Financial Development Index in Papua New Guinea
Papua New Guinea: Financial Development Index was 0.1763 in 2020. β² Rising
Financial Development Index in Papua New Guinea, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Papua New Guinea stood at 0.1763.
Compared with earlier readings it is down 0.5% on the previous year and down 14.7% over ten years.
Over the whole period, financial development index in Papua New Guinea peaked at 0.2259 in 2009 and was at its lowest, 0.1265, in 1993.
That places Papua New Guinea 124th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1604 | 0.1419 | 0.1814 | 10 |
| 1990s | 0.1509 | 0.1265 | 0.1657 | 10 |
| 2000s | 0.1635 | 0.1316 | 0.2259 | 10 |
| 2010s | 0.1857 | 0.1741 | 0.2067 | 10 |
| 2020s | 0.1763 | 0.1763 | 0.1763 | 1 |
Countries ranked near Papua New Guinea
- 121 Dominican Republic 0.1806 compare
- 122 Azerbaijan, Republic of 0.1783 compare
- 123 Togo 0.1781 compare
- 125 Paraguay 0.1735 compare
- 126 Ghana 0.1695 compare
- 127 Lao People's Democratic Republic 0.1682 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)
- Domestic credit to private sector by banks 13.4% (2025)
Frequently asked questions
- What is financial development index in Papua New Guinea?
- Financial development index in Papua New Guinea was 0.1763 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Papua New Guinea?
- The highest recorded value was 0.2259 in 2009.
- What is the lowest financial development index recorded in Papua New Guinea?
- The lowest recorded value was 0.1265 in 1993.
- How does Papua New Guinea rank for financial development index?
- Papua New Guinea ranks 124th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Papua New Guinea?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.