External debt stocks, short-term in Papua New Guinea
Papua New Guinea: External debt stocks, short-term was 121.14 million DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
121.14 million DOD, current US$
Change on year
up 548.9%
World rank
94th
of 122 countries
All-time high
3.05 billion DOD, current US$
in 2022
All-time low
0 DOD, current US$
in 1976
Years of data
49
1976–2024
External debt stocks, short-term in Papua New Guinea, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, short-term in Papua New Guinea stood at 121.14 million DOD, current US$.
The figure is up 548.9% on the previous year and down 85.0% over ten years.
Over the whole period, external debt stocks, short-term in Papua New Guinea peaked at 3.05 billion DOD, current US$ in 2022 and was at its lowest, 0 DOD, current US$, in 1976.
That places Papua New Guinea 94th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in Papua New Guinea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1976 | 0 DOD, current US$ | — |
| 1977 | 99.00 million DOD, current US$ | — |
| 1978 | 53.00 million DOD, current US$ | -46.5% |
| 1979 | 28.00 million DOD, current US$ | -47.2% |
| 1980 | 64.00 million DOD, current US$ | +128.6% |
| 1981 | 162.00 million DOD, current US$ | +153.1% |
| 1982 | 182.00 million DOD, current US$ | +12.3% |
| 1983 | 67.00 million DOD, current US$ | -63.2% |
| 1984 | 145.00 million DOD, current US$ | +116.4% |
| 1985 | 146.00 million DOD, current US$ | +0.7% |
| 1986 | 62.00 million DOD, current US$ | -57.5% |
| 1987 | 105.00 million DOD, current US$ | +69.4% |
| 1988 | 134.90 million DOD, current US$ | +28.5% |
| 1989 | 164.68 million DOD, current US$ | +22.1% |
| 1990 | 71.61 million DOD, current US$ | -56.5% |
| 1991 | 117.33 million DOD, current US$ | +63.8% |
| 1992 | 412.24 million DOD, current US$ | +251.4% |
| 1993 | 263.94 million DOD, current US$ | -36.0% |
| 1994 | 99.00 million DOD, current US$ | -62.5% |
| 1995 | 77.62 million DOD, current US$ | -21.6% |
| 1996 | 33.80 million DOD, current US$ | -56.5% |
| 1997 | 154.00 million DOD, current US$ | +355.6% |
| 1998 | 156.73 million DOD, current US$ | +1.8% |
| 1999 | 97.46 million DOD, current US$ | -37.8% |
| 2000 | 70.00 million DOD, current US$ | -28.2% |
| 2001 | 67.00 million DOD, current US$ | -4.3% |
| 2002 | 50.00 million DOD, current US$ | -25.4% |
| 2003 | 94.00 million DOD, current US$ | +88.0% |
| 2004 | 80.00 million DOD, current US$ | -14.9% |
| 2005 | 207.00 million DOD, current US$ | +158.8% |
| 2006 | 79.00 million DOD, current US$ | -61.8% |
| 2007 | 174.00 million DOD, current US$ | +120.3% |
| 2008 | 10.00 million DOD, current US$ | -94.3% |
| 2009 | 112.00 million DOD, current US$ | +1020.0% |
| 2010 | 414.00 million DOD, current US$ | +269.6% |
| 2011 | 123.00 million DOD, current US$ | -70.3% |
| 2012 | 261.14 million DOD, current US$ | +112.3% |
| 2013 | 313.98 million DOD, current US$ | +20.2% |
| 2014 | 808.17 million DOD, current US$ | +157.4% |
| 2015 | 311.12 million DOD, current US$ | -61.5% |
| 2016 | 662.51 million DOD, current US$ | +112.9% |
| 2017 | 76.75 million DOD, current US$ | -88.4% |
| 2018 | 463.86 million DOD, current US$ | +504.4% |
| 2019 | 656.91 million DOD, current US$ | +41.6% |
| 2020 | 398.86 million DOD, current US$ | -39.3% |
| 2021 | 2.91 billion DOD, current US$ | +629.5% |
| 2022 | 3.05 billion DOD, current US$ | +4.7% |
| 2023 | 18.67 million DOD, current US$ | -99.4% |
| 2024 | 121.14 million DOD, current US$ | +548.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 121.14 million DOD, current US$ is below the median for lower middle income countries, which is 1.27 billion DOD, current US$, 10% of the median. (43 countries reporting)
- Papua New Guinea's 121.14 million DOD, current US$ is below the median for East Asia & Pacific, which is 1.08 billion DOD, current US$, 11% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +1020.0% | 10.00 million DOD, current US$ | 112.00 million DOD, current US$ |
| 2021 | +629.5% | 398.86 million DOD, current US$ | 2.91 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.00 million DOD, current US$ | 0 DOD, current US$ | 99.00 million DOD, current US$ | 4 |
| 1980s | 123.26 million DOD, current US$ | 62.00 million DOD, current US$ | 182.00 million DOD, current US$ | 10 |
| 1990s | 148.37 million DOD, current US$ | 33.80 million DOD, current US$ | 412.24 million DOD, current US$ | 10 |
| 2000s | 94.30 million DOD, current US$ | 10.00 million DOD, current US$ | 207.00 million DOD, current US$ | 10 |
| 2010s | 409.14 million DOD, current US$ | 76.75 million DOD, current US$ | 808.17 million DOD, current US$ | 10 |
| 2020s | 1.30 billion DOD, current US$ | 18.67 million DOD, current US$ | 3.05 billion DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
- 91 Botswana 144.67 million DOD, current US$ compare
- 92 Haiti 129.22 million DOD, current US$ compare
- 93 Central African Republic 126.47 million DOD, current US$ compare
- 95 Vanuatu 114.91 million DOD, current US$ compare
- 96 Madagascar 101.61 million DOD, current US$ compare
- 97 Saint Lucia 79.53 million 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, short-term in Papua New Guinea?
- External debt stocks, short-term in Papua New Guinea was 121.14 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Papua New Guinea?
- The highest recorded value was 3.05 billion DOD, current US$ in 2022.
- What is the lowest external debt stocks, short-term recorded in Papua New Guinea?
- The lowest recorded value was 0 DOD, current US$ in 1976.
- How does Papua New Guinea rank for external debt stocks, short-term?
- Papua New Guinea ranks 94th out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Papua New Guinea?
- Over the last ten years it is down 85.0%. 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, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.