PPG, commercial banks (NFL, current US$) in Papua New Guinea
Papua New Guinea: PPG, commercial banks (NFL, current US$) was -8.07 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-8.07 million NFL, current US$
Change on year
up 27.0%
World rank
76th
of 116 countries
All-time high
216.20 million NFL, current US$
in 2016
All-time low
-329.82 million NFL, current US$
in 2021
Years of data
55
1970–2024
PPG, commercial banks in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for ppg, commercial banks in Papua New Guinea is -8.07 million NFL, current US$, measured in 2024.
Compared with earlier readings it is up 27.0% on the previous year and down 2,129.3% over ten years.
Over the whole period, ppg, commercial banks in Papua New Guinea peaked at 216.20 million NFL, current US$ in 2016 and was at its lowest, -329.82 million NFL, current US$, in 2021.
That places Papua New Guinea 76th out of 116 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, commercial banks (NFL, current US$) in Papua New Guinea, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 37.24 million NFL, current US$ | — |
| 1971 | 28.57 million NFL, current US$ | -23.3% |
| 1972 | 9.46 million NFL, current US$ | -66.9% |
| 1973 | 15.94 million NFL, current US$ | +68.4% |
| 1974 | 5.82 million NFL, current US$ | -63.5% |
| 1975 | -439,000 NFL, current US$ | -107.5% |
| 1976 | 14.28 million NFL, current US$ | -3353.8% |
| 1977 | 22.71 million NFL, current US$ | +59.0% |
| 1978 | -1.63 million NFL, current US$ | -107.2% |
| 1979 | 27.05 million NFL, current US$ | -1755.4% |
| 1980 | 58.44 million NFL, current US$ | +116.0% |
| 1981 | 93.08 million NFL, current US$ | +59.3% |
| 1982 | 96.43 million NFL, current US$ | +3.6% |
| 1983 | 120.12 million NFL, current US$ | +24.6% |
| 1984 | -13.60 million NFL, current US$ | -111.3% |
| 1985 | -13.68 million NFL, current US$ | +0.6% |
| 1986 | 18.42 million NFL, current US$ | -234.6% |
| 1987 | -38.84 million NFL, current US$ | -310.9% |
| 1988 | -31.75 million NFL, current US$ | -18.3% |
| 1989 | -10.76 million NFL, current US$ | -66.1% |
| 1990 | -108.95 million NFL, current US$ | +912.4% |
| 1991 | -63.42 million NFL, current US$ | -41.8% |
| 1992 | -31.96 million NFL, current US$ | -49.6% |
| 1993 | -62.36 million NFL, current US$ | +95.1% |
| 1994 | 30.56 million NFL, current US$ | -149.0% |
| 1995 | -49.60 million NFL, current US$ | -262.3% |
| 1996 | -36.53 million NFL, current US$ | -26.4% |
| 1997 | -53.60 million NFL, current US$ | +46.7% |
| 1998 | -7.76 million NFL, current US$ | -85.5% |
| 1999 | -7.46 million NFL, current US$ | -3.9% |
| 2000 | 81.07 million NFL, current US$ | -1186.4% |
| 2001 | 22.92 million NFL, current US$ | -71.7% |
| 2002 | -18.90 million NFL, current US$ | -182.5% |
| 2003 | -51.55 million NFL, current US$ | +172.7% |
| 2004 | -55.72 million NFL, current US$ | +8.1% |
| 2005 | -32.32 million NFL, current US$ | -42.0% |
| 2006 | -4.12 million NFL, current US$ | -87.3% |
| 2007 | -362,000 NFL, current US$ | -91.2% |
| 2008 | -362,000 NFL, current US$ | -0.0% |
| 2009 | -362,000 NFL, current US$ | -0.0% |
| 2010 | -362,000 NFL, current US$ | -0.0% |
| 2011 | -181,000 NFL, current US$ | -50.0% |
| 2012 | -543,000 NFL, current US$ | +200.0% |
| 2013 | -362,000 NFL, current US$ | -33.3% |
| 2014 | -362,000 NFL, current US$ | -0.0% |
| 2015 | -362,000 NFL, current US$ | -0.0% |
| 2016 | 216.20 million NFL, current US$ | -59822.7% |
| 2017 | 128.84 million NFL, current US$ | -40.4% |
| 2018 | 189.64 million NFL, current US$ | +47.2% |
| 2019 | 116.42 million NFL, current US$ | -38.6% |
