03_Official bilateral loans, total in Papua New Guinea

Papua New Guinea: 03_Official bilateral loans, total was 497.00 million in 2023. ◆ Volatile

Latest (2023)
497.00 million
Change on year
down 66.5%
World rank
60th
of 160 countries
All-time high
1.48 billion
in 2022
All-time low
112.00 million
in 2015
Years of data
28
1996–2023

03_Official bilateral loans, total in Papua New Guinea, 1996–2023

0500.0M1.0B1.5B1996200920231996: 469.0M1997: 439.0M1998: 348.0M1999: 474.0M2000: 451.0M2001: 393.0M2002: 444.0M2003: 484.0M2004: 504.0M2005: 439.0M2006: 411.0M2007: 398.0M2008: 367.0M2009: 325.0M2010: 325.0M2011: 305.0M2012: 219.0M2013: 164.0M2014: 129.0M2015: 112.0M2016: 126.0M2017: 137.0M2018: 148.0M2019: 173.0M2020: 272.0M2021: 440.0M2022: 1.5B2023: 497.0M

Source: OECD.

Analysis

In 2023, 03_official bilateral loans, total in Papua New Guinea stood at 497.00 million.

The figure is down 66.5% on the previous year and up 203.0% over ten years.

Over the whole period, 03_official bilateral loans, total in Papua New Guinea peaked at 1.48 billion in 2022 and was at its lowest, 112.00 million, in 2015.

Papua New Guinea ranks 60th of 160 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 432.50 million 348.00 million 474.00 million 4
2000s 421.60 million 325.00 million 504.00 million 10
2010s 183.80 million 112.00 million 325.00 million 10
2020s 673.25 million 272.00 million 1.48 billion 4

Countries ranked near Papua New Guinea

  1. 57 Gabon 580.00 million compare
  2. 58 Panama 567.00 million compare
  3. 59 Sudan 515.00 million compare
  4. 61 Nepal 492.00 million compare
  5. 62 Nicaragua 481.00 million compare
  6. 63 Guatemala 463.00 million compare

See the full ranking of 162 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is 03_official bilateral loans, total in Papua New Guinea?
03_official bilateral loans, total in Papua New Guinea was 497.00 million in 2023, according to OECD.
What is the highest 03_official bilateral loans, total recorded in Papua New Guinea?
The highest recorded value was 1.48 billion in 2022.
What is the lowest 03_official bilateral loans, total recorded in Papua New Guinea?
The lowest recorded value was 112.00 million in 2015.
How does Papua New Guinea rank for 03_official bilateral loans, total?
Papua New Guinea ranks 60th out of 160 countries with data for 2023.
Is 03_official bilateral loans, total rising or falling in Papua New Guinea?
Over the last ten years it is up 203.0%. The long-run trend across the full record is volatile.
Where does this Papua New Guinea data come from?
The figures come from OECD, published as part of 03_Official bilateral loans, total. Statizoid updates them automatically from the source API.

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About this data

Indicator
03_Official bilateral loans, total
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,734 data points, 1996–2023
Last refreshed

The data show the outstanding debt on loans, other than direct export credits, extended by governments which are members of the OECD’s Development Assistance Committee (DAC). In addition to straightforward loans, official bilateral loans include loans repayable in kind, and eligible loans in Associated Financing packages.