Consolidated foreign claims of BIS reporting banks to GDP in Papua New Guinea
Papua New Guinea: Consolidated foreign claims of BIS reporting banks to GDP was 17.2% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Papua New Guinea, 1983–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for consolidated foreign claims of bis reporting banks to gdp in Papua New Guinea is 17.2%, measured in 2020.
That represents a change of down 8.7% on the previous year and down 2.7% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Papua New Guinea peaked at 34.7% in 1985 and was at its lowest, 1.5%, in 2008.
Papua New Guinea ranks 93rd of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Consolidated foreign claims of BIS reporting banks to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 24.5% | — |
| 1984 | 31.8% | +29.4% |
| 1985 | 34.7% | +9.1% |
| 1986 | 26.4% | -24.0% |
| 1987 | 23.0% | -12.8% |
| 1988 | 21.5% | -6.5% |
| 1989 | 17.4% | -19.2% |
| 1990 | 17.0% | -2.2% |
| 1991 | 12.8% | -24.9% |
| 1992 | 10.0% | -21.4% |
| 1993 | 9.0% | -10.2% |
| 1994 | 3.5% | -60.9% |
| 1995 | 3.2% | -8.2% |
| 1996 | 3.0% | -6.5% |
| 1997 | 8.2% | +169.8% |
| 1998 | 12.0% | +46.4% |
| 1999 | 9.8% | -18.2% |
| 2000 | 5.7% | -41.3% |
| 2001 | 3.2% | -44.6% |
| 2002 | 4.5% | +40.5% |
| 2003 | 6.0% | +34.2% |
| 2004 | 5.4% | -10.4% |
| 2005 | 7.4% | +38.5% |
| 2006 | 6.1% | -18.1% |
| 2007 | 3.5% | -43.1% |
| 2008 | 1.5% | -56.0% |
| 2009 | 2.4% | +54.6% |
| 2010 | 17.6% | +647.8% |
| 2011 | 21.6% | +22.2% |
| 2012 | 25.9% | +20.3% |
| 2013 | 25.4% | -1.9% |
| 2014 | 27.9% | +9.6% |
| 2015 | 25.0% | -10.2% |
| 2016 | 27.7% | +10.7% |
| 2017 | 22.4% | -19.3% |
| 2018 | 18.5% | -17.5% |
| 2019 | 18.8% | +1.8% |
| 2020 | 17.2% | -8.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 17.2% is above the median for lower middle income countries, which is 8.7%, 2.0× the median. (45 countries reporting)
- Papua New Guinea's 17.2% is below the median for East Asia & Pacific, which is 27.1%, 63% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Consolidated foreign claims of BIS reporting banks to GDP 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 |
|---|---|---|---|
| 2010 | +647.8% | 2.4% | 17.6% |
| 1997 | +169.8% | 3.0% | 8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.6% | 17.4% | 34.7% | 7 |
| 1990s | 8.8% | 3.0% | 17.0% | 10 |
| 2000s | 4.6% | 1.5% | 7.4% | 10 |
| 2010s | 23.1% | 17.6% | 27.9% | 10 |
| 2020s | 17.2% | 17.2% | 17.2% | 1 |
Countries ranked near Papua New Guinea
- 90 Costa Rica 17.8% compare
- 91 Brunei Darussalam 17.6% compare
- 92 Indonesia 17.5% compare
- 94 Tonga 16.6% compare
- 95 Grenada 16.6% compare
- 96 Solomon Islands 16.1% compare
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 consolidated foreign claims of bis reporting banks to gdp in Papua New Guinea?
- Consolidated foreign claims of bis reporting banks to gdp in Papua New Guinea was 17.2% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Papua New Guinea?
- The highest recorded value was 34.7% in 1985.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Papua New Guinea?
- The lowest recorded value was 1.5% in 2008.
- How does Papua New Guinea rank for consolidated foreign claims of bis reporting banks to gdp?
- Papua New Guinea ranks 93rd out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.