External debt stocks, long-term in Papua New Guinea
Papua New Guinea: External debt stocks, long-term was 11.48 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, long-term in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, long-term in Papua New Guinea is 11.48 billion DOD, current US$, measured in 2024.
That represents a change of down 20.4% on the previous year and down 41.0% over ten years.
Over the whole period, external debt stocks, long-term in Papua New Guinea peaked at 21.10 billion DOD, current US$ in 2013 and was at its lowest, 208.78 million DOD, current US$, in 1970.
Papua New Guinea ranks 56th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 474.37 million DOD, current US$ | 208.78 million DOD, current US$ | 556.77 million DOD, current US$ | 10 |
| 1980s | 1.68 billion DOD, current US$ | 624.07 million DOD, current US$ | 2.16 billion DOD, current US$ | 10 |
| 1990s | 2.62 billion DOD, current US$ | 2.38 billion DOD, current US$ | 3.32 billion DOD, current US$ | 10 |
| 2000s | 1.65 billion DOD, current US$ | 1.34 billion DOD, current US$ | 2.20 billion DOD, current US$ | 10 |
| 2010s | 16.29 billion DOD, current US$ | 5.38 billion DOD, current US$ | 21.10 billion DOD, current US$ | 10 |
| 2020s | 14.92 billion DOD, current US$ | 11.48 billion DOD, current US$ | 17.09 billion DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
- 53 Cameroon 12.79 billion DOD, current US$ compare
- 54 Armenia 12.41 billion DOD, current US$ compare
- 55 Benin 11.71 billion DOD, current US$ compare
- 57 Honduras 11.46 billion DOD, current US$ compare
- 58 Rwanda 11.45 billion DOD, current US$ compare
- 59 Azerbaijan 11.29 billion DOD, current US$ compare
More external debt data for Papua New Guinea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA 31.68 million NFL, current US$ (2024)
- Net financial flows, IBRD 154,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.6% (2024)
- IMF repurchases and charges 26.07 million TDS, current US$ (2024)
- Net financial flows, multilateral 121.02 million NFL, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 623.36 million TDS, current US$ (2024)
- Multilateral debt service 52.0% (2024)
- Multilateral debt service 324.05 million TDS, current US$ (2024)
Frequently asked questions
- What is external debt stocks, long-term in Papua New Guinea?
- External debt stocks, long-term in Papua New Guinea was 11.48 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, long-term recorded in Papua New Guinea?
- The highest recorded value was 21.10 billion DOD, current US$ in 2013.
- What is the lowest external debt stocks, long-term recorded in Papua New Guinea?
- The lowest recorded value was 208.78 million DOD, current US$ in 1970.
- How does Papua New Guinea rank for external debt stocks, long-term?
- Papua New Guinea ranks 56th out of 121 countries with data for 2024.
- Is external debt stocks, long-term rising or falling in Papua New Guinea?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, long-term (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.