Papua New Guinea: Broad money (current LCU)

Key figures

What the numbers say

In 2019, Papua New Guinea's broad money (current LCU) rose 4.4% on 2018 (from 21.37 billion to 22.31 billion).

Across the 30 yearly changes before that (1989 to 2018), the average change was +11.3% and a typical year strayed about 10.4% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 63.6% in 1974 and the biggest yearly fall was 23.3% in 1975. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2010 to 2019 the straight-line trend is upward, about 1.01 billion a year. A straight line explains 89% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Papua New Guinea in the 2019 ranking

• Sri Lanka — 1st of 4: 9.46 trillion
• Gabon — 2nd of 4: 2.27 trillion
• Mauritania — 3rd of 4: 82.31 billion

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 47 values

Broad money (current LCU) in nearby economies

• Australia — 3.7 trillion (2025)
• Brunei Darussalam — 17.52 billion (2025)
• Cambodia — 256.78 trillion (2025)
• China — 306.91 trillion (2024)
• Fiji — 11.14 billion (2023)
• Hong Kong SAR, China — 16.03 trillion (2025)
• Indonesia — 10,134.7 trillion (2025)
• Japan — 1,638.01 trillion (2025)
• Korea, Rep. — 4,160.36 trillion (2024)
• Macao SAR, China — 841.15 billion (2025)
• Malaysia — 2.44 trillion (2025)

More financial sector data for Papua New Guinea

• GDP deflator (base year varies by country) — 175.74 (2025)
• DEC alternative conversion factor (LCU per US$) — US$4.12 (2025)
• Official exchange rate (LCU per US$, period average) — US$4.12 (2025)
• Inflation, GDP deflator (annual % growth) — 6.87% (2025)
• Consumer price index (2010 = 100) — 193.24 (2025)
• Inflation, consumer prices (annual % growth) — 4.42% (2025)
• Domestic credit to private sector by banks (% of GDP) — 13.45% (2025)
• Net domestic credit (current LCU) — 31.63 billion (2025)
• Net foreign assets (current LCU)

Reading data like this

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Questions people ask

What is Papua New Guinea's broad money (current LCU)?

22.31 billion in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1973?

It is up 11,305% from 195.64 million in 1973 (10.85% a year on average, compounded). The highest value was 22.42 billion in 2016 and the lowest 195.64 million in 1973.

Is the latest change in broad money (current LCU) unusual for Papua New Guinea?

In 2019, Papua New Guinea's broad money (current LCU) rose 4.4% on 2018 (from 21.37 billion to 22.31 billion). Across the 30 yearly changes before that (1989 to 2018), the average change was +11.3% and a typical year strayed about 10.4% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FM.LBL.BMNY.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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