Financial Institutions Access Index in Papua New Guinea
Papua New Guinea: Financial Institutions Access Index was 0.0541 in 2020. βΌ Falling
Financial Institutions Access Index in Papua New Guinea, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Papua New Guinea stood at 0.0541.
Compared with earlier readings it is down 1.8% on the previous year and up 29.6% over ten years.
Over the whole period, financial institutions access index in Papua New Guinea peaked at 0.0699 in 1986 and was at its lowest, 0.0346, in 2006.
That places Papua New Guinea 162nd out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0569 | 0.0427 | 0.0699 | 10 |
| 1990s | 0.0459 | 0.0411 | 0.0524 | 10 |
| 2000s | 0.0387 | 0.0346 | 0.0442 | 10 |
| 2010s | 0.0513 | 0.0417 | 0.0572 | 10 |
| 2020s | 0.0541 | 0.0541 | 0.0541 | 1 |
Countries ranked near Papua New Guinea
- 159 Sudan 0.0664 compare
- 160 Benin 0.0585 compare
- 161 Tanzania, United Republic of 0.0546 compare
- 163 Burkina Faso 0.0512 compare
- 164 Liberia 0.0509 compare
- 165 Yemen, Republic of 0.0466 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 institutions access index in Papua New Guinea?
- Financial institutions access index in Papua New Guinea was 0.0541 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Papua New Guinea?
- The highest recorded value was 0.0699 in 1986.
- What is the lowest financial institutions access index recorded in Papua New Guinea?
- The lowest recorded value was 0.0346 in 2006.
- How does Papua New Guinea rank for financial institutions access index?
- Papua New Guinea ranks 162nd out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Papua New Guinea?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access 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.