PNG, commercial banks and other creditors in Upper middle income
Upper middle income: PNG, commercial banks and other creditors was -54.90 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-54.90 billion NFL, current US$
Change on year
down 1,195.5%
Rank
12th
of 12 groups
All-time high
120.18 billion NFL, current US$
in 2011
All-time low
-54.90 billion NFL, current US$
in 2024
Years of data
55
1970–2024
PNG, commercial banks and other creditors in Upper middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Upper middle income recorded -54.90 billion NFL, current US$ for png, commercial banks and other creditors in 2024. That is the lowest value across all 55 years on record.
That represents a change of down 1,195.5% on the previous year and down 150.5% over ten years.
Over the whole period, png, commercial banks and other creditors in Upper middle income peaked at 120.18 billion NFL, current US$ in 2011 and was at its lowest, -54.90 billion NFL, current US$, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
PNG, commercial banks and other creditors in Upper middle income, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 1.17 billion NFL, current US$ | — |
| 1971 | 1.78 billion NFL, current US$ | +52.5% |
| 1972 | 2.94 billion NFL, current US$ | +65.1% |
| 1973 | 2.16 billion NFL, current US$ | -26.5% |
| 1974 | 5.20 billion NFL, current US$ | +140.3% |
| 1975 | 4.23 billion NFL, current US$ | -18.6% |
| 1976 | 3.11 billion NFL, current US$ | -26.5% |
| 1977 | 4.05 billion NFL, current US$ | +30.3% |
| 1978 | 4.27 billion NFL, current US$ | +5.4% |
| 1979 | 4.75 billion NFL, current US$ | +11.4% |
| 1980 | 5.09 billion NFL, current US$ | +7.1% |
| 1981 | 13.10 billion NFL, current US$ | +157.5% |
| 1982 | 3.17 billion NFL, current US$ | -75.8% |
| 1983 | -423.59 million NFL, current US$ | -113.4% |
| 1984 | -1.27 billion NFL, current US$ | +199.2% |
| 1985 | -2.20 billion NFL, current US$ | +73.3% |
| 1986 | -1.57 billion NFL, current US$ | -28.5% |
| 1987 | -1.01 billion NFL, current US$ | -35.6% |
| 1988 | -1.94 billion NFL, current US$ | +91.9% |
| 1989 | -163.69 million NFL, current US$ | -91.6% |
| 1990 | 8.01 billion NFL, current US$ | -4994.0% |
| 1991 | 5.41 billion NFL, current US$ | -32.4% |
| 1992 | 9.26 billion NFL, current US$ | +71.1% |
| 1993 | -627.79 million NFL, current US$ | -106.8% |
| 1994 | 4.95 billion NFL, current US$ | -888.4% |
| 1995 | 13.95 billion NFL, current US$ | +181.8% |
| 1996 | 22.36 billion NFL, current US$ | +60.3% |
| 1997 | 27.29 billion NFL, current US$ | +22.1% |
| 1998 | 32.84 billion NFL, current US$ | +20.3% |
| 1999 | 5.93 billion NFL, current US$ | -81.9% |
| 2000 | 2.91 billion NFL, current US$ | -50.9% |
| 2001 | 4.82 billion NFL, current US$ | +65.4% |
| 2002 | -2.18 billion NFL, current US$ | -145.2% |
| 2003 | 22.72 billion NFL, current US$ | -1142.4% |
| 2004 | 31.71 billion NFL, current US$ | +39.6% |
| 2005 | 30.31 billion NFL, current US$ | -4.4% |
| 2006 | 102.28 billion NFL, current US$ | +237.4% |
| 2007 | 118.75 billion NFL, current US$ | +16.1% |
| 2008 | 106.96 billion NFL, current US$ | -9.9% |
| 2009 | 58.56 million NFL, current US$ | -99.9% |
| 2010 | 63.85 billion NFL, current US$ | +108922.6% |
| 2011 | 120.18 billion NFL, current US$ | +88.2% |
| 2012 | 90.29 billion NFL, current US$ | -24.9% |
| 2013 | 99.08 billion NFL, current US$ | +9.7% |
| 2014 | 108.72 billion NFL, current US$ | +9.7% |
| 2015 | 63.43 billion NFL, current US$ | -41.7% |
| 2016 | 73.66 billion NFL, current US$ | +16.1% |
| 2017 | 56.73 billion NFL, current US$ | -23.0% |
| 2018 | 66.07 billion NFL, current US$ | +16.5% |
| 2019 | 35.67 billion NFL, current US$ | -46.0% |
| 2020 | 22.25 billion NFL, current US$ | -37.6% |
| 2021 | 51.23 billion NFL, current US$ | +130.3% |
| 2022 | 7.08 billion NFL, current US$ | -86.2% |
| 2023 | 5.01 billion NFL, current US$ | -29.2% |
| 2024 | -54.90 billion NFL, current US$ | -1195.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.37 billion NFL, current US$ | 1.17 billion NFL, current US$ | 5.20 billion NFL, current US$ | 10 |
| 1980s | 1.28 billion NFL, current US$ | -2.20 billion NFL, current US$ | 13.10 billion NFL, current US$ | 10 |
| 1990s | 12.94 billion NFL, current US$ | -627.79 million NFL, current US$ | 32.84 billion NFL, current US$ | 10 |
| 2000s | 41.83 billion NFL, current US$ | -2.18 billion NFL, current US$ | 118.75 billion NFL, current US$ | 10 |
| 2010s | 77.77 billion NFL, current US$ | 35.67 billion NFL, current US$ | 120.18 billion NFL, current US$ | 10 |
| 2020s | 6.13 billion NFL, current US$ | -54.90 billion NFL, current US$ | 51.23 billion NFL, current US$ | 5 |
Countries ranked near Upper middle income
- 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
- 13 Pakistan 779.96 million NFL, current US$ compare
- 14 Jamaica 600.00 million NFL, current US$ compare
- 15 Egypt 554.48 million NFL, current US$ compare
More external debt data for Upper middle income
- IFC, private nonguaranteed 2.29 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$), per capita 0.7477 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 82.27 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2024)
- Net financial flows, IDA 4.40 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 1.43 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 8.40 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.2% (2024)
Frequently asked questions
- What is png, commercial banks and other creditors in Upper middle income?
- Png, commercial banks and other creditors in Upper middle income was -54.90 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 Upper middle income?
- The highest recorded value was 120.18 billion NFL, current US$ in 2011.
- What is the lowest png, commercial banks and other creditors recorded in Upper middle income?
- The lowest recorded value was -54.90 billion NFL, current US$ in 2024.
- How does Upper middle income rank for png, commercial banks and other creditors?
- Upper middle income ranks 12th out of 12 groups with data for 2024.
- Is png, commercial banks and other creditors rising or falling in Upper middle income?
- Over the last ten years it is down 150.5%. The long-run trend across the full record is volatile.
- Where does this Upper 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.