Credit to the private sector in Papua New Guinea in 2024 — 16.29%. Ranked 125 in the world out of 143. Since 2009, the indicator has fallen by 5.49 pp.
2009–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Papua New Guinea
| Year | % | Change, pp |
|---|---|---|
| 2024 | 16.29 | −0.22 pp |
| 2023 | 16.51 | +1.47 pp |
| 2022 | 15.04 | −2.36 pp |
| 2021 | 17.41 | −1.41 pp |
| 2020 | 18.81 | +0.76 pp |
| 2019 | 18.05 | −0.69 pp |
| 2018 | 18.74 | −0.61 pp |
| 2017 | 19.35 | −2.77 pp |
| 2016 | 22.12 | −0.43 pp |
| 2015 | 22.55 | −0.07 pp |
| 2014 | 22.63 | −2.47 pp |
| 2013 | 25.1 | +2.24 pp |
| 2012 | 22.86 | +1.92 pp |
| 2011 | 20.93 | −0.16 pp |
| 2010 | 21.09 | −0.7 pp |
| 2009 | 21.79 | — |
The same indicator for neighboring countries — with links to their pages
Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.
Source: World Economic Outlook (IMF), license IMF open data.
The amount of money in the economy as a percent of GDP — the depth of the financial system.
Finance Lending interest rateThe average rate at which banks lend to businesses and households.
Finance Bank branchesHow many bank branches there are per 100,000 adults.
Business Stock market capitalization in US dollarsWhat all of a country's companies traded on its exchange are worth.
