Liabilities, Insurance Technical Reserves (OFCS) in Papua New Guinea
Papua New Guinea: Liabilities, Insurance Technical Reserves (OFCS) was 20.21 billion in 2025. ▲ Rising
Liabilities, Insurance Technical Reserves (OFCS) in Papua New Guinea, 2009–2025
Source: International Monetary Fund.
Analysis
Papua New Guinea recorded 20.21 billion for liabilities, insurance technical reserves (ofcs) in 2025. That is the highest value across all 17 years on record.
The figure is up 13.8% on the previous year and up 115.7% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Papua New Guinea peaked at 20.21 billion in 2025 and was at its lowest, 458.91 million, in 2016.
Papua New Guinea ranks 43rd of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Liabilities, Insurance Technical Reserves (OFCS) in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 4.59 billion | — |
| 2010 | 5.28 billion | +15.2% |
| 2011 | 6.28 billion | +18.8% |
| 2012 | 6.58 billion | +4.8% |
| 2013 | 7.55 billion | +14.8% |
| 2014 | 8.61 billion | +14.0% |
| 2015 | 9.37 billion | +8.8% |
| 2016 | 458.91 million | -95.1% |
| 2017 | 10.66 billion | +2222.4% |
| 2018 | 11.52 billion | +8.1% |
| 2019 | 12.39 billion | +7.5% |
| 2020 | 13.76 billion | +11.1% |
| 2021 | 14.26 billion | +3.6% |
| 2022 | 15.27 billion | +7.1% |
| 2023 | 15.84 billion | +3.7% |
| 2024 | 17.76 billion | +12.2% |
| 2025 | 20.21 billion | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.59 billion | 4.59 billion | 4.59 billion | 1 |
| 2010s | 7.87 billion | 458.91 million | 12.39 billion | 10 |
| 2020s | 16.18 billion | 13.76 billion | 20.21 billion | 6 |
Countries ranked near Papua New Guinea
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 liabilities, insurance technical reserves (ofcs) in Papua New Guinea?
- Liabilities, insurance technical reserves (ofcs) in Papua New Guinea was 20.21 billion in 2025, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Papua New Guinea?
- The highest recorded value was 20.21 billion in 2025.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Papua New Guinea?
- The lowest recorded value was 458.91 million in 2016.
- How does Papua New Guinea rank for liabilities, insurance technical reserves (ofcs)?
- Papua New Guinea ranks 43rd out of 65 countries with data for 2025.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Papua New Guinea?
- Over the last ten years it is up 115.7%. 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 Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.