
Gross debt in Papua New Guinea
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Papua New Guinea in the period from 1998 to 2020 was between 1.4 billion and 11.7 billion USD. The highest level of the last years at twelve billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is a debt of 1,196 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
Back to overview: Papua New Guinea
Gross debt of the last 22 years in billion USD
Year | Papua New Guinea total | Papua New Guinea per capita | EU per capita |
---|---|---|---|
1998 | 1.73 bn USD | 310 USD | 14,079 USD |
1999 | 1.45 bn USD | 254 USD | 14,032 USD |
2000 | 1.49 bn USD | 255 USD | 11,232 USD |
2001 | 1.47 bn USD | 246 USD | 11,255 USD |
2002 | 1.45 bn USD | 238 USD | 12,258 USD |
2003 | 1.43 bn USD | 230 USD | 15,286 USD |
2004 | 1.46 bn USD | 230 USD | 17,595 USD |
2005 | 1.54 bn USD | 236 USD | 18,327 USD |
2006 | 2.17 bn USD | 327 USD | 18,877 USD |
2007 | 2.11 bn USD | 311 USD | 20,898 USD |
2008 | 2.52 bn USD | 361 USD | 24,086 USD |
2009 | 2.52 bn USD | 353 USD | 25,361 USD |
2010 | 2.46 bn USD | 337 USD | 26,496 USD |
2011 | 2.93 bn USD | 392 USD | 29,231 USD |
2012 | 4.07 bn USD | 534 USD | 28,174 USD |
2013 | 5.29 bn USD | 679 USD | 29,981 USD |
2014 | 6.24 bn USD | 786 USD | 30,648 USD |
2015 | 6.50 bn USD | 749 USD | 25,918 USD |
2016 | 7.00 bn USD | 787 USD | 26,261 USD |
2017 | 7.39 bn USD | 811 USD | 27,024 USD |
2018 | 8.84 bn USD | 948 USD | 28,448 USD |
2019 | 9.91 bn USD | 1,039 USD | 27,168 USD |
2020 | 11.66 bn USD | 1,196 USD | 30,783 USD |