Outstanding International Public Debt Securities to GDP for Papua New Guinea
DDDM06PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.12
Year-over-Year Change
133.25%
Date Range
1/1/1980 - 1/1/2020
Summary
The Outstanding International Public Debt Securities to GDP for Papua New Guinea measures the country's international public debt as a percentage of its total economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into Papua New Guinea's ability to service its external debt obligations and the overall health of its public finances. Economists and policymakers use this data to assess the country's fiscal sustainability and creditworthiness.
Methodology
The data is collected and calculated by the World Bank based on national accounts and government debt records.
Historical Context
This indicator is closely monitored by international institutions and investors when evaluating Papua New Guinea's economic and financial stability.
Key Facts
- Papua New Guinea's public debt was 31.9% of GDP in 2020.
- The country's debt levels have risen in recent years due to increased infrastructure spending.
- High public debt can constrain a country's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Papua New Guinea's outstanding international public debt securities as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the country's ability to service its external debt obligations and the overall health of its public finances, which is closely monitored by investors and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and government debt records.
Q: How is this trend used in economic policy?
A: This indicator is used by international institutions and investors to evaluate Papua New Guinea's economic and financial stability, which informs decisions about lending, investment, and policy recommendations.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of up to two years.
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Number of Identified Exporters to Papua New Guinea from Rhode Island
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Citation
U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Papua New Guinea (DDDM06PGA156NWDB), retrieved from FRED.