Lesotho vs Papua New Guinea: PPG, IDA
PPG, IDA over time
- Lesotho
- Papua New Guinea
How they compare
Papua New Guinea currently reports 580.78 million DOD, current US$ against 504.65 million DOD, current US$ in Lesotho, a difference of 76.13 million DOD, current US$.
That makes Papua New Guinea's figure about 1.2 times Lesotho's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Lesotho ahead.
Globally, Lesotho ranks 45th and Papua New Guinea ranks 42nd of 104 countries.
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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.