🏳️ Papua New Guinea

Public Sector Debt · 2026

Total Debt

54.5%

of GDP

Global Rank

#108

of 192

S&P Rating

B-

Credit rating

SOE Debt

+4.5%

3 categories

Where the Debt Sits

Central Government

Central Government: 50.0%Energy SOEs: 1.5%Infrastructure: 0.5%Public Corps: 2.5%

Full Debt Breakdown

Central Government50.0% of GDP

Central GovernmentIMF WEO — General Government Debt

50.0%

Energy SOEs1.5% of GDP

PNG Power LtdIMF TA 2023Partial privatization approved late 2024

1.5%

Infrastructure SOEs0.5% of GDP

Kumul TelikomBusiness Advantage PNGState telecom

0.5%

Public Corporations2.5% of GDP

Kumul Consolidated HoldingsIMF TA 2023Sovereign holding co. SOE debt ~K5.1B

1.5%

Air NiuginiBusiness Advantage PNGLoss-making national airline

1.0%

Total Corporate Debt11.8% of GDP

NF corporate debt (est.)WB WDI 2020

11.8%

Household Debt6.4% of GDP

Household debt (est.)WB WDI 2020

6.4%

All Layers Total72.7%

Credit Ratings

S&P

B-

Moody's

Data Sources

IMF WEO — General Government Debtgeneral_government · Updated semi_annual

Dec 202650.0% GDP

Ranking Neighbors

#108🏳️Papua New Guinea

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