PPG, IDA in Papua New Guinea
Papua New Guinea: PPG, IDA was 580.78 million DOD, current US$ in 2024. ◆ Volatile
PPG, IDA in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, ppg, ida in Papua New Guinea stood at 580.78 million DOD, current US$. That is the highest value across all 55 years on record.
The figure is up 2.7% on the previous year and up 248.4% over ten years.
Over the whole period, ppg, ida in Papua New Guinea peaked at 580.78 million DOD, current US$ in 2024 and was at its lowest, 980,000 DOD, current US$, in 1970.
That places Papua New Guinea 42nd out of 105 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IDA in Papua New Guinea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 980,000 DOD, current US$ | — |
| 1971 | 4.92 million DOD, current US$ | +401.9% |
| 1972 | 9.21 million DOD, current US$ | +87.2% |
| 1973 | 11.49 million DOD, current US$ | +24.8% |
| 1974 | 15.89 million DOD, current US$ | +38.3% |
| 1975 | 21.12 million DOD, current US$ | +32.9% |
| 1976 | 23.00 million DOD, current US$ | +8.9% |
| 1977 | 30.70 million DOD, current US$ | +33.5% |
| 1978 | 36.17 million DOD, current US$ | +17.8% |
| 1979 | 42.61 million DOD, current US$ | +17.8% |
| 1980 | 55.06 million DOD, current US$ | +29.2% |
| 1981 | 64.82 million DOD, current US$ | +17.7% |
| 1982 | 73.70 million DOD, current US$ | +13.7% |
| 1983 | 90.01 million DOD, current US$ | +22.1% |
| 1984 | 102.16 million DOD, current US$ | +13.5% |
| 1985 | 108.64 million DOD, current US$ | +6.3% |
| 1986 | 111.85 million DOD, current US$ | +2.9% |
| 1987 | 116.47 million DOD, current US$ | +4.1% |
| 1988 | 114.27 million DOD, current US$ | -1.9% |
| 1989 | 112.69 million DOD, current US$ | -1.4% |
| 1990 | 114.57 million DOD, current US$ | +1.7% |
| 1991 | 113.48 million DOD, current US$ | -1.0% |
| 1992 | 110.54 million DOD, current US$ | -2.6% |
| 1993 | 108.98 million DOD, current US$ | -1.4% |
| 1994 | 108.97 million DOD, current US$ | -0.0% |
| 1995 | 108.18 million DOD, current US$ | -0.7% |
| 1996 | 105.14 million DOD, current US$ | -2.8% |
| 1997 | 101.00 million DOD, current US$ | -3.9% |
| 1998 | 99.84 million DOD, current US$ | -1.1% |
| 1999 | 96.53 million DOD, current US$ | -3.3% |
| 2000 | 92.23 million DOD, current US$ | -4.5% |
| 2001 | 87.88 million DOD, current US$ | -4.7% |
| 2002 | 86.63 million DOD, current US$ | -1.4% |
| 2003 | 85.89 million DOD, current US$ | -0.9% |
| 2004 | 83.70 million DOD, current US$ | -2.5% |
| 2005 | 77.76 million DOD, current US$ | -7.1% |
| 2006 | 75.51 million DOD, current US$ | -2.9% |
| 2007 | 73.04 million DOD, current US$ | -3.3% |
| 2008 | 71.17 million DOD, current US$ | -2.6% |
| 2009 | 82.08 million DOD, current US$ | +15.3% |
| 2010 | 85.99 million DOD, current US$ | +4.8% |
| 2011 | 99.31 million DOD, current US$ | +15.5% |
| 2012 | 122.86 million DOD, current US$ | +23.7% |
| 2013 | 146.43 million DOD, current US$ | +19.2% |
| 2014 | 166.70 million DOD, current US$ | +13.8% |
| 2015 | 180.77 million DOD, current US$ | +8.4% |
| 2016 | 203.95 million DOD, current US$ | +12.8% |
| 2017 | 231.46 million DOD, current US$ | +13.5% |
| 2018 | 413.57 million DOD, current US$ | +78.7% |
| 2019 | 427.57 million DOD, current US$ | +3.4% |
| 2020 | 471.88 million DOD, current US$ | +10.4% |
| 2021 | 558.06 million DOD, current US$ | +18.3% |
| 2022 | 544.85 million DOD, current US$ | -2.4% |
| 2023 | 565.60 million DOD, current US$ | +3.8% |
| 2024 | 580.78 million DOD, current US$ | +2.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 580.78 million DOD, current US$ is below the median for lower middle income countries, which is 700.20 million DOD, current US$, 83% of the median. (43 countries reporting)
- Papua New Guinea's 580.78 million DOD, current US$ is above the median for East Asia & Pacific, which is 110.06 million DOD, current US$, 5.3× the median. (16 countries reporting)
Biggest year-on-year movements
Years where PPG, IDA in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +401.9% | 980,000 DOD, current US$ | 4.92 million DOD, current US$ |
| 1972 | +87.2% | 4.92 million DOD, current US$ | 9.21 million DOD, current US$ |
| 2018 | +78.7% | 231.46 million DOD, current US$ | 413.57 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.61 million DOD, current US$ | 980,000 DOD, current US$ | 42.61 million DOD, current US$ | 10 |
| 1980s | 94.97 million DOD, current US$ | 55.06 million DOD, current US$ | 116.47 million DOD, current US$ | 10 |
| 1990s | 106.72 million DOD, current US$ | 96.53 million DOD, current US$ | 114.57 million DOD, current US$ | 10 |
| 2000s | 81.59 million DOD, current US$ | 71.17 million DOD, current US$ | 92.23 million DOD, current US$ | 10 |
| 2010s | 207.86 million DOD, current US$ | 85.99 million DOD, current US$ | 427.57 million DOD, current US$ | 10 |
| 2020s | 544.23 million DOD, current US$ | 471.88 million DOD, current US$ | 580.78 million DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
- 39 Bolivia 700.04 million DOD, current US$ compare
- 40 Armenia 648.66 million DOD, current US$ compare
- 41 Cape Verde 581.94 million DOD, current US$ compare
- 43 Congo 523.90 million DOD, current US$ compare
- 44 Bosnia and Herzegovina 507.75 million DOD, current US$ compare
- 45 Lesotho 504.65 million DOD, 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 ppg, ida in Papua New Guinea?
- Ppg, ida in Papua New Guinea was 580.78 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Papua New Guinea?
- The highest recorded value was 580.78 million DOD, current US$ in 2024.
- What is the lowest ppg, ida recorded in Papua New Guinea?
- The lowest recorded value was 980,000 DOD, current US$ in 1970.
- How does Papua New Guinea rank for ppg, ida?
- Papua New Guinea ranks 42nd out of 105 countries with data for 2024.
- Is ppg, ida rising or falling in Papua New Guinea?
- Over the last ten years it is up 248.4%. 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, IDA (DOD, 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 debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.