Gross debt, General government, Percent of GDP (Gross Percent GDP) in Papua New Guinea
Papua New Guinea: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 40.23 in 2030. ▲ Rising
Latest (2030)
40.23
Change on year
down 5.9%
World rank
127th
of 193 countries
All-time high
53.86
in 2023
All-time low
16.28
in 2011
Years of data
36
1995–2030
Gross debt, General government, Percent of GDP in Papua New Guinea, 1995–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Papua New Guinea stood at 40.23.
The figure is down 5.9% on the previous year and down 17.4% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Papua New Guinea peaked at 53.86 in 2023 and was at its lowest, 16.28, in 2011.
That places Papua New Guinea 127th out of 193 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 36.57 | — |
| 1996 | 37.8 | +3.4% |
| 1997 | 43.92 | +16.2% |
| 1998 | 45.73 | +4.1% |
| 1999 | 41.76 | -8.7% |
| 2000 | 42.33 | +1.4% |
| 2001 | 47.66 | +12.6% |
| 2002 | 48.43 | +1.6% |
| 2003 | 40.42 | -16.5% |
| 2004 | 37.18 | -8.0% |
| 2005 | 31.56 | -15.1% |
| 2006 | 25.98 | -17.7% |
| 2007 | 22.16 | -14.7% |
| 2008 | 21.56 | -2.7% |
| 2009 | 21.72 | +0.7% |
| 2010 | 17.29 | -20.4% |
| 2011 | 16.28 | -5.8% |
| 2012 | 19.12 | +17.5% |
| 2013 | 24.89 | +30.1% |
| 2014 | 26.89 | +8.1% |
| 2015 | 29.93 | +11.3% |
| 2016 | 33.74 | +12.7% |
| 2017 | 32.48 | -3.7% |
| 2018 | 36.68 | +12.9% |
| 2019 | 38.21 | +4.2% |
| 2020 | 48.68 | +27.4% |
| 2021 | 52.58 | +8.0% |
| 2022 | 48.19 | -8.3% |
| 2023 | 53.86 | +11.8% |
| 2024 | 52.08 | -3.3% |
| 2025 | 50.36 | -3.3% |
| 2026 | 49.99 | -0.7% |
| 2027 | 47.27 | -5.4% |
| 2028 | 45.03 | -4.7% |
| 2029 | 42.73 | -5.1% |
| 2030 | 40.23 | -5.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 40.23 is below the median for lower middle income countries, which is 47.18, 85% of the median. (46 countries reporting)
- Papua New Guinea's 40.23 is below the median for East Asia & Pacific, which is 41.53, 97% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.15 | 36.57 | 45.73 | 5 |
| 2000s | 33.9 | 21.56 | 48.43 | 10 |
| 2010s | 27.55 | 16.28 | 38.21 | 10 |
| 2020s | 49.08 | 42.73 | 53.86 | 10 |
| 2030s | 40.23 | 40.23 | 40.23 | 1 |
Countries ranked near Papua New Guinea
More external debt data for Papua New Guinea
- Net financial flows, IBRD 1.36 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 38.54 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 1.69 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 7.52 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.02 billion DOD, current US$ (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Papua New Guinea?
- Gross debt, general government, percent of gdp in Papua New Guinea was 40.23 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Papua New Guinea?
- The highest recorded value was 53.86 in 2023.
- What is the lowest gross debt, general government, percent of gdp recorded in Papua New Guinea?
- The lowest recorded value was 16.28 in 2011.
- How does Papua New Guinea rank for gross debt, general government, percent of gdp?
- Papua New Guinea ranks 127th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is rising.
- 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 GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October