 10 |
| 1990s | 63.1% | 43.2% | 93.5% | 10 |
| 2000s | 52.4% | 44.8% | 59.1% | 10 |
| 2010s | 56.6% | 52.9% | 59.5% | 10 |
| 2020s | 57.7% | 57.7% | 57.7% | 1 |
Countries ranked near Papua New Guinea
More financial sector data for Papua New Guinea
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0743 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0543 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0743 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Papua New Guinea?
- Bank credit to bank deposits in Papua New Guinea was 57.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Papua New Guinea?
- The highest recorded value was 103.2% in 1975.
- What is the lowest bank credit to bank deposits recorded in Papua New Guinea?
- The lowest recorded value was 43.2% in 1996.
- How does Papua New Guinea rank for bank credit to bank deposits?
- Papua New Guinea ranks 142nd out of 186 countries with data for 2020.
- Is bank credit to bank deposits rising or falling in Papua New Guinea?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).