Papua New Guinea recorded a Government Debt to GDP of 51.50 percent of the country's Gross Domestic Product in 2021. source: Bank of Papua New Guinea

Government Debt to GDP in Papua New Guinea averaged 34.05 percent of GDP from 1994 until 2021, reaching an all time high of 51.50 percent of GDP in 2021 and a record low of 16.30 percent of GDP in 2011. This page provides - Papua New Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Government Debt to GDP - values, historical data and charts - was last updated on September of 2022.

Government Debt to GDP in Papua New Guinea is expected to reach 52.10 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Government Debt to GDP is projected to trend around 52.50 percent of GDP in 2023, according to our econometric models.

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Papua New Guinea Government Debt to GDP



Related Last Previous Unit Reference
Government Debt to GDP 51.50 48.90 percent of GDP Dec 2021
Government Budget -6.00 -8.10 percent of GDP Dec 2021

Papua New Guinea Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
51.50 48.90 51.50 16.30 1994 - 2021 percent of GDP Yearly