Government debt — all countries

Government debt — Papua New Guinea

Government debt in Papua New Guinea in 2031 — 34.4%. Ranked 49 in the world out of 184. Since 1994, the indicator has fallen by 5.7 pp.

2031 34.4% −2.8 pp vs 2030
World rank 49of 184
Period maximum 53.9%2023
Period minimum 16.3%2011

Trend over time

1994–2031 · % of GDP

Government debt — Papua New Guinea, 1994–2031020406019941998200220062010201420182022202620301994: 40.1%1995: 36.6%1996: 37.8%1997: 43.9%1998: 45.7%1999: 41.8%2000: 42.3%2001: 47.7%2002: 48.4%2003: 40.4%2004: 37.2%2005: 31.6%2006: 26%2007: 22.2%2008: 21.6%2009: 21.7%2010: 17.3%2011: 16.3%2012: 19.1%2013: 24.9%2014: 26.9%2015: 29.9%2016: 33.7%2017: 32.5%2018: 36.7%2019: 38.2%2020: 48.7%2021: 52.6%2022: 48.2%2023: 53.9%2024: 53.3%2025: 52.1%2026: 49.2%2027: 46.4%2028: 43.2%2029: 40.1%2030: 37.2%2031: 34.4%
Change over the period: −5.7 pp Annual average: -0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 34.4%
World computed 102.5%
East Asia & Pacific computed 113.3%
Melanesia computed 41.4%
Government debt — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year % Change, pp
2031 34.4 −2.8 pp
2030 37.2 −2.9 pp
2029 40.1 −3.1 pp
2028 43.2 −3.2 pp
2027 46.4 −2.8 pp
2026 49.2 −2.9 pp
2025 52.1 −1.2 pp
2024 53.3 −0.6 pp
2023 53.9 +5.7 pp
2022 48.2 −4.4 pp
2021 52.6 +3.9 pp
2020 48.7 +10.5 pp
2019 38.2 +1.5 pp
2018 36.7 +4.2 pp
2017 32.5 −1.2 pp
2016 33.7 +3.8 pp
2015 29.9 +3 pp
2014 26.9 +2 pp
2013 24.9 +5.8 pp
2012 19.1 +2.8 pp
2011 16.3 −1 pp
2010 17.3 −4.4 pp
2009 21.7 +0.1 pp
2008 21.6 −0.6 pp
2007 22.2 −3.8 pp
2006 26 −5.6 pp
2005 31.6 −5.6 pp
2004 37.2 −3.2 pp
2003 40.4 −8 pp
2002 48.4 +0.7 pp
2001 47.7 +5.4 pp
2000 42.3 +0.5 pp
1999 41.8 −3.9 pp
1998 45.7 +1.8 pp
1997 43.9 +6.1 pp
1996 37.8 +1.2 pp
1995 36.6 −3.5 pp
1994 40.1

Melanesia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.