Papua New Guinea
Government debt in Papua New Guinea
Government debt in Papua New Guinea: 40.1% of GDP in 1994 and 51.6% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 51.6% of GDP
- Since 1994
- +11.5 percentage points
- Rank, 2025
- 80 of 149
- counting from the highest
- Projected, 2031
- 31.9% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 31.9% of GDP in 2031.
- The highest was 54.8% of GDP in 2023, the lowest 16.3% of GDP in 2011.
Every year
% of GDP · IMF
| Year | Papua New Guinea |
|---|---|
| 2025 | 51.6 |
| 2024 | 53.3 |
| 2023 | 54.8 |
| 2022 | 49.2 |
| 2021 | 53.8 |
| 2020 | 48.7 |
| 2019 | 38.2 |
| 2018 | 36.7 |
| 2017 | 32.5 |
| 2016 | 33.7 |
| 2015 | 29.9 |
| 2014 | 26.9 |
| 2013 | 24.9 |
| 2012 | 19.1 |
| 2011 | 16.3 |
| 2010 | 17.3 |
| 2009 | 21.7 |
| 2008 | 21.6 |
| 2007 | 22.2 |
| 2006 | 26 |
| 2005 | 31.6 |
| 2004 | 37.2 |
| 2003 | 40.4 |
| 2002 | 48.4 |
| 2001 | 47.7 |
| 2000 | 42.3 |
| 1999 | 41.8 |
| 1998 | 45.7 |
| 1997 | 43.9 |
| 1996 | 37.8 |
| 1995 | 36.6 |
| 1994 | 40.1 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Papua New Guinea |
|---|---|
| 2026 | 46.8 |
| 2027 | 42 |
| 2028 | 39.1 |
| 2029 | 36.6 |
| 2030 | 34.2 |
| 2031 | 31.9 |
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
Papua New Guinea in numbers
Every measure for Papua New Guinea on one page
Health
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Military
- Military spending0.35% of GDP in 2025
- Military spending in US dollars$110M in 2025
- Military spending per person$10 in 2025
- Military share of state spending1.6% of government spending in 2025
- Armed forces personnel4,000 people in 2020
- National power0.03% of world capability in 2022
- Armed forces, share of workers0.12% of the labour force in 2020
- Arms imports9 million TIV in 2023