Multilateral debt service (TDS, current US$) in Papua New Guinea
Papua New Guinea: Multilateral debt service (TDS, current US$) was 324.05 million TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for multilateral debt service in Papua New Guinea is 324.05 million TDS, current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 23.3% on the previous year and up 435.8% over ten years.
Over the whole period, multilateral debt service in Papua New Guinea peaked at 324.05 million TDS, current US$ in 2024 and was at its lowest, 29,000 TDS, current US$, in 1970.
That places Papua New Guinea 51st out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service (TDS, current US$) in Papua New Guinea, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 29,000 TDS, current US$ | — |
| 1971 | 174,000 TDS, current US$ | +500.0% |
| 1972 | 652,000 TDS, current US$ | +274.7% |
| 1973 | 1.49 million TDS, current US$ | +128.1% |
| 1974 | 2.24 million TDS, current US$ | +50.4% |
| 1975 | 3.41 million TDS, current US$ | +52.5% |
| 1976 | 4.58 million TDS, current US$ | +34.4% |
| 1977 | 5.52 million TDS, current US$ | +20.6% |
| 1978 | 6.72 million TDS, current US$ | +21.7% |
| 1979 | 7.56 million TDS, current US$ | +12.5% |
| 1980 | 8.57 million TDS, current US$ | +13.3% |
| 1981 | 9.62 million TDS, current US$ | +12.3% |
| 1982 | 10.80 million TDS, current US$ | +12.2% |
| 1983 | 12.19 million TDS, current US$ | +12.9% |
| 1984 | 14.03 million TDS, current US$ | +15.1% |
| 1985 | 16.01 million TDS, current US$ | +14.1% |
| 1986 | 21.38 million TDS, current US$ | +33.5% |
| 1987 | 36.42 million TDS, current US$ | +70.3% |
| 1988 | 64.06 million TDS, current US$ | +75.9% |
| 1989 | 54.32 million TDS, current US$ | -15.2% |
| 1990 | 62.20 million TDS, current US$ | +14.5% |
| 1991 | 69.96 million TDS, current US$ | +12.5% |
| 1992 | 83.49 million TDS, current US$ | +19.3% |
| 1993 | 102.52 million TDS, current US$ | +22.8% |
| 1994 | 104.75 million TDS, current US$ | +2.2% |
| 1995 | 90.76 million TDS, current US$ | -13.4% |
| 1996 | 86.65 million TDS, current US$ | -4.5% |
| 1997 | 80.84 million TDS, current US$ | -6.7% |
| 1998 | 79.45 million TDS, current US$ | -1.7% |
| 1999 | 86.62 million TDS, current US$ | +9.0% |
| 2000 | 84.34 million TDS, current US$ | -2.6% |
| 2001 | 77.78 million TDS, current US$ | -7.8% |
| 2002 | 74.64 million TDS, current US$ | -4.0% |
| 2003 | 72.62 million TDS, current US$ | -2.7% |
| 2004 | 70.67 million TDS, current US$ | -2.7% |
| 2005 | 70.49 million TDS, current US$ | -0.3% |
| 2006 | 108.81 million TDS, current US$ | +54.4% |
| 2007 | 164.97 million TDS, current US$ | +51.6% |
| 2008 | 80.47 million TDS, current US$ | -51.2% |
| 2009 | 48.76 million TDS, current US$ | -39.4% |
| 2010 | 47.54 million TDS, current US$ | -2.5% |
| 2011 | 51.81 million TDS, current US$ | +9.0% |
| 2012 | 53.30 million TDS, current US$ | +2.9% |
| 2013 | 57.33 million TDS, current US$ | +7.6% |
| 2014 | 60.48 million TDS, current US$ | +5.5% |
| 2015 | 61.40 million TDS, current US$ | +1.5% |
| 2016 | 64.69 million TDS, current US$ | +5.4% |
| 2017 | 74.94 million TDS, current US$ | +15.8% |
| 2018 | 89.96 million TDS, current US$ | +20.0% |
| 2019 | 117.12 million TDS, current US$ | +30.2% |
| 2020 | 112.34 million TDS, current US$ | -4.1% |
| 2021 | 118.57 million TDS, current US$ | +5.5% |
| 2022 | 157.64 million TDS, current US$ | +32.9% |
| 2023 | 262.80 million TDS, current US$ | +66.7% |
| 2024 | 324.05 million TDS, current US$ | +23.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 324.05 million TDS, current US$ is above the median for lower middle income countries, which is 200.14 million TDS, current US$, 1.6× the median. (43 countries reporting)
- Papua New Guinea's 324.05 million TDS, current US$ is above the median for East Asia & Pacific, which is 148.58 million TDS, current US$, 2.2× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (TDS, current US$) 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 |
|---|---|---|---|
| 1971 | +500.0% | 29,000 TDS, current US$ | 174,000 TDS, current US$ |
| 1972 | +274.7% | 174,000 TDS, current US$ | 652,000 TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.24 million TDS, current US$ | 29,000 TDS, current US$ | 7.56 million TDS, current US$ | 10 |
| 1980s | 24.74 million TDS, current US$ | 8.57 million TDS, current US$ | 64.06 million TDS, current US$ | 10 |
| 1990s | 84.72 million TDS, current US$ | 62.20 million TDS, current US$ | 104.75 million TDS, current US$ | 10 |
| 2000s | 85.35 million TDS, current US$ | 48.76 million TDS, current US$ | 164.97 million TDS, current US$ | 10 |
| 2010s | 67.86 million TDS, current US$ | 47.54 million TDS, current US$ | 117.12 million TDS, current US$ | 10 |
| 2020s | 195.08 million TDS, current US$ | 112.34 million TDS, current US$ | 324.05 million TDS, current US$ | 5 |
Countries ranked near Papua New Guinea
- 48 Bulgaria 334.65 million TDS, current US$ compare
- 49 Armenia 333.98 million TDS, current US$ compare
- 50 Moldova 324.27 million TDS, current US$ compare
- 52 Albania 322.91 million TDS, current US$ compare
- 53 Mongolia 317.41 million TDS, current US$ compare
- 54 Nepal 308.52 million TDS, 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 multilateral debt service in Papua New Guinea?
- Multilateral debt service in Papua New Guinea was 324.05 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Papua New Guinea?
- The highest recorded value was 324.05 million TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in Papua New Guinea?
- The lowest recorded value was 29,000 TDS, current US$ in 1970.
- How does Papua New Guinea rank for multilateral debt service?
- Papua New Guinea ranks 51st out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Papua New Guinea?
- Over the last ten years it is up 435.8%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.