Broad Money in Papua New Guinea
Papua New Guinea: Broad Money was 22.31 billion Domestic currency in 2019. ◆ Volatile
Broad Money in Papua New Guinea, 2001–2019
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Papua New Guinea recorded 22.31 billion Domestic currency for broad money in 2019.
Compared with earlier readings it 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 Domestic currency in 2016 and was at its lowest, 3.33 billion Domestic currency, in 2001.
Papua New Guinea ranks 124th of 144 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad Money in Papua New Guinea, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 3.33 billion Domestic currency | — |
| 2002 | 3.57 billion Domestic currency | +7.3% |
| 2003 | 3.41 billion Domestic currency | -4.4% |
| 2004 | 3.91 billion Domestic currency | +14.8% |
| 2005 | 5.07 billion Domestic currency | +29.5% |
| 2006 | 7.04 billion Domestic currency | +38.9% |
| 2007 | 8.99 billion Domestic currency | +27.8% |
| 2008 | 9.70 billion Domestic currency | +7.8% |
| 2009 | 11.82 billion Domestic currency | +21.9% |
| 2010 | 13.03 billion Domestic currency | +10.2% |
| 2011 | 15.29 billion Domestic currency | +17.3% |
| 2012 | 16.97 billion Domestic currency | +10.9% |
| 2013 | 18.10 billion Domestic currency | +6.7% |
| 2014 | 18.72 billion Domestic currency | +3.4% |
| 2015 | 20.22 billion Domestic currency | +8.0% |
| 2016 | 22.42 billion Domestic currency | +10.9% |
| 2017 | 22.21 billion Domestic currency | -0.9% |
| 2018 | 21.37 billion Domestic currency | -3.8% |
| 2019 | 22.31 billion Domestic currency | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.32 billion Domestic currency | 3.33 billion Domestic currency | 11.82 billion Domestic currency | 9 |
| 2010s | 19.06 billion Domestic currency | 13.03 billion Domestic currency | 22.42 billion Domestic currency | 10 |
Countries ranked near Papua New Guinea
- 121 Bosnia and Herzegovina 39.13 billion Domestic currency compare
- 122 Sierra Leone 38.15 billion Domestic currency compare
- 123 Seychelles 29.77 billion Domestic currency compare
- 125 Eswatini 22.03 billion Domestic currency compare
- 126 Brunei Darussalam 17.52 billion Domestic currency compare
- 127 Oman 16.07 billion Domestic currency compare
More financial sector data for Papua New Guinea
- Total reserves in months of imports, annual growth rate 11.56 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.29 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0882 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 256.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -3.31 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 256.98 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -2.2 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 268.89 SDR per person (2024)
Frequently asked questions
- What is broad money in Papua New Guinea?
- Broad money in Papua New Guinea was 22.31 billion Domestic currency in 2019, according to International Monetary Fund.
- What is the highest broad money recorded in Papua New Guinea?
- The highest recorded value was 22.42 billion Domestic currency in 2016.
- What is the lowest broad money recorded in Papua New Guinea?
- The lowest recorded value was 3.33 billion Domestic currency in 2001.
- How does Papua New Guinea rank for broad money?
- Papua New Guinea ranks 124th out of 144 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 Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.