PPG, official creditors (NFL, US$), annual growth rate in Papua New Guinea
Papua New Guinea: PPG, official creditors (NFL, US$), annual growth rate was -8.9 % change on previous year in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), annual growth rate in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded -8.9 % change on previous year for ppg, official creditors (nfl, us$), annual growth rate in 2024.
Compared with earlier readings it is up 84.3% on the previous year and down 202.1% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), annual growth rate in Papua New Guinea peaked at 327.3 % change on previous year in 2000 and was at its lowest, -412.61 % change on previous year, in 1999.
That places Papua New Guinea 57th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, official creditors (NFL, US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 275.66 % change on previous year | — |
| 1972 | 17.73 % change on previous year | -93.6% |
| 1973 | -31.85 % change on previous year | -279.6% |
| 1974 | -8.27 % change on previous year | -74.0% |
| 1975 | 7.46 % change on previous year | -190.2% |
| 1976 | -50.59 % change on previous year | -778.5% |
| 1977 | 111.5 % change on previous year | -320.4% |
| 1978 | -22.72 % change on previous year | -120.4% |
| 1979 | -1.27 % change on previous year | -94.4% |
| 1980 | 165.82 % change on previous year | -13153.8% |
| 1981 | -0.0481 % change on previous year | -100.0% |
| 1982 | 22.84 % change on previous year | -47547.9% |
| 1983 | 129.13 % change on previous year | +465.3% |
| 1984 | -13.38 % change on previous year | -110.4% |
| 1985 | -48.75 % change on previous year | +264.5% |
| 1986 | 42.33 % change on previous year | -186.8% |
| 1987 | 80.18 % change on previous year | +89.4% |
| 1988 | -66.39 % change on previous year | -182.8% |
| 1989 | 196.18 % change on previous year | -395.5% |
| 1990 | 71.49 % change on previous year | -63.6% |
| 1991 | -30.86 % change on previous year | -143.2% |
| 1992 | -71.96 % change on previous year | +133.2% |
| 1993 | -30.06 % change on previous year | -58.2% |
| 1994 | -173.61 % change on previous year | +477.5% |
| 1995 | 312.56 % change on previous year | -280.0% |
| 1996 | 4.01 % change on previous year | -98.7% |
| 1997 | -134.44 % change on previous year | -3454.7% |
| 1998 | 131.75 % change on previous year | -198.0% |
| 1999 | -412.61 % change on previous year | -413.2% |
| 2000 | 327.3 % change on previous year | -179.3% |
| 2001 | 116.87 % change on previous year | -64.3% |
| 2002 | -157 % change on previous year | -234.3% |
| 2003 | -24.54 % change on previous year | -84.4% |
| 2004 | 0.6135 % change on previous year | -102.5% |
| 2005 | 35.47 % change on previous year | +5682.2% |
| 2006 | -100.24 % change on previous year | -382.6% |
| 2007 | -100.52 % change on previous year | +0.3% |
| 2008 | -3.46 % change on previous year | -96.6% |
| 2009 | 83.31 % change on previous year | -2510.1% |
| 2010 | -6.11 % change on previous year | -107.3% |
| 2011 | 197.38 % change on previous year | -3331.1% |
| 2012 | 303.2 % change on previous year | +53.6% |
| 2013 | 77.52 % change on previous year | -74.4% |
| 2014 | 8.72 % change on previous year | -88.8% |
| 2015 | -0.0717 % change on previous year | -100.8% |
| 2016 | 39.32 % change on previous year | -54964.7% |
| 2017 | -25.91 % change on previous year | -165.9% |
| 2018 | 149.16 % change on previous year | -675.7% |
| 2019 | 77.89 % change on previous year | -47.8% |
| 2020 | 14.73 % change on previous year | -81.1% |
| 2021 | 44.3 % change on previous year | +200.7% |
| 2022 | -27.78 % change on previous year | -162.7% |
| 2023 | -56.8 % change on previous year | +104.5% |
| 2024 | -8.9 % change on previous year | -84.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -8.9 % change on previous year is above the median for lower middle income countries, which is -8.9 % change on previous year, 1.0× the median. (43 countries reporting)
- Papua New Guinea's -8.9 % change on previous year is above the median for East Asia & Pacific, which is -35.47 % change on previous year, 25% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors (NFL, US$), annual growth rate 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 | +54964.7% | -0.0717 % change on previous year | 39.32 % change on previous year |
| 1982 | +47547.9% | -0.0481 % change on previous year | 22.84 % change on previous year |
| 1980 | +13153.8% | -1.27 % change on previous year | 165.82 % change on previous year |
| 2005 | +5682.2% | 0.6135 % change on previous year | 35.47 % change on previous year |
| 1997 | -3454.7% | 4.01 % change on previous year | -134.44 % change on previous year |
| 2011 | +3331.1% | -6.11 % change on previous year | 197.38 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.07 % change on previous year | -50.59 % change on previous year | 275.66 % change on previous year | 9 |
| 1980s | 50.79 % change on previous year | -66.39 % change on previous year | 196.18 % change on previous year | 10 |
| 1990s | -33.37 % change on previous year | -412.61 % change on previous year | 312.56 % change on previous year | 10 |
| 2000s | 17.78 % change on previous year | -157 % change on previous year | 327.3 % change on previous year | 10 |
| 2010s | 82.11 % change on previous year | -25.91 % change on previous year | 303.2 % change on previous year | 10 |
| 2020s | -6.89 % change on previous year | -56.8 % change on previous year | 44.3 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 54 Yemen -3.28 % change on previous year compare
- 55 Suriname -4.3 % change on previous year compare
- 56 Belize -8.71 % change on previous year compare
- 58 Ukraine -9.36 % change on previous year compare
- 59 Bangladesh -10.33 % change on previous year compare
- 60 Madagascar -12.37 % change on previous year 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, official creditors (nfl, us$), annual growth rate in Papua New Guinea?
- Ppg, official creditors (nfl, us$), annual growth rate in Papua New Guinea was -8.9 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 327.3 % change on previous year in 2000.
- What is the lowest ppg, official creditors (nfl, us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -412.61 % change on previous year in 1999.
- How does Papua New Guinea rank for ppg, official creditors (nfl, us$), annual growth rate?
- Papua New Guinea ranks 57th out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 202.1%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of PPG, official creditors (NFL, US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in PPG, official creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in PPG, official creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.