Deposit money banks'' assets to GDP in Papua New Guinea
Papua New Guinea: Deposit money banks'' assets to GDP was 31.6% in 2020. ▲ Rising
Deposit money banks'' assets to GDP in Papua New Guinea, 1973–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Papua New Guinea is 31.6%, measured in 2020.
Compared with earlier readings it is up 16.0% on the previous year and up 24.7% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Papua New Guinea peaked at 37.1% in 1997 and was at its lowest, 15.9%, in 1978.
That places Papua New Guinea 136th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Deposit money banks'' assets to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 17.5% | — |
| 1974 | 18.4% | +5.0% |
| 1975 | 18.6% | +1.4% |
| 1976 | 16.5% | -11.5% |
| 1977 | 17.6% | +6.9% |
| 1978 | 15.9% | -9.8% |
| 1979 | 17.4% | +9.8% |
| 1980 | 22.9% | +31.6% |
| 1981 | 26.4% | +15.0% |
| 1982 | 26.2% | -0.4% |
| 1983 | 25.2% | -3.9% |
| 1984 | 26.7% | +5.9% |
| 1985 | 26.7% | +0.0% |
| 1986 | 31.2% | +16.7% |
| 1987 | 29.7% | -4.8% |
| 1988 | 30.5% | +2.6% |
| 1989 | 34.4% | +13.0% |
| 1990 | 35.0% | +1.6% |
| 1991 | 36.5% | +4.2% |
| 1992 | 35.3% | -3.1% |
| 1993 | 33.4% | -5.6% |
| 1994 | 31.2% | -6.5% |
| 1995 | 31.6% | +1.4% |
| 1996 | 34.3% | +8.5% |
| 1997 | 37.1% | +8.3% |
| 1998 | 34.3% | -7.7% |
| 1999 | 28.4% | -17.2% |
| 2000 | 29.4% | +3.4% |
| 2001 | 27.7% | -5.6% |
| 2002 | 24.9% | -10.2% |
| 2003 | 24.1% | -3.1% |
| 2004 | 26.5% | +10.1% |
| 2005 | 27.9% | +5.3% |
| 2006 | 20.5% | -26.7% |
| 2007 | 22.4% | +9.4% |
| 2008 | 27.4% | +22.5% |
| 2009 | 27.5% | +0.3% |
| 2010 | 25.4% | -7.8% |
| 2011 | 25.8% | +1.5% |
| 2012 | 27.8% | +7.9% |
| 2013 | 33.3% | +19.6% |
| 2014 | 31.1% | -6.4% |
| 2015 | 33.4% | +7.3% |
| 2016 | 33.6% | +0.5% |
| 2017 | 30.0% | -10.6% |
| 2018 | 27.7% | -7.8% |
| 2019 | 27.3% | -1.4% |
| 2020 | 31.6% | +16.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 31.6% is above the median for lower middle income countries, which is 30.6%, 1.0× the median. (46 countries reporting)
- Papua New Guinea's 31.6% is below the median for East Asia & Pacific, which is 83.3%, 38% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.4% | 15.9% | 18.6% | 7 |
| 1980s | 28.0% | 22.9% | 34.4% | 10 |
| 1990s | 33.7% | 28.4% | 37.1% | 10 |
| 2000s | 25.8% | 20.5% | 29.4% | 10 |
| 2010s | 29.5% | 25.4% | 33.6% | 10 |
| 2020s | 31.6% | 31.6% | 31.6% | 1 |
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 deposit money banks'' assets to gdp in Papua New Guinea?
- Deposit money banks'' assets to gdp in Papua New Guinea was 31.6% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Papua New Guinea?
- The highest recorded value was 37.1% in 1997.
- What is the lowest deposit money banks'' assets to gdp recorded in Papua New Guinea?
- The lowest recorded value was 15.9% in 1978.
- How does Papua New Guinea rank for deposit money banks'' assets to gdp?
- Papua New Guinea ranks 136th out of 187 countries with data for 2020.
- Is deposit money banks'' assets to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 24.7%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).