Financial soundness indicators in Papua New Guinea

Papua New Guinea: Financial soundness indicators was 4.0% in 2023. ▼ Falling

Latest (2023)
4.0%
Change on year
up 4.1%
World rank
16th
of 146 countries
All-time high
6.7%
in 2013
All-time low
3.2%
in 2016
Years of data
16
2008–2023

Financial soundness indicators in Papua New Guinea, 2008–2023

02462008201520232008: 6.4 %2009: 5.6 %2010: 5.3 %2011: 6.3 %2012: 5.8 %2013: 6.7 %2014: 4.7 %2015: 4.2 %2016: 3.2 %2017: 3.4 %2018: 3.8 %2019: 4.1 %2020: 3.9 %2021: 4.4 %2022: 3.9 %2023: 4 %

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 16th of 146 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 13 Madagascar 4.6% compare
  2. 14 Georgia 4.3% compare
  3. 15 Uganda 4.1% compare
  4. 17 Guinea 4.0% compare
  5. 18 Turkey 3.9% compare
  6. 19 Democratic Republic of Congo 3.5% compare

See the full ranking of 146 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

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 16th out of 146 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.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)