Papua New Guinea Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Papua New Guinea's budget deficit stood at -2.61% in 2025, a rise of +0.63% from 2024. The IMF projects -2.61% by 2025. Papua New Guinea ranked 84th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 0.40% | - | - |
| 2029* IMF | 0.31% | - | - |
| 2028* IMF | 0.09% | - | - |
| 2027* IMF | 0.03% | - | - |
| 2026* IMF | -1.16% | - | - |
| 2025* IMF | -2.61% | - | - |
| 2025 | -2.61% | +0.63% | #84 |
| 2024 | -3.23% | +1.11% | #82 |
| 2023 | -4.34% | +0.91% | #59 |
| 2022 | -5.25% | +1.59% | #52 |
| 2021 | -6.84% | +2.01% | #43 |
| 2020 | -8.85% | −3.88% | #50 |
| 2019 | -4.98% | −2.40% | #32 |
| 2018 | -2.58% | −0.11% | #70 |
| 2017 | -2.48% | +2.27% | #93 |
| 2016 | -4.75% | −0.20% | #50 |
| 2015 | -4.55% | +1.72% | #57 |
| 2014 | -6.27% | +0.61% | #23 |
| 2013 | -6.87% | −5.68% | #21 |
| 2012 | -1.19% | −3.41% | #122 |
| 2011 | 2.22% | −0.85% | #168 |
Detected Pattern
Analysis
Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's budget deficit was -2.61% in 2025. Ranked 84th globally. This represents a 19.4% increase from the previous year.
Papua New Guinea's budget deficit peaked at 6.90% in 2007.
The lowest budget deficit in Papua New Guinea was -8.85% in 2020.
Papua New Guinea ranks 84th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Papua New Guinea's budget deficit is projected to reach -2.61% by 2025 based on IMF projection.
The budget deficit of Papua New Guinea in 2025 was -2.61%. This ranks 84th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_budget-deficit,
title = {Papua New Guinea Budget Deficit},
url = {https://historysaid.com/papua-new-guinea/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}