Papua New Guinea External Debt 1970-2024

Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.
  • Papua New Guinea external debt for 2022 was $18,699,746,215, a 5.13% decline from 2021.
  • Papua New Guinea external debt for 2021 was $19,710,405,017, a 9.22% increase from 2020.
  • Papua New Guinea external debt for 2020 was $18,046,873,709, a 3.72% decline from 2019.
  • Papua New Guinea external debt for 2019 was $18,744,676,569, a 5.76% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Current US $
India $617
Indonesia $396
Egypt $163
Vietnam $147
Ukraine $139
Pakistan $127
Philippines $111
Nigeria $98
Bangladesh $97
Morocco $65
Angola $60
Sri Lanka $59
Uzbekistan $49
Ghana $45
Kenya $42
Tunisia $40
Mongolia $34
Zambia $29
Georgia $24
Cambodia $22
Sudan $22
El Salvador $21
Lao PDR $19
Papua New Guinea $19
Bolivia $16
Cameroon $15
Nicaragua $15
Honduras $13
Myanmar $13
Moldova $10
Kyrgyz Republic $10
Republic of Congo $8
Mauritania $5
Kosovo $4
Djibouti $3
Bhutan $3
Cabo Verde $2
Lesotho $2
Eswatini $1
Solomon Islands $1
Vanuatu $0
Sao Tome and Principe $0
Timor-Leste $0
Papua New Guinea External Debt - Historical Data
Year Current US $ Annual % Change
2022 $18,699,746,215 -5.13%
2021 $19,710,405,017 9.22%
2020 $18,046,873,709 -3.72%
2019 $18,744,676,569 5.76%
2018 $17,723,605,373 2.90%
2017 $17,223,736,382 -10.51%
2016 $19,247,283,289 -5.59%
2015 $20,386,681,360 -0.21%
2014 $20,428,666,793 -5.47%
2013 $21,609,688,424 44.81%
2012 $14,922,490,380 18.58%
2011 $12,584,089,528 110.19%
2010 $5,987,009,775 238.44%
2009 $1,768,982,573 23.16%
2008 $1,436,380,431 -6.17%
2007 $1,530,876,143 -12.75%
2006 $1,754,570,835 -6.22%
2005 $1,870,906,690 5.72%
2004 $1,769,749,011 -5.02%
2003 $1,863,354,063 0.36%
2002 $1,856,713,721 -9.31%
2001 $2,047,405,720 -11.94%
2000 $2,325,079,588 -12.50%
1999 $2,657,223,999 -2.02%
1998 $2,712,134,542 4.74%
1997 $2,589,508,593 3.28%
1996 $2,507,363,358 0.07%
1995 $2,505,573,004 -10.27%
1994 $2,792,345,094 -14.57%
1993 $3,268,510,852 -13.74%
1992 $3,788,946,401 36.58%
1991 $2,774,125,272 6.95%
1990 $2,593,899,558 11.99%
1989 $2,316,234,092 2.95%
1988 $2,249,839,539 -1.14%
1987 $2,275,815,263 14.70%
1986 $1,984,116,632 -6.06%
1985 $2,112,192,646 4.09%
1984 $2,029,276,420 8.65%
1983 $1,867,658,923 14.75%
1982 $1,627,595,971 37.41%
1981 $1,184,523,872 64.75%
1980 $719,001,778 18.13%
1979 $608,638,131 4.35%
1978 $583,277,481 -13.69%
1977 $675,812,946 29.78%
1976 $520,751,938 2.91%
1975 $506,036,560 0.14%
1974 $505,321,531 -3.85%
1973 $525,578,942 6.17%
1972 $495,025,775 21.58%
1971 $407,176,568 95.03%
1970 $208,775,480 95.03%