Broad money (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Broad money (current LCU), per unit of GDP was 0.9015 current LCU per US$ of GDP in 2019. ◆ Volatile
Broad money (current LCU), per unit of GDP in Papua New Guinea, 1973–2019
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2019, broad money (current lcu), per unit of gdp in Papua New Guinea stood at 0.9015 current LCU per US$ of GDP.
Compared with earlier readings it is up 1.7% on the previous year and down 11.4% over ten years.
Over the whole period, broad money (current lcu), per unit of gdp in Papua New Guinea peaked at 1.19 current LCU per US$ of GDP in 2002 and was at its lowest, 0.1506 current LCU per US$ of GDP, in 1973.
That places Papua New Guinea 148th out of 166 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.1506 current LCU per US$ of GDP | — |
| 1974 | 0.2181 current LCU per US$ of GDP | +44.8% |
| 1975 | 0.1809 current LCU per US$ of GDP | -17.0% |
| 1976 | 0.1838 current LCU per US$ of GDP | +1.6% |
| 1977 | 0.2611 current LCU per US$ of GDP | +42.1% |
| 1978 | 0.2305 current LCU per US$ of GDP | -11.7% |
| 1979 | 0.2492 current LCU per US$ of GDP | +8.1% |
| 1980 | 0.2173 current LCU per US$ of GDP | -12.8% |
| 1981 | 0.2221 current LCU per US$ of GDP | +2.2% |
| 1982 | 0.2397 current LCU per US$ of GDP | +8.0% |
| 1983 | 0.2537 current LCU per US$ of GDP | +5.8% |
| 1984 | 0.293 current LCU per US$ of GDP | +15.5% |
| 1985 | 0.3384 current LCU per US$ of GDP | +15.5% |
| 1986 | 0.3508 current LCU per US$ of GDP | +3.7% |
| 1987 | 0.3 current LCU per US$ of GDP | -14.5% |
| 1988 | 0.2694 current LCU per US$ of GDP | -10.2% |
| 1989 | 0.2925 current LCU per US$ of GDP | +8.6% |
| 1990 | 0.3359 current LCU per US$ of GDP | +14.8% |
| 1991 | 0.336 current LCU per US$ of GDP | +0.0% |
| 1992 | 0.327 current LCU per US$ of GDP | -2.7% |
| 1993 | 0.339 current LCU per US$ of GDP | +3.7% |
| 1994 | 0.3025 current LCU per US$ of GDP | -10.8% |
| 1995 | 0.4085 current LCU per US$ of GDP | +35.0% |
| 1996 | 0.4802 current LCU per US$ of GDP | +17.6% |
| 1997 | 0.5401 current LCU per US$ of GDP | +12.5% |
| 1998 | 0.7209 current LCU per US$ of GDP | +33.5% |
| 1999 | 0.8577 current LCU per US$ of GDP | +19.0% |
| 2000 | 0.8894 current LCU per US$ of GDP | +3.7% |
| 2001 | 1.08 current LCU per US$ of GDP | +21.4% |
| 2002 | 1.19 current LCU per US$ of GDP | +10.2% |
| 2003 | 0.9644 current LCU per US$ of GDP | -19.0% |
| 2004 | 0.9969 current LCU per US$ of GDP | +3.4% |
| 2005 | 1.04 current LCU per US$ of GDP | +4.5% |
| 2006 | 0.8426 current LCU per US$ of GDP | -19.1% |
| 2007 | 0.9424 current LCU per US$ of GDP | +11.8% |
| 2008 | 0.8312 current LCU per US$ of GDP | -11.8% |
| 2009 | 1.02 current LCU per US$ of GDP | +22.4% |
| 2010 | 0.9146 current LCU per US$ of GDP | -10.1% |
| 2011 | 0.8503 current LCU per US$ of GDP | -7.0% |
| 2012 | 0.7967 current LCU per US$ of GDP | -6.3% |
| 2013 | 0.8515 current LCU per US$ of GDP | +6.9% |
| 2014 | 0.8064 current LCU per US$ of GDP | -5.3% |
| 2015 | 0.9307 current LCU per US$ of GDP | +15.4% |
| 2016 | 1.08 current LCU per US$ of GDP | +16.0% |
| 2017 | 0.9765 current LCU per US$ of GDP | -9.6% |
| 2018 | 0.8863 current LCU per US$ of GDP | -9.2% |
| 2019 | 0.9015 current LCU per US$ of GDP | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2106 current LCU per US$ of GDP | 0.1506 current LCU per US$ of GDP | 0.2611 current LCU per US$ of GDP | 7 |
| 1980s | 0.2777 current LCU per US$ of GDP | 0.2173 current LCU per US$ of GDP | 0.3508 current LCU per US$ of GDP | 10 |
| 1990s | 0.4648 current LCU per US$ of GDP | 0.3025 current LCU per US$ of GDP | 0.8577 current LCU per US$ of GDP | 10 |
| 2000s | 0.9796 current LCU per US$ of GDP | 0.8312 current LCU per US$ of GDP | 1.19 current LCU per US$ of GDP | 10 |
| 2010s | 0.8994 current LCU per US$ of GDP | 0.7967 current LCU per US$ of GDP | 1.08 current LCU per US$ of GDP | 10 |
Countries ranked near Papua New Guinea
- 145 United Kingdom of Great Britain and Northern Ireland 1.11 current LCU per US$ of GDP compare
- 146 Palestine, State of 1.1 current LCU per US$ of GDP compare
- 147 United States of America 0.9972 current LCU per US$ of GDP compare
- 149 Micronesia, Federated States of 0.8487 current LCU per US$ of GDP compare
- 150 Belarus 0.7801 current LCU per US$ of GDP compare
- 151 Panama 0.762 current LCU per US$ of GDP compare
More financial sector data for Papua New Guinea
- Net domestic credit (current LCU), per capita 2,782 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.9551 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -1.08 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.21 million SDR (2024)
- Gold reserves at market value 126.04 million SDR (2024)
- Reserves excluding gold, foreign exchange 2.72 billion SDR (2024)
- Reserves excluding gold 2.72 billion SDR (2024)
- Total reserves (gold at market value) 2.84 billion SDR (2024)
- Total reserves (gold at national valuation) 2.80 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 264.96 SDR per person (2024)
Frequently asked questions
- What is broad money (current lcu), per unit of gdp in Papua New Guinea?
- Broad money (current lcu), per unit of gdp in Papua New Guinea was 0.9015 current LCU per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest broad money (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 1.19 current LCU per US$ of GDP in 2002.
- What is the lowest broad money (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.1506 current LCU per US$ of GDP in 1973.
- How does Papua New Guinea rank for broad money (current lcu), per unit of gdp?
- Papua New Guinea ranks 148th out of 166 countries with data for 2019.
- Is broad money (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Broad money (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Broad money (current LCU) ÷ GDP (current US$)
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Broad money (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.