Mortgage loans rose 13.5% to USD 0.624 bil in Papua New Guinea in 2017, according to the National Central Bank.
Historically, mortgage loans in Papua New Guinea reached an all time high of USD 0.624 bil in 2017 and an all time low of USD 0.129 bil in 2010. When compared to Papua New Guinea's main peers, mortgage loans in Australia amounted to USD 1,345 bil, USD 30.1 bil in Indonesia, USD 172 bil in New Zealand and USD 11.7 bil in Philippines in 2017.
Papua New Guinea has been ranked 66th within the group of 79 countries we follow in terms of mortgage loans, 66 places below the position seen 10 years ago.
Mortgage Loans (USD) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Australia | USD bil | 1,345 | 1,309 | 1,349 | 1,511 | 1,536 | ||||||||||||||||
China | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Indonesia | USD bil | ... | ... | 30.1 | 44.5 | 51.2 | 51.5 | 53.0 | ||||||||||||||
Malaysia | USD bil | ... | ... | ... | 120 | ... | ... | ... | ... | |||||||||||||
New Zealand | USD bil | 172 | 127 | 137 | 158 | ... | ... | ... | ||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | 0.624 | 0.595 | 0.725 | 0.795 | 0.810 | |||||||||||
Philippines | USD bil | ... | ... | ... | ... | ... | 11.7 | 12.5 | 14.5 | 16.7 | 17.0 | |||||||||||
Singapore | USD bil | 152 | ... | ... | ... | ... | ... | ... | ||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Vietnam | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |