Low & middle income: PNG, bonds (NFL, current US$)

Key figures

What the numbers say

In 2024, Low & middle income's PNG, bonds (NFL, current US$) rose US$46.57 billion on 2023 (from −US$48.35 billion to −US$1.78 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$2.2 billion and a typical year strayed about US$33.61 billion from that (the standard deviation). This year's change was 1.5 standard deviations above 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$69.02 billion in 2017 and the biggest yearly fall was US$99.98 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 13% 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 36 values

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

• Lebanon — −US$300 million (2023)

More economic policy & debt data for Low & middle income

• Charges for the use of intellectual property, payments (BoP, current US$) — US$117.53 billion (2025)
• Portfolio equity, net inflows (BoP, current US$) — US$9.26 billion (2025)
• Exports of goods and services (current US$) — US$10.48 trillion (2025)
• Exports of goods and services (% of GDP) — 25.26% (2025)
• Imports of goods and services (current US$) — US$10.1 trillion (2025)
• Imports of goods and services (% of GDP) — 24.34% (2025)
• External balance on goods and services (% of GDP) — 0.92% (2025)
• Trade (% of GDP) — 48.51% (2025)

Reading data like this

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Questions people ask

What is Low & middle income's PNG, bonds (NFL, current US$)?

−US$1.78 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1989?

It is down 3,864% from US$47.32 million in 1989. The highest value was US$100.79 billion in 2020 and the lowest −US$55.04 billion in 2022.

Is the latest change in PNG, bonds (NFL, current US$) unusual for Low & middle income?

In 2024, Low & middle income's PNG, bonds (NFL, current US$) rose US$46.57 billion on 2023 (from −US$48.35 billion to −US$1.78 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$2.2 billion and a typical year strayed about US$33.61 billion from that (the standard deviation). This year's change was 1.5 standard deviations above 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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