Credit to government and state-owned enterprises to GDP in Papua New Guinea

Papua New Guinea: Credit to government and state-owned enterprises to GDP was 16.0% in 2020. ▲ Rising

Latest (2020)
16.0%
Change on year
up 25.6%
World rank
65th
of 178 countries
All-time high
16.1%
in 2016
All-time low
2.6%
in 1985
Years of data
41
1980–2020

Credit to government and state-owned enterprises to GDP in Papua New Guinea, 1980–2020

510151980200020201980: 4.2 %1981: 4.2 %1982: 3.5 %1983: 3.9 %1984: 3.5 %1985: 2.6 %1986: 3.9 %1987: 3.9 %1988: 3.5 %1989: 3.6 %1990: 4.4 %1991: 7 %1992: 9.7 %1993: 11.2 %1994: 10.1 %1995: 11.6 %1996: 14.2 %1997: 13.5 %1998: 9.5 %1999: 7.3 %2000: 8.3 %2001: 7.6 %2002: 6.8 %2003: 6.8 %2004: 8.1 %2005: 9.2 %2006: 9 %2007: 8.4 %2008: 10.1 %2009: 9.2 %2010: 7.4 %2011: 8.1 %2012: 8.9 %2013: 12.5 %2014: 13.2 %2015: 15.8 %2016: 16.1 %2017: 15 %2018: 12.9 %2019: 12.7 %2020: 16 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Papua New Guinea recorded 16.0% for credit to government and state-owned enterprises to gdp in 2020.

The figure is up 25.6% on the previous year and up 115.5% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Papua New Guinea peaked at 16.1% in 2016 and was at its lowest, 2.6%, in 1985.

Papua New Guinea ranks 65th of 178 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 41 years of available data.

Credit to government and state-owned enterprises to GDP in Papua New Guinea, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Papua New Guinea, 1980 to 2020.
Year % Change
1980 4.2%
1981 4.2% +0.7%
1982 3.5% -16.7%
1983 3.9% +11.1%
1984 3.5% -9.3%
1985 2.6% -26.0%
1986 3.9% +50.7%
1987 3.9% +0.4%
1988 3.5% -11.0%
1989 3.6% +2.4%
1990 4.4% +21.9%
1991 7.0% +60.8%
1992 9.7% +37.4%
1993 11.2% +15.8%
1994 10.1% -9.4%
1995 11.6% +14.3%
1996 14.2% +22.5%
1997 13.5% -5.1%
1998 9.5% -29.3%
1999 7.3% -23.4%
2000 8.3% +13.5%
2001 7.6% -7.6%
2002 6.8% -10.5%
2003 6.8% -0.7%
2004 8.1% +19.5%
2005 9.2% +13.3%
2006 9.0% -1.7%
2007 8.4% -6.8%
2008 10.1% +20.0%
2009 9.2% -9.0%
2010 7.4% -19.4%
2011 8.1% +9.8%
2012 8.9% +8.8%
2013 12.5% +41.2%
2014 13.2% +5.3%
2015 15.8% +19.7%
2016 16.1% +2.4%
2017 15.0% -7.3%
2018 12.9% -13.6%
2019 12.7% -1.6%
2020 16.0% +25.6%

Papua New Guinea compared with similar countries

  • Papua New Guinea's 16.0% is above the median for lower middle income countries, which is 8.8%, 1.8× the median. (43 countries reporting)
  • Papua New Guinea's 16.0% is above the median for East Asia & Pacific, which is 11.0%, 1.5× the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.7% 2.6% 4.2% 10
1990s 9.8% 4.4% 14.2% 10
2000s 8.4% 6.8% 10.1% 10
2010s 12.3% 7.4% 16.1% 10
2020s 16.0% 16.0% 16.0% 1

Countries ranked near Papua New Guinea

  1. 62 Greece 16.6% compare
  2. 63 Kenya 16.5% compare
  3. 64 Ukraine 16.4% compare
  4. 66 Ghana 15.9% compare
  5. 67 Antigua and Barbuda 15.8% compare
  6. 68 Norway 15.5% compare

See the full ranking of 178 places →

More financial sector data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Papua New Guinea?
Credit to government and state-owned enterprises to gdp in Papua New Guinea was 16.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Papua New Guinea?
The highest recorded value was 16.1% in 2016.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Papua New Guinea?
The lowest recorded value was 2.6% in 1985.
How does Papua New Guinea rank for credit to government and state-owned enterprises to gdp?
Papua New Guinea ranks 65th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Papua New Guinea?
Over the last ten years it is up 115.5%. The long-run trend across the full record is rising.
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 Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Papua New Guinea. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/papua-new-guinea/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).