Papua New Guinea PG: Monetary Sector Credit to Private Sector: % of GDP

Papua New Guinea PG: Monetary Sector Credit to Private Sector: % of GDP data was reported at 14.420 % in 2023. This records an increase from the previous number of 12.561 % for 2022. Papua New Guinea PG: Monetary Sector Credit to Private Sector: % of GDP data is updated yearly, averaging 16.867 % from Dec 1973 (Median) to 2023, with 51 observations. The data reached an all-time high of 29.231 % in 1989 and a record low of 11.547 % in 2006. Papua New Guinea PG: Monetary Sector Credit to Private Sector: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank.WDI: Bank Loans. Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;;

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