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 9.9 percentage points. According to this forecast in 2029, the ratio will have decreased for the sixth consecutive year to 42.21 percent. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final 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. (April 22, 2024). Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved October 10, 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. April 22, 2024. Statista. Accessed October 10, 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: October 10, 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 Apr 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 October 10, 2024)
Papua New Guinea: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/731732/national-debt-of-papua-new-guinea-in-relation-to-gross-domestic-product-gdp/
