Papua New Guinea Government Debt To GDP

Papua New Guinea recorded a Government Debt to GDP of 72.90 percent of the country's Gross Domestic Product in 2010. Government Debt To GDP in Papua New Guinea is reported by the Bank of Papua New Guinea. Historically, from 2003 until 2010, Papua New Guinea Government Debt To GDP averaged 45.9 Percent reaching an all time high of 72.9 Percent in December of 2010 and a record low of 24.8 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Government Debt To GDP in Papua New Guinea.