Papua New Guinea recorded a Government Debt to GDP of 48.90 percent of the country's Gross Domestic Product in 2020. source: Bank of Papua New Guinea
Government Debt to GDP in Papua New Guinea averaged 33.40 percent from 1994 until 2020, reaching an all time high of 48.90 percent in 2020 and a record low of 16.30 percent in 2011. 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 - values, historical data and charts - was last updated on December of 2021.
Government Debt to GDP in Papua New Guinea is expected to reach 51.50 percent by the end of 2021, 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 52.10 percent in 2022 and 52.50 percent in 2023, according to our econometric models.