Papua New Guinea: Financial markets development, efficiency

The latest value from 2021 is 0.001 index points, unchanged from 0.001 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Papua New Guinea from 1980 to 2021 is 0.004 index points. The minimum value, 0.001 index points, was reached in 1980 while the maximum of 0.048 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.