Papua New Guinea Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Papua New Guinea debt to gdp ratio for 2022 was 48.26%, a 4.32% decline from 2021.
  • Papua New Guinea debt to gdp ratio for 2021 was 52.58%, a 3.9% increase from 2020.
  • Papua New Guinea debt to gdp ratio for 2020 was 48.68%, a 8.53% increase from 2019.
  • Papua New Guinea debt to gdp ratio for 2019 was 40.15%, a 3.48% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Kyrgyz Republic 50.06%
Papua New Guinea 48.26%
Indonesia 45.54%
Georgia 42.97%
Moldova 34.52%
Solomon Islands 15.39%
Papua New Guinea Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 48.26% -4.32%
2021 52.58% 3.90%
2020 48.68% 8.53%
2019 40.15% 3.48%
2018 36.67% 3.99%
2017 32.69% -1.05%
2016 33.74% 3.86%
2015 29.88% 2.98%
2014 26.89% -42.84%
2002 69.73% 1.47%
2001 68.27% 10.53%
2000 57.74% -5.80%
1999 63.54% -2.81%
1998 66.35% 3.95%
1997 62.40% 6.76%
1996 55.64% 1.98%
1995 53.66% 0.12%
1994 53.55% 9.22%
1993 44.33% -0.54%
1992 44.86% -1.75%
1991 46.61% -2.34%
1990 48.95% -2.34%