Broad money growth (annual %) in Papua New Guinea
Papua New Guinea: Broad money growth (annual %) was 4.4% in 2019. ◆ Volatile
Broad money growth in Papua New Guinea, 1974–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Papua New Guinea is 4.4%, measured in 2019.
That represents a change of up 216.9% on the previous year and down 79.8% over ten years.
Over the whole period, broad money growth in Papua New Guinea peaked at 63.6% in 1974 and was at its lowest, -23.3%, in 1975.
That places Papua New Guinea 132nd 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 growth (annual %) in Papua New Guinea, year by year
| Year | annual % | Change |
|---|---|---|
| 1974 | 63.6% | — |
| 1975 | -23.3% | -136.6% |
| 1976 | 13.2% | -156.6% |
| 1977 | 54.2% | +311.4% |
| 1978 | 4.8% | -91.1% |
| 1979 | 27.3% | +468.9% |
| 1980 | -3.2% | -111.9% |
| 1981 | 0.3% | -108.8% |
| 1982 | 2.4% | +723.2% |
| 1983 | 14.5% | +512.1% |
| 1984 | 15.1% | +4.1% |
| 1985 | 9.6% | -36.0% |
| 1986 | 13.3% | +37.7% |
| 1987 | 1.5% | -88.4% |
| 1988 | 4.4% | +185.5% |
| 1989 | 5.3% | +21.3% |
| 1990 | 4.3% | -20.5% |
| 1991 | 17.6% | +315.1% |
| 1992 | 12.5% | -29.1% |
| 1993 | 17.8% | +42.2% |
| 1994 | -1.3% | -107.2% |
| 1995 | 13.7% | -1171.8% |
| 1996 | 30.7% | +123.6% |
| 1997 | 7.7% | -75.0% |
| 1998 | 2.5% | -68.0% |
| 1999 | 9.2% | +272.5% |
| 2000 | 5.0% | -45.4% |
| 2001 | 6.2% | +24.8% |
| 2002 | 7.3% | +16.2% |
| 2003 | -4.4% | -161.2% |
| 2004 | 14.8% | -432.6% |
| 2005 | 29.5% | +99.4% |
| 2006 | 38.9% | +31.8% |
| 2007 | 27.8% | -28.6% |
| 2008 | 7.8% | -71.8% |
| 2009 | 21.9% | +178.9% |
| 2010 | 10.2% | -53.2% |
| 2011 | 17.3% | +69.2% |
| 2012 | 10.9% | -36.9% |
| 2013 | 6.7% | -38.8% |
| 2014 | 3.4% | -49.5% |
| 2015 | 8.0% | +137.3% |
| 2016 | 10.9% | +35.5% |
| 2017 | -0.9% | -108.6% |
| 2018 | -3.8% | +304.5% |
| 2019 | 4.4% | -216.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 4.4% is below the median for lower middle income countries, which is 12.4%, 36% of the median. (46 countries reporting)
- Papua New Guinea's 4.4% is below the median for East Asia & Pacific, which is 7.4%, 60% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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 |
|---|---|---|---|
| 1995 | +1171.8% | -1.3% | 13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.3% | -23.3% | 63.6% | 6 |
| 1980s | 6.3% | -3.2% | 15.1% | 10 |
| 1990s | 11.5% | -1.3% | 30.7% | 10 |
| 2000s | 15.5% | -4.4% | 38.9% | 10 |
| 2010s | 6.7% | -3.8% | 17.3% | 10 |
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 broad money growth in Papua New Guinea?
- Broad money growth in Papua New Guinea was 4.4% in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Papua New Guinea?
- The highest recorded value was 63.6% in 1974.
- What is the lowest broad money growth recorded in Papua New Guinea?
- The lowest recorded value was -23.3% in 1975.
- How does Papua New Guinea rank for broad money growth?
- Papua New Guinea ranks 132nd out of 167 countries with data for 2019.
- Is broad money growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 79.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.