Latin America & Caribbean (excluding high income) vs Papua New Guinea: Total debt service
Total debt service over time
- Latin America & Caribbean (excluding high income)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 20.4% against 5.3% in Latin America & Caribbean (excluding high income), a difference of 15.1%.
That makes Papua New Guinea's figure about 3.8 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was Papua New Guinea ahead.
Latin America & Caribbean (excluding high income) ranks 4th and Papua New Guinea ranks 5th of 32 groups.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.8% | 7.9% | 4.1% | Papua New Guinea |
| 1980s | 6.5% | 12.1% | 5.6% | Papua New Guinea |
| 1990s | 4.8% | 13.6% | 8.8% | Papua New Guinea |
| 2000s | 5.9% | 7.8% | 2.0% | Papua New Guinea |
| 2010s | 4.5% | 8.5% | 4.0% | Papua New Guinea |
| 2020s | 6.6% | 16.7% | 10.0% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total debt service, Latin America & Caribbean (excluding high income) or Papua New Guinea?
- Papua New Guinea, at 20.4% against 5.3% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in total debt service between Latin America & Caribbean (excluding high income) and Papua New Guinea?
- 15.1%, with Papua New Guinea ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Papua New Guinea?
- 55 years are reported by both, from 1970 to 2024.
- How do Latin America & Caribbean (excluding high income) and Papua New Guinea rank globally for total debt service?
- Latin America & Caribbean (excluding high income) ranks 4th and Papua New Guinea ranks 5th of 32 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Total debt service (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.