Retail deposits reached 170 PGK bil in 2015 in Papua New Guinea, according to the National Central Bank. This is 3.95 % less than in the previous year.
Historically, retail deposits in Papua New Guinea reached an all time high of 177 PGK bil in 2014 and an all time low of 41.0 PGK bil in 2004.
Papua New Guinea has been ranked 19th within the group of 26 countries we follow in terms of retail deposits, 27 places above the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.