Papua New Guinea Government net lending/borrowing in Papua New Guinea

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: -1.1% 2027: -0.1% 2028: -0.1% 2029: 0.2% 2030: 0.2% 2031: 0.2%
-1.9 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 -1.9
Jan 1998 -0.2
Jan 1997 0.7
Jan 1996 2.1
Jan 1995 1.1
Jan 1994 -1.0
Jan 1993 -4.9
Jan 1992 -4.3
Jan 1991 -0.6
Jan 1990 -2.0

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
Measures the balance of Papua New Guinea's government accounts: a deficit occurs when spending exceeds revenue, a surplus when the reverse holds. Published by the Department of Treasury and usually expressed as a percentage of GDP.
How it's calculated
Calculated as the gap between central government revenue and spending under the IMF government finance statistics framework, and expressed relative to GDP. Revenue depends heavily on extractive resources (mining, gas and oil).
Market implications
As a commodity-dependent economy, Papua New Guinea's deficit swings with resource prices and large gas projects. It is a benchmark for IMF programmes, debt sustainability and pressure on reserves and the kina.
Limitations
It is a low-frequency series subject to sizeable revisions and to limited statistical capacity. Reliance on extractive resources makes it highly volatile, and gas projects distort both revenue and the GDP used in the ratio.