Net official development assistance received in Papua New Guinea
Papua New Guinea: Net official development assistance received was 785.54 million current US$ in 2018. ▲ Rising
Net official development assistance received in Papua New Guinea, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Papua New Guinea is 785.54 million current US$, measured in 2018. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 47.5% on the previous year and up 156.4% over ten years.
Over the whole period, net official development assistance received in Papua New Guinea peaked at 785.54 million current US$ in 2018 and was at its lowest, 203.60 million current US$, in 2002.
That places Papua New Guinea 47th out of 170 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 370.20 million current US$ | — |
| 1991 | 344.37 million current US$ | -7.0% |
| 1992 | 433.24 million current US$ | +25.8% |
| 1993 | 282.89 million current US$ | -34.7% |
| 1994 | 298.75 million current US$ | +5.6% |
| 1995 | 358.32 million current US$ | +19.9% |
| 1996 | 379.22 million current US$ | +5.8% |
| 1997 | 338.70 million current US$ | -10.7% |
| 1998 | 358.80 million current US$ | +5.9% |
| 1999 | 212.41 million current US$ | -40.8% |
| 2000 | 274.98 million current US$ | +29.5% |
| 2001 | 205.95 million current US$ | -25.1% |
| 2002 | 203.60 million current US$ | -1.1% |
| 2003 | 222.84 million current US$ | +9.4% |
| 2004 | 262.15 million current US$ | +17.6% |
| 2005 | 268.39 million current US$ | +2.4% |
| 2006 | 273.69 million current US$ | +2.0% |
| 2007 | 328.66 million current US$ | +20.1% |
| 2008 | 306.42 million current US$ | -6.8% |
| 2009 | 405.41 million current US$ | +32.3% |
| 2010 | 514.28 million current US$ | +26.9% |
| 2011 | 616.48 million current US$ | +19.9% |
| 2012 | 670.27 million current US$ | +8.7% |
| 2013 | 657.44 million current US$ | -1.9% |
| 2014 | 581.91 million current US$ | -11.5% |
| 2015 | 591.39 million current US$ | +1.6% |
| 2016 | 531.58 million current US$ | -10.1% |
| 2017 | 532.63 million current US$ | +0.2% |
| 2018 | 785.54 million current US$ | +47.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 785.54 million current US$ is above the median for lower middle income countries, which is 659.93 million current US$, 1.2× the median. (47 countries reporting)
- Papua New Guinea's 785.54 million current US$ is above the median for East Asia & Pacific, which is 104.93 million current US$, 7.5× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 337.69 million current US$ | 212.41 million current US$ | 433.24 million current US$ | 10 |
| 2000s | 275.21 million current US$ | 203.60 million current US$ | 405.41 million current US$ | 10 |
| 2010s | 609.06 million current US$ | 514.28 million current US$ | 785.54 million current US$ | 9 |
Countries ranked near Papua New Guinea
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 official development assistance received in Papua New Guinea?
- Net official development assistance received in Papua New Guinea was 785.54 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Papua New Guinea?
- The highest recorded value was 785.54 million current US$ in 2018.
- What is the lowest net official development assistance received recorded in Papua New Guinea?
- The lowest recorded value was 203.60 million current US$ in 2002.
- How does Papua New Guinea rank for net official development assistance received?
- Papua New Guinea ranks 47th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Papua New Guinea?
- Over the last ten years it is up 156.4%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.