PPG, official creditors in Papua New Guinea
Papua New Guinea: PPG, official creditors was 378.17 million NFL, US$ in 2024. ◆ Volatile
PPG, official creditors in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
Papua New Guinea recorded 378.17 million NFL, US$ for ppg, official creditors in 2024.
Compared with earlier readings it is down 8.9% on the previous year and up 115.1% over ten years.
Over the whole period, ppg, official creditors in Papua New Guinea peaked at 1.33 billion NFL, US$ in 2021 and was at its lowest, -130.97 million NFL, US$, in 2008.
That places Papua New Guinea 40th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.75 million NFL, US$ | 5.41 million NFL, US$ | 23.93 million NFL, US$ | 10 |
| 1980s | 64.63 million NFL, US$ | 34.05 million NFL, US$ | 109.11 million NFL, US$ | 10 |
| 1990s | 41.47 million NFL, US$ | -18.59 million NFL, US$ | 186.26 million NFL, US$ | 10 |
| 2000s | -41.04 million NFL, US$ | -130.97 million NFL, US$ | 69.25 million NFL, US$ | 10 |
| 2010s | 228.54 million NFL, US$ | -23.20 million NFL, US$ | 803.77 million NFL, US$ | 10 |
| 2020s | 801.41 million NFL, US$ | 378.17 million NFL, US$ | 1.33 billion NFL, US$ | 5 |
Countries ranked near Papua New Guinea
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)
- Debt service on external debt, public and publicly guaranteed (PPG) 623.36 million TDS, current US$ (2024)
- Net financial flows, multilateral 121.02 million NFL, current US$ (2024)
- Multilateral debt service 324.05 million TDS, current US$ (2024)
- Use of IMF credit 1.25 billion DOD, current US$ (2024)
- IMF repurchases and charges 26.07 million TDS, current US$ (2024)
Frequently asked questions
- What is ppg, official creditors in Papua New Guinea?
- Ppg, official creditors in Papua New Guinea was 378.17 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, official creditors recorded in Papua New Guinea?
- The highest recorded value was 1.33 billion NFL, US$ in 2021.
- What is the lowest ppg, official creditors recorded in Papua New Guinea?
- The lowest recorded value was -130.97 million NFL, US$ in 2008.
- How does Papua New Guinea rank for ppg, official creditors?
- Papua New Guinea ranks 40th out of 122 countries with data for 2024.
- Is ppg, official creditors rising or falling in Papua New Guinea?
- Over the last ten years it is up 115.1%. 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 PPG, official creditors (NFL, US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.