Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments

1970 - 2016 | Yearly | % | World Bank

Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments data was reported at 42.200 % in 2016. This records a decrease from the previous number of 73.602 % for 2015. Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments data is updated yearly, averaging 31.274 % from Dec 1970 to 2016, with 47 observations. The data reached an all-time high of 78.651 % in 2007 and a record low of -14.571 % in 1982. Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: External Debt: Terms and Undisbursed Debt. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. To obtain the average, the grant elements for all public and publicly guaranteed loans have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Commitments cover the total amount of loans for which contracts were signed in the year specified. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Data for private nonguaranteed debt are not available.; ; World Bank, International Debt Statistics.; Weighted average;

View Papua New Guinea's Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments from 1970 to 2016 in the chart:

Papua New Guinea Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments

What was Papua New Guinea's Papua New Guinea PG: External Debt: Average Grant Element on New External Debt Commitments in 2016?

Last Previous Min Max Unit Frequency Range
42.20 2016 73.60 2015 -14.57 1982 78.65 2007 % yearly 1970 - 2016

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Papua New Guinea Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,093.340 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 4,034.120 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.024 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (PGK bn) 29.769 2028 yearly 1983 - 2028
Forecast: Government Net Debt (PGK bn) 64.857 2028 yearly 1994 - 2028
Forecast: Government Revenue (PGK bn) 29.730 2028 yearly 1983 - 2028
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.500 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 3.421 2028 yearly 1980 - 2028
Monetary Last Frequency Range
Gold Reserves (Metric Ton) 1,100.000 2022 yearly 2008 - 2022

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