The ratio of national debt to gross domestic product (GDP) in Papua New Guinea was forecast to continuously decrease between 2024 and 2029 by in total 10.8 percentage points. According to this forecast, in 2029, the ratio will have decreased for the sixth consecutive year to 40.8 percent. 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Kiribati, New Zealand, and Marshall Islands.
Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/
IMF. "Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/
IMF. "Papua New Guinea: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/
IMF, Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/ (last visited December 30, 2024)
Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/