The central government owes about 0.5 years' worth of the country's entire economic output.
Government debt in Papua New Guinea over time
32 official observations, 1994 → 2025. Every point is a published value — never interpolated.
Rank
#58 of 124
lower is better
Ranked behind
53 %
66 of 124 countries
Latest move
▼ 1.20 pp
since 2024
Below its peak
1.80 pp
peak 53.90 % in 2023
Full series
▲ 12.00 pp
since 1994
vs median 54.55 %: −2.45 pp (better)
Among 124 countries
Half of all 124 countries sit between 36.00 % and 80.30 %. Papua New Guinea is ahead of 53 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.
General government gross debt as a share of GDP (IMF World Economic Outlook, annual).
How to read this figure
Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.