Papua New Guinea - Broad money (% of GDP)

Broad money (% of GDP) in Papua New Guinea was 26.61 as of 2019. Its highest value over the past 46 years was 38.24 in 2012, while its lowest value was 21.39 in 1973.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1973 21.39
1974 31.31
1975 23.69
1976 23.18
1977 33.00
1978 32.52
1979 35.02
1980 32.38
1981 33.00
1982 32.46
1983 30.34
1984 32.61
1985 33.83
1986 36.11
1987 33.05
1988 31.07
1989 34.06
1990 35.16
1991 35.29
1992 33.90
1993 34.65
1994 30.10
1995 30.57
1996 36.44
1997 37.66
1998 35.01
1999 33.78
2000 32.17
2001 32.01
2002 30.62
2003 27.14
2004 30.94
2005 33.58
2006 27.57
2007 31.78
2008 30.78
2009 36.93
2010 33.63
2011 35.86
2012 38.24
2013 37.94
2014 32.76
2015 33.62
2016 34.47
2017 30.62
2018 26.91
2019 26.61

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)