| 2020 | -229.14 million NFL, current US$ | -296.8% |
| 2021 | -329.82 million NFL, current US$ | +43.9% |
| 2022 | -7.92 million NFL, current US$ | -97.6% |
| 2023 | -11.06 million NFL, current US$ | +39.6% |
| 2024 | -8.07 million NFL, current US$ | -27.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -8.07 million NFL, current US$ is below the median for lower middle income countries, which is -1.17 million NFL, current US$, 6.9× the median. (40 countries reporting)
- Papua New Guinea's -8.07 million NFL, current US$ is below the median for East Asia & Pacific, which is -2.73 million NFL, current US$, 3.0× the median. (13 countries reporting)
Biggest year-on-year movements
Years where PPG, commercial banks (NFL, current US$) 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 |
|---|---|---|---|
| 2016 | +59822.7% | -362,000 NFL, current US$ | 216.20 million NFL, current US$ |
| 1976 | +3353.8% | -439,000 NFL, current US$ | 14.28 million NFL, current US$ |
| 1979 | +1755.4% | -1.63 million NFL, current US$ | 27.05 million NFL, current US$ |
| 2000 | +1186.4% | -7.46 million NFL, current US$ | 81.07 million NFL, current US$ |
| 1990 | -912.4% | -10.76 million NFL, current US$ | -108.95 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.90 million NFL, current US$ | -1.63 million NFL, current US$ | 37.24 million NFL, current US$ | 10 |
| 1980s | 27.79 million NFL, current US$ | -38.84 million NFL, current US$ | 120.12 million NFL, current US$ | 10 |
| 1990s | -39.11 million NFL, current US$ | -108.95 million NFL, current US$ | 30.56 million NFL, current US$ | 10 |
| 2000s | -5.97 million NFL, current US$ | -55.72 million NFL, current US$ | 81.07 million NFL, current US$ | 10 |
| 2010s | 64.89 million NFL, current US$ | -543,000 NFL, current US$ | 216.20 million NFL, current US$ | 10 |
| 2020s | -117.20 million NFL, current US$ | -329.82 million NFL, current US$ | -7.92 million NFL, current US$ | 5 |
Countries ranked near Papua New Guinea
- 73 Armenia -4.45 million NFL, current US$ compare
- 74 Belarus -4.48 million NFL, current US$ compare
- 75 Ukraine -6.69 million NFL, current US$ compare
- 77 Bolivia -9.25 million NFL, current US$ compare
- 78 Albania -9.82 million NFL, current US$ compare
- 79 Saint Kitts and Nevis -10.49 million NFL, current US$ compare
More external debt data for Papua New Guinea
- Net financial flows, IBRD 1.36 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 38.54 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 1.69 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 7.52 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.02 billion DOD, current US$ (2025)
Frequently asked questions
- What is ppg, commercial banks in Papua New Guinea?
- Ppg, commercial banks in Papua New Guinea was -8.07 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, commercial banks recorded in Papua New Guinea?
- The highest recorded value was 216.20 million NFL, current US$ in 2016.
- What is the lowest ppg, commercial banks recorded in Papua New Guinea?
- The lowest recorded value was -329.82 million NFL, current US$ in 2021.
- How does Papua New Guinea rank for ppg, commercial banks?
- Papua New Guinea ranks 76th out of 116 countries with data for 2024.
- Is ppg, commercial banks rising or falling in Papua New Guinea?
- Over the last ten years it is down 2,129.3%. 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 PPG, commercial banks (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
Public and publicly guaranteed 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.