Papua New Guinea Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Papua New Guinea's interest payments to revenue was 12.73% in 2025, ranked 30th globally. This represents a 8.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Papua New Guinea's interest payments to revenue stood at 12.73% in 2025, a decline of +1.21pp from 2023. Based on recent trends, this figure is projected to reach 12.73% by 2025. Papua New Guinea ranked 30th globally.
Papua New Guinea's interest payments to revenue ratio has exhibited a mixed trend over the past 24 years. At 19.90% in 2002, the country witnessed its highest level of interest payments relative to revenue, a peak that was largely driven by rising debt levels. Conversely, the ratio hit its lowest point at 7.86% in 2014, a period marked by improved fiscal discipline. However, the ratio has since rebounded, with Papua New Guinea now ranking 30th globally at 12.72%. This resurgence is in line with trends observed in peer countries such as Türkiye, which has maintained a relatively stable ratio. While the current ratio remains within manageable limits, a significant increase in interest payments could undermine the country's fiscal sustainability, particularly if revenue growth fails to keep pace with rising debt obligations. A sustained decline in international interest rates could mitigate this risk, enabling Papua New Guinea to stabilize its debt dynamics and maintain a more favorable interest payments to revenue ratio.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 12.04% | - | - |
| 2025* trend | 12.73% | - | - |
| 2025 | 12.73% | −1.21pp | #30 |
| 2023 | 13.94% | +0.06pp | #76 |
| 2022 | 13.88% | −2.35pp | #90 |
| 2021 | 16.23% | −1.63pp | #109 |
| 2020 | 17.86% | +2.51pp | #119 |
| 2019 | 15.36% | +2.20pp | #121 |
| 2018 | 13.16% | −0.07pp | #113 |
| 2017 | 13.23% | +1.33pp | #121 |
| 2016 | 11.90% | +1.58pp | #114 |
| 2015 | 10.32% | +2.46pp | #110 |
| 2014 | 7.86% | −12.05pp | #91 |
| 2002 | 19.90% | +5.11pp | #85 |
| 2001 | 14.80% | +0.10pp | #69 |
| 2000 | 14.70% | −0.76pp | #67 |
| 1999 | 15.46% | −1.41pp | #66 |
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 interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's interest payments to revenue was 12.73% in 2025. Ranked 30th globally. This represents a 8.7% decrease from the previous year.
Papua New Guinea's interest payments to revenue peaked at 19.90% in 2002.
The lowest interest payments to revenue in Papua New Guinea was 7.86% in 2014.
Papua New Guinea ranks 30th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Papua New Guinea's interest payments to revenue is projected to reach 12.73% by 2025 based on trend extrapolation.
The interest payments to revenue of Papua New Guinea in 2025 was 12.73%. This ranks 30th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_interest-to-revenue,
title = {Papua New Guinea Interest Payments to Revenue},
url = {https://historysaid.com/papua-new-guinea/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}