The value of loans in Papua New Guinea increased 7 percent in June of 2018 over the same month in the previous year. Loan Growth in Papua New Guinea averaged 4.15 percent from 2013 until 2018, reaching an all time high of 17.70 percent in October of 2013 and a record low of -5.10 percent in October of 2017.
Loan Growth in Papua New Guinea is expected to be 7.73 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Papua New Guinea to stand at 7.79 in 12 months time. In the long-term, the Papua New Guinea Loan Growth is projected to trend around 7.79 percent in 2020, according to our econometric models.