Claims on other sectors of the domestic economy in Papua New Guinea
Papua New Guinea: Claims on other sectors of the domestic economy was 18.2% in 2024. ▼ Falling
Claims on other sectors of the domestic economy in Papua New Guinea, 2009–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Papua New Guinea recorded 18.2% for claims on other sectors of the domestic economy in 2024.
That represents a change of down 0.6% on the previous year and down 28.3% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Papua New Guinea peaked at 26.6% in 2015 and was at its lowest, 16.6%, in 2022.
That places Papua New Guinea 54th out of 59 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Claims on other sectors of the domestic economy in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 22.4% | — |
| 2010 | 21.8% | -2.7% |
| 2011 | 21.4% | -1.8% |
| 2012 | 23.8% | +11.3% |
| 2013 | 25.6% | +7.4% |
| 2014 | 25.4% | -1.0% |
| 2015 | 26.6% | +4.8% |
| 2016 | 25.9% | -2.3% |
| 2017 | 22.9% | -11.7% |
| 2018 | 22.0% | -4.2% |
| 2019 | 21.4% | -2.3% |
| 2020 | 21.7% | +1.0% |
| 2021 | 19.6% | -9.3% |
| 2022 | 16.6% | -15.4% |
| 2023 | 18.3% | +9.9% |
| 2024 | 18.2% | -0.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 18.2% is below the median for lower middle income countries, which is 35.5%, 51% of the median. (15 countries reporting)
- Papua New Guinea's 18.2% is below the median for East Asia & Pacific, which is 70.0%, 26% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.4% | 22.4% | 22.4% | 1 |
| 2010s | 23.7% | 21.4% | 26.6% | 10 |
| 2020s | 18.9% | 16.6% | 21.7% | 5 |
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 other sectors of the domestic economy in Papua New Guinea?
- Claims on other sectors of the domestic economy in Papua New Guinea was 18.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Papua New Guinea?
- The highest recorded value was 26.6% in 2015.
- What is the lowest claims on other sectors of the domestic economy recorded in Papua New Guinea?
- The lowest recorded value was 16.6% in 2022.
- How does Papua New Guinea rank for claims on other sectors of the domestic economy?
- Papua New Guinea ranks 54th out of 59 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in Papua New Guinea?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is falling.
- 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 other sectors of the domestic economy (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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.