Public Debt in Papua New Guinea
Public debt averaged 37.4% of GDP in the decade to 2022 for Papua New Guinea. Public debt in 2022 was 48.8% of GDP. For more public debt information, visit our dedicated page.
Papua New Guinea Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Papua New Guinea from 2013 to 2022.
Source: Macrobond.
Papua New Guinea Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 40.6 | 48.7 | 52.6 | 48.3 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Papua New Guinean public debt projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Papua New Guinean public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Papua New Guinean public debt projections.
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