Australia vs Papua New Guinea

Australia vs Papua New Guinea: Government debt

Government debt in 2025: 51.9% of GDP in Australia and 51.6% of GDP in Papua New Guinea, by IMF estimates. In 2025 the value was higher in Australia, by 0.3 percentage points, or 1.01 times that in Papua New Guinea.

% of GDP · IMF

Australia vs Papua New Guinea: Government debtGovernment debt in 2025: 51.9% of GDP in Australia and 51.6% of GDP in Papua New Guinea, by IMF estimates. In 2025 the value was higher in Australia, by 0.3 percentage points, or 1.01 times that in Papua New Guinea.
AustraliaPapua New GuineaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Australia has been higher since 2025, when it overtook Papua New Guinea.
  • In 2025, Australia ranked 79 and Papua New Guinea ranked 80 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Australia at 54.3% of GDP and Papua New Guinea at 31.9% of GDP in 2031.

Every year

% of GDP · IMF

YearAustraliaPapua New Guinea
202551.951.6
202450.953.3
202349.454.8
20225049.2
202155.453.8
202056.948.7
201946.538.2
201841.636.7
20174132.5
201640.533.7
201537.629.9
201433.926.9
201330.324.9
201227.419.1
20112416.3
201020.317.3
200916.621.7
200811.721.6
20079.622.2
20069.926
200510.831.6
200411.937.2
200313.240.4
20021548.4
200117.147.7
200019.542.3
199922.541.8
199823.745.7
199725.943.9
199629.337.8
199531.136.6
199431.740.1
199330.6–
199227.6–
199121.6–
199016.4–
198917–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAustraliaPapua New Guinea
202652.646.8
202753.242
202853.739.1
202954.136.6
203054.334.2
203154.331.9

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Australia vs Papua New Guinea

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