PPG, official creditors (NFL, US$), per unit of GDP in Papua New Guinea
Papua New Guinea: PPG, official creditors (NFL, US$), per unit of GDP was 0.0123 NFL, US$ per US$ of GDP in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), per unit of GDP in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in NFL, US$ per US$ of GDP.
Analysis
In 2024, ppg, official creditors (nfl, us$), per unit of gdp in Papua New Guinea stood at 0.0123 NFL, US$ per US$ of GDP.
The figure is down 8.9% on the previous year and up 62.1% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), per unit of gdp in Papua New Guinea peaked at 0.0578 NFL, US$ per US$ of GDP in 1990 and was at its lowest, -0.0139 NFL, US$ per US$ of GDP, in 2003.
That places Papua New Guinea 40th 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$), per unit of GDP in Papua New Guinea, year by year
| Year | NFL, US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0084 NFL, US$ per US$ of GDP | — |
| 1971 | 0.0283 NFL, US$ per US$ of GDP | +237.9% |
| 1972 | 0.0279 NFL, US$ per US$ of GDP | -1.6% |
| 1973 | 0.0126 NFL, US$ per US$ of GDP | -54.9% |
| 1974 | 0.0102 NFL, US$ per US$ of GDP | -18.8% |
| 1975 | 0.0118 NFL, US$ per US$ of GDP | +16.2% |
| 1976 | 0.0053 NFL, US$ per US$ of GDP | -55.7% |
| 1977 | 0.0102 NFL, US$ per US$ of GDP | +94.9% |
| 1978 | 0.0067 NFL, US$ per US$ of GDP | -34.9% |
| 1979 | 0.0056 NFL, US$ per US$ of GDP | -16.2% |
| 1980 | 0.0134 NFL, US$ per US$ of GDP | +139.5% |
| 1981 | 0.0136 NFL, US$ per US$ of GDP | +1.9% |
| 1982 | 0.0177 NFL, US$ per US$ of GDP | +29.6% |
| 1983 | 0.0374 NFL, US$ per US$ of GDP | +111.8% |
| 1984 | 0.0325 NFL, US$ per US$ of GDP | -13.0% |
| 1985 | 0.0176 NFL, US$ per US$ of GDP | -46.0% |
| 1986 | 0.0229 NFL, US$ per US$ of GDP | +30.3% |
| 1987 | 0.0347 NFL, US$ per US$ of GDP | +51.8% |
| 1988 | 0.01 NFL, US$ per US$ of GDP | -71.1% |
| 1989 | 0.0306 NFL, US$ per US$ of GDP | +205.3% |
| 1990 | 0.0578 NFL, US$ per US$ of GDP | +88.9% |
| 1991 | 0.034 NFL, US$ per US$ of GDP | -41.2% |
| 1992 | 0.0082 NFL, US$ per US$ of GDP | -75.7% |
| 1993 | 0.0051 NFL, US$ per US$ of GDP | -38.4% |
| 1994 | -0.0034 NFL, US$ per US$ of GDP | -166.5% |
| 1995 | 0.0085 NFL, US$ per US$ of GDP | -352.3% |
| 1996 | 0.008 NFL, US$ per US$ of GDP | -6.5% |
| 1997 | -0.0029 NFL, US$ per US$ of GDP | -136.0% |
| 1998 | 0.0012 NFL, US$ per US$ of GDP | -141.4% |
| 1999 | -0.004 NFL, US$ per US$ of GDP | -440.7% |
| 2000 | 0.0091 NFL, US$ per US$ of GDP | -324.4% |
| 2001 | 0.0225 NFL, US$ per US$ of GDP | +147.9% |
| 2002 | -0.0132 NFL, US$ per US$ of GDP | -158.6% |
| 2003 | -0.0139 NFL, US$ per US$ of GDP | +5.6% |
| 2004 | -0.0124 NFL, US$ per US$ of GDP | -10.5% |
| 2005 | -0.0065 NFL, US$ per US$ of GDP | -47.9% |
| 2006 | -0.0076 NFL, US$ per US$ of GDP | +16.6% |
| 2007 | -0.0133 NFL, US$ per US$ of GDP | +75.5% |
| 2008 | -0.0112 NFL, US$ per US$ of GDP | -15.4% |
