Commercial bank branches in Papua New Guinea
Papua New Guinea: Commercial bank branches was 1.37 per 100,000 adults in 2022. ▼ Falling
Commercial bank branches in Papua New Guinea, 2004–2022
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2022, commercial bank branches in Papua New Guinea stood at 1.37 per 100,000 adults. That is the lowest value across all 19 years on record.
That represents a change of down 2.3% on the previous year and down 14.0% over ten years.
Over the whole period, commercial bank branches in Papua New Guinea peaked at 1.79 per 100,000 adults in 2004 and was at its lowest, 1.37 per 100,000 adults, in 2022.
Papua New Guinea ranks 183rd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Commercial bank branches in Papua New Guinea, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 1.79 per 100,000 adults | — |
| 2005 | 1.75 per 100,000 adults | -2.2% |
| 2006 | 1.64 per 100,000 adults | -6.3% |
| 2007 | 1.63 per 100,000 adults | -0.6% |
| 2008 | 1.57 per 100,000 adults | -3.5% |
| 2009 | 1.47 per 100,000 adults | -6.2% |
| 2010 | 1.51 per 100,000 adults | +2.3% |
| 2011 | 1.6 per 100,000 adults | +6.1% |
| 2012 | 1.59 per 100,000 adults | -0.7% |
| 2013 | 1.54 per 100,000 adults | -3.1% |
| 2014 | 1.5 per 100,000 adults | -3.0% |
| 2015 | 1.45 per 100,000 adults | -2.9% |
| 2016 | 1.41 per 100,000 adults | -2.9% |
| 2017 | 1.37 per 100,000 adults | -2.8% |
| 2018 | 1.38 per 100,000 adults | +0.8% |
| 2019 | 1.46 per 100,000 adults | +5.4% |
| 2020 | 1.44 per 100,000 adults | -1.5% |
| 2021 | 1.4 per 100,000 adults | -2.4% |
| 2022 | 1.37 per 100,000 adults | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.64 per 100,000 adults | 1.47 per 100,000 adults | 1.79 per 100,000 adults | 6 |
| 2010s | 1.48 per 100,000 adults | 1.37 per 100,000 adults | 1.6 per 100,000 adults | 10 |
| 2020s | 1.4 per 100,000 adults | 1.37 per 100,000 adults | 1.44 per 100,000 adults | 3 |
Countries ranked near Papua New Guinea
- 180 South Sudan 1.7 per 100,000 adults compare
- 181 Yemen 1.48 per 100,000 adults compare
- 182 Niger 1.46 per 100,000 adults compare
- 184 Chad 0.8148 per 100,000 adults compare
- 185 Central African Republic 0.7367 per 100,000 adults compare
- 186 Congo, Democratic Republic of the 0.6293 per 100,000 adults compare
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 commercial bank branches in Papua New Guinea?
- Commercial bank branches in Papua New Guinea was 1.37 per 100,000 adults in 2022, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Papua New Guinea?
- The highest recorded value was 1.79 per 100,000 adults in 2004.
- What is the lowest commercial bank branches recorded in Papua New Guinea?
- The lowest recorded value was 1.37 per 100,000 adults in 2022.
- How does Papua New Guinea rank for commercial bank branches?
- Papua New Guinea ranks 183rd out of 186 countries with data for 2022.
- Is commercial bank branches rising or falling in Papua New Guinea?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.