03_Official bilateral loans, total in Papua New Guinea
Papua New Guinea: 03_Official bilateral loans, total was 497.00 million in 2023. ◆ Volatile
03_Official bilateral loans, total in Papua New Guinea, 1996–2023
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 162 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.
03_Official bilateral loans, total in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 469.00 million | — |
| 1997 | 439.00 million | -6.4% |
| 1998 | 348.00 million | -20.7% |
| 1999 | 474.00 million | +36.2% |
| 2000 | 451.00 million | -4.9% |
| 2001 | 393.00 million | -12.9% |
| 2002 | 444.00 million | +13.0% |
| 2003 | 484.00 million | +9.0% |
| 2004 | 504.00 million | +4.1% |
| 2005 | 439.00 million | -12.9% |
| 2006 | 411.00 million | -6.4% |
| 2007 | 398.00 million | -3.2% |
| 2008 | 367.00 million | -7.8% |
| 2009 | 325.00 million | -11.4% |
| 2010 | 325.00 million | +0.0% |
| 2011 | 305.00 million | -6.2% |
| 2012 | 219.00 million | -28.2% |
| 2013 | 164.00 million | -25.1% |
| 2014 | 129.00 million | -21.3% |
| 2015 | 112.00 million | -13.2% |
| 2016 | 126.00 million | +12.5% |
| 2017 | 137.00 million | +8.7% |
| 2018 | 148.00 million | +8.0% |
| 2019 | 173.00 million | +16.9% |
| 2020 | 272.00 million | +57.2% |
| 2021 | 440.00 million | +61.8% |
| 2022 | 1.48 billion | +237.3% |
| 2023 | 497.00 million | -66.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 497.00 million is above the median for lower middle income countries, which is 462.00 million, 1.1× the median. (45 countries reporting)
- Papua New Guinea's 497.00 million is below the median for East Asia & Pacific, which is 644.00 million, 77% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where 03_Official bilateral loans, total in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +237.3% | 440.00 million | 1.48 billion |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
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 162 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
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.