Papua New Guinea Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Papua New Guinea's short-term debt was 1.56% in 2025, ranked 94th globally. This represents a 65.8% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Papua New Guinea's short-term debt stood at 1.56% in 2025, a rise of +0.62% from 2024. Based on recent trends, this figure is projected to reach 1.56% by 2025. Papua New Guinea ranked 94th globally.
Papua New Guinea's short-term debt to GDP ratio has experienced significant fluctuations over the past five decades, with the country's reliance on external financing varying greatly. The ratio peaked at 15.54 in 2022, a stark contrast to its all-time trough of 0.00 in 1976. The ratio has continued to rise, reaching 1.56 in 2025, ranking 94th globally. Comparative analysis with peer countries reveals that Papua New Guinea's short-term debt ratio is slightly higher than that of Montenegro, which stood at 1.57 in 2025. The increasing trend in short-term debt is a cause for concern, as it may indicate a heightened vulnerability to external shocks. Timor-Leste, another peer country, has managed to maintain a lower short-term debt ratio of 1.78 in 2025, suggesting that Papua New Guinea may need to reassess its fiscal management strategies to mitigate potential risks. A sustained decrease in global interest rates could potentially alter the trajectory of Papua New Guinea's short-term debt trajectory.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -1.87% | - | - |
| 2026* trend | -0.16% | - | - |
| 2025* trend | 1.56% | - | - |
| 2025 | 1.56% | +0.62% | #94 |
| 2024 | 0.94% | +0.82% | #17 |
| 2023 | 0.12% | −15.42% | #9 |
| 2022 | 15.54% | +0.78% | #87 |
| 2021 | 14.76% | +12.55% | #89 |
| 2020 | 2.21% | −1.29% | #17 |
| 2019 | 3.50% | +0.89% | #30 |
| 2018 | 2.62% | +2.17% | #24 |
| 2017 | 0.45% | −3.00% | #10 |
| 2016 | 3.44% | +1.92% | #31 |
| 2015 | 1.53% | −2.43% | #18 |
| 2014 | 3.96% | +2.50% | #27 |
| 2013 | 1.45% | −0.30% | #16 |
| 2012 | 1.75% | +0.77% | #18 |
| 2011 | 0.98% | −5.94% | #17 |
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 short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's short-term debt was 1.56% in 2025. Ranked 94th globally. This represents a 65.8% increase from the previous year.
Papua New Guinea's short-term debt peaked at 15.54% in 2022.
The lowest short-term debt in Papua New Guinea was 0.00% in 1970.
Papua New Guinea ranks 94th globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Papua New Guinea's short-term debt is projected to reach 1.56% by 2025 based on trend extrapolation.
The short-term debt of Papua New Guinea in 2025 was 1.56%. This ranks 94th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_short-term-debt,
title = {Papua New Guinea Short-term Debt},
url = {https://historysaid.com/papua-new-guinea/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}