Broad money in Papua New Guinea
Papua New Guinea: Broad money was 26.6% in 2019. ▲ Rising
Broad money in Papua New Guinea, 1973–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Papua New Guinea is 26.6%, measured in 2019.
That represents a change of down 1.1% on the previous year and down 27.9% over ten years.
Over the whole period, broad money in Papua New Guinea peaked at 38.2% in 2012 and was at its lowest, 21.4%, in 1973.
That places Papua New Guinea 148th out of 167 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Broad money in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 21.4% | — |
| 1974 | 31.3% | +46.4% |
| 1975 | 23.7% | -24.3% |
| 1976 | 23.2% | -2.1% |
| 1977 | 33.0% | +42.4% |
| 1978 | 32.5% | -1.5% |
| 1979 | 35.0% | +7.7% |
| 1980 | 32.4% | -7.5% |
| 1981 | 33.0% | +1.9% |
| 1982 | 32.5% | -1.6% |
| 1983 | 30.3% | -6.5% |
| 1984 | 32.6% | +7.5% |
| 1985 | 33.8% | +3.7% |
| 1986 | 36.1% | +6.7% |
| 1987 | 33.0% | -8.5% |
| 1988 | 31.1% | -6.0% |
| 1989 | 34.1% | +9.6% |
| 1990 | 35.2% | +3.2% |
| 1991 | 35.3% | +0.4% |
| 1992 | 33.9% | -3.9% |
| 1993 | 34.7% | +2.2% |
| 1994 | 30.1% | -13.1% |
| 1995 | 30.6% | +1.5% |
| 1996 | 36.4% | +19.2% |
| 1997 | 37.7% | +3.4% |
| 1998 | 35.0% | -7.0% |
| 1999 | 33.8% | -3.5% |
| 2000 | 32.2% | -4.8% |
| 2001 | 32.0% | -0.5% |
| 2002 | 30.6% | -4.3% |
| 2003 | 27.1% | -11.4% |
| 2004 | 30.9% | +14.0% |
| 2005 | 33.6% | +8.5% |
| 2006 | 27.6% | -17.9% |
| 2007 | 31.8% | +15.3% |
| 2008 | 30.8% | -3.1% |
| 2009 | 36.9% | +20.0% |
| 2010 | 33.6% | -8.9% |
| 2011 | 35.9% | +6.6% |
| 2012 | 38.2% | +6.6% |
| 2013 | 37.9% | -0.8% |
| 2014 | 32.8% | -13.6% |
| 2015 | 33.6% | +2.6% |
| 2016 | 34.5% | +2.5% |
| 2017 | 30.6% | -11.2% |
| 2018 | 26.9% | -12.1% |
| 2019 | 26.6% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.6% | 21.4% | 35.0% | 7 |
| 1980s | 32.9% | 30.3% | 36.1% | 10 |
| 1990s | 34.3% | 30.1% | 37.7% | 10 |
| 2000s | 31.4% | 27.1% | 36.9% | 10 |
| 2010s | 33.1% | 26.6% | 38.2% | 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 in Papua New Guinea?
- Broad money in Papua New Guinea was 26.6% 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 38.2% in 2012.
- What is the lowest broad money recorded in Papua New Guinea?
- The lowest recorded value was 21.4% in 1973.
- How does Papua New Guinea rank for broad money?
- Papua New Guinea ranks 148th 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 down 27.9%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.