Foreign debt fell 21.9% to USD 15,321 bil in Papua New Guinea in 2023, according to the National Statistical Office.
Historically, foreign debt in Papua New Guinea reached an all time high of USD 21,610 bil in 2013 and an all time low of USD 209 bil in 1970.
Papua New Guinea has been ranked 55th within the group of 110 countries we follow in terms of foreign debt, 17 places below the position seen 10 years ago.
| Foreign Debt (USD) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| China | USD bil | 1,710,820 | 1,961,562 | 2,114,162 | 2,326,233 | 2,724,354 | ||||||||||||||||
| Indonesia | USD bil | 353,689 | 379,852 | 402,380 | 417,061 | 417,868 | ||||||||||||||||
| Malaysia | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| New Zealand | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Papua New Guinea | USD bil | 17,224 | 17,724 | 18,745 | 18,047 | 19,710 | ||||||||||||||||
| Philippines | USD bil | 73,145 | 78,996 | 83,649 | 98,504 | 106,450 | ||||||||||||||||
| Singapore | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Vietnam | USD bil | 109,893 | 112,622 | 122,496 | 129,479 | 139,853 |
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