Papua New Guinea Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Papua New Guinea's credit to gdp was 14.43% in 2025, ranked 131st globally. This represents a 12.6% decrease from 2024. Data from World Bank, covering 2009–2025.
Overview
Papua New Guinea's credit to gdp stood at 14.43% in 2025, a decline of +2.09% from 2023. Based on recent trends, this figure is projected to reach 14.43% by 2025. Papua New Guinea ranked 131st globally.
Papua New Guinea's credit to GDP ratio has exhibited a significant decline over the past decade, from an all-time peak of 25.10 in 2013 to a current value of 14.43 in 2025, placing the country at #131 globally. This marked decrease indicates a reduced reliance on credit, with the ratio now closely aligned with that of Uganda, which ranked slightly higher at 14.70. Such a shift could be attributed to various factors, including improved fiscal management and investment in domestic industries. The country's decline from 21.79 in 2009 to 14.43 in 2025 marks a substantial decrease of 7.36 percentage points, demonstrating a notable adjustment in its economic strategy. However, the ongoing trend may be influenced by the country's ongoing development efforts, particularly in infrastructure and human capital, which could potentially drive future growth and alter the trajectory of credit to GDP ratio.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 13.74% | - | - |
| 2025* trend | 14.43% | - | - |
| 2025 | 14.43% | −2.09% | #131 |
| 2023 | 16.51% | +1.47% | #23 |
| 2022 | 15.04% | −2.37% | #27 |
| 2021 | 17.41% | −1.41% | #32 |
| 2020 | 18.81% | +0.76% | #33 |
| 2019 | 18.05% | −0.69% | #36 |
| 2018 | 18.74% | −0.61% | #36 |
| 2017 | 19.35% | −2.77% | #38 |
| 2016 | 22.12% | −0.43% | #45 |
| 2015 | 22.55% | −0.07% | #45 |
| 2014 | 22.63% | −2.47% | #47 |
| 2013 | 25.10% | +2.24% | #54 |
| 2012 | 22.86% | +1.92% | #55 |
| 2011 | 20.93% | −0.16% | #50 |
| 2010 | 21.09% | −0.70% | #47 |
Detected Pattern
Analysis
Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's credit to gdp was 14.43% in 2025. Ranked 131st globally. This represents a 12.6% decrease from the previous year.
Papua New Guinea's credit to gdp peaked at 25.10% in 2013.
The lowest credit to gdp in Papua New Guinea was 14.43% in 2025.
Papua New Guinea ranks 131st globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Papua New Guinea's credit to gdp is projected to reach 14.43% by 2025 based on trend extrapolation.
The credit to gdp of Papua New Guinea in 2025 was 14.43%. This ranks 131st in the world.
Cite this page
@misc{historysaid_papua-new-guinea_credit-to-gdp,
title = {Papua New Guinea Credit to GDP},
url = {https://historysaid.com/papua-new-guinea/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}