Liquid liabilities to GDP in Papua New Guinea
Papua New Guinea: Liquid liabilities to GDP was 25.1% in 2020. ▼ Falling
Liquid liabilities to GDP in Papua New Guinea, 1973–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, liquid liabilities to gdp in Papua New Guinea stood at 25.1%.
Compared with earlier readings it is up 8.8% on the previous year and down 9.0% over ten years.
Over the whole period, liquid liabilities to gdp in Papua New Guinea peaked at 37.7% in 1997 and was at its lowest, 21.4%, in 1973.
Papua New Guinea ranks 169th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Liquid liabilities to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 21.4% | — |
| 1974 | 31.3% | +46.4% |
| 1975 | 23.7% | -24.3% |
| 1976 | 23.2% | -2.1% |
| 1977 | 33.0% | +42.4% |
| 1978 | 32.5% | -1.5% |
| 1979 | 35.0% | +7.7% |
| 1980 | 32.4% | -7.5% |
| 1981 | 33.0% | +1.9% |
| 1982 | 32.5% | -1.6% |
| 1983 | 30.3% | -6.5% |
| 1984 | 32.6% | +7.5% |
| 1985 | 33.8% | +3.7% |
| 1986 | 36.1% | +6.7% |
| 1987 | 33.0% | -8.5% |
| 1988 | 31.1% | -6.0% |
| 1989 | 34.1% | +9.6% |
| 1990 | 35.2% | +3.2% |
| 1991 | 35.3% | +0.4% |
| 1992 | 33.9% | -3.9% |
| 1993 | 34.7% | +2.2% |
| 1994 | 30.1% | -13.1% |
| 1995 | 30.6% | +1.5% |
| 1996 | 36.4% | +19.2% |
| 1997 | 37.7% | +3.4% |
| 1998 | 35.0% | -7.0% |
| 1999 | 33.8% | -3.5% |
| 2000 | 32.2% | -4.8% |
| 2001 | 32.0% | -0.5% |
| 2002 | 30.6% | -4.3% |
| 2003 | 27.1% | -11.4% |
| 2004 | 30.9% | +14.0% |
| 2005 | 33.6% | +8.5% |
| 2006 | 27.6% | -17.9% |
| 2007 | 31.8% | +15.3% |
| 2008 | 31.7% | -0.1% |
| 2009 | 30.2% | -4.8% |
| 2010 | 27.5% | -8.9% |
| 2011 | 29.8% | +8.2% |
| 2012 | 31.7% | +6.3% |
| 2013 | 31.2% | -1.5% |
| 2014 | 27.6% | -11.7% |
| 2015 | 28.6% | +3.9% |
| 2016 | 29.2% | +2.1% |
| 2017 | 26.2% | -10.3% |
| 2018 | 22.8% | -13.0% |
| 2019 | 23.0% | +1.2% |
| 2020 | 25.1% | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.6% | 21.4% | 35.0% | 7 |
| 1980s | 32.9% | 30.3% | 36.1% | 10 |
| 1990s | 34.3% | 30.1% | 37.7% | 10 |
| 2000s | 30.8% | 27.1% | 33.6% | 10 |
| 2010s | 27.8% | 22.8% | 31.7% | 10 |
| 2020s | 25.1% | 25.1% | 25.1% | 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)
- Total reserves (gold at national valuation) (SDR), per capita 264.96 SDR per person (2024)
Frequently asked questions
- What is liquid liabilities to gdp in Papua New Guinea?
- Liquid liabilities to gdp in Papua New Guinea was 25.1% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Papua New Guinea?
- The highest recorded value was 37.7% in 1997.
- What is the lowest liquid liabilities to gdp recorded in Papua New Guinea?
- The lowest recorded value was 21.4% in 1973.
- How does Papua New Guinea rank for liquid liabilities to gdp?
- Papua New Guinea ranks 169th out of 186 countries with data for 2020.
- Is liquid liabilities to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.