Commercial banks and other lending (PPG + PNG) in Papua New Guinea
Papua New Guinea: Commercial banks and other lending (PPG + PNG) was -3.01 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-3.01 billion NFL, current US$
Change on year
down 67.5%
World rank
110th
of 116 countries
All-time high
7.06 billion NFL, current US$
in 2011
All-time low
-3.01 billion NFL, current US$
in 2024
Years of data
55
1970–2024
Commercial banks and other lending (PPG + PNG) in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Papua New Guinea recorded -3.01 billion NFL, current US$ for commercial banks and other lending (ppg + png) in 2024. That is the lowest value across all 55 years on record.
The figure is down 67.5% on the previous year and down 10,286.6% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Papua New Guinea peaked at 7.06 billion NFL, current US$ in 2011 and was at its lowest, -3.01 billion NFL, current US$, in 2024.
Papua New Guinea ranks 110th of 116 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) in Papua New Guinea, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 128.14 million NFL, current US$ | — |
| 1971 | 173.77 million NFL, current US$ | +35.6% |
| 1972 | 56.27 million NFL, current US$ | -67.6% |
| 1973 | -42.66 million NFL, current US$ | -175.8% |
| 1974 | -39.18 million NFL, current US$ | -8.2% |
| 1975 | -30.44 million NFL, current US$ | -22.3% |
| 1976 | -7.55 million NFL, current US$ | -75.2% |
| 1977 | 22.48 million NFL, current US$ | -397.6% |
| 1978 | -74.73 million NFL, current US$ | -432.4% |
| 1979 | 11.28 million NFL, current US$ | -115.1% |
| 1980 | 37.87 million NFL, current US$ | +235.7% |
| 1981 | 310.14 million NFL, current US$ | +719.1% |
| 1982 | 414.04 million NFL, current US$ | +33.5% |
| 1983 | 295.25 million NFL, current US$ | -28.7% |
| 1984 | 67.67 million NFL, current US$ | -77.1% |
| 1985 | 166.85 million NFL, current US$ | +146.5% |
| 1986 | 209.83 million NFL, current US$ | +25.8% |
| 1987 | 9.83 million NFL, current US$ | -95.3% |
| 1988 | 87.98 million NFL, current US$ | +795.1% |
| 1989 | 144.98 million NFL, current US$ | +64.8% |
| 1990 | 48.64 million NFL, current US$ | -66.5% |
| 1991 | -29.29 million NFL, current US$ | -160.2% |
| 1992 | 579.71 million NFL, current US$ | -2079.5% |
| 1993 | -441.71 million NFL, current US$ | -176.2% |
| 1994 | -197.78 million NFL, current US$ | -55.2% |
| 1995 | -311.33 million NFL, current US$ | +57.4% |
| 1996 | 115.82 million NFL, current US$ | -137.2% |
| 1997 | 114.33 million NFL, current US$ | -1.3% |
| 1998 | 21.38 million NFL, current US$ | -81.3% |
| 1999 | -30.22 million NFL, current US$ | -241.3% |
| 2000 | 26.93 million NFL, current US$ | -189.1% |
| 2001 | -64.57 million NFL, current US$ | -339.8% |
| 2002 | -108.53 million NFL, current US$ | +68.1% |
| 2003 | 39.06 million NFL, current US$ | -136.0% |
| 2004 | -13.80 million NFL, current US$ | -135.3% |
| 2005 | 183.47 million NFL, current US$ | -1429.8% |
| 2006 | 60.15 million NFL, current US$ | -67.2% |
| 2007 | -205.31 million NFL, current US$ | -441.3% |
| 2008 | 149.48 million NFL, current US$ | -172.8% |
| 2009 | 24.90 million NFL, current US$ | -83.3% |
| 2010 | 2.42 billion NFL, current US$ | +9613.2% |
| 2011 | 7.06 billion NFL, current US$ | +191.9% |
| 2012 | 2.28 billion NFL, current US$ | -67.7% |
| 2013 | 6.50 billion NFL, current US$ | +185.5% |
| 2014 | 29.53 million NFL, current US$ | -99.5% |
| 2015 | -132.59 million NFL, current US$ | -549.0% |
| 2016 | -1.37 billion NFL, current US$ | +930.4% |
| 2017 | -972.41 million NFL, current US$ | -28.8% |
| 2018 | 65.13 million NFL, current US$ | -106.7% |
| 2019 | -869.93 million NFL, current US$ | -1435.7% |
| 2020 | -1.88 billion NFL, current US$ | +116.5% |
| 2021 | -2.49 billion NFL, current US$ | +32.4% |
| 2022 | -1.83 billion NFL, current US$ | -26.7% |
| 2023 | -1.80 billion NFL, current US$ | -1.8% |
| 2024 | -3.01 billion NFL, current US$ | +67.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.74 million NFL, current US$ | -74.73 million NFL, current US$ | 173.77 million NFL, current US$ | 10 |
| 1980s | 174.44 million NFL, current US$ | 9.83 million NFL, current US$ | 414.04 million NFL, current US$ | 10 |
| 1990s | -13.04 million NFL, current US$ | -441.71 million NFL, current US$ | 579.71 million NFL, current US$ | 10 |
| 2000s | 9.18 million NFL, current US$ | -205.31 million NFL, current US$ | 183.47 million NFL, current US$ | 10 |
| 2010s | 1.50 billion NFL, current US$ | -1.37 billion NFL, current US$ | 7.06 billion NFL, current US$ | 10 |
| 2020s | -2.20 billion NFL, current US$ | -3.01 billion NFL, current US$ | -1.80 billion NFL, current US$ | 5 |
Countries ranked near Papua New Guinea
- 107 Zambia -1.14 billion NFL, current US$ compare
- 108 Thailand -1.47 billion NFL, current US$ compare
- 109 Peru -2.40 billion NFL, current US$ compare
- 111 Türkiye -3.65 billion NFL, current US$ compare
- 112 Kazakhstan -5.63 billion NFL, current US$ compare
- 113 Viet Nam -7.24 billion NFL, current US$ compare
More external debt data for Papua New Guinea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA 31.68 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.99 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 154,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.6% (2024)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Papua New Guinea?
- Commercial banks and other lending (ppg + png) in Papua New Guinea was -3.01 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Papua New Guinea?
- The highest recorded value was 7.06 billion NFL, current US$ in 2011.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Papua New Guinea?
- The lowest recorded value was -3.01 billion NFL, current US$ in 2024.
- How does Papua New Guinea rank for commercial banks and other lending (ppg + png)?
- Papua New Guinea ranks 110th out of 116 countries with data for 2024.
- Is commercial banks and other lending (ppg + png) rising or falling in Papua New Guinea?
- Over the last ten years it is down 10,286.6%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).