Financial soundness indicators in Papua New Guinea
Papua New Guinea: Financial soundness indicators was 4.0% in 2023. ▼ Falling
Financial soundness indicators in Papua New Guinea, 2008–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2023, financial soundness indicators in Papua New Guinea stood at 4.0%.
That represents a change of up 4.1% on the previous year and down 39.7% over ten years.
Over the whole period, financial soundness indicators in Papua New Guinea peaked at 6.7% in 2013 and was at its lowest, 3.2%, in 2016.
Papua New Guinea ranks 18th of 150 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Financial soundness indicators in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 6.4% | — |
| 2009 | 5.6% | -12.5% |
| 2010 | 5.3% | -5.3% |
| 2011 | 6.3% | +18.2% |
| 2012 | 5.8% | -7.9% |
| 2013 | 6.7% | +15.7% |
| 2014 | 4.7% | -29.7% |
| 2015 | 4.2% | -10.4% |
| 2016 | 3.2% | -23.9% |
| 2017 | 3.4% | +6.2% |
| 2018 | 3.8% | +11.7% |
| 2019 | 4.1% | +8.7% |
| 2020 | 3.9% | -6.5% |
| 2021 | 4.4% | +13.7% |
| 2022 | 3.9% | -11.8% |
| 2023 | 4.0% | +4.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 4.0% is above the median for lower middle income countries, which is 2.6%, 1.6× the median. (32 countries reporting)
- Papua New Guinea's 4.0% is above the median for East Asia & Pacific, which is 1.4%, 2.8× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.0% | 5.6% | 6.4% | 2 |
| 2010s | 4.8% | 3.2% | 6.7% | 10 |
| 2020s | 4.0% | 3.9% | 4.4% | 4 |
Countries ranked near Papua New Guinea
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is financial soundness indicators in Papua New Guinea?
- Financial soundness indicators in Papua New Guinea was 4.0% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Papua New Guinea?
- The highest recorded value was 6.7% in 2013.
- What is the lowest financial soundness indicators recorded in Papua New Guinea?
- The lowest recorded value was 3.2% in 2016.
- How does Papua New Guinea rank for financial soundness indicators?
- Papua New Guinea ranks 18th out of 150 countries with data for 2023.
- Is financial soundness indicators rising or falling in Papua New Guinea?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).