Currency in circulation outside of depository corporations in Papua New Guinea
Papua New Guinea: Currency in circulation outside of depository corporations was 1.66 billion Domestic currency in 2019. ▲ Rising
Currency in circulation outside of depository corporations in Papua New Guinea, 2001–2019
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Papua New Guinea recorded 1.66 billion Domestic currency for currency in circulation outside of depository corporations in 2019. That is the highest value across all 19 years on record.
That represents a change of up 4.8% on the previous year and up 109.8% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Papua New Guinea peaked at 1.66 billion Domestic currency in 2019 and was at its lowest, 267.11 million Domestic currency, in 2001.
That places Papua New Guinea 121st out of 145 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Currency in circulation outside of depository corporations in Papua New Guinea, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 267.11 million Domestic currency | — |
| 2002 | 362.61 million Domestic currency | +35.8% |
| 2003 | 387.90 million Domestic currency | +7.0% |
| 2004 | 399.54 million Domestic currency | +3.0% |
| 2005 | 445.47 million Domestic currency | +11.5% |
| 2006 | 519.82 million Domestic currency | +16.7% |
| 2007 | 607.52 million Domestic currency | +16.9% |
| 2008 | 675.93 million Domestic currency | +11.3% |
| 2009 | 788.95 million Domestic currency | +16.7% |
| 2010 | 954.91 million Domestic currency | +21.0% |
| 2011 | 1.19 billion Domestic currency | +24.4% |
| 2012 | 1.21 billion Domestic currency | +2.2% |
| 2013 | 1.30 billion Domestic currency | +7.1% |
| 2014 | 1.39 billion Domestic currency | +7.1% |
| 2015 | 1.44 billion Domestic currency | +3.7% |
| 2016 | 1.58 billion Domestic currency | +9.5% |
| 2017 | 1.52 billion Domestic currency | -3.6% |
| 2018 | 1.58 billion Domestic currency | +3.7% |
| 2019 | 1.66 billion Domestic currency | +4.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.66 billion Domestic currency is below the median for lower middle income countries, which is 120.94 billion Domestic currency, 1% of the median. (41 countries reporting)
- Papua New Guinea's 1.66 billion Domestic currency is below the median for East Asia & Pacific, which is 131.62 billion Domestic currency, 1% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 494.98 million Domestic currency | 267.11 million Domestic currency | 788.95 million Domestic currency | 9 |
| 2010s | 1.38 billion Domestic currency | 954.91 million Domestic currency | 1.66 billion Domestic currency | 10 |
Countries ranked near Papua New Guinea
- 118 Maldives 4.09 billion Domestic currency compare
- 119 Namibia 3.13 billion Domestic currency compare
- 120 Botswana 2.80 billion Domestic currency compare
- 122 Kuwait 1.62 billion Domestic currency compare
- 123 Solomon Islands 1.60 billion Domestic currency compare
- 124 Seychelles 1.43 billion Domestic currency 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 currency in circulation outside of depository corporations in Papua New Guinea?
- Currency in circulation outside of depository corporations in Papua New Guinea was 1.66 billion Domestic currency in 2019, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Papua New Guinea?
- The highest recorded value was 1.66 billion Domestic currency in 2019.
- What is the lowest currency in circulation outside of depository corporations recorded in Papua New Guinea?
- The lowest recorded value was 267.11 million Domestic currency in 2001.
- How does Papua New Guinea rank for currency in circulation outside of depository corporations?
- Papua New Guinea ranks 121st out of 145 countries with data for 2019.
- Is currency in circulation outside of depository corporations rising or falling in Papua New Guinea?
- Over the last ten years it is up 109.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.