Central bank assets to GDP in Papua New Guinea
Papua New Guinea: Central bank assets to GDP was 3.5% in 2020. ◆ Volatile
Central bank assets to GDP in Papua New Guinea, 1973–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Papua New Guinea recorded 3.5% for central bank assets to gdp in 2020.
The figure is up 24.7% on the previous year and up 263.0% over ten years.
Over the whole period, central bank assets to gdp in Papua New Guinea peaked at 16.5% in 1998 and was at its lowest, 0.3%, in 1974.
That places Papua New Guinea 104th out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Central bank assets to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 0.4% | — |
| 1974 | 0.3% | -10.6% |
| 1975 | 0.7% | +130.5% |
| 1976 | 1.9% | +153.6% |
| 1977 | 0.9% | -52.0% |
| 1978 | 0.9% | +3.8% |
| 1979 | 1.8% | +99.9% |
| 1980 | 2.3% | +24.9% |
| 1981 | 3.1% | +36.1% |
| 1982 | 4.2% | +32.8% |
| 1983 | 1.3% | -69.2% |
| 1984 | 0.6% | -49.7% |
| 1985 | 2.6% | +304.2% |
| 1986 | 2.2% | -17.3% |
| 1987 | 2.8% | +31.2% |
| 1988 | 3.5% | +22.0% |
| 1989 | 5.8% | +67.7% |
| 1990 | 7.4% | +27.8% |
| 1991 | 7.0% | -5.4% |
| 1992 | 6.8% | -3.5% |
| 1993 | 8.7% | +28.2% |
| 1994 | 14.1% | +62.2% |
| 1995 | 9.6% | -31.9% |
| 1996 | 8.7% | -9.6% |
| 1997 | 12.5% | +43.9% |
| 1998 | 16.5% | +32.3% |
| 1999 | 6.8% | -58.5% |
| 2000 | 1.7% | -74.5% |
| 2001 | 1.7% | -1.6% |
| 2002 | 6.1% | +257.5% |
| 2003 | 2.8% | -53.6% |
| 2004 | 0.9% | -68.4% |
| 2005 | 1.0% | +7.3% |
| 2006 | 0.8% | -17.8% |
| 2007 | 0.8% | +5.5% |
| 2008 | 0.7% | -12.9% |
| 2009 | 1.1% | +58.1% |
| 2010 | 1.0% | -15.2% |
| 2011 | 1.0% | +6.3% |
| 2012 | 1.2% | +14.4% |
| 2013 | 1.9% | +56.4% |
| 2014 | 4.2% | +124.5% |
| 2015 | 2.8% | -31.6% |
| 2016 | 5.6% | +95.9% |
| 2017 | 4.0% | -28.6% |
| 2018 | 3.4% | -15.4% |
| 2019 | 2.8% | -15.9% |
| 2020 | 3.5% | +24.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.3% | 1.9% | 7 |
| 1980s | 2.8% | 0.6% | 5.8% | 10 |
| 1990s | 9.8% | 6.8% | 16.5% | 10 |
| 2000s | 1.8% | 0.7% | 6.1% | 10 |
| 2010s | 2.8% | 1.0% | 5.6% | 10 |
| 2020s | 3.5% | 3.5% | 3.5% | 1 |
Countries ranked near Papua New Guinea
More financial sector data for Papua New Guinea
- Net domestic credit (current LCU), per capita 2,782 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.9551 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -1.08 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.21 million SDR (2024)
- Gold reserves at market value 126.04 million SDR (2024)
- Reserves excluding gold, foreign exchange 2.72 billion SDR (2024)
- Reserves excluding gold 2.72 billion SDR (2024)
- Total reserves (gold at market value) 2.84 billion SDR (2024)
- Total reserves (gold at national valuation) 2.80 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 264.96 SDR per person (2024)
Frequently asked questions
- What is central bank assets to gdp in Papua New Guinea?
- Central bank assets to gdp in Papua New Guinea was 3.5% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest central bank assets to gdp recorded in Papua New Guinea?
- The highest recorded value was 16.5% in 1998.
- What is the lowest central bank assets to gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.3% in 1974.
- How does Papua New Guinea rank for central bank assets to gdp?
- Papua New Guinea ranks 104th out of 183 countries with data for 2020.
- Is central bank assets to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 263.0%. 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 (IFS), International Monetary Fund (IMF), published as part of Central bank assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by the Central Bank as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Central Bank claims (IFS lines 12, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).