Outstanding Deposits, Commercial Banks, of Which: Household Sector in Papua New Guinea
Papua New Guinea: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 1.09 billion in 2022. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Papua New Guinea, 2005–2022
Source: International Monetary Fund.
Analysis
In 2022, outstanding deposits, commercial banks, of which: household sector in Papua New Guinea stood at 1.09 billion. That is the lowest value across all 18 years on record.
That represents a change of down 45.5% on the previous year and down 59.9% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Papua New Guinea peaked at 3.37 billion in 2013 and was at its lowest, 1.09 billion, in 2022.
That places Papua New Guinea 120th out of 127 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.50 billion | — |
| 2006 | 1.94 billion | +29.9% |
| 2007 | 1.47 billion | -24.5% |
| 2008 | 2.11 billion | +43.6% |
| 2009 | 2.23 billion | +5.8% |
| 2010 | 2.24 billion | +0.4% |
| 2011 | 2.54 billion | +13.5% |
| 2012 | 2.72 billion | +6.9% |
| 2013 | 3.37 billion | +24.0% |
| 2014 | 3.19 billion | -5.4% |
| 2015 | 3.28 billion | +2.8% |
| 2016 | 3.17 billion | -3.2% |
| 2017 | 2.89 billion | -9.0% |
| 2018 | 2.73 billion | -5.4% |
| 2019 | 2.02 billion | -26.0% |
| 2020 | 2.30 billion | +13.9% |
| 2021 | 2.00 billion | -13.1% |
| 2022 | 1.09 billion | -45.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.09 billion is below the median for lower middle income countries, which is 743.54 billion, 0% of the median. (22 countries reporting)
- Papua New Guinea's 1.09 billion is below the median for East Asia & Pacific, which is 294.80 billion, 0% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.85 billion | 1.47 billion | 2.23 billion | 5 |
| 2010s | 2.81 billion | 2.02 billion | 3.37 billion | 10 |
| 2020s | 1.80 billion | 1.09 billion | 2.30 billion | 3 |
Countries ranked near Papua New Guinea
- 117 Saint Kitts and Nevis 1.72 billion compare
- 118 Belize 1.53 billion compare
- 119 Saint Vincent and the Grenadines 1.40 billion compare
- 121 Solomon Islands 1.04 billion compare
- 122 Dominica 1.01 billion compare
- 123 Anguilla 736.62 million 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 outstanding deposits, commercial banks, of which: household sector in Papua New Guinea?
- Outstanding deposits, commercial banks, of which: household sector in Papua New Guinea was 1.09 billion in 2022, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Papua New Guinea?
- The highest recorded value was 3.37 billion in 2013.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Papua New Guinea?
- The lowest recorded value was 1.09 billion in 2022.
- How does Papua New Guinea rank for outstanding deposits, commercial banks, of which: household sector?
- Papua New Guinea ranks 120th out of 127 countries with data for 2022.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Papua New Guinea?
- Over the last ten years it is down 59.9%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.