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 0.0202 TDS, current US$ per US$ of GDP 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 US$ of GDP.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea stood at 0.0202 TDS, current US$ per US$ of GDP.
The figure is up 20.9% on the previous year and up 400.4% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Papua New Guinea peaked at 0.085 TDS, current US$ per US$ of GDP in 1988 and was at its lowest, 0.0021 TDS, current US$ per US$ of GDP, in 1970.
Papua New Guinea ranks 64th 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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0021 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0032 TDS, current US$ per US$ of GDP | +52.7% |
| 1972 | 0.0059 TDS, current US$ per US$ of GDP | +84.5% |
| 1973 | 0.0058 TDS, current US$ per US$ of GDP | -2.2% |
| 1974 | 0.0125 TDS, current US$ per US$ of GDP | +115.6% |
| 1975 | 0.0149 TDS, current US$ per US$ of GDP | +19.2% |
| 1976 | 0.0174 TDS, current US$ per US$ of GDP | +17.2% |
| 1977 | 0.0165 TDS, current US$ per US$ of GDP | -5.2% |
| 1978 | 0.0157 TDS, current US$ per US$ of GDP | -4.7% |
| 1979 | 0.0214 TDS, current US$ per US$ of GDP | +35.8% |
| 1980 | 0.024 TDS, current US$ per US$ of GDP | +12.6% |
| 1981 | 0.0269 TDS, current US$ per US$ of GDP | +11.9% |
| 1982 | 0.0404 TDS, current US$ per US$ of GDP | +50.2% |
| 1983 | 0.0382 TDS, current US$ per US$ of GDP | -5.4% |
| 1984 | 0.0504 TDS, current US$ per US$ of GDP | +31.7% |
| 1985 | 0.0517 TDS, current US$ per US$ of GDP | +2.6% |
| 1986 | 0.0441 TDS, current US$ per US$ of GDP | -14.7% |
| 1987 | 0.0539 TDS, current US$ per US$ of GDP | +22.2% |
| 1988 | 0.085 TDS, current US$ per US$ of GDP | +57.8% |
| 1989 | 0.0652 TDS, current US$ per US$ of GDP | -23.3% |
| 1990 | 0.0839 TDS, current US$ per US$ of GDP | +28.7% |
| 1991 | 0.0618 TDS, current US$ per US$ of GDP | -26.4% |
| 1992 | 0.0454 TDS, current US$ per US$ of GDP | -26.6% |
| 1993 | 0.0514 TDS, current US$ per US$ of GDP | +13.3% |
| 1994 | 0.06 TDS, current US$ per US$ of GDP | +16.7% |
| 1995 | 0.0618 TDS, current US$ per US$ of GDP | +3.0% |
| 1996 | 0.048 TDS, current US$ per US$ of GDP | -22.3% |
| 1997 | 0.055 TDS, current US$ per US$ of GDP | +14.7% |
| 1998 | 0.0448 TDS, current US$ per US$ of GDP | -18.5% |
| 1999 | 0.0463 TDS, current US$ per US$ of GDP | +3.3% |
| 2000 | 0.0481 TDS, current US$ per US$ of GDP | +3.8% |
| 2001 | 0.0473 TDS, current US$ per US$ of GDP | -1.7% |
| 2002 | 0.0468 TDS, current US$ per US$ of GDP | -1.1% |
| 2003 | 0.0485 TDS, current US$ per US$ of GDP | +3.6% |
| 2004 | 0.0447 TDS, current US$ per US$ of GDP | -7.8% |
| 2005 | 0.0312 TDS, current US$ per US$ of GDP | -30.1% |
| 2006 | 0.0189 TDS, current US$ per US$ of GDP | -39.3% |
| 2007 | 0.0221 TDS, current US$ per US$ of GDP | +16.5% |
| 2008 | 0.0167 TDS, current US$ per US$ of GDP | -24.3% |
| 2009 | 0.0072 TDS, current US$ per US$ of GDP | -57.2% |
| 2010 | 0.0059 TDS, current US$ per US$ of GDP | -17.9% |
| 2011 | 0.0055 TDS, current US$ per US$ of GDP | -6.9% |
| 2012 | 0.0045 TDS, current US$ per US$ of GDP | -17.5% |
| 2013 | 0.0044 TDS, current US$ per US$ of GDP | -3.0% |
| 2014 | 0.004 TDS, current US$ per US$ of GDP | -7.8% |
| 2015 | 0.004 TDS, current US$ per US$ of GDP | -0.6% |
| 2016 | 0.0047 TDS, current US$ per US$ of GDP | +17.6% |
| 2017 | 0.0059 TDS, current US$ per US$ of GDP | +24.9% |
| 2018 | 0.0075 TDS, current US$ per US$ of GDP | +27.0% |
| 2019 | 0.0174 TDS, current US$ per US$ of GDP | +132.0% |
| 2020 | 0.0415 TDS, current US$ per US$ of GDP | +138.1% |
| 2021 | 0.0247 TDS, current US$ per US$ of GDP | -40.5% |
| 2022 | 0.0117 TDS, current US$ per US$ of GDP | -52.7% |
| 2023 | 0.0167 TDS, current US$ per US$ of GDP | +43.5% |
| 2024 | 0.0202 TDS, current US$ per US$ of GDP | +20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0115 TDS, current US$ per US$ of GDP | 0.0021 TDS, current US$ per US$ of GDP | 0.0214 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.048 TDS, current US$ per US$ of GDP | 0.024 TDS, current US$ per US$ of GDP | 0.085 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0558 TDS, current US$ per US$ of GDP | 0.0448 TDS, current US$ per US$ of GDP | 0.0839 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0332 TDS, current US$ per US$ of GDP | 0.0072 TDS, current US$ per US$ of GDP | 0.0485 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0064 TDS, current US$ per US$ of GDP | 0.004 TDS, current US$ per US$ of GDP | 0.0174 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.023 TDS, current US$ per US$ of GDP | 0.0117 TDS, current US$ per US$ of GDP | 0.0415 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 61 Mexico 0.0212 TDS, current US$ per US$ of GDP compare
- 62 Haiti 0.0211 TDS, current US$ per US$ of GDP compare
- 63 Philippines 0.021 TDS, current US$ per US$ of GDP compare
- 65 Gambia 0.0201 TDS, current US$ per US$ of GDP compare
- 66 Bulgaria 0.0198 TDS, current US$ per US$ of GDP compare
- 67 Eswatini 0.0194 TDS, current US$ per US$ of GDP 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 0.0202 TDS, current US$ per US$ of GDP 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 0.085 TDS, current US$ per US$ of GDP in 1988.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Papua New Guinea?
- The lowest recorded value was 0.0021 TDS, current US$ per US$ of GDP in 1970.
- How does Papua New Guinea rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Papua New Guinea ranks 64th 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 400.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.