Papua New Guinea - Government Debt to GDP 2021
52.58%
+3.90% from 2020
Papua New Guinea's government debt to gdp was 52.58% in 2021, increased +3.90% from 48.68% in 2020. This was the 83rd highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liechtenstein | 0.45% | -14.2% |
| 2nd | Hong Kong SAR, China | 1.94% | 94.4% |
| 3rd | Brunei Darussalam | 2.51% | -12.0% |
| 4th | Timor-Leste | 6.53% | -35.3% |
| 5th | Kuwait | 7.20% | -29.6% |
| 6th | Afghanistan | 11.15% | 52.1% |
| 7th | Tuvalu | 11.30% | -6.6% |
| 8th | Turkmenistan | 12.29% | -20.0% |
| 9th | Solomon Islands | 15.94% | 24.1% |
| 10th | Russian Federation | 16.52% | -13.7% |
| 11th | Micronesia, Federated States of | 16.96% | -21.1% |
| 12th | Kiribati | 17.35% | -17.3% |
| 13th | Estonia | 18.42% | -3.5% |
| 14th | Marshall Islands | 20.06% | -7.4% |
| 15th | Nauru | 20.52% | -63.5% |
| 16th | Botswana | 22.28% | -5.2% |
| 17th | Bulgaria | 23.84% | 4.9% |
| 18th | Luxembourg | 24.19% | -1.4% |
| 19th | Kazakhstan | 25.10% | -4.8% |
| 20th | Congo, Democratic Republic of | 25.26% | 6.6% |
| 21st | Saudi Arabia | 25.46% | -14.2% |
| 22nd | Cambodia | 25.94% | 2.8% |
| 23rd | Comoros | 26.28% | 8.1% |
| 24th | Azerbaijan | 26.35% | 23.5% |
| 25th | Nigeria | 26.62% | 3.5% |
| 26th | Haiti | 28.86% | 29.3% |
| 27th | Guatemala | 30.59% | -2.9% |
| 28th | Uzbekistan | 31.73% | -5.8% |
| 29th | Moldova | 33.64% | -8.2% |
| 30th | Peru | 35.54% | 3.7% |
| 31st | Bangladesh | 35.61% | 3.2% |
| 32nd | United Arab Emirates | 35.67% | 18.4% |
| 33rd | Bosnia and Herzegovina | 35.75% | -4.0% |
| 34th | Chile | 36.45% | 12.6% |
| 35th | Sweden | 37.01% | -8.0% |
| 36th | Eswatini | 37.48% | -0.9% |
| 37th | Paraguay | 37.50% | 1.6% |
| 38th | Viet Nam | 39.24% | -5.0% |
| 39th | Türkiye | 39.42% | 1.8% |
| 40th | Zimbabwe | 39.89% | -29.8% |
| 41st | Iran, Islamic Republic of | 39.91% | -15.3% |
| 42nd | Djibouti | 40.28% | -4.2% |
| 43rd | Guinea | 40.57% | -10.4% |
| 44th | Czechia | 40.69% | 10.3% |
| 45th | Denmark | 40.71% | -12.0% |
| 46th | Switzerland | 40.98% | -5.1% |
| 47th | Indonesia | 41.14% | 3.5% |
| 48th | Belarus | 41.18% | -13.3% |
| 49th | Chad | 41.56% | -0.4% |
| 50th | Norway | 41.57% | -9.7% |
| 51st | Tajikistan | 42.01% | -17.5% |
| 52nd | Equatorial Guinea | 42.29% | -14.4% |
| 53rd | Tonga | 43.04% | 1.2% |
| 54th | Nepal | 43.29% | -0.1% |
| 55th | Lithuania | 43.30% | -5.6% |
| 56th | Tanzania | 43.39% | 5.1% |
| 57th | Samoa | 45.45% | 5.2% |
| 58th | Guyana | 45.71% | -23.2% |
| 59th | Latvia | 45.87% | 4.2% |
| 60th | Central African Republic | 46.94% | 9.8% |
| 61st | Sierra Leone | 47.06% | 1.5% |
| 62nd | Cameroon | 47.15% | 5.1% |
| 63rd | New Zealand | 47.52% | 9.9% |
| 64th | Korea | 47.99% | 4.5% |
| 65th | Nicaragua | 48.43% | -1.5% |
| 66th | Vanuatu | 48.53% | 1.1% |
| 67th | Andorra | 48.61% | 4.9% |
