New Zealand vs Papua New Guinea: Central government debt, total
Central government debt, total over time
- New Zealand
- Papua New Guinea
How they compare
Papua New Guinea currently reports 52.0% against 52.0% in New Zealand, a difference of 0.0%.
The two have swapped places 4 times across 12 shared years of data; in 2002 it was Papua New Guinea ahead.
New Zealand ranks 45th and Papua New Guinea ranks 44th of 83 countries.
Across the 3 decades both report, New Zealand averaged higher in 1 and Papua New Guinea in 2.
Head to head by decade
| Decade | New Zealand | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.8% | 69.7% | 37.0% | Papua New Guinea |
| 2010s | 39.4% | 33.3% | 6.0% | New Zealand |
| 2020s | 50.6% | 50.8% | 0.2% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, New Zealand or Papua New Guinea?
- Papua New Guinea, at 52.0% against 52.0% in New Zealand as of 2024.
- What is the difference in central government debt, total between New Zealand and Papua New Guinea?
- 0.0%, with Papua New Guinea ahead.
- How many years of comparable data are there for New Zealand and Papua New Guinea?
- 12 years are reported by both, from 2002 to 2024.
- How do New Zealand and Papua New Guinea rank globally for central government debt, total?
- New Zealand ranks 45th and Papua New Guinea ranks 44th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.