PPG, private creditors (NFL, US$), annual growth rate in Papua New Guinea
Papua New Guinea: PPG, private creditors (NFL, US$), annual growth rate was 27.05 % change on previous year in 2024. ◆ Volatile
PPG, private creditors (NFL, US$), annual growth rate in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, ppg, private creditors (nfl, us$), annual growth rate in Papua New Guinea stood at 27.05 % change on previous year.
That represents a change of up 168.3% on the previous year and up 268.0% over ten years.
Over the whole period, ppg, private creditors (nfl, us$), annual growth rate in Papua New Guinea peaked at 793.24 % change on previous year in 1979 and was at its lowest, -982.75 % change on previous year, in 1990.
That places Papua New Guinea 59th out of 117 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors (NFL, US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -23.3 % change on previous year | — |
| 1972 | -66.87 % change on previous year | +187.0% |
| 1973 | 453.74 % change on previous year | -778.6% |
| 1974 | -59.04 % change on previous year | -113.0% |
| 1975 | 9.45 % change on previous year | -116.0% |
| 1976 | -30.01 % change on previous year | -417.6% |
| 1977 | 31.85 % change on previous year | -206.1% |
| 1978 | -112.15 % change on previous year | -452.2% |
| 1979 | 793.24 % change on previous year | -807.3% |
| 1980 | 199.39 % change on previous year | -74.9% |
| 1981 | 90.27 % change on previous year | -54.7% |
| 1982 | -12.05 % change on previous year | -113.4% |
| 1983 | 24.55 % change on previous year | -303.7% |
| 1984 | -94.76 % change on previous year | -486.0% |
| 1985 | 50.72 % change on previous year | -153.5% |
| 1986 | 66.6 % change on previous year | +31.3% |
| 1987 | -423.19 % change on previous year | -735.4% |
| 1988 | -63.39 % change on previous year | -85.0% |
| 1989 | 112.95 % change on previous year | -278.2% |
| 1990 | -982.75 % change on previous year | -970.1% |
| 1991 | 35.95 % change on previous year | -103.7% |
| 1992 | 36.87 % change on previous year | +2.6% |
| 1993 | -76.96 % change on previous year | -308.7% |
| 1994 | 99.96 % change on previous year | -229.9% |
| 1996 | 49.96 % change on previous year | -50.0% |
| 1997 | 0.1785 % change on previous year | -99.6% |
| 1998 | 63.31 % change on previous year | +35362.4% |
| 1999 | 19.05 % change on previous year | -69.9% |
| 2000 | 548.35 % change on previous year | +2778.4% |
| 2001 | -76.2 % change on previous year | -113.9% |
| 2002 | -68.45 % change on previous year | -10.2% |
| 2003 | -782.71 % change on previous year | +1043.5% |
| 2004 | -36.22 % change on previous year | -95.4% |
| 2005 | 26.24 % change on previous year | -172.5% |
| 2006 | 84.56 % change on previous year | +222.2% |
| 2007 | 8.77 % change on previous year | -89.6% |
| 2008 | -20.17 % change on previous year | -329.9% |
| 2009 | -9.73 % change on previous year | -51.7% |
| 2010 | -6.32 % change on previous year | -35.0% |
| 2011 | -9.8 % change on previous year | +55.0% |
| 2012 | -1.81 % change on previous year | -81.5% |
| 2013 | 19.17 % change on previous year | -1159.6% |
| 2014 | 7.35 % change on previous year | -61.7% |
| 2015 | 94.11 % change on previous year | +1180.4% |
| 2017 | -40.4 % change on previous year | -142.9% |
| 2018 | 435.25 % change on previous year | -1177.2% |
| 2019 | -83.12 % change on previous year | -119.1% |
| 2020 | -296.82 % change on previous year | +257.1% |
| 2021 | -43.94 % change on previous year | -85.2% |
| 2022 | 97.6 % change on previous year | -322.1% |
| 2023 | -39.58 % change on previous year | -140.6% |
| 2024 | 27.05 % change on previous year | -168.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 27.05 % change on previous year is below the median for lower middle income countries, which is 32.01 % change on previous year, 85% of the median. (41 countries reporting)
- Papua New Guinea's 27.05 % change on previous year is below the median for East Asia & Pacific, which is 47.92 % change on previous year, 56% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where PPG, private creditors (NFL, US$), annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +35362.4% | 0.1785 % change on previous year | 63.31 % change on previous year |
| 2000 | +2778.4% | 19.05 % change on previous year | 548.35 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 110.77 % change on previous year | -112.15 % change on previous year | 793.24 % change on previous year | 9 |
| 1980s | -4.89 % change on previous year | -423.19 % change on previous year | 199.39 % change on previous year | 10 |
| 1990s | -83.83 % change on previous year | -982.75 % change on previous year | 99.96 % change on previous year | 9 |
| 2000s | -32.56 % change on previous year | -782.71 % change on previous year | 548.35 % change on previous year | 10 |
| 2010s | 46.05 % change on previous year | -83.12 % change on previous year | 435.25 % change on previous year | 9 |
| 2020s | -51.14 % change on previous year | -296.82 % change on previous year | 97.6 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 56 Chad 33.78 % change on previous year compare
- 57 Pakistan 32.01 % change on previous year compare
- 58 Moldova 30.88 % change on previous year compare
- 60 Georgia 21.83 % change on previous year compare
- 61 Congo 18.46 % change on previous year compare
- 62 Cape Verde 16.49 % change on previous year compare
More external debt data for Papua New Guinea
- Net financial flows, IBRD 1.36 million NFL, current US$ (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, private creditors (nfl, us$), annual growth rate in Papua New Guinea?
- Ppg, private creditors (nfl, us$), annual growth rate in Papua New Guinea was 27.05 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ppg, private creditors (nfl, us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 793.24 % change on previous year in 1979.
- What is the lowest ppg, private creditors (nfl, us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -982.75 % change on previous year in 1990.
- How does Papua New Guinea rank for ppg, private creditors (nfl, us$), annual growth rate?
- Papua New Guinea ranks 59th out of 117 countries with data for 2024.
- Is ppg, private creditors (nfl, us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 268.0%. 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, private creditors (NFL, US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- PPG, private 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, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.