Home Papua New Guinea Government Government Debt to GDP

Papua New Guinea Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

50.36% −1.72% (-3.3%)
Year 2025 Rank #102 Global Peak 53.86% (2023) Source IMF WEO

Papua New Guinea Government Debt to GDP (1994–2025)

Overview

Papua New Guinea's government debt to gdp stood at 50.36% in 2025, a decline of +1.72% from 2024. The IMF projects 50.36% by 2025. Papua New Guinea ranked 102nd globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 40.23% - -
2029* IMF 42.73% - -
2028* IMF 45.03% - -
2027* IMF 47.27% - -
2026* IMF 49.99% - -
2025* IMF 50.36% - -
2025 50.36% −1.72% #102
2024 52.08% −1.78% #88
2023 53.86% +5.67% #93
2022 48.19% −4.39% #74
2021 52.58% +3.90% #83
2020 48.68% +10.47% #71
2019 38.22% +1.54% #53
2018 36.68% +4.19% #52
2017 32.48% −1.26% #42
2016 33.74% +3.81% #51
2015 29.93% +3.04% #47
2014 26.90% +2.01% #50
2013 24.89% +5.77% #48
2012 19.12% +2.85% #30
2011 16.28% −1.01% #25
Show all years (1994-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Papua New Guinea's government debt to gdp?

Papua New Guinea's government debt to gdp was 50.36% in 2025. Ranked 102nd globally. This represents a 3.3% decrease from the previous year.

What was the highest government debt to gdp in Papua New Guinea?

Papua New Guinea's government debt to gdp peaked at 53.86% in 2023.

What was the lowest government debt to gdp in Papua New Guinea?

The lowest government debt to gdp in Papua New Guinea was 16.28% in 2011.

How does Papua New Guinea rank in government debt to gdp?

Papua New Guinea ranks 102nd globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Papua New Guinea in 2025?

Papua New Guinea's government debt to gdp is projected to reach 50.36% by 2025 based on IMF projection.

What is the government debt to gdp of Papua New Guinea in 2025?

The government debt to gdp of Papua New Guinea in 2025 was 50.36%. This ranks 102nd in the world.

Cite this page

APA
Papua New Guinea Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/papua-new-guinea/government-debt-to-gdp
BibTeX
@misc{historysaid_papua-new-guinea_government-debt-to-gdp, title = {Papua New Guinea Government Debt to GDP}, url = {https://historysaid.com/papua-new-guinea/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }