Papua New Guinea: Bank credit to deposits

The latest value from 2020 is 57.69 percent, a decline from 58.96 percent in 2019. In comparison, the world average is 86.77 percent, based on data from 155 countries. Historically, the average for Papua New Guinea from 1973 to 2020 is 65.78 percent. The minimum value, 43.23 percent, was reached in 1996 while the maximum of 103.22 percent was recorded in 1975. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.