Japan vs Papua New Guinea

Japan vs Papua New Guinea: Government debt

Government debt: 213.6% of GDP in Japan in 2024 and 51.6% of GDP in Papua New Guinea in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 160.3 percentage points, or 4 times that in Papua New Guinea.

% of GDP · IMF

Japan vs Papua New Guinea: Government debtGovernment debt: 213.6% of GDP in Japan in 2024 and 51.6% of GDP in Papua New Guinea in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 160.3 percentage points, or 4 times that in Papua New Guinea.
JapanPapua New GuineaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Japan has been higher in every year both have figures for since 1994.
  • The IMF projection (World Economic Outlook, October 2026) puts Japan at 188.9% of GDP and Papua New Guinea at 31.9% of GDP in 2031.

Every year

% of GDP · IMF

YearJapanPapua New Guinea
2025204.851.6
2024213.653.3
2023220.154.8
202222849.2
2021222.653.8
2020228.848.7
2019206.338.2
2018203.736.7
2017203.132.5
2016202.133.7
2015200.129.9
2014203.626.9
2013201.224.9
2012197.119.1
2011190.616.3
2010178.617.3
2009172.921.7
2008153.621.6
2007150.422.2
2006152.126
2005153.431.6
2004148.837.2
2003140.240.4
2002134.648.4
2001126.847.7
2000118.542.3
1999113.541.8
1998101.645.7
199791.343.9
199685.337.8
199580.736.6
199473.340.1
199363.2–
199257.9–
199154.1–
199054.8–
198956.9–
198862.4–
198765.8–
198664.2–
198559.2–
198456.9–
198355.1–
198250.1–
198145.8–
198041.4–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearJapanPapua New Guinea
2026199.446.8
2027196.442
2028193.839.1
2029191.536.6
2030190.134.2
2031188.931.9

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

Japan vs Papua New Guinea

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