Total debt service in Papua New Guinea

Papua New Guinea: Total debt service was 19.6% in 2023. ▲ Rising

Latest (2023)
19.6%
Change on year
up 31.4%
World rank
6th
of 119 countries
All-time high
19.6%
in 2023
All-time low
2.4%
in 2012
Years of data
54
1970–2023

Total debt service in Papua New Guinea, 1970–2023

05101520197019962023

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

The most recent figure for total debt service in Papua New Guinea is 19.6%, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 31.4% on the previous year and up 203.6% over ten years.

Over the whole period, total debt service in Papua New Guinea peaked at 19.6% in 2023 and was at its lowest, 2.4%, in 2012.

That places Papua New Guinea 6th out of 119 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 54 years of available data.

Total debt service in Papua New Guinea, year by year

Annual values for Total debt service (% of GNI) in Papua New Guinea, 1970 to 2023.
Year % of GNI Change
1970 4.8%
1971 8.9% +84.5%
1972 12.9% +45.4%
1973 10.2% -21.0%
1974 8.6% -15.8%
1975 7.9% -7.9%
1976 7.3% -8.0%
1977 6.9% -5.0%
1978 7.2% +4.0%
1979 4.7% -34.7%
1980 6.0% +28.3%
1981 7.6% +26.9%
1982 10.3% +35.3%
1983 11.9% +14.6%
1984 16.7% +40.8%
1985 14.6% -12.7%
1986 12.5% -14.1%
1987 11.9% -5.2%
1988 14.2% +19.6%
1989 15.1% +6.6%
1990 17.9% +18.2%
1991 13.8% -22.9%
1992 16.7% +20.9%
1993 18.8% +12.7%
1994 17.6% -6.2%
1995 14.3% -18.6%
1996 10.4% -27.3%
1997 11.5% +10.6%
1998 8.8% -23.3%
1999 6.7% -24.8%
2000 9.2% +38.8%
2001 9.5% +2.9%
2002 10.0% +4.9%
2003 6.1% -38.6%
2004 7.1% +15.7%
2005 6.8% -3.9%
2006 4.3% -36.3%
2007 11.4% +163.6%
2008 8.8% -22.7%
2009 5.0% -42.9%
2010 6.2% +22.1%
2011 7.3% +18.2%
2012 2.4% -67.1%
2013 6.5% +170.2%
2014 5.1% -20.8%
2015 5.4% +5.6%
2016 16.7% +209.7%
2017 12.9% -23.2%
2018 12.2% -5.1%
2019 10.3% -15.8%
2020 11.7% +14.2%
2021 16.5% +41.0%
2022 14.9% -9.6%
2023 19.6% +31.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.9% 4.7% 12.9% 10
1980s 12.1% 6.0% 16.7% 10
1990s 13.6% 6.7% 18.8% 10
2000s 7.8% 4.3% 11.4% 10
2010s 8.5% 2.4% 16.7% 10
2020s 15.7% 11.7% 19.6% 4

Countries ranked near Papua New Guinea

  1. 3 Mozambique 22.7% compare
  2. 4 Lebanon 21.8% compare
  3. 5 Suriname 20.6% compare
  4. 7 Kazakhstan 19.0% compare
  5. 8 Angola 16.3% compare
  6. 9 Nicaragua 13.8% compare

See the full ranking of 119 places →

More population data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is total debt service in Papua New Guinea?
Total debt service in Papua New Guinea was 19.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Papua New Guinea?
The highest recorded value was 19.6% in 2023.
What is the lowest total debt service recorded in Papua New Guinea?
The lowest recorded value was 2.4% in 2012.
How does Papua New Guinea rank for total debt service?
Papua New Guinea ranks 6th out of 119 countries with data for 2023.
Is total debt service rising or falling in Papua New Guinea?
Over the last ten years it is up 203.6%. The long-run trend across the full record is rising.
Where does this Papua New Guinea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Papua New Guinea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/papua-new-guinea/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release