Financial Development Index in Papua New Guinea
Papua New Guinea: Financial Development Index was 0.1763 in 2020. ▲ Rising
Financial Development Index in Papua New Guinea, 1980–2020
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.
Financial Development Index in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1419 | — |
| 1981 | 0.1541 | +8.7% |
| 1982 | 0.1576 | +2.2% |
| 1983 | 0.1472 | -6.6% |
| 1984 | 0.1628 | +10.6% |
| 1985 | 0.1661 | +2.0% |
| 1986 | 0.1814 | +9.2% |
| 1987 | 0.1801 | -0.7% |
| 1988 | 0.1645 | -8.6% |
| 1989 | 0.1483 | -9.8% |
| 1990 | 0.1494 | +0.7% |
| 1991 | 0.1565 | +4.8% |
| 1992 | 0.1332 | -14.9% |
| 1993 | 0.1265 | -5.1% |
| 1994 | 0.1545 | +22.2% |
| 1995 | 0.1596 | +3.3% |
| 1996 | 0.156 | -2.3% |
| 1997 | 0.1577 | +1.1% |
| 1998 | 0.1657 | +5.1% |
| 1999 | 0.1497 | -9.7% |
| 2000 | 0.1403 | -6.3% |
| 2001 | 0.1687 | +20.3% |
| 2002 | 0.1508 | -10.6% |
| 2003 | 0.1316 | -12.7% |
| 2004 | 0.1415 | +7.5% |
| 2005 | 0.1622 | +14.7% |
| 2006 | 0.1619 | -0.2% |
| 2007 | 0.1764 | +9.0% |
| 2008 | 0.1755 | -0.5% |
| 2009 | 0.2259 | +28.7% |
| 2010 | 0.2067 | -8.5% |
| 2011 | 0.2018 | -2.4% |
| 2012 | 0.2061 | +2.1% |
| 2013 | 0.1765 | -14.4% |
| 2014 | 0.1802 | +2.1% |
| 2015 | 0.177 | -1.8% |
| 2016 | 0.1836 | +3.7% |
| 2017 | 0.1741 | -5.2% |
| 2018 | 0.1742 | +0.1% |
| 2019 | 0.1771 | +1.7% |
| 2020 | 0.1763 | -0.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.1763 is above the median for lower middle income countries, which is 0.1603, 1.1× the median. (45 countries reporting)
- Papua New Guinea's 0.1763 is below the median for East Asia & Pacific, which is 0.3228, 55% of the median. (29 countries reporting)
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
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 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 · JSON — 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.