External debt — all countries

External debt — Melanesia

External debt in Melanesia in 2024 — 17,839,102,165 US$. Since 1978, the indicator has risen by 2,455.9%.

2024 17.84B US$ −10.04% vs 2023
World rank
Period maximum 23.54B US$2022
Period minimum 698M US$1978

Trend over time

1978–2024 · US$

External debt — Melanesia, 1978–2024010B20B30B19781983198819931998200320082013201820231978: 697,970,079 US$1979: 764,074,664 US$1980: 954,723,664 US$1981: 1,487,379,627 US$1982: 1,962,094,637 US$1983: 2,245,029,290 US$1984: 2,400,818,364 US$1985: 2,529,179,062 US$1986: 2,418,793,198 US$1987: 2,761,656,627 US$1988: 2,751,189,069 US$1989: 2,762,931,968 US$1990: 3,070,644,089 US$1991: 3,220,555,080 US$1992: 4,176,892,610 US$1993: 3,705,493,984 US$1994: 3,189,715,969 US$1995: 2,896,677,026 US$1996: 2,868,509,280 US$1997: 2,936,320,856 US$1998: 3,099,253,283 US$1999: 3,142,933,245 US$2000: 2,788,078,407 US$2001: 2,515,490,137 US$2002: 2,409,413,722 US$2003: 2,463,871,995 US$2004: 2,367,062,812 US$2005: 2,441,309,858 US$2006: 2,412,802,715 US$2007: 2,235,038,366 US$2008: 2,441,282,106 US$2009: 3,162,665,795 US$2010: 7,502,864,576 US$2011: 14,155,311,406 US$2012: 16,616,505,745 US$2013: 23,299,243,409 US$2014: 22,252,831,151 US$2015: 22,343,401,360 US$2016: 21,205,584,605 US$2017: 19,610,380,612 US$2018: 20,071,016,028 US$2019: 21,306,060,422 US$2020: 20,856,761,516 US$2021: 23,135,139,370 US$2022: 23,535,446,361 US$2023: 19,829,792,171 US$2024: 17,839,102,165 US$
Change over the period: +17.14B (+2,455.85%) Average annual rate: 7.3 %
External debt — Melanesia, by year Melanesia All countries CSV XLSX
Year US$ Change Change, %
2024 17.84B −1.99B −10.04%
2023 19.83B −3.71B −15.74%
2022 23.54B +400M +1.73%
2021 23.14B +2.28B +10.92%
2020 20.86B −449M −2.11%
2019 21.31B +1.24B +6.15%
2018 20.07B +461M +2.35%
2017 19.61B −1.6B −7.52%
2016 21.21B −1.14B −5.09%
2015 22.34B +90.57M +0.41%
2014 22.25B −1.05B −4.49%
2013 23.3B +6.68B +40.22%
2012 16.62B +2.46B +17.39%
2011 14.16B +6.65B +88.67%
2010 7.5B +4.34B +137.23%
2009 3.16B +721M +29.55%
2008 2.44B +206M +9.23%
2007 2.24B −178M −7.37%
2006 2.41B −28.51M −1.17%
2005 2.44B +74.25M +3.14%
2004 2.37B −96.81M −3.93%
2003 2.46B +54.46M +2.26%
2002 2.41B −106M −4.22%
2001 2.52B −273M −9.78%
2000 2.79B −355M −11.29%
1999 3.14B +43.68M +1.41%
1998 3.1B +163M +5.55%
1997 2.94B +67.81M +2.36%
1996 2.87B −28.17M −0.97%
1995 2.9B −293M −9.19%
1994 3.19B −516M −13.92%
1993 3.71B −471M −11.29%
1992 4.18B +956M +29.69%
1991 3.22B +150M +4.88%
1990 3.07B +308M +11.14%
1989 2.76B +11.74M +0.43%
1988 2.75B −10.47M −0.38%
1987 2.76B +343M +14.17%
1986 2.42B −110M −4.36%
1985 2.53B +128M +5.35%
1984 2.4B +156M +6.94%
1983 2.25B +283M +14.42%
1982 1.96B +475M +31.92%
1981 1.49B +533M +55.79%
1980 955M +191M +24.95%
1979 764M +66.1M +9.47%
1978 698M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.