Broad money (current LCU) in Papua New Guinea
Papua New Guinea: Broad money (current LCU) was 22.31 billion current LCU in 2019. ◆ Volatile
Broad money in Papua New Guinea, 1973–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Papua New Guinea recorded 22.31 billion current LCU for broad money in 2019.
The figure is up 4.4% on the previous year and up 88.7% over ten years.
Over the whole period, broad money in Papua New Guinea peaked at 22.42 billion current LCU in 2016 and was at its lowest, 195.64 million current LCU, in 1973.
That places Papua New Guinea 137th out of 167 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) in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 195.64 million current LCU | — |
| 1974 | 320.04 million current LCU | +63.6% |
| 1975 | 245.46 million current LCU | -23.3% |
| 1976 | 277.82 million current LCU | +13.2% |
| 1977 | 428.46 million current LCU | +54.2% |
| 1978 | 449.03 million current LCU | +4.8% |
| 1979 | 571.71 million current LCU | +27.3% |
| 1980 | 553.15 million current LCU | -3.2% |
| 1981 | 554.74 million current LCU | +0.3% |
| 1982 | 567.85 million current LCU | +2.4% |
| 1983 | 650.04 million current LCU | +14.5% |
| 1984 | 748.02 million current LCU | +15.1% |
| 1985 | 820.12 million current LCU | +9.6% |
| 1986 | 928.96 million current LCU | +13.3% |
| 1987 | 943.29 million current LCU | +1.5% |
| 1988 | 984.85 million current LCU | +4.4% |
| 1989 | 1.04 billion current LCU | +5.3% |
| 1990 | 1.08 billion current LCU | +4.3% |
| 1991 | 1.27 billion current LCU | +17.6% |
| 1992 | 1.43 billion current LCU | +12.5% |
| 1993 | 1.69 billion current LCU | +17.8% |
| 1994 | 1.66 billion current LCU | -1.3% |
| 1995 | 1.89 billion current LCU | +13.7% |
| 1996 | 2.48 billion current LCU | +30.7% |
| 1997 | 2.67 billion current LCU | +7.7% |
| 1998 | 2.73 billion current LCU | +2.5% |
| 1999 | 2.98 billion current LCU | +9.2% |
| 2000 | 3.13 billion current LCU | +5.0% |
| 2001 | 3.33 billion current LCU | +6.2% |
| 2002 | 3.57 billion current LCU | +7.3% |
| 2003 | 3.41 billion current LCU | -4.4% |
| 2004 | 3.91 billion current LCU | +14.8% |
| 2005 | 5.07 billion current LCU | +29.5% |
| 2006 | 7.04 billion current LCU | +38.9% |
| 2007 | 8.99 billion current LCU | +27.8% |
| 2008 | 9.70 billion current LCU | +7.8% |
| 2009 | 11.82 billion current LCU | +21.9% |
| 2010 | 13.03 billion current LCU | +10.2% |
| 2011 | 15.29 billion current LCU | +17.3% |
| 2012 | 16.97 billion current LCU | +10.9% |
| 2013 | 18.10 billion current LCU | +6.7% |
| 2014 | 18.72 billion current LCU | +3.4% |
| 2015 | 20.22 billion current LCU | +8.0% |
| 2016 | 22.42 billion current LCU | +10.9% |
| 2017 | 22.21 billion current LCU | -0.9% |
| 2018 | 21.37 billion current LCU | -3.8% |
| 2019 | 22.31 billion current LCU | +4.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 22.31 billion current LCU is below the median for lower middle income countries, which is 698.62 billion current LCU, 3% of the median. (46 countries reporting)
- Papua New Guinea's 22.31 billion current LCU is below the median for East Asia & Pacific, which is 3.07 trillion current LCU, 1% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money (current LCU) 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 |
|---|---|---|---|
| 1974 | +63.6% | 195.64 million current LCU | 320.04 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 355.45 million current LCU | 195.64 million current LCU | 571.71 million current LCU | 7 |
| 1980s | 778.85 million current LCU | 553.15 million current LCU | 1.04 billion current LCU | 10 |
| 1990s | 1.99 billion current LCU | 1.08 billion current LCU | 2.98 billion current LCU | 10 |
| 2000s | 6.00 billion current LCU | 3.13 billion current LCU | 11.82 billion current LCU | 10 |
| 2010s | 19.06 billion current LCU | 13.03 billion current LCU | 22.42 billion current LCU | 10 |
Countries ranked near Papua New Guinea
- 134 Sierra Leone 38.15 billion current LCU compare
- 135 Seychelles 29.77 billion current LCU compare
- 136 El Salvador 23.57 billion current LCU compare
- 138 Eswatini 22.03 billion current LCU compare
- 139 Panama 19.60 billion current LCU compare
- 140 Palestine 17.68 billion current LCU compare
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 broad money in Papua New Guinea?
- Broad money in Papua New Guinea was 22.31 billion current LCU in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Papua New Guinea?
- The highest recorded value was 22.42 billion current LCU in 2016.
- What is the lowest broad money recorded in Papua New Guinea?
- The lowest recorded value was 195.64 million current LCU in 1973.
- How does Papua New Guinea rank for broad money?
- Papua New Guinea ranks 137th out of 167 countries with data for 2019.
- Is broad money rising or falling in Papua New Guinea?
- Over the last ten years it is up 88.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.