External debt stocks, public and publicly guaranteed (PPG) (DOD) in Papua New Guinea
Papua New Guinea: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 0.2354 DOD, current US$ per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.2354 DOD, current US$ per US$ of GDP
Change on year
up 1.6%
World rank
65th
of 122 countries
All-time high
0.4797 DOD, current US$ per US$ of GDP
in 2002
All-time low
0.0531 DOD, current US$ per US$ of GDP
in 2012
Years of data
55
1970–2024
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
Papua New Guinea recorded 0.2354 DOD, current US$ per US$ of GDP for external debt stocks, public and publicly guaranteed (ppg) (dod) in 2024.
That represents a change of up 1.6% on the previous year and up 299.2% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Papua New Guinea peaked at 0.4797 DOD, current US$ per US$ of GDP in 2002 and was at its lowest, 0.0531 DOD, current US$ per US$ of GDP, in 2012.
That places Papua New Guinea 65th out of 122 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, public and publicly guaranteed (PPG) (DOD) in Papua New Guinea, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.056 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.1245 DOD, current US$ per US$ of GDP | +122.2% |
| 1972 | 0.1519 DOD, current US$ per US$ of GDP | +22.0% |
| 1973 | 0.169 DOD, current US$ per US$ of GDP | +11.3% |
| 1974 | 0.1665 DOD, current US$ per US$ of GDP | -1.5% |
| 1975 | 0.2027 DOD, current US$ per US$ of GDP | +21.8% |
| 1976 | 0.1892 DOD, current US$ per US$ of GDP | -6.7% |
| 1977 | 0.2081 DOD, current US$ per US$ of GDP | +10.0% |
| 1978 | 0.1889 DOD, current US$ per US$ of GDP | -9.2% |
| 1979 | 0.1715 DOD, current US$ per US$ of GDP | -9.3% |
| 1980 | 0.1907 DOD, current US$ per US$ of GDP | +11.2% |
| 1981 | 0.244 DOD, current US$ per US$ of GDP | +27.9% |
| 1982 | 0.3044 DOD, current US$ per US$ of GDP | +24.8% |
| 1983 | 0.3563 DOD, current US$ per US$ of GDP | +17.0% |
| 1984 | 0.3762 DOD, current US$ per US$ of GDP | +5.6% |
| 1985 | 0.4413 DOD, current US$ per US$ of GDP | +17.3% |
| 1986 | 0.4657 DOD, current US$ per US$ of GDP | +5.5% |
| 1987 | 0.4547 DOD, current US$ per US$ of GDP | -2.3% |
| 1988 | 0.3427 DOD, current US$ per US$ of GDP | -24.6% |
| 1989 | 0.3735 DOD, current US$ per US$ of GDP | +9.0% |
| 1990 | 0.473 DOD, current US$ per US$ of GDP | +26.6% |
| 1991 | 0.4307 DOD, current US$ per US$ of GDP | -9.0% |
| 1992 | 0.3637 DOD, current US$ per US$ of GDP | -15.6% |
| 1993 | 0.3249 DOD, current US$ per US$ of GDP | -10.7% |
| 1994 | 0.3148 DOD, current US$ per US$ of GDP | -3.1% |
| 1995 | 0.3597 DOD, current US$ per US$ of GDP | +14.3% |
| 1996 | 0.2997 DOD, current US$ per US$ of GDP | -16.7% |
| 1997 | 0.2711 DOD, current US$ per US$ of GDP | -9.5% |
| 1998 | 0.3774 DOD, current US$ per US$ of GDP | +39.2% |
| 1999 | 0.4218 DOD, current US$ per US$ of GDP | +11.8% |
| 2000 | 0.4129 DOD, current US$ per US$ of GDP | -2.1% |
| 2001 | 0.4447 DOD, current US$ per US$ of GDP | +7.7% |
| 2002 | 0.4797 DOD, current US$ per US$ of GDP | +7.9% |
| 2003 | 0.4254 DOD, current US$ per US$ of GDP | -11.3% |
| 2004 | 0.368 DOD, current US$ per US$ of GDP | -13.5% |
| 2005 | 0.2598 DOD, current US$ per US$ of GDP | -29.4% |
| 2006 | 0.1449 DOD, current US$ per US$ of GDP | -44.2% |
| 2007 | 0.1183 DOD, current US$ per US$ of GDP | -18.4% |
