Debt service on external debt, public and publicly guaranteed (PPG) in Papua New Guinea
Papua New Guinea: Debt service on external debt, public and publicly guaranteed (PPG) was 20.81 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea is 20.81 % change on previous year, measured in 2024.
Compared with earlier readings it is down 47.6% on the previous year and up 2,839.5% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea peaked at 143.57 % change on previous year in 1974 and was at its lowest, -57.36 % change on previous year, in 2009.
That places Papua New Guinea 41st out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 69.73 % change on previous year | — |
| 1972 | 120.69 % change on previous year | +73.1% |
| 1973 | 47.89 % change on previous year | -60.3% |
| 1974 | 143.57 % change on previous year | +199.8% |
| 1975 | 10.19 % change on previous year | -92.9% |
| 1976 | 30.62 % change on previous year | +200.4% |
| 1977 | 2.83 % change on previous year | -90.7% |
| 1978 | 13.12 % change on previous year | +363.1% |
| 1979 | 59.94 % change on previous year | +356.9% |
| 1980 | 24.95 % change on previous year | -58.4% |
| 1981 | 9.82 % change on previous year | -60.6% |
| 1982 | 42.46 % change on previous year | +332.3% |
| 1983 | 2.31 % change on previous year | -94.6% |
| 1984 | 31.21 % change on previous year | +1251.7% |
| 1985 | -2.56 % change on previous year | -108.2% |
| 1986 | -6.76 % change on previous year | +164.1% |
| 1987 | 45.1 % change on previous year | -766.7% |
| 1988 | 83.46 % change on previous year | +85.0% |
| 1989 | -25.6 % change on previous year | -130.7% |
| 1990 | 16.84 % change on previous year | -165.8% |
| 1991 | -13.38 % change on previous year | -179.5% |
| 1992 | -15.14 % change on previous year | +13.2% |
| 1993 | 28.69 % change on previous year | -289.5% |
| 1994 | 29.05 % change on previous year | +1.2% |
| 1995 | -13.22 % change on previous year | -145.5% |
| 1996 | -13.58 % change on previous year | +2.7% |
| 1997 | 9.8 % change on previous year | -172.2% |
| 1998 | -37.47 % change on previous year | -482.4% |
| 1999 | -5.19 % change on previous year | -86.2% |
| 2000 | 5.17 % change on previous year | -199.7% |
| 2001 | -13.99 % change on previous year | -370.4% |
| 2002 | -3.67 % change on previous year | -73.8% |
| 2003 | 22.18 % change on previous year | -704.6% |
| 2004 | 2.39 % change on previous year | -89.2% |
| 2005 | -13.44 % change on previous year | -662.3% |
| 2006 | 4.16 % change on previous year | -130.9% |
| 2007 | 33.13 % change on previous year | +696.3% |
| 2008 | -7.39 % change on previous year | -122.3% |
| 2009 | -57.36 % change on previous year | +676.0% |
| 2010 | 0.6764 % change on previous year | -101.2% |
| 2011 | 17.55 % change on previous year | +2495.1% |
| 2012 | -2.31 % change on previous year | -113.2% |
| 2013 | -3.13 % change on previous year | +35.5% |
| 2014 | 0.708 % change on previous year | -122.6% |
| 2015 | -6.94 % change on previous year | -1080.8% |
| 2016 | 12.4 % change on previous year | -278.5% |
| 2017 | 36.8 % change on previous year | +196.9% |
| 2018 | 34.69 % change on previous year | -5.7% |
| 2019 | 138.14 % change on previous year | +298.3% |
| 2020 | 129.47 % change on previous year | -6.3% |
| 2021 | -34.8 % change on previous year | -126.9% |
| 2022 | -42.69 % change on previous year | +22.7% |
| 2023 | 39.69 % change on previous year | -193.0% |
| 2024 | 20.81 % change on previous year | -47.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 55.4 % change on previous year | 2.83 % change on previous year | 143.57 % change on previous year | 9 |
| 1980s | 20.44 % change on previous year | -25.6 % change on previous year | 83.46 % change on previous year | 10 |
| 1990s | -1.36 % change on previous year | -37.47 % change on previous year | 29.05 % change on previous year | 10 |
| 2000s | -2.88 % change on previous year | -57.36 % change on previous year | 33.13 % change on previous year | 10 |
| 2010s | 22.86 % change on previous year | -6.94 % change on previous year | 138.14 % change on previous year | 10 |
| 2020s | 22.5 % change on previous year | -42.69 % change on previous year | 129.47 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 38 Türkiye 22.19 % change on previous year compare
- 39 Gambia 21.6 % change on previous year compare
- 40 India 21.06 % change on previous year compare
- 42 Uganda 20.35 % change on previous year compare
- 43 Montenegro 20.15 % change on previous year compare
- 44 Guatemala 18.86 % change on previous year compare
More external debt data for Papua New Guinea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA 31.68 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.99 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 154,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.6% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea?
- Debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea was 20.81 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Papua New Guinea?
- The highest recorded value was 143.57 % change on previous year in 1974.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Papua New Guinea?
- The lowest recorded value was -57.36 % change on previous year in 2009.
- How does Papua New Guinea rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Papua New Guinea ranks 41st out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Papua New Guinea?
- Over the last ten years it is up 2,839.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.