External debt stocks, private nonguaranteed (PNG) in Papua New Guinea
Papua New Guinea: External debt stocks, private nonguaranteed (PNG) was 4.23 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
4.23 billion DOD, current US$
Change on year
down 42.0%
World rank
47th
of 96 countries
All-time high
19.85 billion DOD, current US$
in 2013
All-time low
129.46 million DOD, current US$
in 2003
Years of data
55
1970–2024
External debt stocks, private nonguaranteed (PNG) in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, private nonguaranteed (png) in Papua New Guinea stood at 4.23 billion DOD, current US$.
That represents a change of down 42.0% on the previous year and down 76.6% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in Papua New Guinea peaked at 19.85 billion DOD, current US$ in 2013 and was at its lowest, 129.46 million DOD, current US$, in 2003.
That places Papua New Guinea 47th out of 96 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, private nonguaranteed (PNG) in Papua New Guinea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 172.60 million DOD, current US$ | — |
| 1971 | 317.80 million DOD, current US$ | +84.1% |
| 1972 | 364.60 million DOD, current US$ | +14.7% |
| 1973 | 306.00 million DOD, current US$ | -16.1% |
| 1974 | 261.00 million DOD, current US$ | -14.7% |
| 1975 | 231.00 million DOD, current US$ | -11.5% |
| 1976 | 206.00 million DOD, current US$ | -10.8% |
| 1977 | 205.30 million DOD, current US$ | -0.3% |
| 1978 | 132.20 million DOD, current US$ | -35.6% |
| 1979 | 163.50 million DOD, current US$ | +23.7% |
| 1980 | 138.60 million DOD, current US$ | -15.2% |
| 1981 | 337.90 million DOD, current US$ | +143.8% |
| 1982 | 653.30 million DOD, current US$ | +93.3% |
| 1983 | 820.10 million DOD, current US$ | +25.5% |
| 1984 | 890.00 million DOD, current US$ | +8.5% |
| 1985 | 867.86 million DOD, current US$ | -2.5% |
| 1986 | 673.98 million DOD, current US$ | -22.3% |
| 1987 | 729.26 million DOD, current US$ | +8.2% |
| 1988 | 855.95 million DOD, current US$ | +17.4% |
| 1989 | 823.80 million DOD, current US$ | -3.8% |
| 1990 | 938.20 million DOD, current US$ | +13.9% |
| 1991 | 964.40 million DOD, current US$ | +2.8% |
| 1992 | 1.73 billion DOD, current US$ | +78.9% |
| 1993 | 1.34 billion DOD, current US$ | -22.1% |
| 1994 | 945.62 million DOD, current US$ | -29.7% |
| 1995 | 710.74 million DOD, current US$ | -24.8% |
| 1996 | 877.89 million DOD, current US$ | +23.5% |
| 1997 | 1.05 billion DOD, current US$ | +19.5% |
| 1998 | 1.08 billion DOD, current US$ | +2.9% |
| 1999 | 1.06 billion DOD, current US$ | -2.0% |
| 2000 | 750.00 million DOD, current US$ | -29.2% |
| 2001 | 491.00 million DOD, current US$ | -34.5% |
| 2002 | 239.00 million DOD, current US$ | -51.3% |
| 2003 | 129.46 million DOD, current US$ | -45.8% |
| 2004 | 165.95 million DOD, current US$ | +28.2% |
| 2005 | 386.51 million DOD, current US$ | +132.9% |
| 2006 | 451.17 million DOD, current US$ | +16.7% |
| 2007 | 213.26 million DOD, current US$ | -52.7% |
| 2008 | 344.66 million DOD, current US$ | +61.6% |
| 2009 | 415.25 million DOD, current US$ | +20.5% |
| 2010 | 4.34 billion DOD, current US$ | +944.5% |
| 2011 | 11.20 billion DOD, current US$ | +158.2% |
| 2012 | 13.34 billion DOD, current US$ | +19.1% |
| 2013 | 19.85 billion DOD, current US$ | +48.8% |
| 2014 | 18.07 billion DOD, current US$ | -9.0% |
| 2015 | 18.40 billion DOD, current US$ | +1.8% |
| 2016 | 16.49 billion DOD, current US$ | -10.4% |
| 2017 | 14.66 billion DOD, current US$ | -11.1% |
| 2018 | 13.67 billion DOD, current US$ | -6.7% |
| 2019 | 13.60 billion DOD, current US$ | -0.5% |
| 2020 | 11.95 billion DOD, current US$ | -12.2% |
| 2021 | 9.86 billion DOD, current US$ | -17.5% |
| 2022 | 8.96 billion DOD, current US$ | -9.1% |
| 2023 | 7.29 billion DOD, current US$ | -18.7% |
| 2024 | 4.23 billion DOD, current US$ | -42.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 236.00 million DOD, current US$ | 132.20 million DOD, current US$ | 364.60 million DOD, current US$ | 10 |
| 1980s | 679.08 million DOD, current US$ | 138.60 million DOD, current US$ | 890.00 million DOD, current US$ | 10 |
| 1990s | 1.07 billion DOD, current US$ | 710.74 million DOD, current US$ | 1.73 billion DOD, current US$ | 10 |
| 2000s | 358.63 million DOD, current US$ | 129.46 million DOD, current US$ | 750.00 million DOD, current US$ | 10 |
| 2010s | 14.36 billion DOD, current US$ | 4.34 billion DOD, current US$ | 19.85 billion DOD, current US$ | 10 |
| 2020s | 8.45 billion DOD, current US$ | 4.23 billion DOD, current US$ | 11.95 billion DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
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, private nonguaranteed (png) in Papua New Guinea?
- External debt stocks, private nonguaranteed (png) in Papua New Guinea was 4.23 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in Papua New Guinea?
- The highest recorded value was 19.85 billion DOD, current US$ in 2013.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in Papua New Guinea?
- The lowest recorded value was 129.46 million DOD, current US$ in 2003.
- How does Papua New Guinea rank for external debt stocks, private nonguaranteed (png)?
- Papua New Guinea ranks 47th out of 96 countries with data for 2024.
- Is external debt stocks, private nonguaranteed (png) rising or falling in Papua New Guinea?
- Over the last ten years it is down 76.6%. 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, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.