Government gross debt in Papua New Guinea

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 46.8% 2027: 42.0% 2028: 39.1% 2029: 36.6% 2030: 34.1% 2031: 31.9%

41.8 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	41.8
Jan 1998	45.7
Jan 1997	43.9
Jan 1996	37.8
Jan 1995	36.6
Jan 1994	40.1

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt measures the total outstanding liabilities of Papua New Guinea's government owed to domestic and external creditors. It is reported in absolute terms and as a share of GDP to assess fiscal sustainability.

How it's calculated

The figure comes from Papua New Guinea's Treasury and central bank and from IMF estimates: the sum of government bonds, loans and multilateral credits set against nominal GDP. A large share is external debt. It is an annual figure.

Market implications

As an economy reliant on commodities and multilateral financing, Papua New Guinea's debt shapes its access to credit and fiscal room amid swings in export prices. It is followed by the IMF and donors.

Limitations

It is an annual, revisable figure with considerable statistical uncertainty, highly sensitive to the kina's exchange rate and to nominal GDP. The coverage and perimeter of the public sector can vary across sources.