Cape Verde vs Papua New Guinea: PPG, IDA
PPG, IDA over time
- Cape Verde
- Papua New Guinea
How they compare
Cape Verde currently reports 581.94 million DOD, current US$ against 580.78 million DOD, current US$ in Papua New Guinea, a difference of 1.16 million DOD, current US$.
The two have swapped places 3 times across 42 shared years of data; in 1983 it was Papua New Guinea ahead.
Globally, Cape Verde ranks 41st and Papua New Guinea ranks 42nd of 104 countries.
Individual pages
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.