| 2009 | -0.0019 NFL, US$ per US$ of GDP | -83.2% |
| 2010 | -0.0016 NFL, US$ per US$ of GDP | -13.5% |
| 2011 | 0.0013 NFL, US$ per US$ of GDP | -177.2% |
| 2012 | 0.0043 NFL, US$ per US$ of GDP | +240.5% |
| 2013 | 0.0076 NFL, US$ per US$ of GDP | +77.8% |
| 2014 | 0.0076 NFL, US$ per US$ of GDP | -0.4% |
| 2015 | 0.0081 NFL, US$ per US$ of GDP | +6.8% |
| 2016 | 0.0118 NFL, US$ per US$ of GDP | +45.8% |
| 2017 | 0.008 NFL, US$ per US$ of GDP | -32.4% |
| 2018 | 0.0187 NFL, US$ per US$ of GDP | +135.0% |
| 2019 | 0.0325 NFL, US$ per US$ of GDP | +73.3% |
| 2020 | 0.0387 NFL, US$ per US$ of GDP | +19.1% |
| 2021 | 0.051 NFL, US$ per US$ of GDP | +31.8% |
| 2022 | 0.0304 NFL, US$ per US$ of GDP | -40.4% |
| 2023 | 0.0135 NFL, US$ per US$ of GDP | -55.6% |
| 2024 | 0.0123 NFL, US$ per US$ of GDP | -8.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0123 NFL, US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0089 NFL, US$ per US$ of GDP, 1.4× the median. (43 countries reporting)
- Papua New Guinea's 0.0123 NFL, US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0011 NFL, US$ per US$ of GDP, 11.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0127 NFL, US$ per US$ of GDP | 0.0053 NFL, US$ per US$ of GDP | 0.0283 NFL, US$ per US$ of GDP | 10 |
| 1980s | 0.023 NFL, US$ per US$ of GDP | 0.01 NFL, US$ per US$ of GDP | 0.0374 NFL, US$ per US$ of GDP | 10 |
| 1990s | 0.0113 NFL, US$ per US$ of GDP | -0.004 NFL, US$ per US$ of GDP | 0.0578 NFL, US$ per US$ of GDP | 10 |
| 2000s | -0.0048 NFL, US$ per US$ of GDP | -0.0139 NFL, US$ per US$ of GDP | 0.0225 NFL, US$ per US$ of GDP | 10 |
| 2010s | 0.0098 NFL, US$ per US$ of GDP | -0.0016 NFL, US$ per US$ of GDP | 0.0325 NFL, US$ per US$ of GDP | 10 |
| 2020s | 0.0291 NFL, US$ per US$ of GDP | 0.0123 NFL, US$ per US$ of GDP | 0.051 NFL, US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 37 Paraguay 0.0129 NFL, US$ per US$ of GDP compare
- 38 Mauritius 0.0127 NFL, US$ per US$ of GDP compare
- 39 Côte d'Ivoire 0.0124 NFL, US$ per US$ of GDP compare
- 41 Morocco 0.0122 NFL, US$ per US$ of GDP compare
- 42 Montenegro 0.0119 NFL, US$ per US$ of GDP compare
- 43 Ecuador 0.0114 NFL, US$ per US$ of GDP 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$), per unit of gdp in Papua New Guinea?
- Ppg, official creditors (nfl, us$), per unit of gdp in Papua New Guinea was 0.0123 NFL, US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.0578 NFL, US$ per US$ of GDP in 1990.
- What is the lowest ppg, official creditors (nfl, us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was -0.0139 NFL, US$ per US$ of GDP in 2003.
- How does Papua New Guinea rank for ppg, official creditors (nfl, us$), per unit of gdp?
- Papua New Guinea ranks 40th out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 62.1%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
PPG, official creditors (NFL, US$) ÷ GDP (current US$)
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.