Financial Institutions Efficiency Index in Papua New Guinea
Papua New Guinea: Financial Institutions Efficiency Index was 0.6406 in 2020. β² Rising
Financial Institutions Efficiency Index in Papua New Guinea, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Papua New Guinea stood at 0.6406.
That represents a change of down 3.4% on the previous year and down 0.9% over ten years.
Over the whole period, financial institutions efficiency index in Papua New Guinea peaked at 0.6934 in 2001 and was at its lowest, 0.3651, in 1990.
Papua New Guinea ranks 53rd of 183 countries on this measure, 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 | 0.5538 | 0.3947 | 0.6155 | 10 |
| 1990s | 0.5287 | 0.3651 | 0.6438 | 10 |
| 2000s | 0.5955 | 0.4518 | 0.6934 | 10 |
| 2010s | 0.6333 | 0.5908 | 0.6635 | 10 |
| 2020s | 0.6406 | 0.6406 | 0.6406 | 1 |
Countries ranked near Papua New Guinea
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 efficiency index in Papua New Guinea?
- Financial institutions efficiency index in Papua New Guinea was 0.6406 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Papua New Guinea?
- The highest recorded value was 0.6934 in 2001.
- What is the lowest financial institutions efficiency index recorded in Papua New Guinea?
- The lowest recorded value was 0.3651 in 1990.
- How does Papua New Guinea rank for financial institutions efficiency index?
- Papua New Guinea ranks 53rd out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Papua New Guinea?
- Over the last ten years it is down 0.9%. 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 Institutions Efficiency 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.