Cost of moneyPapua New Guinea
Savings vs inflation in Papua New Guinea
Is my bank account gaining or losing purchasing power?
Papua New Guinea's savings vs inflation is -4.16 % — #63 of 69 countries on the atlas (higher is better). Period 2024.
-4.16%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
A bank account in Papua New Guinea loses about 4.2 pp of purchasing power a year — the deposit rate trails inflation.
Among 69 countries
- Rank
- #63 of 69
- higher is better
- Ranked behind
- 9 %
- 6 of 69 countries
vs median 0.87 %: −5.03 pp (worse)
The neighbourhood
| # | Country | Savings vs inflation | vs Papua New Guinea |
|---|---|---|---|
| 61 | Montenegro | -3.63 % | +0.53 pp |
| 62 | Ghana | -3.70 % | +0.46 pp |
| 63 | Papua New Guinea | -4.16 % | — |
| 64 | Bulgaria | -4.33 % | −0.17 pp |
| 65 | Kyrgyzstan | -6.54 % | −2.38 pp |
Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.
How to read this figure
Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.