Papua New Guinea - Central government debt
Central government debt, total (current LCU)
The value for Central government debt, total (current LCU) in Papua New Guinea was 17,966,880,000 as of 2015. As the graph below shows, over the past 25 years this indicator reached a maximum value of 17,966,880,000 in 2015 and a minimum value of 1,505,900,000 in 1990.
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1990 | 1,505,900,000 |
| 1991 | 1,680,600,000 |
| 1992 | 1,894,620,000 |
| 1993 | 2,157,400,000 |
| 1994 | 2,961,200,000 |
| 1995 | 3,324,200,000 |
| 1996 | 3,780,800,000 |
| 1997 | 4,418,000,000 |
| 1998 | 5,177,700,000 |
| 1999 | 5,609,200,000 |
| 2000 | 5,621,600,000 |
| 2001 | 7,097,300,000 |
| 2002 | 8,127,900,000 |
| 2014 | 15,365,100,000 |
| 2015 | 17,966,880,000 |
Central government debt, total (% of GDP)
Central government debt, total (% of GDP) in Papua New Guinea was 29.88 as of 2015. Its highest value over the past 25 years was 69.73 in 2002, while its lowest value was 26.89 in 2014.
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1990 | 48.95 |
| 1991 | 46.61 |
| 1992 | 44.86 |
| 1993 | 44.33 |
| 1994 | 53.55 |
| 1995 | 53.66 |
| 1996 | 55.64 |
| 1997 | 62.40 |
| 1998 | 66.35 |
| 1999 | 63.54 |
| 2000 | 57.74 |
| 2001 | 68.27 |
| 2002 | 69.73 |
| 2014 | 26.89 |
| 2015 | 29.88 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
