PNG, commercial banks and other creditors in Low & middle income
Low & middle income: PNG, commercial banks and other creditors was -26.78 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-26.78 billion NFL, current US$
Change on year
down 167.8%
Rank
9th
of 12 groups
All-time high
173.83 billion NFL, current US$
in 2013
All-time low
-26.78 billion NFL, current US$
in 2024
Years of data
55
1970–2024
PNG, commercial banks and other creditors in Low & middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, png, commercial banks and other creditors in Low & middle income stood at -26.78 billion NFL, current US$. That is the lowest value across all 55 years on record.
The figure is down 167.8% on the previous year and down 117.7% over ten years.
Over the whole period, png, commercial banks and other creditors in Low & middle income peaked at 173.83 billion NFL, current US$ in 2013 and was at its lowest, -26.78 billion NFL, current US$, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
PNG, commercial banks and other creditors in Low & middle income, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 1.40 billion NFL, current US$ | — |
| 1971 | 1.91 billion NFL, current US$ | +35.9% |
| 1972 | 3.05 billion NFL, current US$ | +59.7% |
| 1973 | 2.20 billion NFL, current US$ | -27.9% |
| 1974 | 5.56 billion NFL, current US$ | +152.8% |
| 1975 | 4.55 billion NFL, current US$ | -18.1% |
| 1976 | 3.41 billion NFL, current US$ | -25.0% |
| 1977 | 4.54 billion NFL, current US$ | +33.2% |
| 1978 | 4.88 billion NFL, current US$ | +7.4% |
| 1979 | 5.28 billion NFL, current US$ | +8.2% |
| 1980 | 6.16 billion NFL, current US$ | +16.6% |
| 1981 | 14.40 billion NFL, current US$ | +133.8% |
| 1982 | 3.96 billion NFL, current US$ | -72.5% |
| 1983 | 506.80 million NFL, current US$ | -87.2% |
| 1984 | -1.01 billion NFL, current US$ | -300.0% |
| 1985 | -1.69 billion NFL, current US$ | +66.7% |
| 1986 | -1.58 billion NFL, current US$ | -6.6% |
| 1987 | -927.20 million NFL, current US$ | -41.2% |
| 1988 | -1.86 billion NFL, current US$ | +100.8% |
| 1989 | -50.75 million NFL, current US$ | -97.3% |
| 1990 | 8.27 billion NFL, current US$ | -16391.5% |
| 1991 | 5.54 billion NFL, current US$ | -33.0% |
| 1992 | 10.20 billion NFL, current US$ | +84.3% |
| 1993 | -373.88 million NFL, current US$ | -103.7% |
| 1994 | 5.10 billion NFL, current US$ | -1463.1% |
| 1995 | 14.79 billion NFL, current US$ | +190.2% |
| 1996 | 22.61 billion NFL, current US$ | +52.8% |
| 1997 | 28.66 billion NFL, current US$ | +26.8% |
| 1998 | 33.82 billion NFL, current US$ | +18.0% |
| 1999 | 5.49 billion NFL, current US$ | -83.8% |
| 2000 | 5.10 billion NFL, current US$ | -7.1% |
| 2001 | 8.52 billion NFL, current US$ | +67.1% |
| 2002 | 584.59 million NFL, current US$ | -93.1% |
| 2003 | 30.12 billion NFL, current US$ | +5052.5% |
| 2004 | 33.45 billion NFL, current US$ | +11.1% |
| 2005 | 34.67 billion NFL, current US$ | +3.6% |
| 2006 | 114.38 billion NFL, current US$ | +229.9% |
| 2007 | 141.96 billion NFL, current US$ | +24.1% |
| 2008 | 122.86 billion NFL, current US$ | -13.5% |
| 2009 | 19.51 billion NFL, current US$ | -84.1% |
| 2010 | 93.55 billion NFL, current US$ | +379.4% |
| 2011 | 158.93 billion NFL, current US$ | +69.9% |
| 2012 | 129.10 billion NFL, current US$ | -18.8% |
| 2013 | 173.83 billion NFL, current US$ | +34.6% |
| 2014 | 151.01 billion NFL, current US$ | -13.1% |
| 2015 | 104.20 billion NFL, current US$ | -31.0% |
| 2016 | 79.59 billion NFL, current US$ | -23.6% |
| 2017 | 82.30 billion NFL, current US$ | +3.4% |
| 2018 | 100.91 billion NFL, current US$ | +22.6% |
| 2019 | 62.80 billion NFL, current US$ | -37.8% |
| 2020 | 27.41 billion NFL, current US$ | -56.3% |
| 2021 | 63.41 billion NFL, current US$ | +131.3% |
| 2022 | 2.88 billion NFL, current US$ | -95.5% |
| 2023 | 39.50 billion NFL, current US$ | +1271.8% |
| 2024 | -26.78 billion NFL, current US$ | -167.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.68 billion NFL, current US$ | 1.40 billion NFL, current US$ | 5.56 billion NFL, current US$ | 10 |
| 1980s | 1.79 billion NFL, current US$ | -1.86 billion NFL, current US$ | 14.40 billion NFL, current US$ | 10 |
| 1990s | 13.41 billion NFL, current US$ | -373.88 million NFL, current US$ | 33.82 billion NFL, current US$ | 10 |
| 2000s | 51.12 billion NFL, current US$ | 584.59 million NFL, current US$ | 141.96 billion NFL, current US$ | 10 |
| 2010s | 113.62 billion NFL, current US$ | 62.80 billion NFL, current US$ | 173.83 billion NFL, current US$ | 10 |
| 2020s | 21.29 billion NFL, current US$ | -26.78 billion NFL, current US$ | 63.41 billion NFL, current US$ | 5 |
Countries ranked near Low & middle income
- 6 Mongolia 2.56 billion NFL, current US$ compare
- 7 Argentina 1.38 billion NFL, current US$ compare
- 8 Kyrgyzstan 1.19 billion NFL, current US$ compare
- 9 Paraguay 1.18 billion NFL, current US$ compare
- 10 El Salvador 1.12 billion NFL, current US$ compare
- 11 Philippines 1.08 billion NFL, current US$ compare
- 12 Morocco 942.97 million NFL, current US$ compare
More external debt data for Low & middle income
- IFC, private nonguaranteed 5.69 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.8459 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 60.68 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA 17.24 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.56 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0004 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 18.72 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.7% (2024)
Frequently asked questions
- What is png, commercial banks and other creditors in Low & middle income?
- Png, commercial banks and other creditors in Low & middle income was -26.78 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest png, commercial banks and other creditors recorded in Low & middle income?
- The highest recorded value was 173.83 billion NFL, current US$ in 2013.
- What is the lowest png, commercial banks and other creditors recorded in Low & middle income?
- The lowest recorded value was -26.78 billion NFL, current US$ in 2024.
- How does Low & middle income rank for png, commercial banks and other creditors?
- Low & middle income ranks 9th out of 12 groups with data for 2024.
- Is png, commercial banks and other creditors rising or falling in Low & middle income?
- Over the last ten years it is down 117.7%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of PNG, commercial banks and other creditors (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
Nonguaranteed long-term commercial bank loans from private banks and other private financial institutions. 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.