How does Papua New Guinea rank for debt service on external debt, total (tds, current us$), per unit of?

Papua New Guinea ranks 4th out of 121 countries with data for 2024.

Is debt service on external debt, total (tds, current us$), per unit of rising or falling in Papua New Guinea?

Over the last ten years it is up 279.3%. The long-run trend across the full record is rising.

Debt service on external debt, total (TDS, current US$), per unit of in Papua New Guinea

Name: Debt service on external debt, total (TDS, current US$), per unit of in Papua New Guinea
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Papua New Guinea: Debt service on external debt, total (TDS, current US$), per unit of was 0.191 TDS, current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)

0.191 TDS, current US$ per US$ of GDP

Change on year

up 4.3%

World rank

4th

of 121 countries

All-time high

0.191 TDS, current US$ per US$ of GDP

in 2024

All-time low

0.0227 TDS, current US$ per US$ of GDP

in 2012

Years of data

1970–2024

Debt service on external debt, total (TDS, current US$), per unit of in Papua New Guinea, 1970–2024

Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.

Analysis

The most recent figure for debt service on external debt, total (tds, current us$), per unit of in Papua New Guinea is 0.191 TDS, current US$ per US$ of GDP, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 4.3% on the previous year and up 279.3% over ten years.

Over the whole period, debt service on external debt, total (tds, current us$), per unit of in Papua New Guinea peaked at 0.191 TDS, current US$ per US$ of GDP in 2024 and was at its lowest, 0.0227 TDS, current US$ per US$ of GDP, in 2012.

That places Papua New Guinea 4th out of 121 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

Debt service on external debt, total (TDS, current US$), per unit of in Papua New Guinea, year by year

Annual values for Debt service on external debt, total (TDS, current US$), per unit of GDP in Papua New Guinea, 1970 to 2024.
Year	TDS, current US$ per US$ of GDP	Change
1970	0.0467 TDS, current US$ per US$ of GDP	—
1971	0.0846 TDS, current US$ per US$ of GDP	+81.0%
1972	0.1227 TDS, current US$ per US$ of GDP	+45.1%
1973	0.0956 TDS, current US$ per US$ of GDP	-22.1%
1974	0.0797 TDS, current US$ per US$ of GDP	-16.7%
1975	0.0749 TDS, current US$ per US$ of GDP	-5.9%
1976	0.0703 TDS, current US$ per US$ of GDP	-6.1%
1977	0.0677 TDS, current US$ per US$ of GDP	-3.7%
1978	0.0709 TDS, current US$ per US$ of GDP	+4.7%
1979	0.0459 TDS, current US$ per US$ of GDP	-35.3%
1980	0.0588 TDS, current US$ per US$ of GDP	+28.2%
1981	0.0738 TDS, current US$ per US$ of GDP	+25.4%
1982	0.0982 TDS, current US$ per US$ of GDP	+33.1%
1983	0.1119 TDS, current US$ per US$ of GDP	+13.9%
1984	0.1616 TDS, current US$ per US$ of GDP	+44.4%
1985	0.1403 TDS, current US$ per US$ of GDP	-13.2%
1986	0.1216 TDS, current US$ per US$ of GDP	-13.4%
1987	0.1131 TDS, current US$ per US$ of GDP	-7.0%
1988	0.1362 TDS, current US$ per US$ of GDP	+20.5%
1989	0.1454 TDS, current US$ per US$ of GDP	+6.7%
1990	0.1718 TDS, current US$ per US$ of GDP	+18.1%
1991	0.1332 TDS, current US$ per US$ of GDP	-22.4%
1992	0.1514 TDS, current US$ per US$ of GDP	+13.6%
1993	0.1713 TDS, current US$ per US$ of GDP	+13.1%
1994	0.1631 TDS, current US$ per US$ of GDP	-4.8%
1995	0.1351 TDS, current US$ per US$ of GDP	-17.2%
1996	0.0949 TDS, current US$ per US$ of GDP	-29.7%
1997	0.1077 TDS, current US$ per US$ of GDP	+13.5%
1998	0.0823 TDS, current US$ per US$ of GDP	-23.6%
1999	0.0611 TDS, current US$ per US$ of GDP	-25.8%
2000	0.0866 TDS, current US$ per US$ of GDP	+41.8%
2001	0.0873 TDS, current US$ per US$ of GDP	+0.8%
2002	0.0921 TDS, current US$ per US$ of GDP	+5.5%
2003	0.0541 TDS, current US$ per US$ of GDP	-41.3%
2004	0.0641 TDS, current US$ per US$ of GDP	+18.5%
2005	0.0633 TDS, current US$ per US$ of GDP	-1.3%
2006	0.0391 TDS, current US$ per US$ of GDP	-38.3%
2007	0.1056 TDS, current US$ per US$ of GDP	+170.3%
2008	0.0834 TDS, current US$ per US$ of GDP	-21.0%
2009	0.0467 TDS, current US$ per US$ of GDP	-44.0%
2010	0.057 TDS, current US$ per US$ of GDP	+22.0%
2011	0.0658 TDS, current US$ per US$ of GDP	+15.6%
2012	0.0227 TDS, current US$ per US$ of GDP	-65.5%
2013	0.0594 TDS, current US$ per US$ of GDP	+161.8%
2014	0.0503 TDS, current US$ per US$ of GDP	-15.3%
2015	0.0505 TDS, current US$ per US$ of GDP	+0.4%
2016	0.1599 TDS, current US$ per US$ of GDP	+216.2%
2017	0.1225 TDS, current US$ per US$ of GDP	-23.4%
2018	0.1153 TDS, current US$ per US$ of GDP	-5.9%
2019	0.0955 TDS, current US$ per US$ of GDP	-17.2%
2020	0.1136 TDS, current US$ per US$ of GDP	+19.0%
2021	0.1551 TDS, current US$ per US$ of GDP	+36.5%
2022	0.1407 TDS, current US$ per US$ of GDP	-9.3%
2023	0.1831 TDS, current US$ per US$ of GDP	+30.1%
2024	0.191 TDS, current US$ per US$ of GDP	+4.3%

