External debt stocks, total (DOD, current US$), annual growth rate in Papua New Guinea
Papua New Guinea: External debt stocks, total (DOD, current US$), annual growth rate was -16.98 % change on previous year in 2024. ◆ Volatile
External debt stocks, total (DOD, current US$), annual growth rate in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external debt stocks, total (dod, current us$), annual growth rate in Papua New Guinea is -16.98 % change on previous year, measured in 2024.
The figure is up 19.2% on the previous year and down 210.7% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), annual growth rate in Papua New Guinea peaked at 238.44 % change on previous year in 2010 and was at its lowest, -21.03 % change on previous year, in 2023.
That places Papua New Guinea 118th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 95.03 % change on previous year | — |
| 1972 | 21.58 % change on previous year | -77.3% |
| 1973 | 6.17 % change on previous year | -71.4% |
| 1974 | -3.85 % change on previous year | -162.4% |
| 1975 | 0.1415 % change on previous year | -103.7% |
| 1976 | 2.91 % change on previous year | +1955.1% |
| 1977 | 29.78 % change on previous year | +924.0% |
| 1978 | -13.69 % change on previous year | -146.0% |
| 1979 | 4.35 % change on previous year | -131.8% |
| 1980 | 18.13 % change on previous year | +317.1% |
| 1981 | 64.75 % change on previous year | +257.1% |
| 1982 | 37.41 % change on previous year | -42.2% |
| 1983 | 14.75 % change on previous year | -60.6% |
| 1984 | 8.65 % change on previous year | -41.3% |
| 1985 | 4.09 % change on previous year | -52.8% |
| 1986 | -6.06 % change on previous year | -248.4% |
| 1987 | 14.7 % change on previous year | -342.5% |
| 1988 | -1.14 % change on previous year | -107.8% |
| 1989 | 2.95 % change on previous year | -358.5% |
| 1990 | 11.99 % change on previous year | +306.3% |
| 1991 | 6.95 % change on previous year | -42.0% |
| 1992 | 36.58 % change on previous year | +426.5% |
| 1993 | -13.74 % change on previous year | -137.5% |
| 1994 | -14.57 % change on previous year | +6.1% |
| 1995 | -10.27 % change on previous year | -29.5% |
| 1996 | 0.0714 % change on previous year | -100.7% |
| 1997 | 3.28 % change on previous year | +4486.1% |
| 1998 | 4.74 % change on previous year | +44.5% |
| 1999 | -2.02 % change on previous year | -142.8% |
| 2000 | -12.5 % change on previous year | +517.4% |
| 2001 | -11.94 % change on previous year | -4.5% |
| 2002 | -9.31 % change on previous year | -22.0% |
| 2003 | 0.3576 % change on previous year | -103.8% |
| 2004 | -5.02 % change on previous year | -1504.6% |
| 2005 | 5.72 % change on previous year | -213.8% |
| 2006 | -6.22 % change on previous year | -208.8% |
| 2007 | -12.75 % change on previous year | +105.0% |
| 2008 | -6.17 % change on previous year | -51.6% |
| 2009 | 23.16 % change on previous year | -475.1% |
| 2010 | 238.44 % change on previous year | +929.8% |
| 2011 | 110.19 % change on previous year | -53.8% |
| 2012 | 18.58 % change on previous year | -83.1% |
| 2013 | 44.81 % change on previous year | +141.2% |
| 2014 | -5.47 % change on previous year | -112.2% |
| 2015 | -0.2056 % change on previous year | -96.2% |
| 2016 | -5.59 % change on previous year | +2618.4% |
| 2017 | -10.51 % change on previous year | +88.1% |
| 2018 | 2.9 % change on previous year | -127.6% |
| 2019 | 5.76 % change on previous year | +98.5% |
| 2020 | -3.72 % change on previous year | -164.6% |
| 2021 | 9.23 % change on previous year | -347.8% |
| 2022 | -0.5337 % change on previous year | -105.8% |
| 2023 | -21.03 % change on previous year | +3840.2% |
| 2024 | -16.98 % change on previous year | -19.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -16.98 % change on previous year is below the median for lower middle income countries, which is 1.01 % change on previous year. (43 countries reporting)
- Papua New Guinea's -16.98 % change on previous year is below the median for East Asia & Pacific, which is -1.34 % change on previous year, 12.6× the median. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total (DOD, current US$), annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +4486.1% | 0.0714 % change on previous year | 3.28 % change on previous year |
| 2023 | -3840.2% | -0.5337 % change on previous year | -21.03 % change on previous year |
| 2016 | -2618.4% | -0.2056 % change on previous year | -5.59 % change on previous year |
| 1976 | +1955.1% | 0.1415 % change on previous year | 2.91 % change on previous year |
| 2004 | -1504.6% | 0.3576 % change on previous year | -5.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.82 % change on previous year | -13.69 % change on previous year | 95.03 % change on previous year | 9 |
| 1980s | 15.82 % change on previous year | -6.06 % change on previous year | 64.75 % change on previous year | 10 |
| 1990s | 2.3 % change on previous year | -14.57 % change on previous year | 36.58 % change on previous year | 10 |
| 2000s | -3.47 % change on previous year | -12.75 % change on previous year | 23.16 % change on previous year | 10 |
| 2010s | 39.89 % change on previous year | -10.51 % change on previous year | 238.44 % change on previous year | 10 |
| 2020s | -6.61 % change on previous year | -21.03 % change on previous year | 9.23 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 115 Tonga -11.85 % change on previous year compare
- 116 Iraq -13.79 % change on previous year compare
- 117 Turkmenistan -15.25 % change on previous year compare
- 119 Azerbaijan -18.62 % change on previous year compare
- 120 Russia -20.34 % change on previous year compare
- 121 Somalia -41.84 % change on previous year compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks, total (dod, current us$), annual growth rate in Papua New Guinea?
- External debt stocks, total (dod, current us$), annual growth rate in Papua New Guinea was -16.98 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 238.44 % change on previous year in 2010.
- What is the lowest external debt stocks, total (dod, current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -21.03 % change on previous year in 2023.
- How does Papua New Guinea rank for external debt stocks, total (dod, current us$), annual growth rate?
- Papua New Guinea ranks 118th out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 210.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.