Net lending (+) / net borrowing (-) in Papua New Guinea
Papua New Guinea: Net lending (+) / net borrowing (-) was -3.93 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Papua New Guinea recorded -3.93 billion current LCU for net lending (+) / net borrowing (-) in 2024.
The figure is up 18.2% on the previous year and down 9.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Papua New Guinea peaked at 38.85 million current LCU in 1996 and was at its lowest, -7.30 billion current LCU, in 2020.
Papua New Guinea ranks 67th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -66.85 million current LCU | — |
| 1991 | -60.38 million current LCU | -9.7% |
| 1992 | -231.05 million current LCU | +282.7% |
| 1993 | -278.06 million current LCU | +20.3% |
| 1994 | -137.56 million current LCU | -50.5% |
| 1995 | -28.98 million current LCU | -78.9% |
| 1996 | 38.85 million current LCU | -234.1% |
| 1997 | 20.30 million current LCU | -47.7% |
| 1998 | -136.05 million current LCU | -770.2% |
| 1999 | -241.73 million current LCU | +77.7% |
| 2000 | -183.31 million current LCU | -24.2% |
| 2001 | -132.51 million current LCU | -27.7% |
| 2002 | -263.81 million current LCU | +99.1% |
| 2014 | -3.58 billion current LCU | +1256.7% |
| 2015 | -3.07 billion current LCU | -14.2% |
| 2016 | -3.08 billion current LCU | +0.4% |
| 2017 | -1.79 billion current LCU | -41.8% |
| 2018 | -2.05 billion current LCU | +14.1% |
| 2019 | -4.17 billion current LCU | +103.7% |
| 2020 | -7.30 billion current LCU | +75.1% |
| 2021 | -6.27 billion current LCU | -14.2% |
| 2022 | -5.85 billion current LCU | -6.7% |
| 2023 | -4.80 billion current LCU | -17.9% |
| 2024 | -3.93 billion current LCU | -18.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -3.93 billion current LCU is above the median for lower middle income countries, which is -13.47 billion current LCU, 29% of the median. (36 countries reporting)
- Papua New Guinea's -3.93 billion current LCU is below the median for East Asia & Pacific, which is -24.64 million current LCU, 159.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -1256.7% | -263.81 million current LCU | -3.58 billion current LCU |
| 1998 | -770.2% | 20.30 million current LCU | -136.05 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -112.15 million current LCU | -278.06 million current LCU | 38.85 million current LCU | 10 |
| 2000s | -193.21 million current LCU | -263.81 million current LCU | -132.51 million current LCU | 3 |
| 2010s | -2.96 billion current LCU | -4.17 billion current LCU | -1.79 billion current LCU | 6 |
| 2020s | -5.63 billion current LCU | -7.30 billion current LCU | -3.93 billion current LCU | 5 |
Countries ranked near Papua New Guinea
More public sector data for Papua New Guinea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Papua New Guinea?
- Net lending (+) / net borrowing (-) in Papua New Guinea was -3.93 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Papua New Guinea?
- The highest recorded value was 38.85 million current LCU in 1996.
- What is the lowest net lending (+) / net borrowing (-) recorded in Papua New Guinea?
- The lowest recorded value was -7.30 billion current LCU in 2020.
- How does Papua New Guinea rank for net lending (+) / net borrowing (-)?
- Papua New Guinea ranks 67th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Papua New Guinea?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.