Net domestic credit (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Net domestic credit (current LCU), per unit of GDP was 0.9551 current LCU per US$ of GDP in 2024. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Papua New Guinea, 1973–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Papua New Guinea is 0.9551 current LCU per US$ of GDP, measured in 2024.
The figure is down 1.0% on the previous year and up 39.5% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Papua New Guinea peaked at 1.1 current LCU per US$ of GDP in 2016 and was at its lowest, 0.089 current LCU per US$ of GDP, in 1973.
Papua New Guinea ranks 153rd of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.089 current LCU per US$ of GDP | — |
| 1974 | 0.1074 current LCU per US$ of GDP | +20.8% |
| 1975 | 0.0988 current LCU per US$ of GDP | -8.0% |
| 1976 | 0.1252 current LCU per US$ of GDP | +26.7% |
| 1977 | 0.1202 current LCU per US$ of GDP | -4.1% |
| 1978 | 0.1086 current LCU per US$ of GDP | -9.6% |
| 1979 | 0.1165 current LCU per US$ of GDP | +7.2% |
| 1980 | 0.128 current LCU per US$ of GDP | +9.8% |
| 1981 | 0.1593 current LCU per US$ of GDP | +24.5% |
| 1982 | 0.1923 current LCU per US$ of GDP | +20.7% |
| 1983 | 0.1806 current LCU per US$ of GDP | -6.1% |
| 1984 | 0.1989 current LCU per US$ of GDP | +10.1% |
| 1985 | 0.252 current LCU per US$ of GDP | +26.7% |
| 1986 | 0.2788 current LCU per US$ of GDP | +10.6% |
| 1987 | 0.2428 current LCU per US$ of GDP | -12.9% |
| 1988 | 0.2446 current LCU per US$ of GDP | +0.7% |
| 1989 | 0.2885 current LCU per US$ of GDP | +17.9% |
| 1990 | 0.3413 current LCU per US$ of GDP | +18.3% |
| 1991 | 0.3577 current LCU per US$ of GDP | +4.8% |
| 1992 | 0.3469 current LCU per US$ of GDP | -3.0% |
| 1993 | 0.3279 current LCU per US$ of GDP | -5.5% |
| 1994 | 0.3209 current LCU per US$ of GDP | -2.1% |
| 1995 | 0.3897 current LCU per US$ of GDP | +21.4% |
| 1996 | 0.3708 current LCU per US$ of GDP | -4.9% |
| 1997 | 0.4787 current LCU per US$ of GDP | +29.1% |
| 1998 | 0.7273 current LCU per US$ of GDP | +51.9% |
| 1999 | 0.8041 current LCU per US$ of GDP | +10.6% |
| 2000 | 0.7784 current LCU per US$ of GDP | -3.2% |
| 2001 | 0.8141 current LCU per US$ of GDP | +4.6% |
| 2002 | 1.09 current LCU per US$ of GDP | +34.2% |
| 2003 | 0.8612 current LCU per US$ of GDP | -21.2% |
| 2004 | 0.7874 current LCU per US$ of GDP | -8.6% |
| 2005 | 0.6895 current LCU per US$ of GDP | -12.4% |
| 2006 | 0.4786 current LCU per US$ of GDP | -30.6% |
| 2007 | 0.4422 current LCU per US$ of GDP | -7.6% |
| 2008 | 0.4181 current LCU per US$ of GDP | -5.4% |
| 2009 | 0.5736 current LCU per US$ of GDP | +37.2% |
| 2010 | 0.4907 current LCU per US$ of GDP | -14.5% |
| 2011 | 0.3687 current LCU per US$ of GDP | -24.9% |
| 2012 | 0.4288 current LCU per US$ of GDP | +16.3% |
| 2013 | 0.605 current LCU per US$ of GDP | +41.1% |
| 2014 | 0.6845 current LCU per US$ of GDP | +13.1% |
| 2015 | 0.8469 current LCU per US$ of GDP | +23.7% |
| 2016 | 1.1 current LCU per US$ of GDP | +30.4% |
| 2017 | 1.01 current LCU per US$ of GDP | -8.8% |
| 2018 | 0.8866 current LCU per US$ of GDP | -12.0% |
| 2019 | 0.9083 current LCU per US$ of GDP | +2.4% |
| 2020 | 1.05 current LCU per US$ of GDP | +16.0% |
| 2021 | 0.9803 current LCU per US$ of GDP | -6.9% |
| 2022 | 0.8133 current LCU per US$ of GDP | -17.0% |
| 2023 | 0.9652 current LCU per US$ of GDP | +18.7% |
| 2024 | 0.9551 current LCU per US$ of GDP | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1094 current LCU per US$ of GDP | 0.089 current LCU per US$ of GDP | 0.1252 current LCU per US$ of GDP | 7 |
| 1980s | 0.2166 current LCU per US$ of GDP | 0.128 current LCU per US$ of GDP | 0.2885 current LCU per US$ of GDP | 10 |
| 1990s | 0.4465 current LCU per US$ of GDP | 0.3209 current LCU per US$ of GDP | 0.8041 current LCU per US$ of GDP | 10 |
| 2000s | 0.6936 current LCU per US$ of GDP | 0.4181 current LCU per US$ of GDP | 1.09 current LCU per US$ of GDP | 10 |
| 2010s | 0.7331 current LCU per US$ of GDP | 0.3687 current LCU per US$ of GDP | 1.1 current LCU per US$ of GDP | 10 |
| 2020s | 0.9534 current LCU per US$ of GDP | 0.8133 current LCU per US$ of GDP | 1.05 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 150 United States of America 1.05 current LCU per US$ of GDP compare
- 151 United Kingdom of Great Britain and Northern Ireland 1.05 current LCU per US$ of GDP compare
- 152 Samoa 0.9636 current LCU per US$ of GDP compare
- 154 Bosnia and Herzegovina 0.9087 current LCU per US$ of GDP compare
- 155 Panama 0.8872 current LCU per US$ of GDP compare
- 156 Belarus 0.8645 current LCU per US$ of GDP 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 net domestic credit (current lcu), per unit of gdp in Papua New Guinea?
- Net domestic credit (current lcu), per unit of gdp in Papua New Guinea was 0.9551 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 1.1 current LCU per US$ of GDP in 2016.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.089 current LCU per US$ of GDP in 1973.
- How does Papua New Guinea rank for net domestic credit (current lcu), per unit of gdp?
- Papua New Guinea ranks 153rd out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.