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 58.94 TDS, current US$ per person in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per person.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea stood at 58.94 TDS, current US$ per person.
The figure is up 18.7% on the previous year and up 435.2% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea peaked at 100.71 TDS, current US$ per person in 2020 and was at its lowest, 0.5411 TDS, current US$ per person, in 1970.
Papua New Guinea ranks 69th of 122 countries on this measure, 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 | TDS, current US$ per person | Change |
|---|---|---|
| 1970 | 0.5411 TDS, current US$ per person | — |
| 1971 | 0.8967 TDS, current US$ per person | +65.7% |
| 1972 | 1.93 TDS, current US$ per person | +115.5% |
| 1973 | 2.79 TDS, current US$ per person | +44.5% |
| 1974 | 6.65 TDS, current US$ per person | +138.1% |
| 1975 | 7.16 TDS, current US$ per person | +7.8% |
| 1976 | 9.15 TDS, current US$ per person | +27.8% |
| 1977 | 9.21 TDS, current US$ per person | +0.6% |
| 1978 | 10.2 TDS, current US$ per person | +10.7% |
| 1979 | 15.97 TDS, current US$ per person | +56.6% |
| 1980 | 19.55 TDS, current US$ per person | +22.4% |
| 1981 | 21.03 TDS, current US$ per person | +7.6% |
| 1982 | 29.34 TDS, current US$ per person | +39.5% |
| 1983 | 29.39 TDS, current US$ per person | +0.2% |
| 1984 | 37.76 TDS, current US$ per person | +28.5% |
| 1985 | 36.01 TDS, current US$ per person | -4.6% |
| 1986 | 32.86 TDS, current US$ per person | -8.8% |
| 1987 | 46.66 TDS, current US$ per person | +42.0% |
| 1988 | 83.77 TDS, current US$ per person | +79.5% |
| 1989 | 60.94 TDS, current US$ per person | -27.2% |
| 1990 | 69.37 TDS, current US$ per person | +13.8% |
| 1991 | 58.21 TDS, current US$ per person | -16.1% |
| 1992 | 47.68 TDS, current US$ per person | -18.1% |
| 1993 | 59.17 TDS, current US$ per person | +24.1% |
| 1994 | 73.65 TDS, current US$ per person | +24.5% |
| 1995 | 61.65 TDS, current US$ per person | -16.3% |
| 1996 | 51.41 TDS, current US$ per person | -16.6% |
| 1997 | 54.47 TDS, current US$ per person | +6.0% |
| 1998 | 32.88 TDS, current US$ per person | -39.6% |
| 1999 | 30.11 TDS, current US$ per person | -8.4% |
| 2000 | 30.59 TDS, current US$ per person | +1.6% |
| 2001 | 25.44 TDS, current US$ per person | -16.9% |
| 2002 | 23.69 TDS, current US$ per person | -6.8% |
| 2003 | 28 TDS, current US$ per person | +18.2% |
| 2004 | 27.75 TDS, current US$ per person | -0.9% |
| 2005 | 23.25 TDS, current US$ per person | -16.2% |
| 2006 | 23.46 TDS, current US$ per person | +0.9% |
| 2007 | 30.27 TDS, current US$ per person | +29.0% |
| 2008 | 27.17 TDS, current US$ per person | -10.2% |
| 2009 | 11.24 TDS, current US$ per person | -58.6% |
| 2010 | 10.98 TDS, current US$ per person | -2.3% |
| 2011 | 12.53 TDS, current US$ per person | +14.2% |
| 2012 | 11.91 TDS, current US$ per person | -5.0% |
| 2013 | 11.23 TDS, current US$ per person | -5.7% |
| 2014 | 11.01 TDS, current US$ per person | -1.9% |
| 2015 | 9.99 TDS, current US$ per person | -9.3% |
| 2016 | 10.96 TDS, current US$ per person | +9.7% |
| 2017 | 14.63 TDS, current US$ per person | +33.6% |
| 2018 | 19.26 TDS, current US$ per person | +31.6% |
| 2019 | 44.83 TDS, current US$ per person | +132.8% |
| 2020 | 100.71 TDS, current US$ per person | +124.6% |
| 2021 | 64.37 TDS, current US$ per person | -36.1% |
| 2022 | 36.2 TDS, current US$ per person | -43.8% |
| 2023 | 49.66 TDS, current US$ per person | +37.2% |
| 2024 | 58.94 TDS, current US$ per person | +18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.45 TDS, current US$ per person | 0.5411 TDS, current US$ per person | 15.97 TDS, current US$ per person | 10 |
| 1980s | 39.73 TDS, current US$ per person | 19.55 TDS, current US$ per person | 83.77 TDS, current US$ per person | 10 |
| 1990s | 53.86 TDS, current US$ per person | 30.11 TDS, current US$ per person | 73.65 TDS, current US$ per person | 10 |
| 2000s | 25.09 TDS, current US$ per person | 11.24 TDS, current US$ per person | 30.59 TDS, current US$ per person | 10 |
| 2010s | 15.73 TDS, current US$ per person | 9.99 TDS, current US$ per person | 44.83 TDS, current US$ per person | 10 |
| 2020s | 61.98 TDS, current US$ per person | 36.2 TDS, current US$ per person | 100.71 TDS, current US$ per person | 5 |
Countries ranked near Papua New Guinea
- 66 Iraq 70.47 TDS, current US$ per person compare
- 67 Benin 65.87 TDS, current US$ per person compare
- 68 Guatemala 61.82 TDS, current US$ per person compare
- 70 Viet Nam 57.93 TDS, current US$ per person compare
- 71 China 56.26 TDS, current US$ per person compare
- 72 Thailand 48.9 TDS, current US$ per person 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 58.94 TDS, current US$ per person 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 100.71 TDS, current US$ per person in 2020.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Papua New Guinea?
- The lowest recorded value was 0.5411 TDS, current US$ per person in 1970.
- How does Papua New Guinea rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Papua New Guinea ranks 69th 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 435.2%. 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ Population, total
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.