🇵🇬 Papua New Guinea National Debt Clock
Live tracker for Papua New Guinea government debt. The national debt currently stands at approximately $17.0 billion, falling by $4 per second in US-dollar terms while rising in PGK based on IMF fiscal deficit projections. Debt-to-GDP: 52%. Per-citizen share: $1,599.
Among the 135 governments tracked here, Papua New Guinea ranks 80th by debt-to-GDP, 106th by total debt and 106th by debt per person.
About Papua New Guinea's National Debt
Papua New Guinea is resource-rich in gas and gold but carries high debt-service costs, relying on budget-support loans from multilateral lenders to manage its finances.
Papua New Guinea's debt-to-GDP ratio of 52% is moderate: higher than 41% of the 135 governments tracked here. No ratio is safe or dangerous on its own — whether a debt is sustainable depends on the interest rate on it, how fast the economy grows, the currency it is owed in and who holds it. By total government debt, Papua New Guinea ranks 106th of the 135 governments tracked here.
Papua New Guinea's debt is rising in PGK, but the figure above is falling by roughly $4 per second because the PGK is weakening against the dollar faster than the debt is growing. Switch the counter to PGK to see the underlying trend. This is an exchange-rate effect, not repayment. Each of Papua New Guinea's 11 million residents carries an individual share of approximately $1,599. That is below the world average of roughly $14,600 in government debt per person.
Figures are computed by Global Debt Clock by linear extrapolation from each country's baseline figure, named in the source line on this page (for most countries, the IMF World Economic Outlook, October 2026). Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Papua New Guinea National Debt — Frequently Asked Questions
What is Papua New Guinea's national debt right now?
Papua New Guinea's national debt is approximately $17.0 billion as of October 27, 2026, falling by $4 per second in US-dollar terms while rising in PGK. Its debt-to-GDP ratio is 52% and each citizen's share is about $1,599.
How fast is Papua New Guinea's debt growing?
Papua New Guinea's debt is growing in PGK, but its US-dollar figure is falling by about $4 per second because the PGK is weakening against the dollar. That is a currency-translation effect, not debt repayment.
What is Papua New Guinea's debt per capita?
Each of Papua New Guinea's 11 million residents carries a notional share of approximately $1,599 of the national debt.
What is Papua New Guinea's debt-to-GDP ratio?
Papua New Guinea's debt-to-GDP ratio is 52%. That is higher than 41% of the 135 governments tracked here.
Why is Papua New Guinea's government debt at this level?
Papua New Guinea is resource-rich in gas and gold but carries high debt-service costs, relying on budget-support loans from multilateral lenders to manage its finances.
Compare Papua New Guinea vs another country
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Further reading
Other Asia-Pacific countries
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Data & Citation
Source: IMF WEO October 2026 (GGXWDG, end-2025 stock) · baseline anchored .
Methodology: debt = 17,086,494,391 + -4 × seconds_since(2026-01-01)
Machine-readable data: /api/debt?c=pg (live JSON) · /data/debt.json (full dataset)
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<p style="font-size:11px;color:#666;margin:4px 0 0;text-align:right"><a href="https://www.global-debt-clock.com/pg/" target="_blank" rel="noopener" style="color:#888;text-decoration:none">Papua New Guinea National Debt — Live Counter</a></p>