Or 91 passenger planes enough for a global fleet.
DebtClock.io
National Debt of Papua New Guinea
49,305,153,904 K
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
42.21%
Latest year: 2024
Debt (nominal)
49,305,153,904 K
PGK / USD toggle below
GDP (nominal)
116,800,876,279 K
Latest year: 2024
Population
8,947,027
Latest year: 2024
Interest per Year
1,479,154,617 K
≈ 47 K / second
Debt per Citizen
5,511 K
Based on latest pop
Inflation (CPI, %)
0.60%
Year: 2024
GDP growth (%, real)
4.10%
Year: 2024
Unemployment (%)
2.74%
Year: 2024
Budget balance (% GDP)
-4.34%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Papua New Guinea Economy Snapshot
The economy of Papua New Guinea shows steady performance, with a nominal GDP of 116.8 billion K and average income of about 13,055 K per person. Low inflation at 0.60%, while the economy posted solid growth of 4.10%. Very low unemployment around 2.74%, and the government runs a substantial 4.34% fiscal deficit.
| GDP (nominal) | 116,800,876,279 K |
|---|---|
| GDP per capita | 13,055 K |
| Inflation | 0.60% |
| GDP growth | 4.10% |
| Unemployment | 2.74% |
| Budget balance | -4.34% |
Papua New Guinea Economy Facts
Stacked $100 bills would reach 15 km high - halfway to the Moon.
Equivalent to 205 Falcon 9 rocket launches if you prefer space exploration.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Chile | 41.52% | $ 330.3B |
 Equatorial Guinea | 41.67% | $ 12.8B |
| Papua New Guinea | 42.21% | $ 32.5B |
 Mozambique | 42.45% | $ 22.4B |
 Seychelles | 42.48% | $ 2.2B |