| 68th | Puerto Rico (US) | 48.87% | -2.7% |
| 69th | Ukraine | 48.92% | -19.2% |
| 70th | Georgia | 49.09% | -17.6% |
| 71st | Madagascar | 49.44% | -6.5% |
| 72nd | Malta | 49.56% | 2.0% |
| 73rd | Côte d'Ivoire | 50.17% | 8.3% |
| 74th | West Bank and Gaza | 50.18% | 6.6% |
| 75th | South Sudan | 50.18% | 2.5% |
| 76th | Honduras | 50.26% | -4.2% |
| 77th | Benin | 50.29% | 9.0% |
| 78th | Uganda | 50.35% | 8.6% |
| 79th | Netherlands | 50.50% | -5.5% |
| 80th | Niger | 51.34% | 14.2% |
| 81st | Romania | 51.53% | 4.6% |
| 82nd | Mali | 51.56% | 8.9% |
| 83rd | Papua New Guinea | 52.58% | 8.0% |
| 84th | Ireland | 52.65% | -7.8% |
| 85th | North Macedonia | 52.75% | 3.7% |
| 86th | Poland | 53.01% | -6.3% |
| 87th | Liberia | 53.28% | -9.2% |
| 88th | Serbia | 53.64% | -1.3% |
| 89th | Panama | 54.41% | -11.6% |
| 90th | Mauritania | 54.45% | -3.6% |
| 91st | Iraq | 54.72% | -24.5% |
| 92nd | Algeria | 55.15% | 20.0% |
| 93rd | Burkina Faso | 55.48% | 27.1% |
| 94th | Australia | 55.52% | -2.7% |
| 95th | Kyrgyz Republic | 56.20% | -11.7% |
| 96th | Mexico | 56.70% | -3.0% |
| 97th | Philippines | 57.01% | 10.4% |
| 98th | Lesotho | 57.96% | 6.0% |
| 99th | Thailand | 58.35% | 18.1% |
| 100th | Qatar | 58.40% | -19.6% |
| 101st | Slovak Republic | 60.18% | 3.0% |
| 102nd | Trinidad and Tobago | 60.51% | -0.1% |
| 103rd | Ecuador | 61.76% | -2.8% |
| 104th | Oman | 61.87% | -8.9% |
| 105th | Dominican Republic | 62.82% | -12.5% |
| 106th | Myanmar | 63.42% | 29.1% |
| 107th | Armenia | 63.65% | -5.4% |
| 108th | Uruguay | 64.08% | -6.1% |
| 109th | Colombia | 64.42% | -1.3% |
| 110th | Togo | 64.86% | 4.3% |
| 111th | Burundi | 66.47% | 0.9% |
| 112th | Malawi | 66.55% | 23.6% |
| 113th | Rwanda | 67.25% | -2.1% |
| 114th | Mongolia | 67.36% | -19.2% |
| 115th | Costa Rica | 67.63% | 1.1% |
| 116th | Israel | 67.69% | -4.8% |
| 117th | Germany | 67.99% | -0.1% |
| 118th | Kenya | 68.23% | 0.4% |
| 119th | South Africa | 68.82% | -0.2% |
| 120th | St. Kitts and Nevis | 69.10% | 1.7% |
| 121st | Malaysia | 69.16% | 2.2% |
| 122nd | Morocco | 69.35% | -4.0% |
| 123rd | Namibia | 69.60% | 8.3% |
| 124th | Palau | 69.95% | 34.3% |
| 125th | China | 70.15% | 1.6% |
| 126th | Seychelles | 70.96% | -8.3% |
| 127th | Gabon | 72.95% | -12.2% |
| 128th | Finland | 73.20% | -2.8% |
| 129th | Iceland | 73.59% | -3.3% |
| 130th | Angola | 74.29% | -37.6% |
| 131st | Pakistan | 74.75% | -7.5% |
| 132nd | Albania | 74.80% | -0.8% |
| 133rd | Slovenia | 74.82% | -6.7% |
| 134th | Yemen, Republic of | 75.91% | -12.7% |
| 135th | Hungary | 76.22% | -3.1% |
| 136th | San Marino | 77.19% | 10.6% |
| 137th | Croatia | 78.20% | -9.6% |
| 138th | Guinea-Bissau | 78.80% | 1.6% |
| 139th | Tunisia | 79.73% | 2.6% |
| 140th | Argentina | 81.04% | -21.9% |
| 141st | Bolivia, Plurinational State of | 81.41% | 4.4% |
