Gross debt, General government, Percent of fiscal year GDP in Papua New Guinea
Papua New Guinea: Gross debt, General government, Percent of fiscal year GDP was 30.55 in 2015. ▬ Flat
Gross debt, General government, Percent of fiscal year GDP in Papua New Guinea, 1973–2015
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of fiscal year gdp in Papua New Guinea is 30.55, measured in 2015.
That represents a change of up 8.7% on the previous year and down 22.9% over ten years.
Over the whole period, gross debt, general government, percent of fiscal year gdp in Papua New Guinea peaked at 65.59 in 1998 and was at its lowest, 16.31, in 2011.
That places Papua New Guinea 146th out of 188 countries with data for 2015, putting it in the bottom quarter.
Gross debt, General government, Percent of fiscal year GDP in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 23.27 | — |
| 1974 | 21.02 | -9.7% |
| 1975 | 22.23 | +5.8% |
| 1976 | 24.01 | +8.1% |
| 1977 | 23.16 | -3.6% |
| 1978 | 20.28 | -12.4% |
| 1979 | 20.78 | +2.5% |
| 1980 | 24.42 | +17.5% |
| 1981 | 30.39 | +24.5% |
| 1982 | 35.98 | +18.4% |
| 1983 | 41.06 | +14.1% |
| 1984 | 46.13 | +12.3% |
| 1985 | 55.05 | +19.3% |
| 1986 | 59.41 | +7.9% |
| 1987 | 62.05 | +4.4% |
| 1988 | 42.06 | -32.2% |
| 1989 | 46.56 | +10.7% |
| 1990 | 58.65 | +26.0% |
| 1991 | 56.49 | -3.7% |
| 1992 | 51.73 | -8.4% |
| 1993 | 51.47 | -0.5% |
| 1994 | 53.59 | +4.1% |
| 1995 | 57.28 | +6.9% |
| 1996 | 54.87 | -4.2% |
| 1997 | 55.2 | +0.6% |
| 1998 | 65.59 | +18.8% |
| 1999 | 57.94 | -11.7% |
| 2000 | 53.91 | -7.0% |
| 2001 | 56.81 | +5.4% |
| 2002 | 62.58 | +10.2% |
| 2003 | 55.27 | -11.7% |
| 2004 | 50.02 | -9.5% |
| 2005 | 39.65 | -20.7% |
| 2006 | 35.99 | -9.2% |
| 2007 | 32.89 | -8.6% |
| 2008 | 21.78 | -33.8% |
| 2009 | 21.85 | +0.3% |
| 2010 | 17.34 | -20.6% |
| 2011 | 16.31 | -6.0% |
| 2012 | 19.15 | +17.4% |
| 2013 | 25.03 | +30.7% |
| 2014 | 28.11 | +12.3% |
| 2015 | 30.55 | +8.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 30.55 is below the median for lower middle income countries, which is 46.81, 65% of the median. (45 countries reporting)
- Papua New Guinea's 30.55 is below the median for East Asia & Pacific, which is 37.64, 81% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.11 | 20.28 | 24.01 | 7 |
| 1980s | 44.31 | 24.42 | 62.05 | 10 |
| 1990s | 56.28 | 51.47 | 65.59 | 10 |
| 2000s | 43.07 | 21.78 | 62.58 | 10 |
| 2010s | 22.75 | 16.31 | 30.55 | 6 |
Countries ranked near Papua New Guinea
- 143 Cambodia 32.54 compare
- 144 Bangladesh 31.67 compare
- 145 Mali 30.91 compare
- 147 Haiti 30.1 compare
- 148 Syrian Arab Republic 30.02 compare
- 149 New Zealand 29.95 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 gross debt, general government, percent of fiscal year gdp in Papua New Guinea?
- Gross debt, general government, percent of fiscal year gdp in Papua New Guinea was 30.55 in 2015, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of fiscal year gdp recorded in Papua New Guinea?
- The highest recorded value was 65.59 in 1998.
- What is the lowest gross debt, general government, percent of fiscal year gdp recorded in Papua New Guinea?
- The lowest recorded value was 16.31 in 2011.
- How does Papua New Guinea rank for gross debt, general government, percent of fiscal year gdp?
- Papua New Guinea ranks 146th out of 188 countries with data for 2015.
- Is gross debt, general government, percent of fiscal year gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is flat.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of fiscal year GDP. Statizoid updates them automatically from the source API.
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About this data
The Historical Public Debt Database contains unbalanced panel data on Gross Domestic Product, Gross Government Debt, and Debt to GDP Ratio for 187 countries. The series spans the years 1800 through 2015 although each country’s data depends on its date of independence and data availability.