🇵🇬 Papua New Guinea Net lending / net borrowing
Papua New Guinea Net lending / net borrowing was -4,804,653,382 in 2023, up 17.9% from 2022, according to World Bank data. The 10-year average is -4,197,773,735. Historical data available from 1990 to 2023 (23 data points). The all-time high was $38.85M in 1996.
Source: World Bank World Development Indicators • 1990–2023 • 23 data points • Public Sector
Latest Value
-4,804,653,382
2023
Year-on-Year
+17.9%
vs 2022
10-Year Average
-4,197,773,735
2014–2023
Range
High: $38.85M (1996)
Low: -7,304,434,982 (2020)
Papua New Guinea Net lending (+) / net borrowing (-) (current LCU) — 1990 to 2023
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About this Indicator
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.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | -4,804,653,382 |
| 2022 | -5,851,822,646 |
| 2021 | -6,270,293,182 |
| 2020 | -7,304,434,982 |
| 2019 | -4,172,025,790 |
| 2018 | -2,048,370,058 |
| 2017 | -1,794,645,726 |
| 2016 | -3,082,049,771 |
| 2015 | -3,070,341,811 |
| 2014 | -3,579,100,000 |
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<iframe src="https://nationstat.com/country/papua-new-guinea/net-lending-net-borrowing-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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