Papua New Guinea - Net Incurrence Of Liabilities, Total (% Of GDP)

Net incurrence of liabilities, total (% of GDP) in Papua New Guinea was reported at 7.8792 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Papua New Guinea - Net incurrence of liabilities, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Papua New Guinea - Net Incurrence Of Liabilities, Total (% Of GDP)
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

Papua New Guinea | World Bank Development Indicators