IDA only: PNG, bonds (NFL, current US$)

Key figures

What the numbers say

In 2023, IDA only's PNG, bonds (NFL, current US$) fell US$607.03 million on 2022 (from US$687.62 million to US$80.59 million).

Across the 12 yearly changes before that (2004 to 2022), the average change was +US$91.3 million and a typical year strayed about US$633.25 million from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$1.1 billion in 2020 and the biggest yearly fall was US$1.09 billion in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

What this measures

Nonguaranteed long-term debt from bonds that are privately placed. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 17 values

PNG, bonds (NFL, current US$) in nearby economies

• Lebanon — −US$300 million (2023)

More economic policy & debt data for IDA only

• GDP (current US$) — US$1.93 trillion (2025)
• GDP per capita (current US$) — US$1,484 (2025)
• GDP (constant 2015 US$) — US$1.56 trillion (2025)
• GDP per capita (constant 2015 US$) — US$1,204 (2025)
• GDP (annual % growth) — 4.87% (2025)
• GDP per capita (annual % growth) — 2.58% (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$59.95 billion (2025)
• Portfolio equity, net inflows (BoP, current US$) — −US$247.35 million (2025)
• Foreign direct investment, net outflows (BoP, current US$) — US$1.85 billion (2025)
• Personal remittances, paid (current US$)

Reading data like this

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Questions people ask

What is IDA only's PNG, bonds (NFL, current US$)?

US$80.59 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is down 67.76% from US$250 million in 1996 (4.11% a year on average, compounded). The highest value was US$1.1 billion in 2017 and the lowest −US$250 million in 2003.

Is the latest change in PNG, bonds (NFL, current US$) unusual for IDA only?

In 2023, IDA only's PNG, bonds (NFL, current US$) fell US$607.03 million on 2022 (from US$687.62 million to US$80.59 million). Across the 12 yearly changes before that (2004 to 2022), the average change was +US$91.3 million and a typical year strayed about US$633.25 million from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator DT.NFL.PNGB.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics, note: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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