PPG, private creditors in Papua New Guinea
Papua New Guinea: PPG, private creditors was -8.07 million NFL, US$ in 2024. ◆ Volatile
PPG, private creditors in Papua New Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
Papua New Guinea recorded -8.07 million NFL, US$ for ppg, private creditors in 2024.
Compared with earlier readings it is up 27.0% on the previous year and down 31.2% over ten years.
Over the whole period, ppg, private creditors in Papua New Guinea peaked at 689.64 million NFL, US$ in 2018 and was at its lowest, -329.82 million NFL, US$, in 2021.
That places Papua New Guinea 82nd out of 119 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.64 million NFL, US$ | -2.63 million NFL, US$ | 52.41 million NFL, US$ | 10 |
| 1980s | 27.66 million NFL, US$ | -79.21 million NFL, US$ | 113.94 million NFL, US$ | 10 |
| 1990s | -50.32 million NFL, US$ | -108.58 million NFL, US$ | -25,000 NFL, US$ | 10 |
| 2000s | -5.40 million NFL, US$ | -50.44 million NFL, US$ | 72.22 million NFL, US$ | 10 |
| 2010s | 111.43 million NFL, US$ | -8.21 million NFL, US$ | 689.64 million NFL, US$ | 10 |
| 2020s | -117.20 million NFL, US$ | -329.82 million NFL, US$ | -7.92 million 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)
- 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)
- Use of IMF credit 1.25 billion DOD, current US$ (2024)
- Multilateral debt service 324.05 million TDS, current US$ (2024)
Frequently asked questions
- What is ppg, private creditors in Papua New Guinea?
- Ppg, private creditors in Papua New Guinea was -8.07 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, private creditors recorded in Papua New Guinea?
- The highest recorded value was 689.64 million NFL, US$ in 2018.
- What is the lowest ppg, private creditors recorded in Papua New Guinea?
- The lowest recorded value was -329.82 million NFL, US$ in 2021.
- How does Papua New Guinea rank for ppg, private creditors?
- Papua New Guinea ranks 82nd out of 119 countries with data for 2024.
- Is ppg, private creditors rising or falling in Papua New Guinea?
- Over the last ten years it is down 31.2%. 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, private 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 private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.