Papua New Guinea recorded a Government Debt to GDP of 51.10 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Papua New Guinea averaged 35.67 percent of GDP from 1994 until 2024, reaching an all time high of 52.18 percent of GDP in 2021 and a record low of 16.30 percent of GDP in 2011. source: Department of Treasury, Papua New Guinea
Government Debt to GDP in Papua New Guinea is expected to reach 50.50 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Government Debt to GDP is projected to trend around 50.90 percent of GDP in 2027 and 52.00 percent of GDP in 2028, according to our econometric models.