Net financial flows, bilateral (NFL, current US$) in Papua New Guinea
Papua New Guinea: Net financial flows, bilateral (NFL, current US$) was 257.15 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
257.15 million NFL, current US$
Change on year
down 32.6%
World rank
20th
of 123 countries
All-time high
940.58 million NFL, current US$
in 2021
All-time low
-96.53 million NFL, current US$
in 2008
Years of data
55
1970–2024
Net financial flows, bilateral in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, bilateral in Papua New Guinea stood at 257.15 million NFL, current US$.
The figure is down 32.6% on the previous year and up 247.5% over ten years.
Over the whole period, net financial flows, bilateral in Papua New Guinea peaked at 940.58 million NFL, current US$ in 2021 and was at its lowest, -96.53 million NFL, current US$, in 2008.
Papua New Guinea ranks 20th of 123 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral (NFL, current US$) in Papua New Guinea, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 3.92 million NFL, current US$ | — |
| 1971 | 14.20 million NFL, current US$ | +262.2% |
| 1972 | 12.10 million NFL, current US$ | -14.8% |
| 1973 | 5.14 million NFL, current US$ | -57.5% |
| 1974 | -1.22 million NFL, current US$ | -123.7% |
| 1975 | -2.49 million NFL, current US$ | +103.9% |
| 1976 | -2.62 million NFL, current US$ | +5.1% |
| 1977 | 3.11 million NFL, current US$ | -219.0% |
| 1978 | 405,165 NFL, current US$ | -87.0% |
| 1979 | -3.21 million NFL, current US$ | -892.5% |
| 1980 | 869,705 NFL, current US$ | -127.1% |
| 1981 | 3.48 million NFL, current US$ | +299.6% |
| 1982 | 16.23 million NFL, current US$ | +367.0% |
| 1983 | 4.02 million NFL, current US$ | -75.2% |
| 1984 | 51.43 million NFL, current US$ | +1178.5% |
| 1985 | 13.97 million NFL, current US$ | -72.8% |
| 1986 | 34.42 million NFL, current US$ | +146.4% |
| 1987 | 13.05 million NFL, current US$ | -62.1% |
| 1988 | 10.88 million NFL, current US$ | -16.6% |
| 1989 | 63.62 million NFL, current US$ | +484.6% |
| 1990 | 41.43 million NFL, current US$ | -34.9% |
| 1991 | 29.51 million NFL, current US$ | -28.8% |
| 1992 | 42.46 million NFL, current US$ | +43.9% |
| 1993 | 37.00 million NFL, current US$ | -12.9% |
| 1994 | -17.15 million NFL, current US$ | -146.4% |
| 1995 | 31.61 million NFL, current US$ | -284.3% |
| 1996 | 57.13 million NFL, current US$ | +80.7% |
| 1997 | -39.31 million NFL, current US$ | -168.8% |
| 1998 | 8.56 million NFL, current US$ | -121.8% |
| 1999 | -5.72 million NFL, current US$ | -166.8% |
| 2000 | 18.01 million NFL, current US$ | -414.8% |
| 2001 | 7.92 million NFL, current US$ | -56.0% |
| 2002 | -16.40 million NFL, current US$ | -307.0% |
| 2003 | -21.25 million NFL, current US$ | +29.5% |
| 2004 | -27.90 million NFL, current US$ | +31.3% |
| 2005 | -24.57 million NFL, current US$ | -11.9% |
| 2006 | -28.12 million NFL, current US$ | +14.4% |
| 2007 | -29.55 million NFL, current US$ | +5.1% |
| 2008 | -96.53 million NFL, current US$ | +226.6% |
| 2009 | -19.51 million NFL, current US$ | -79.8% |
| 2010 | -21.06 million NFL, current US$ | +7.9% |
| 2011 | 27.03 million NFL, current US$ | -228.3% |
| 2012 | 17.51 million NFL, current US$ | -35.2% |
| 2013 | -74,982 NFL, current US$ | -100.4% |
| 2014 | 74.00 million NFL, current US$ | -98789.3% |
| 2015 | 72.84 million NFL, current US$ | -1.6% |
| 2016 | 143.33 million NFL, current US$ | +96.8% |
| 2017 | 113.62 million NFL, current US$ | -20.7% |
| 2018 | 78.97 million NFL, current US$ | -30.5% |
| 2019 | 572.16 million NFL, current US$ | +624.5% |
| 2020 | 252.10 million NFL, current US$ | -55.9% |
| 2021 | 940.58 million NFL, current US$ | +273.1% |
| 2022 | 671.07 million NFL, current US$ | -28.7% |
| 2023 | 381.77 million NFL, current US$ | -43.1% |
| 2024 | 257.15 million NFL, current US$ | -32.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 257.15 million NFL, current US$ is above the median for lower middle income countries, which is -58,441 NFL, current US$. (43 countries reporting)
- Papua New Guinea's 257.15 million NFL, current US$ is above the median for East Asia & Pacific, which is -8.97 million NFL, current US$. (16 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral (NFL, current US$) 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 |
|---|---|---|---|
| 2014 | +98789.3% | -74,982 NFL, current US$ | 74.00 million NFL, current US$ |
| 1984 | +1178.5% | 4.02 million NFL, current US$ | 51.43 million NFL, current US$ |
| 1979 | -892.5% | 405,165 NFL, current US$ | -3.21 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.93 million NFL, current US$ | -3.21 million NFL, current US$ | 14.20 million NFL, current US$ | 10 |
| 1980s | 21.20 million NFL, current US$ | 869,705 NFL, current US$ | 63.62 million NFL, current US$ | 10 |
| 1990s | 18.55 million NFL, current US$ | -39.31 million NFL, current US$ | 57.13 million NFL, current US$ | 10 |
| 2000s | -23.79 million NFL, current US$ | -96.53 million NFL, current US$ | 18.01 million NFL, current US$ | 10 |
| 2010s | 107.83 million NFL, current US$ | -21.06 million NFL, current US$ | 572.16 million NFL, current US$ | 10 |
| 2020s | 500.54 million NFL, current US$ | 252.10 million NFL, current US$ | 940.58 million NFL, current US$ | 5 |
Countries ranked near Papua New Guinea
- 17 Indonesia 355.80 million NFL, current US$ compare
- 18 Serbia 328.95 million NFL, current US$ compare
- 19 Benin 284.77 million NFL, current US$ compare
- 21 Rwanda 218.37 million NFL, current US$ compare
- 22 Bhutan 181.65 million NFL, current US$ compare
- 23 Jordan 129.28 million NFL, 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 net financial flows, bilateral in Papua New Guinea?
- Net financial flows, bilateral in Papua New Guinea was 257.15 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Papua New Guinea?
- The highest recorded value was 940.58 million NFL, current US$ in 2021.
- What is the lowest net financial flows, bilateral recorded in Papua New Guinea?
- The lowest recorded value was -96.53 million NFL, current US$ in 2008.
- How does Papua New Guinea rank for net financial flows, bilateral?
- Papua New Guinea ranks 20th out of 123 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Papua New Guinea?
- Over the last ten years it is up 247.5%. 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 Net financial flows, bilateral (NFL, 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
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.