External debt stocks, total in Papua New Guinea

Papua New Guinea: External debt stocks, total was 12.85 billion DOD, current US$ in 2024. ◆ Volatile

Latest (2024)
12.85 billion DOD, current US$
Change on year
down 17.0%
World rank
62nd
of 121 countries
All-time high
21.61 billion DOD, current US$
in 2013
All-time low
208.78 million DOD, current US$
in 1970
Years of data
55
1970–2024

External debt stocks, total in Papua New Guinea, 1970–2024

05.0B10.0B15.0B20.0B197019972024

Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.

Analysis

Papua New Guinea recorded 12.85 billion DOD, current US$ for external debt stocks, total in 2024.

Compared with earlier readings it is down 17.0% on the previous year and down 37.1% over ten years.

Over the whole period, external debt stocks, total in Papua New Guinea peaked at 21.61 billion DOD, current US$ in 2013 and was at its lowest, 208.78 million DOD, current US$, in 1970.

Papua New Guinea ranks 62nd 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

DecadeAverage LowestHighest Years
1970s 503.64 million DOD, current US$ 208.78 million DOD, current US$ 675.81 million DOD, current US$ 10
1980s 1.84 billion DOD, current US$ 719.00 million DOD, current US$ 2.32 billion DOD, current US$ 10
1990s 2.82 billion DOD, current US$ 2.51 billion DOD, current US$ 3.79 billion DOD, current US$ 10
2000s 1.82 billion DOD, current US$ 1.44 billion DOD, current US$ 2.33 billion DOD, current US$ 10
2010s 16.89 billion DOD, current US$ 5.99 billion DOD, current US$ 21.61 billion DOD, current US$ 10
2020s 17.14 billion DOD, current US$ 12.85 billion DOD, current US$ 19.71 billion DOD, current US$ 5

Countries ranked near Papua New Guinea

  1. 59 Benin 14.16 billion DOD, current US$ compare
  2. 60 Bosnia and Herzegovina 13.89 billion DOD, current US$ compare
  3. 61 Rwanda 13.05 billion DOD, current US$ compare
  4. 63 North Macedonia 12.84 billion DOD, current US$ compare
  5. 64 Democratic Republic of Congo 12.48 billion DOD, current US$ compare
  6. 65 Azerbaijan 12.20 billion DOD, current US$ compare

See the full ranking of 133 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is external debt stocks, total in Papua New Guinea?
External debt stocks, total in Papua New Guinea was 12.85 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest external debt stocks, total recorded in Papua New Guinea?
The highest recorded value was 21.61 billion DOD, current US$ in 2013.
What is the lowest external debt stocks, total 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, total?
Papua New Guinea ranks 62nd out of 121 countries with data for 2024.
Is external debt stocks, total rising or falling in Papua New Guinea?
Over the last ten years it is down 37.1%. 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, total (DOD, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
External debt stocks, total (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
133 places, 6,444 data points, 1970–2024
Last refreshed

Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.