Nonbank financial institutions’ assets to GDP in Papua New Guinea
Papua New Guinea: Nonbank financial institutions’ assets to GDP was 12.3% in 2020. ▲ Rising
Nonbank financial institutions’ assets to GDP in Papua New Guinea, 2009–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for nonbank financial institutions’ assets to gdp in Papua New Guinea is 12.3%, measured in 2020. That is the highest value across all 12 years on record.
The figure is up 10.5% on the previous year and up 109.8% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Papua New Guinea peaked at 12.3% in 2020 and was at its lowest, 5.9%, in 2010.
That places Papua New Guinea 31st out of 84 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Nonbank financial institutions’ assets to GDP in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 6.0% | — |
| 2010 | 5.9% | -1.6% |
| 2011 | 6.4% | +9.3% |
| 2012 | 7.9% | +23.3% |
| 2013 | 8.7% | +10.0% |
| 2014 | 9.6% | +10.6% |
| 2015 | 10.3% | +7.1% |
| 2016 | 9.9% | -3.8% |
| 2017 | 10.3% | +3.7% |
| 2018 | 10.3% | -0.0% |
| 2019 | 11.1% | +8.4% |
| 2020 | 12.3% | +10.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 12.3% is above the median for lower middle income countries, which is 5.0%, 2.5× the median. (20 countries reporting)
- Papua New Guinea's 12.3% is below the median for East Asia & Pacific, which is 19.1%, 64% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.0% | 6.0% | 6.0% | 1 |
| 2010s | 9.0% | 5.9% | 11.1% | 10 |
| 2020s | 12.3% | 12.3% | 12.3% | 1 |
Countries ranked near Papua New Guinea
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 nonbank financial institutions’ assets to gdp in Papua New Guinea?
- Nonbank financial institutions’ assets to gdp in Papua New Guinea was 12.3% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Papua New Guinea?
- The highest recorded value was 12.3% in 2020.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Papua New Guinea?
- The lowest recorded value was 5.9% in 2010.
- How does Papua New Guinea rank for nonbank financial institutions’ assets to gdp?
- Papua New Guinea ranks 31st out of 84 countries with data for 2020.
- Is nonbank financial institutions’ assets to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 109.8%. The long-run trend across the full record is rising.
- 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 Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).