| 142nd | St. Lucia | 81.90% | -13.3% |
| 143rd | Belize | 82.21% | -20.2% |
| 144th | Austria | 82.40% | -0.9% |
| 145th | Gambia, The | 83.11% | -3.2% |
| 146th | India | 83.47% | -5.6% |
| 147th | São Tomé and Principe | 85.06% | -6.5% |
| 148th | Mauritius | 86.13% | -6.3% |
| 149th | Montenegro | 86.18% | -20.5% |
| 150th | Jamaica | 86.28% | -14.8% |
| 151st | Grenada | 86.60% | -3.2% |
| 152nd | Fiji | 86.66% | 31.7% |
| 153rd | Ghana | 86.88% | 9.8% |
| 154th | Jordan | 87.62% | -16.1% |
| 155th | El Salvador | 87.96% | -7.8% |
| 156th | St. Vincent and the Grenadines | 88.36% | 10.2% |
| 157th | Brazil | 88.93% | -7.4% |
| 158th | Egypt, Arab Republic of | 89.90% | 4.3% |
| 159th | Bahamas, The | 90.66% | 26.1% |
| 160th | Lao PDR | 92.86% | 22.2% |
| 161st | Antigua and Barbuda | 92.95% | -7.5% |
| 162nd | Cyprus | 96.48% | -15.1% |
| 163rd | Congo, Republic of | 97.76% | -4.6% |
| 164th | Senegal | 98.56% | 9.2% |
| 165th | Sri Lanka | 102.67% | 6.0% |
| 166th | Mozambique | 104.34% | -13.0% |
| 167th | United Kingdom | 105.13% | -0.7% |
| 168th | Dominica | 108.50% | -3.5% |
| 169th | Belgium | 108.54% | -2.4% |
| 170th | Aruba | 110.66% | -5.4% |
| 171st | Zambia | 111.05% | -20.7% |
| 172nd | Canada | 112.62% | -4.6% |
| 173rd | France | 112.79% | -1.8% |
| 174th | Spain | 115.59% | -3.0% |
| 175th | Suriname | 115.82% | -20.9% |
| 176th | Barbados | 121.59% | -12.0% |
| 177th | Bahrain | 122.30% | -2.7% |
| 178th | Maldives | 123.42% | -20.7% |
| 179th | Portugal | 123.88% | -7.6% |
| 180th | Bhutan | 124.47% | 7.3% |
| 181st | United States | 125.01% | -5.7% |
| 182nd | Singapore | 141.73% | -4.4% |
| 183rd | Italy | 145.81% | -5.5% |
| 184th | Cabo Verde | 149.52% | 3.6% |
| 185th | Sudan | 189.64% | -31.9% |
| 186th | Greece | 197.81% | -5.8% |
| 187th | Japan | 253.65% | -1.8% |
| 188th | Lebanon | 358.19% | 140.9% |
FAQ
What was Papua New Guinea's government debt to gdp in 2021?▾
Papua New Guinea's government debt to gdp in 2021 was 52.58%. This ranked 83rd globally.
How did Papua New Guinea's government debt to gdp change in 2021?▾
Papua New Guinea's government debt to gdp increased by 8.0% in 2021 compared to 2020.
Which country had the highest government debt to gdp in 2021?▾
Lebanon had the highest government debt to gdp in 2021 at 358.19%.
What is the government debt to gdp of Papua New Guinea in 2021?▾
The government debt to gdp of Papua New Guinea in 2021 was 52.58%. This ranked 83rd globally.
How does 2021 compare to 2020 for Papua New Guinea's government debt to gdp?▾
Papua New Guinea's government debt to gdp went from 48.68% in 2020 to 52.58% in 2021, a 8.0% increase.
Related
2020
2022
All years
Full ranking 2021
Tax Revenue
Government Spending
Military Spending
Health Spending
Budget Deficit
Peak: 2023
Lowest: 2011
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking