The national debt in Papua New Guinea was forecast to increase between 2024 and 2029 by in total 1.5 billion U.S. dollars (+9.39 percent). This overall increase does not happen continuously, notably not in 2027 and 2029. The national debt is estimated to amount to 17.45 billion U.S. dollars in 2029. Notably, the national debt was continuously increasing over the past years. As defined by the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.
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IMF. (October 22, 2024). Papua New Guinea: National debt from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/
IMF. "Papua New Guinea: National debt from 2019 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/
IMF. (2024). Papua New Guinea: National debt from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/
IMF. "Papua New Guinea: National Debt from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/
IMF, Papua New Guinea: National debt from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/ (last visited December 30, 2024)
Papua New Guinea: National debt from 2019 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/531859/national-debt-of-papua-new-guinea/