| 2008 | 0.0915 DOD, current US$ per US$ of GDP | -22.7% |
| 2009 | 0.0899 DOD, current US$ per US$ of GDP | -1.7% |
| 2010 | 0.0731 DOD, current US$ per US$ of GDP | -18.7% |
| 2011 | 0.0595 DOD, current US$ per US$ of GDP | -18.7% |
| 2012 | 0.0531 DOD, current US$ per US$ of GDP | -10.7% |
| 2013 | 0.0591 DOD, current US$ per US$ of GDP | +11.3% |
| 2014 | 0.059 DOD, current US$ per US$ of GDP | -0.1% |
| 2015 | 0.0691 DOD, current US$ per US$ of GDP | +17.2% |
| 2016 | 0.0926 DOD, current US$ per US$ of GDP | +34.0% |
| 2017 | 0.1014 DOD, current US$ per US$ of GDP | +9.5% |
| 2018 | 0.1415 DOD, current US$ per US$ of GDP | +39.6% |
| 2019 | 0.1743 DOD, current US$ per US$ of GDP | +23.2% |
| 2020 | 0.2156 DOD, current US$ per US$ of GDP | +23.7% |
| 2021 | 0.2316 DOD, current US$ per US$ of GDP | +7.4% |
| 2022 | 0.2132 DOD, current US$ per US$ of GDP | -7.9% |
| 2023 | 0.2318 DOD, current US$ per US$ of GDP | +8.7% |
| 2024 | 0.2354 DOD, current US$ per US$ of GDP | +1.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.2354 DOD, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.2719 DOD, current US$ per US$ of GDP, 87% of the median. (43 countries reporting)
- Papua New Guinea's 0.2354 DOD, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1898 DOD, current US$ per US$ of GDP, 1.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1628 DOD, current US$ per US$ of GDP | 0.056 DOD, current US$ per US$ of GDP | 0.2081 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.3549 DOD, current US$ per US$ of GDP | 0.1907 DOD, current US$ per US$ of GDP | 0.4657 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 0.3637 DOD, current US$ per US$ of GDP | 0.2711 DOD, current US$ per US$ of GDP | 0.473 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.2835 DOD, current US$ per US$ of GDP | 0.0899 DOD, current US$ per US$ of GDP | 0.4797 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.0883 DOD, current US$ per US$ of GDP | 0.0531 DOD, current US$ per US$ of GDP | 0.1743 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.2255 DOD, current US$ per US$ of GDP | 0.2132 DOD, current US$ per US$ of GDP | 0.2354 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 62 South Africa 0.2438 DOD, current US$ per US$ of GDP compare
- 63 Armenia 0.2433 DOD, current US$ per US$ of GDP compare
- 64 Pakistan 0.2409 DOD, current US$ per US$ of GDP compare
- 66 Cameroon 0.2348 DOD, current US$ per US$ of GDP compare
- 67 Kyrgyzstan 0.2322 DOD, current US$ per US$ of GDP compare
- 68 Niger 0.2295 DOD, 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 external debt stocks, public and publicly guaranteed (ppg) (dod) in Papua New Guinea?
- External debt stocks, public and publicly guaranteed (ppg) (dod) in Papua New Guinea was 0.2354 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Papua New Guinea?
- The highest recorded value was 0.4797 DOD, current US$ per US$ of GDP in 2002.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Papua New Guinea?
- The lowest recorded value was 0.0531 DOD, current US$ per US$ of GDP in 2012.
- How does Papua New Guinea rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Papua New Guinea ranks 65th out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Papua New Guinea?
- Over the last ten years it is up 299.2%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.