Credit to Government and State-Owned Enterprises to GDP for Papua New Guinea
DDEI08PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.98
Year-over-Year Change
58.05%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic trend measures the ratio of credit provided to the government and state-owned enterprises as a percentage of Papua New Guinea's GDP. It offers insights into the level of government and public sector financing in the country's economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Credit to Government and State-Owned Enterprises to GDP ratio provides a gauge of the government's reliance on borrowing and the role of the public sector in Papua New Guinea's financial system. Economists and policymakers use this indicator to assess fiscal policy, public debt sustainability, and the overall health of the country's economy.
Methodology
The data is collected and calculated by the World Bank based on information from national sources.
Historical Context
This trend is used by analysts to understand Papua New Guinea's macroeconomic conditions and the government's role in the country's economic activities.
Key Facts
- Papua New Guinea's Credit to Government and State-Owned Enterprises to GDP ratio was 10.78% in 2020.
- The ratio has fluctuated between 8.3% and 13.8% over the past decade.
- High levels of government and public sector borrowing can indicate fiscal challenges.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit provided to the government and state-owned enterprises as a percentage of Papua New Guinea's GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the government's reliance on borrowing and the role of the public sector in Papua New Guinea's financial system, which is useful for assessing fiscal policy, public debt sustainability, and the overall health of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information from national sources.
Q: How is this trend used in economic policy?
A: Analysts use this trend to understand Papua New Guinea's macroeconomic conditions and the government's role in the country's economic activities.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be a lag in the most recent data available.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Papua New Guinea (DDEI08PGA156NWDB), retrieved from FRED.