External debt stocks, long-term in Papua New Guinea
Papua New Guinea: External debt stocks, long-term was 11.48 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
11.48 billion DOD, current US$
Change on year
down 20.4%
World rank
56th
of 122 countries
All-time high
21.10 billion DOD, current US$
in 2013
All-time low
208.78 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, long-term in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, long-term in Papua New Guinea is 11.48 billion DOD, current US$, measured in 2024.
That represents a change of down 20.4% on the previous year and down 41.0% over ten years.
Over the whole period, external debt stocks, long-term in Papua New Guinea peaked at 21.10 billion DOD, current US$ in 2013 and was at its lowest, 208.78 million DOD, current US$, in 1970.
Papua New Guinea ranks 56th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, long-term in Papua New Guinea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 208.78 million DOD, current US$ | — |
| 1971 | 407.18 million DOD, current US$ | +95.0% |
| 1972 | 495.03 million DOD, current US$ | +21.6% |
| 1973 | 525.58 million DOD, current US$ | +6.2% |
| 1974 | 505.32 million DOD, current US$ | -3.9% |
| 1975 | 506.04 million DOD, current US$ | +0.1% |
| 1976 | 491.98 million DOD, current US$ | -2.8% |
| 1977 | 546.80 million DOD, current US$ | +11.1% |
| 1978 | 500.24 million DOD, current US$ | -8.5% |
| 1979 | 556.77 million DOD, current US$ | +11.3% |
| 1980 | 624.07 million DOD, current US$ | +12.1% |
| 1981 | 947.37 million DOD, current US$ | +51.8% |
| 1982 | 1.37 billion DOD, current US$ | +45.1% |
| 1983 | 1.73 billion DOD, current US$ | +26.1% |
| 1984 | 1.85 billion DOD, current US$ | +6.8% |
| 1985 | 1.94 billion DOD, current US$ | +4.7% |
| 1986 | 1.91 billion DOD, current US$ | -1.6% |
| 1987 | 2.16 billion DOD, current US$ | +13.2% |
| 1988 | 2.11 billion DOD, current US$ | -2.3% |
| 1989 | 2.15 billion DOD, current US$ | +1.9% |
| 1990 | 2.46 billion DOD, current US$ | +14.6% |
| 1991 | 2.60 billion DOD, current US$ | +5.5% |
| 1992 | 3.32 billion DOD, current US$ | +27.8% |
| 1993 | 2.96 billion DOD, current US$ | -10.8% |
| 1994 | 2.68 billion DOD, current US$ | -9.6% |
| 1995 | 2.38 billion DOD, current US$ | -11.2% |
| 1996 | 2.42 billion DOD, current US$ | +1.9% |
| 1997 | 2.39 billion DOD, current US$ | -1.4% |
| 1998 | 2.51 billion DOD, current US$ | +5.1% |
| 1999 | 2.53 billion DOD, current US$ | +0.6% |
| 2000 | 2.20 billion DOD, current US$ | -12.7% |
| 2001 | 1.86 billion DOD, current US$ | -15.6% |
| 2002 | 1.68 billion DOD, current US$ | -9.9% |
| 2003 | 1.63 billion DOD, current US$ | -2.6% |
| 2004 | 1.61 billion DOD, current US$ | -1.4% |
| 2005 | 1.65 billion DOD, current US$ | +2.5% |
| 2006 | 1.66 billion DOD, current US$ | +0.7% |
| 2007 | 1.34 billion DOD, current US$ | -19.2% |
| 2008 | 1.41 billion DOD, current US$ | +5.2% |
| 2009 | 1.46 billion DOD, current US$ | +3.4% |
| 2010 | 5.38 billion DOD, current US$ | +268.4% |
| 2011 | 12.27 billion DOD, current US$ | +128.0% |
| 2012 | 14.47 billion DOD, current US$ | +17.9% |
| 2013 | 21.10 billion DOD, current US$ | +45.9% |
| 2014 | 19.44 billion DOD, current US$ | -7.9% |
| 2015 | 19.90 billion DOD, current US$ | +2.4% |
| 2016 | 18.42 billion DOD, current US$ | -7.5% |
| 2017 | 16.97 billion DOD, current US$ | -7.9% |
| 2018 | 17.09 billion DOD, current US$ | +0.7% |
| 2019 | 17.91 billion DOD, current US$ | +4.9% |
| 2020 | 17.09 billion DOD, current US$ | -4.6% |
| 2021 | 15.90 billion DOD, current US$ | -6.9% |
| 2022 | 15.71 billion DOD, current US$ | -1.2% |
| 2023 | 14.43 billion DOD, current US$ | -8.1% |
| 2024 | 11.48 billion DOD, current US$ | -20.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 11.48 billion DOD, current US$ is below the median for lower middle income countries, which is 11.71 billion DOD, current US$, 98% of the median. (43 countries reporting)
- Papua New Guinea's 11.48 billion DOD, current US$ is below the median for East Asia & Pacific, which is 13.92 billion DOD, current US$, 82% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, long-term in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +268.4% | 1.46 billion DOD, current US$ | 5.38 billion DOD, current US$ |
| 2011 | +128.0% | 5.38 billion DOD, current US$ | 12.27 billion DOD, current US$ |
| 1971 | +95.0% | 208.78 million DOD, current US$ | 407.18 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 474.37 million DOD, current US$ | 208.78 million DOD, current US$ | 556.77 million DOD, current US$ | 10 |
| 1980s | 1.68 billion DOD, current US$ | 624.07 million DOD, current US$ | 2.16 billion DOD, current US$ | 10 |
| 1990s | 2.62 billion DOD, current US$ | 2.38 billion DOD, current US$ | 3.32 billion DOD, current US$ | 10 |
| 2000s | 1.65 billion DOD, current US$ | 1.34 billion DOD, current US$ | 2.20 billion DOD, current US$ | 10 |
| 2010s | 16.29 billion DOD, current US$ | 5.38 billion DOD, current US$ | 21.10 billion DOD, current US$ | 10 |
| 2020s | 14.92 billion DOD, current US$ | 11.48 billion DOD, current US$ | 17.09 billion DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
- 53 Cameroon 12.79 billion DOD, current US$ compare
- 54 Armenia 12.41 billion DOD, current US$ compare
- 55 Benin 11.71 billion DOD, current US$ compare
- 57 Honduras 11.46 billion DOD, current US$ compare
- 58 Rwanda 11.45 billion DOD, current US$ compare
- 59 Azerbaijan 11.29 billion DOD, current US$ 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 external debt stocks, long-term in Papua New Guinea?
- External debt stocks, long-term in Papua New Guinea was 11.48 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, long-term recorded in Papua New Guinea?
- The highest recorded value was 21.10 billion DOD, current US$ in 2013.
- What is the lowest external debt stocks, long-term recorded in Papua New Guinea?
- The lowest recorded value was 208.78 million DOD, current US$ in 1970.
- How does Papua New Guinea rank for external debt stocks, long-term?
- Papua New Guinea ranks 56th out of 122 countries with data for 2024.
- Is external debt stocks, long-term rising or falling in Papua New Guinea?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, long-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.