Papua New Guinea: Bank assets to GDP

The latest value from 2020 is 31.65 percent, an increase from 27.29 percent in 2019. In comparison, the world average is 73.52 percent, based on data from 157 countries. Historically, the average for Papua New Guinea from 1973 to 2020 is 27.59 percent. The minimum value, 15.87 percent, was reached in 1978 while the maximum of 37.15 percent was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.