Papua New Guinea Government Debt to GDP  1994-2017 | Data | Chart

Papua New Guinea recorded a government debt equivalent to 35.80 percent of the country's Gross Domestic Product in 2015. Government Debt to GDP in Papua New Guinea averaged 47.83 percent from 1994 until 2015, reaching an all time high of 71.06 percent in 2001 and a record low of 23.60 percent in 2011.

Papua New Guinea Government Debt to GDP
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Papua New Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.80 38.80 71.06 23.60 percent [+]
Government Budget -4.60 -4.10 3.10 -7.80 percent of GDP [+]
Credit Rating 35.00 [+]
Military Expenditure 87.40 99.80 150.90 32.50 USD Million [+]

Papua New Guinea Government Debt to GDP Notes

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Papua New Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
35.80 38.80 71.06 23.60 1994 - 2015 percent Yearly

government debt to gdp by Country

Japan 250.40 Dec/16
Italy 132.60 Dec/16
United States 106.10 Dec/16
Spain 99.40 Dec/16
France 96.00 Dec/16
Canada 92.30 Dec/16
United Kingdom 89.30 Dec/16
Euro Area 89.20 Dec/16
India 69.50 Dec/16
Brazil 69.49 Dec/16
Germany 68.30 Dec/16
Netherlands 62.30 Dec/16
Mexico 47.90 Dec/16
China 46.20 Dec/16
Australia 41.10 Dec/16
South Korea 38.60 Dec/16
Switzerland 32.60 Dec/16
Turkey 28.30 Dec/16
Indonesia 27.90 Dec/16
Russia 17.00 Dec/16