Annual broad money growth in Papua New Guinea
Papua New Guinea: Annual broad money growth was 4.4% in 2019. ◆ Volatile
Annual broad money growth in Papua New Guinea, 2000–2019
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2019, annual broad money growth in Papua New Guinea stood at 4.4%.
The figure is up 216.9% on the previous year and down 79.8% over ten years.
Over the whole period, annual broad money growth in Papua New Guinea peaked at 38.9% in 2006 and was at its lowest, -4.5%, in 2003.
Papua New Guinea ranks 124th of 164 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.0% | — |
| 2001 | 6.2% | +24.8% |
| 2002 | 7.3% | +16.2% |
| 2003 | -4.5% | -161.3% |
| 2004 | 14.8% | -432.4% |
| 2005 | 29.5% | +99.4% |
| 2006 | 38.9% | +31.8% |
| 2007 | 27.8% | -28.6% |
| 2008 | 7.8% | -71.8% |
| 2009 | 21.9% | +179.1% |
| 2010 | 10.2% | -53.2% |
| 2011 | 17.3% | +69.2% |
| 2012 | 10.9% | -36.9% |
| 2013 | 6.7% | -38.8% |
| 2014 | 3.4% | -49.6% |
| 2015 | 8.0% | +137.6% |
| 2016 | 10.9% | +35.4% |
| 2017 | -0.9% | -108.6% |
| 2018 | -3.8% | +306.5% |
| 2019 | 4.4% | -216.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.5% | -4.5% | 38.9% | 10 |
| 2010s | 6.7% | -3.8% | 17.3% | 10 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.2146 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9552 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,782 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual broad money growth in Papua New Guinea?
- Annual broad money growth in Papua New Guinea was 4.4% in 2019, according to International Monetary Fund – processed by Our World in Data.
- What is the highest annual broad money growth recorded in Papua New Guinea?
- The highest recorded value was 38.9% in 2006.
- What is the lowest annual broad money growth recorded in Papua New Guinea?
- The lowest recorded value was -4.5% in 2003.
- How does Papua New Guinea rank for annual broad money growth?
- Papua New Guinea ranks 124th out of 164 countries with data for 2019.
- Is annual broad money growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 79.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
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About this data
Annual broad money growth (%).