Latin America & Caribbean vs Papua New Guinea: Total debt service
Latin America & Caribbean
5.3%
in 2024
Papua New Guinea
20.4%
in 2024
Latin America & Caribbean rank
5th
Papua New Guinea rank
5th
Total debt service over time
- Latin America & Caribbean
- Papua New Guinea
How they compare
Papua New Guinea currently reports 20.4% against 5.3% in Latin America & Caribbean, a difference of 15.1%.
That makes Papua New Guinea's figure about 3.8 times Latin America & Caribbean'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 ranks 5th 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 | 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 or Papua New Guinea?
- Papua New Guinea, at 20.4% against 5.3% in Latin America & Caribbean as of 2024.
- What is the difference in total debt service between Latin America & Caribbean and Papua New Guinea?
- 15.1%, with Papua New Guinea ahead.
- How many years of comparable data are there for Latin America & Caribbean and Papua New Guinea?
- 55 years are reported by both, from 1970 to 2024.
- How do Latin America & Caribbean and Papua New Guinea rank globally for total debt service?
- Latin America & Caribbean ranks 5th 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.
Individual pages
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.