PPG, IDA in Papua New Guinea
Papua New Guinea: PPG, IDA was 580.78 million DOD, current US$ in 2024. ◆ Volatile
PPG, IDA in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, ppg, ida in Papua New Guinea stood at 580.78 million DOD, current US$. That is the highest value across all 55 years on record.
The figure is up 2.7% on the previous year and up 248.4% over ten years.
Over the whole period, ppg, ida in Papua New Guinea peaked at 580.78 million DOD, current US$ in 2024 and was at its lowest, 980,000 DOD, current US$, in 1970.
That places Papua New Guinea 42nd out of 104 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.61 million DOD, current US$ | 980,000 DOD, current US$ | 42.61 million DOD, current US$ | 10 |
| 1980s | 94.97 million DOD, current US$ | 55.06 million DOD, current US$ | 116.47 million DOD, current US$ | 10 |
| 1990s | 106.72 million DOD, current US$ | 96.53 million DOD, current US$ | 114.57 million DOD, current US$ | 10 |
| 2000s | 81.59 million DOD, current US$ | 71.17 million DOD, current US$ | 92.23 million DOD, current US$ | 10 |
| 2010s | 207.86 million DOD, current US$ | 85.99 million DOD, current US$ | 427.57 million DOD, current US$ | 10 |
| 2020s | 544.23 million DOD, current US$ | 471.88 million DOD, current US$ | 580.78 million DOD, current US$ | 5 |
Countries ranked near Papua New Guinea
- 39 Bolivia 700.04 million DOD, current US$ compare
- 40 Armenia 648.66 million DOD, current US$ compare
- 41 Cape Verde 581.94 million DOD, current US$ compare
- 43 Congo 523.90 million DOD, current US$ compare
- 44 Bosnia and Herzegovina 507.75 million DOD, current US$ compare
- 45 Lesotho 504.65 million 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 ppg, ida in Papua New Guinea?
- Ppg, ida in Papua New Guinea was 580.78 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Papua New Guinea?
- The highest recorded value was 580.78 million DOD, current US$ in 2024.
- What is the lowest ppg, ida recorded in Papua New Guinea?
- The lowest recorded value was 980,000 DOD, current US$ in 1970.
- How does Papua New Guinea rank for ppg, ida?
- Papua New Guinea ranks 42nd out of 104 countries with data for 2024.
- Is ppg, ida rising or falling in Papua New Guinea?
- Over the last ten years it is up 248.4%. 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 PPG, IDA (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.