
Papua New Guinea: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 16.45 billion Papua New Guinea Kina as of September 2024, a decline compared to the previous value of 16.74 billion Papua New Guinea Kina. Historically, the average for Papua New Guinea from March 2012 to September 2024 is 11.66 billion Papua New Guinea Kina. The minimum of 7.74 billion Papua New Guinea Kina was recorded in April 2012, while the maximum of 16.74 billion Papua New Guinea Kina was reached in August 2024.
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* indicates monthly or quarterly data series
- Measure: billion Papua New Guinea Kina
- Source: Bank of Papua New Guinea
Recent values | Papua New Guinea: Private sector credit, billion currency units |
---|---|
2024  Sep | 16.45 |
2024  Aug | 16.74 |
2024  Jul | 16.35 |
2024  Jun | 16.35 |
2024  May | 16.41 |
2024  Apr | 16.31 |
2024  Mar | 16.34 |
2024  Feb | 16.15 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 2.3 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 4.0189 | 1/2025 | Local Currency Units per USD |
Consumer Price Index (CPI) | 170.1673 | Q3/2024 | index points |
Inflation, monthly | 0.88 | Q3/2024 | percent |
Inflation, annual | -0.86 | Q3/2024 | percent |
Private sector credit | 16.45 | 9/2024 | billion |
Deposit interest rate | 1.88 | 3/2024 | percent |