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0759 TDS, current US$ per US$ of GDP	0.0459 TDS, current US$ per US$ of GDP	0.1227 TDS, current US$ per US$ of GDP	10
1980s	0.1161 TDS, current US$ per US$ of GDP	0.0588 TDS, current US$ per US$ of GDP	0.1616 TDS, current US$ per US$ of GDP	10
1990s	0.1272 TDS, current US$ per US$ of GDP	0.0611 TDS, current US$ per US$ of GDP	0.1718 TDS, current US$ per US$ of GDP	10
2000s	0.0722 TDS, current US$ per US$ of GDP	0.0391 TDS, current US$ per US$ of GDP	0.1056 TDS, current US$ per US$ of GDP	10
2010s	0.0799 TDS, current US$ per US$ of GDP	0.0227 TDS, current US$ per US$ of GDP	0.1599 TDS, current US$ per US$ of GDP	10
2020s	0.1567 TDS, current US$ per US$ of GDP	0.1136 TDS, current US$ per US$ of GDP	0.191 TDS, current US$ per US$ of GDP	5

Countries ranked near Papua New Guinea

1 El Salvador 0.3319 TDS, current US$ per US$ of GDP compare
2 Mongolia 0.2278 TDS, current US$ per US$ of GDP compare
3 Mozambique 0.1995 TDS, current US$ per US$ of GDP compare
5 Suriname 0.1861 TDS, current US$ per US$ of GDP compare
6 Kazakhstan 0.159 TDS, current US$ per US$ of GDP compare
7 Zambia 0.1546 TDS, current US$ per US$ of GDP compare

See the full ranking of 133 places →

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)

All data for Papua New Guinea →

Frequently asked questions

What is debt service on external debt, total (tds, current us$), per unit of in Papua New Guinea?: Debt service on external debt, total (tds, current us$), per unit of in Papua New Guinea was 0.191 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest debt service on external debt, total (tds, current us$), per unit of recorded in Papua New Guinea?: The highest recorded value was 0.191 TDS, current US$ per US$ of GDP in 2024.
What is the lowest debt service on external debt, total (tds, current us$), per unit of recorded in Papua New Guinea?: The lowest recorded value was 0.0227 TDS, current US$ per US$ of GDP in 2012.
How does Papua New Guinea rank for debt service on external debt, total (tds, current us$), per unit of?: Papua New Guinea ranks 4th out of 121 countries with data for 2024.
Is debt service on external debt, total (tds, current us$), per unit of rising or falling in Papua New Guinea?: Over the last ten years it is up 279.3%. The long-run trend across the full record is rising.
Where does this Papua New Guinea data come from?: The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Debt service on external debt, total (TDS, current US$), per unit of in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://debt.statizoid.com/stat/debt-service-on-external-debt-total-tds-current-us-per-unit-of-gdp/papua-new-guinea/

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How this figure is calculated

Debt service on external debt, total (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, total (TDS, current US$) ÷ GDP (current US$)

Computed from

Debt service on external debt, total 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

Indicator: Debt service on external debt, total (TDS, current US$), per unit of GDP
Unit: TDS, current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 133 places, 6,252 data points, 1970–2024
Last refreshed: 26 August 2026

Debt service on external debt, total (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.