Papua New Guinea Papua New Guinea National Debt

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NATIONAL PUBLIC DEBT Papua New Guinea 2020

The national debt increased in Papua New Guinea

In 2020 Papua New Guinea public debt was 10,172 million euros11,609 million dollars, has increased 1,2921,667 million since 2019.

This amount means that the debt in 2020 reached 47.06% of Papua New Guinea GDP, a 6.89 percentage point rise from 2019, when it was 40.17% of GDP.

If we check the tables we can see the evolution of Papua New Guinea debt. It has risen since 2010 in global debt terms, when it was 1,857 million euros 2,464 million dollars and also in terms of GDP percentage, when it amounted to 17.29%.

According to the last data point published, Papua New Guinea per capita debt in 2020 was 1,158 euros1,322 dollars per inhabitant. In 2019 it was 1,032 euros 1,156 dollars, afterwards rising by 126 euros166 dollars, and if we again check 2010 we can see that then the debt per person was 278 euros369 dollars .

The position of Papua New Guinea, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 64 in the list of debt to GDP and 58 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Papua New Guinea. You can see debt in other countries in Public debt and see all the information about Papua New Guinea in economy of Papua New Guinea.

Papua New Guinea: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202010,17211,60947.06%€1,158$1,322
20198,8809,94240.17%€1,032$1,156
20187,4848,84336.68%€888$1,049
20176,5427,38832.48%€793$895
20166,3297,00433.74%€783$866
20155,8596,50229.93%€740$821
20144,6986,24226.90%€606$805
20133,9855,29224.89%€525$697
20123,1684,07319.12%€426$548
20112,1042,92716.28%€299$415
20101,8572,46417.29%€278$369
20091,8112,52321.72%€286$398
20081,7112,51621.56%€276$406
20071,5432,11522.16%€255$349
20061,7292,17125.98%€292$367
20051,8612,31631.56%€322$401
20041,8772,33437.18%€332$413
20031,9612,21840.42%€356$402
20022,2492,12548.43%€418$395
20012,4112,16047.66%€459$411
20002,3682,18842.33%€462$427
19991,9852,11841.76%€397$423
19982,54245.73%$521
19973,19343.92%$671
19962,87537.80%$620
19952,61436.57%$578
19943,23740.07%$735
Papua New Guinea: Evolution of debt as a percentage of GDP

Papua New Guinea: Evolution of debt in millions