Government securities: Treasury bills yields, Rate, Percent per annum in Papua New Guinea
Papua New Guinea: Government securities: Treasury bills yields, Rate, Percent per annum was 4.23 in 2024. ◆ Volatile
Government securities: Treasury bills yields, Rate, Percent per annum in Papua New Guinea, 1994–2024
Source: International Monetary Fund.
Analysis
In 2024, government securities: treasury bills yields, rate, percent per annum in Papua New Guinea stood at 4.23.
Compared with earlier readings it is up 78.8% on the previous year and up 6.6% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in Papua New Guinea peaked at 22.7 in 1999 and was at its lowest, 2.15, in 2013.
That places Papua New Guinea 44th out of 89 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government securities: Treasury bills yields, Rate, Percent per annum in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 7.82 | — |
| 1995 | 17.4 | +122.6% |
| 1996 | 14.44 | -17.0% |
| 1997 | 9.94 | -31.2% |
| 1998 | 21.18 | +113.2% |
| 1999 | 22.7 | +7.2% |
| 2000 | 17 | -25.1% |
| 2001 | 12.36 | -27.3% |
| 2002 | 10.93 | -11.6% |
| 2003 | 18.69 | +71.0% |
| 2004 | 8.85 | -52.6% |
| 2005 | 3.81 | -57.0% |
| 2006 | 3.5 | -8.0% |
| 2007 | 4.67 | +33.2% |
| 2008 | 6.19 | +32.7% |
| 2009 | 7.3 | +17.9% |
| 2010 | 4.64 | -36.5% |
| 2011 | 4.14 | -10.8% |
| 2012 | 2.74 | -33.8% |
| 2013 | 2.15 | -21.4% |
| 2014 | 3.96 | +84.2% |
| 2015 | 5.26 | +32.8% |
| 2016 | 4.55 | -13.5% |
| 2017 | 4.73 | +3.9% |
| 2018 | 4.72 | -0.2% |
| 2019 | 6.13 | +29.8% |
| 2020 | 6.93 | +13.2% |
| 2021 | 3.99 | -42.4% |
| 2022 | 2.76 | -30.8% |
| 2023 | 2.37 | -14.3% |
| 2024 | 4.23 | +78.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.58 | 7.82 | 22.7 | 6 |
| 2000s | 9.33 | 3.5 | 18.69 | 10 |
| 2010s | 4.3 | 2.15 | 6.13 | 10 |
| 2020s | 4.06 | 2.37 | 6.93 | 5 |
Countries ranked near Papua New Guinea
- 41 Mauritius 4.69 compare
- 42 Mauritania 4.67 compare
- 43 Tanzania, United Republic of 4.42 compare
- 45 Israel 4.2 compare
- 46 Serbia 3.9 compare
- 47 Montenegro 3.75 compare
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 government securities: treasury bills yields, rate, percent per annum in Papua New Guinea?
- Government securities: treasury bills yields, rate, percent per annum in Papua New Guinea was 4.23 in 2024, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Papua New Guinea?
- The highest recorded value was 22.7 in 1999.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Papua New Guinea?
- The lowest recorded value was 2.15 in 2013.
- How does Papua New Guinea rank for government securities: treasury bills yields, rate, percent per annum?
- Papua New Guinea ranks 44th out of 89 countries with data for 2024.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in Papua New Guinea?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.