Claims on central government in Papua New Guinea
Papua New Guinea: Claims on central government was 11.0% in 2020. ◆ Volatile
Claims on central government in Papua New Guinea, 1974–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
In 2020, claims on central government in Papua New Guinea stood at 11.0%.
The figure is up 581.1% on the previous year and up 267.4% over ten years.
Over the whole period, claims on central government in Papua New Guinea peaked at 21.9% in 2002 and was at its lowest, -11.6%, in 1983.
Papua New Guinea ranks 23rd of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government in Papua New Guinea, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1974 | 13.5% | — |
| 1975 | -11.1% | -182.2% |
| 1976 | 21.6% | -294.3% |
| 1977 | -5.1% | -123.6% |
| 1978 | 2.1% | -141.1% |
| 1979 | 4.6% | +117.5% |
| 1980 | -3.1% | -167.9% |
| 1981 | 4.7% | -253.3% |
| 1982 | 5.1% | +6.5% |
| 1983 | -11.6% | -329.2% |
| 1984 | -1.5% | -87.3% |
| 1985 | 5.4% | -464.6% |
| 1986 | 2.8% | -48.3% |
| 1987 | -5.1% | -284.7% |
| 1988 | 5.2% | -200.4% |
| 1989 | 1.5% | -70.4% |
| 1990 | 6.1% | +299.5% |
| 1991 | 11.8% | +93.4% |
| 1992 | 8.8% | -25.3% |
| 1993 | 8.5% | -3.4% |
| 1994 | -0.9% | -111.0% |
| 1995 | 5.3% | -663.9% |
| 1996 | 5.8% | +10.4% |
| 1997 | 6.3% | +7.7% |
| 1998 | 4.8% | -22.8% |
| 1999 | 4.0% | -16.9% |
| 2000 | -4.6% | -213.6% |
| 2001 | -9.8% | +113.8% |
| 2002 | 21.9% | -324.3% |
| 2003 | -3.2% | -114.5% |
| 2004 | 1.2% | -137.5% |
| 2005 | -4.6% | -486.0% |
| 2006 | -3.0% | -34.7% |
| 2007 | -11.2% | +275.6% |
| 2008 | -6.3% | -43.5% |
| 2009 | 10.0% | -258.1% |
| 2010 | -6.6% | -165.4% |
| 2011 | -6.7% | +2.2% |
| 2012 | 9.0% | -233.8% |
| 2013 | 14.5% | +61.3% |
| 2014 | 7.8% | -46.3% |
| 2015 | 6.3% | -19.0% |
| 2016 | 18.1% | +187.5% |
| 2017 | 0.6% | -96.6% |
| 2018 | -10.5% | -1813.7% |
| 2019 | 1.6% | -115.3% |
| 2020 | 11.0% | +581.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 11.0% is above the median for lower middle income countries, which is 2.9%, 3.7× the median. (46 countries reporting)
- Papua New Guinea's 11.0% is above the median for East Asia & Pacific, which is 0.1%, 109.5× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Claims on central government 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 |
|---|---|---|---|
| 2018 | -1813.7% | 0.6% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3% | -11.1% | 21.6% | 6 |
| 1980s | 0.3% | -11.6% | 5.4% | 10 |
| 1990s | 6.1% | -0.9% | 11.8% | 10 |
| 2000s | -1.0% | -11.2% | 21.9% | 10 |
| 2010s | 3.4% | -10.5% | 18.1% | 10 |
| 2020s | 11.0% | 11.0% | 11.0% | 1 |
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 claims on central government in Papua New Guinea?
- Claims on central government in Papua New Guinea was 11.0% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government recorded in Papua New Guinea?
- The highest recorded value was 21.9% in 2002.
- What is the lowest claims on central government recorded in Papua New Guinea?
- The lowest recorded value was -11.6% in 1983.
- How does Papua New Guinea rank for claims on central government?
- Papua New Guinea ranks 23rd out of 167 countries with data for 2020.
- Is claims on central government rising or falling in Papua New Guinea?
- Over the last ten years it is up 267.4%. 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 Claims on central government (annual growth as % of broad money). 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
Claims on central government include loans to central government institutions net of deposits. 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 represents the annual percentage growth in the ratio of claims to broad money.