Nigeria vs Papua New Guinea: Net flows on external debt, private nonguaranteed (PNG)
Net flows on external debt, private nonguaranteed (PNG) over time
- Nigeria
- Papua New Guinea
How they compare
Nigeria currently reports -1.86 billion NFL, current US$ against -3.00 billion NFL, current US$ in Papua New Guinea, a difference of 1.14 billion NFL, current US$.
The two have swapped places 11 times across 55 shared years of data; in 1970 it was Papua New Guinea ahead.
Nigeria ranks 85th and Papua New Guinea ranks 88th of 94 countries.
Across the 6 decades both report, Nigeria averaged higher in 4 and Papua New Guinea in 2.
Head to head by decade
| Decade | Nigeria | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 58.90 million NFL, current US$ | 3.65 million NFL, current US$ | 55.25 million NFL, current US$ | Nigeria |
| 1980s | 79.46 million NFL, current US$ | 138.16 million NFL, current US$ | 58.71 million NFL, current US$ | Papua New Guinea |
| 1990s | -16.57 million NFL, current US$ | 32.36 million NFL, current US$ | 48.92 million NFL, current US$ | Papua New Guinea |
| 2000s | 1.00 billion NFL, current US$ | 14.58 million NFL, current US$ | 987.68 million NFL, current US$ | Nigeria |
| 2010s | 2.05 billion NFL, current US$ | 1.44 billion NFL, current US$ | 606.89 million NFL, current US$ | Nigeria |
| 2020s | -13.04 million NFL, current US$ | -2.08 billion NFL, current US$ | 2.07 billion NFL, current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net flows on external debt, private nonguaranteed (png), Nigeria or Papua New Guinea?
- Nigeria, at -1.86 billion NFL, current US$ against -3.00 billion NFL, current US$ in Papua New Guinea as of 2024.
- What is the difference in net flows on external debt, private nonguaranteed (png) between Nigeria and Papua New Guinea?
- 1.14 billion NFL, current US$, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Papua New Guinea?
- 55 years are reported by both, from 1970 to 2024.
- How do Nigeria and Papua New Guinea rank globally for net flows on external debt, private nonguaranteed (png)?
- Nigeria ranks 85th and Papua New Guinea ranks 88th of 94 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.