Broad money to total reserves ratio (International Financial) in Papua New Guinea
Papua New Guinea: Broad money to total reserves ratio (International Financial) was 2.85 in 2019. ◆ Volatile
Broad money to total reserves ratio in Papua New Guinea, 1973–2019
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Papua New Guinea is 2.85, measured in 2019.
Compared with earlier readings it is down 2.6% on the previous year and up 74.8% over ten years.
Over the whole period, broad money to total reserves ratio in Papua New Guinea peaked at 14.16 in 1974 and was at its lowest, 1.26, in 1977.
That places Papua New Guinea 86th out of 159 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (International Financial) in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 8.89 | — |
| 1974 | 14.16 | +59.3% |
| 1975 | 1.79 | -87.4% |
| 1976 | 1.36 | -23.8% |
| 1977 | 1.26 | -7.9% |
| 1978 | 1.53 | +21.7% |
| 1979 | 1.51 | -0.9% |
| 1980 | 1.8 | +19.0% |
| 1981 | 1.96 | +8.7% |
| 1982 | 1.6 | -18.4% |
| 1983 | 1.68 | +4.9% |
| 1984 | 1.83 | +9.3% |
| 1985 | 1.77 | -3.3% |
| 1986 | 2.12 | +20.0% |
| 1987 | 2.22 | +4.6% |
| 1988 | 2.71 | +21.8% |
| 1989 | 2.95 | +8.9% |
| 1990 | 2.65 | -10.2% |
| 1991 | 3.87 | +46.1% |
| 1992 | 5.72 | +47.7% |
| 1993 | 10.38 | +81.5% |
| 1994 | 13.78 | +32.8% |
| 1995 | 5.31 | -61.4% |
| 1996 | 3.09 | -41.8% |
| 1997 | 4.88 | +57.7% |
| 1998 | 6.29 | +28.8% |
| 1999 | 5.26 | -16.4% |
| 2000 | 3.72 | -29.2% |
| 2001 | 2.24 | -39.8% |
| 2002 | 2.68 | +19.5% |
| 2003 | 1.84 | -31.1% |
| 2004 | 1.84 | -0.2% |
| 2005 | 2.18 | +18.3% |
| 2006 | 1.6 | -26.6% |
| 2007 | 1.44 | -9.9% |
| 2008 | 1.79 | +24.2% |
| 2009 | 1.63 | -8.8% |
| 2010 | 1.54 | -5.9% |
| 2011 | 1.48 | -3.5% |
| 2012 | 2.02 | +36.2% |
| 2013 | 2.83 | +40.2% |
| 2014 | 3.26 | +15.4% |
| 2015 | 4.15 | +27.2% |
| 2016 | 4.32 | +4.0% |
| 2017 | 4.01 | -7.1% |
| 2018 | 2.93 | -26.9% |
| 2019 | 2.85 | -2.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.85 is above the median for lower middle income countries, which is 2.83, 1.0× the median. (42 countries reporting)
- Papua New Guinea's 2.85 is below the median for East Asia & Pacific, which is 3.17, 90% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.36 | 1.26 | 14.16 | 7 |
| 1980s | 2.06 | 1.6 | 2.95 | 10 |
| 1990s | 6.12 | 2.65 | 13.78 | 10 |
| 2000s | 2.1 | 1.44 | 3.72 | 10 |
| 2010s | 2.94 | 1.48 | 4.32 | 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 to total reserves ratio in Papua New Guinea?
- Broad money to total reserves ratio in Papua New Guinea was 2.85 in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Papua New Guinea?
- The highest recorded value was 14.16 in 1974.
- What is the lowest broad money to total reserves ratio recorded in Papua New Guinea?
- The lowest recorded value was 1.26 in 1977.
- How does Papua New Guinea rank for broad money to total reserves ratio?
- Papua New Guinea ranks 86th out of 159 countries with data for 2019.
- Is broad money to total reserves ratio rising or falling in Papua New Guinea?
- Over the last ten years it is up 74.8%. 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 to total reserves ratio. 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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).