Foreign Debt (USD) fell 9.42% to USD 17,367 bil in Papua New Guinea in 2017

Foreign Debt (USD) (USD bil)
Economy | Papua New Guinea | May 17, 2019
$2.99
Excel Sheet

Foreign debt reached 19,173 USD bil in 2016 in Papua New Guinea, according to the National Statistical Office. This is 10.4 % more than in the previous year.

Historically, foreign debt in Papua New Guinea reached an all time high of 21,610 USD bil in 2013 and an all time low of 209 USD bil in 1970. When compared to Papua New Guinea's main peers, foreign debt in Indonesia amounted to 320,966 USD bil and 73,014 USD bil in Philippines in 2016.

Papua New Guinea has been ranked 40th within the group of 111 countries we follow in terms of foreign debt, 40 places above the position seen 10 years ago.

Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.

Foreign Debt (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia USD bil ... ... ... ... ... ... ... ... ...
China USD bil 1,044,355 1,138,247 1,471,616 1,770,458 1,325,868
Indonesia USD bil 219,620 252,557 265,458 292,984 306,201
Malaysia USD bil 94.5 193,880 188,795 196,587 190,951 ... ...
New Zealand USD bil ... ... ... ... ... ... ... ... ...
Papua New Guinea USD bil 12,584 14,922 21,610 20,429 20,494
Philippines USD bil 66,114 69,372 66,202 77,434 76,448
Singapore USD bil ... ... ... ... ... ... ... ... ...
Taiwan USD bil ... ... ... ... ... ... ... ... ...
Vietnam USD bil 53,886 61,577 65,448 72,423 77,806