Number of Household Sector Loan Accounts with All Microfinance in Papua New Guinea
Papua New Guinea: Number of Household Sector Loan Accounts with All Microfinance was 2.82 in 2022. ◆ Volatile
Number of Household Sector Loan Accounts with All Microfinance in Papua New Guinea, 2004–2022
Source: International Monetary Fund.
Analysis
In 2022, number of household sector loan accounts with all microfinance in Papua New Guinea stood at 2.82.
Compared with earlier readings it is down 71.9% on the previous year and up 179.8% over ten years.
Over the whole period, number of household sector loan accounts with all microfinance in Papua New Guinea peaked at 11.76 in 2017 and was at its lowest, 0.2403, in 2006.
That places Papua New Guinea 51st out of 59 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Loan Accounts with All Microfinance in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.59 | — |
| 2005 | 2.49 | -3.6% |
| 2006 | 0.2403 | -90.4% |
| 2007 | 2.32 | +865.9% |
| 2008 | 1.79 | -22.7% |
| 2009 | 1.49 | -17.1% |
| 2010 | 1.07 | -27.9% |
| 2011 | 1.06 | -0.7% |
| 2012 | 1.01 | -5.3% |
| 2013 | 3.13 | +210.2% |
| 2014 | 3.08 | -1.4% |
| 2015 | 2.95 | -4.3% |
| 2016 | 2.39 | -18.8% |
| 2017 | 11.76 | +391.1% |
| 2018 | 8.46 | -28.0% |
| 2019 | 3.05 | -64.0% |
| 2020 | 3.61 | +18.4% |
| 2021 | 10.04 | +178.6% |
| 2022 | 2.82 | -71.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.82 is below the median for lower middle income countries, which is 59.89, 5% of the median. (30 countries reporting)
- Papua New Guinea's 2.82 is below the median for East Asia & Pacific, which is 20.1, 14% of the median. (7 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Loan Accounts with All Microfinance in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +865.9% | 0.2403 | 2.32 |
| 2017 | +391.1% | 2.39 | 11.76 |
| 2013 | +210.2% | 1.01 | 3.13 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.82 | 0.2403 | 2.59 | 6 |
| 2010s | 3.8 | 1.01 | 11.76 | 10 |
| 2020s | 5.49 | 2.82 | 10.04 | 3 |
Countries ranked near Papua New Guinea
More gender data for Papua New Guinea
- Child population (UN estimates and projections) 3,665 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 0.4371 % change on previous year (2030)
- Population 8,006 (2030)
- Working-age population (UN estimates and projections) 8,006 (2030)
- Population (UN estimates and projections), annual growth rate 2.07 % change on previous year (2030)
- Age population, age 00, female, interpolated 120,773 (2025)
- Age population, age 00, male, interpolated 129,292 (2025)
- Age population, age 01, female, interpolated 119,621 (2025)
- Age population, age 01, male, interpolated 128,016 (2025)
- Age population, age 02, female, interpolated 119,145 (2025)
Frequently asked questions
- What is number of household sector loan accounts with all microfinance in Papua New Guinea?
- Number of household sector loan accounts with all microfinance in Papua New Guinea was 2.82 in 2022, according to International Monetary Fund.
- What is the highest number of household sector loan accounts with all microfinance recorded in Papua New Guinea?
- The highest recorded value was 11.76 in 2017.
- What is the lowest number of household sector loan accounts with all microfinance recorded in Papua New Guinea?
- The lowest recorded value was 0.2403 in 2006.
- How does Papua New Guinea rank for number of household sector loan accounts with all microfinance?
- Papua New Guinea ranks 51st out of 59 countries with data for 2022.
- Is number of household sector loan accounts with all microfinance rising or falling in Papua New Guinea?
- Over the last ten years it is up 179.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Loan Accounts with All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.