Foreign liabilities in Papua New Guinea
Papua New Guinea: Foreign liabilities was 22.71 billion current US$ in 2020. ◆ Volatile
Foreign liabilities in Papua New Guinea, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, foreign liabilities in Papua New Guinea stood at 22.71 billion current US$.
That represents a change of up 0.3% on the previous year and up 66.1% over ten years.
Over the whole period, foreign liabilities in Papua New Guinea peaked at 28.71 billion current US$ in 2014 and was at its lowest, 3.22 billion current US$, in 2001.
Papua New Guinea ranks 108th of 151 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 3.59 billion current US$ | — |
| 1996 | 3.75 billion current US$ | +4.4% |
| 1997 | 3.71 billion current US$ | -1.1% |
| 1998 | 3.85 billion current US$ | +3.9% |
| 1999 | 3.74 billion current US$ | -2.9% |
| 2000 | 3.45 billion current US$ | -7.8% |
| 2001 | 3.22 billion current US$ | -6.6% |
| 2002 | 3.27 billion current US$ | +1.4% |
| 2003 | 3.65 billion current US$ | +11.8% |
| 2004 | 3.75 billion current US$ | +2.8% |
| 2005 | 4.17 billion current US$ | +11.0% |
| 2006 | 5.72 billion current US$ | +37.1% |
| 2007 | 7.94 billion current US$ | +38.9% |
| 2008 | 7.49 billion current US$ | -5.7% |
| 2009 | 11.64 billion current US$ | +55.5% |
| 2010 | 13.67 billion current US$ | +17.4% |
| 2011 | 21.55 billion current US$ | +57.6% |
| 2012 | 22.73 billion current US$ | +5.5% |
| 2013 | 27.26 billion current US$ | +19.9% |
| 2014 | 28.71 billion current US$ | +5.3% |
| 2015 | 26.96 billion current US$ | -6.1% |
| 2016 | 24.98 billion current US$ | -7.4% |
| 2017 | 24.51 billion current US$ | -1.9% |
| 2018 | 23.98 billion current US$ | -2.1% |
| 2019 | 22.65 billion current US$ | -5.5% |
| 2020 | 22.71 billion current US$ | +0.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 22.71 billion current US$ is below the median for lower middle income countries, which is 24.57 billion current US$, 92% of the median. (39 countries reporting)
- Papua New Guinea's 22.71 billion current US$ is below the median for East Asia & Pacific, which is 407.23 billion current US$, 6% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.73 billion current US$ | 3.59 billion current US$ | 3.85 billion current US$ | 5 |
| 2000s | 5.43 billion current US$ | 3.22 billion current US$ | 11.64 billion current US$ | 10 |
| 2010s | 23.70 billion current US$ | 13.67 billion current US$ | 28.71 billion current US$ | 10 |
| 2020s | 22.71 billion current US$ | 22.71 billion current US$ | 22.71 billion current US$ | 1 |
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 foreign liabilities in Papua New Guinea?
- Foreign liabilities in Papua New Guinea was 22.71 billion current US$ in 2020, according to the World Bank.
- What is the highest foreign liabilities recorded in Papua New Guinea?
- The highest recorded value was 28.71 billion current US$ in 2014.
- What is the lowest foreign liabilities recorded in Papua New Guinea?
- The lowest recorded value was 3.22 billion current US$ in 2001.
- How does Papua New Guinea rank for foreign liabilities?
- Papua New Guinea ranks 108th out of 151 countries with data for 2020.
- Is foreign liabilities rising or falling in Papua New Guinea?
- Over the last ten years it is up 66.1%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from the World Bank, published as part of Foreign liabilities (current US$). Statizoid updates them automatically from the source API.
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