Papua New Guinea M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Papua New Guinea's m2 money supply growth was 4.42% in 2019, ranked 38th globally. This represents a 216.9% increase from 2018. Data from World Bank, covering 1974–2019.
Overview
Papua New Guinea's m2 money supply growth stood at 4.42% in 2019, a rise of +8.20pp from 2018. Papua New Guinea ranked 38th globally.
Papua New Guinea's M2 Money Supply Growth has experienced significant fluctuations over the 46-year period from 1974 to 2019. The country's all-time peak of 63.59% in 1974 was followed by a sharp decline to an all-time trough of -23.30% in 1975, a stark reversal indicative of economic instability. Since then, the growth rate has generally trended downward, with 2019's growth rate of 4.42% ranking 38th globally. A comparison with peer countries reveals that Aruba's 4.40% growth rate in 2019 was virtually identical to Papua New Guinea's, while other countries such as Togo and Mali exhibited slightly higher growth rates. The downward trajectory of Papua New Guinea's M2 Money Supply Growth may indicate a shift towards a more stable monetary environment, but the actual trend could change with shifts in the country's economic policies or external factors, such as global commodity prices, which have historically impacted the country's economy.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2019 | 4.42% | +8.20pp | #38 |
| 2018 | -3.78% | −2.85pp | #5 |
| 2017 | -0.93% | −11.81pp | #9 |
| 2016 | 10.87% | +2.85pp | #99 |
| 2015 | 8.03% | +4.64pp | #71 |
| 2014 | 3.38% | −3.32pp | #21 |
| 2013 | 6.70% | −4.24pp | #45 |
| 2012 | 10.94% | −6.39pp | #84 |
| 2011 | 17.34% | +7.09pp | #115 |
| 2010 | 10.25% | −11.63pp | #61 |
| 2009 | 21.88% | +14.03pp | #130 |
| 2008 | 7.84% | −19.92pp | #37 |
| 2007 | 27.76% | −11.11pp | #118 |
| 2006 | 38.88% | +9.39pp | #140 |
| 2005 | 29.49% | +14.70pp | #134 |
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 m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's m2 money supply growth was 4.42% in 2019. Ranked 38th globally. This represents a 216.9% increase from the previous year.
Papua New Guinea's m2 money supply growth peaked at 63.59% in 1974.
The lowest m2 money supply growth in Papua New Guinea was -23.30% in 1975.
Papua New Guinea ranks 38th globally in m2 money supply growth as of 2019.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
The m2 money supply growth of Papua New Guinea in 2019 was 4.42%. This ranks 38th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_m2-growth,
title = {Papua New Guinea M2 Money Supply Growth},
url = {https://historysaid.com/papua-new-guinea/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}