Papua New Guinea Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Papua New Guinea's domestic credit was 33.08% in 2025, ranked 43rd globally. This represents a 9.4% decrease from 2024. Data from World Bank, covering 2009–2025.
Overview
Papua New Guinea's domestic credit stood at 33.08% in 2025, a decline of +3.42% from 2023. Based on recent trends, this figure is projected to reach 33.08% by 2025. Papua New Guinea ranked 43rd globally.
Papua New Guinea's domestic credit has exhibited a moderate upward trend over the past 16 years. Starting from a low of 21.78 in 2011, the country's domestic credit expanded to an all-time peak of 44.57 in 2016, before gradually declining to 33.08 in 2025. This trajectory is comparable to that of Zambia, another country in the region, which has maintained a stable domestic credit level of around 35.08 over the same period. Between 2009 and 2025, Papua New Guinea's domestic credit grew at an average annual rate of 3.46%, a relatively slow pace compared to the global average. Despite this, the country's domestic credit remains above its 2009 level, indicating a gradual increase in the availability of credit for businesses and households. A sustained economic growth, driven by investments in infrastructure and human capital, could further boost domestic credit in Papua New Guinea, potentially leading to a renewed upward trend.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 32.00% | - | - |
| 2025* trend | 33.08% | - | - |
| 2025 | 33.08% | −3.42% | #43 |
| 2023 | 36.50% | +3.88% | #10 |
| 2022 | 32.62% | −6.14% | #11 |
| 2021 | 38.76% | −2.94% | #10 |
| 2020 | 41.71% | +4.36% | #10 |
| 2019 | 37.35% | +0.81% | #11 |
| 2018 | 36.54% | −4.51% | #10 |
| 2017 | 41.05% | −3.52% | #14 |
| 2016 | 44.57% | +4.03% | #15 |
| 2015 | 40.54% | +3.35% | #11 |
| 2014 | 37.19% | +1.83% | #10 |
| 2013 | 35.36% | +7.17% | #9 |
| 2012 | 28.18% | +6.41% | #8 |
| 2011 | 21.78% | −1.92% | #8 |
| 2010 | 23.70% | −2.86% | #8 |
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 domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's domestic credit was 33.08% in 2025. Ranked 43rd globally. This represents a 9.4% decrease from the previous year.
Papua New Guinea's domestic credit peaked at 44.57% in 2016.
The lowest domestic credit in Papua New Guinea was 21.78% in 2011.
Papua New Guinea ranks 43rd globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Papua New Guinea's domestic credit is projected to reach 33.08% by 2025 based on trend extrapolation.
The domestic credit of Papua New Guinea in 2025 was 33.08%. This ranks 43rd in the world.
Cite this page
@misc{historysaid_papua-new-guinea_domestic-credit,
title = {Papua New Guinea Domestic Credit},
url = {https://historysaid.com/papua-new-guinea/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}