Papua New Guinea: Net financial flows, RDB concessional (NFL, current US$)

Key figures

What the numbers say

In 2024, Papua New Guinea's net financial flows, RDB concessional (NFL, current US$) rose US$9.37 million on 2023 (from −US$16.71 million to −US$7.33 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.27 million and a typical year strayed about US$19.73 million from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$47.81 million in 2012 and the biggest yearly fall was US$61.98 million in 2021. 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 the straight-line trend is downward, about US$5.69 million a year. A straight line explains 47% of the movement over 10 observed years.

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

How it compares

In 2024, Papua New Guinea had the 67th highest value of the 85 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Papua New Guinea in the 2024 ranking

• Mozambique — 64th of 85: −US$6.35 million
• Sudan — 65th of 85: −US$6.68 million
• Egypt, Arab Rep. — 66th of 85: −US$6.69 million
• Guatemala — 68th of 85: −US$7.57 million
• Paraguay — 69th of 85: −US$7.71 million
• El Salvador — 70th of 85: −US$9.83 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.

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

All 52 values

Net financial flows, RDB concessional (NFL, current US$) in nearby economies

• Cambodia — US$233.2 million (2024)
• Indonesia — −US$32.06 million (2024)
• Lao PDR — −US$35.31 million (2024)
• Mongolia — US$67.51 million (2024)
• Myanmar — −US$43.5 million (2024)
• Philippines — −US$3.51 million (2024)
• Samoa — −US$5.78 million (2024)
• Solomon Islands — US$37.78 million (2024)
• Timor-Leste — US$725,000 (2024)

More economic policy & debt data for Papua New Guinea

• GDP (current US$) — US$32.5 billion (2025)
• GDP (current LCU) — 133.98 billion (2025)
• GDP (constant 2015 US$) — US$28.68 billion (2025)
• GDP (constant LCU) — 76.24 billion (2025)
• GDP per capita (current US$) — US$3,020 (2025)
• GDP per capita (current LCU) — 12,449 (2025)
• GDP per capita (constant 2015 US$) — US$2,665 (2025)
• GDP per capita (constant LCU) — 7,084 (2025)
• GNI (current US$) — US$30.16 billion (2025)
• GNI (current LCU) — 124.34 billion (2025)
• GNI per capita (current LCU)

Reading data like this

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Questions people ask

What is Papua New Guinea's net financial flows, RDB concessional (NFL, current US$)?

−US$7.33 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1973?

It is down 643.11% from US$1.35 million in 1973. The highest value was US$68.48 million in 2013 and the lowest −US$16.71 million in 2023.

How does Papua New Guinea rank?

67th highest of 85 economies with data for 2024.

Is the latest change in net financial flows, RDB concessional (NFL, current US$) unusual for Papua New Guinea?

In 2024, Papua New Guinea's net financial flows, RDB concessional (NFL, current US$) rose US$9.37 million on 2023 (from −US$16.71 million to −US$7.33 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.27 million and a typical year strayed about US$19.73 million from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.RDBC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), 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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