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Papua New Guinea Fiscal Balance

-3.3% GDPas of 2024

Papua New Guinea's fiscal balance stands at -3.3% GDP as of 2024. The indicator has increased from -6.3% in 2014 to -3.3% in 2024. Source: IMF WEO.

Historical trend (20142024)

Fiscal Balance — Year by Year

YearValueChange
2014-6.3% GDP
2015-4.5% GDP+1.8pp
2016-4.7% GDP-0.2pp
2017-2.5% GDP+2.2pp
2018-2.6% GDP-0.1pp
2019-5% GDP-2.4pp
2020-8.9% GDP-3.9pp
2021-6.8% GDP+2.1pp
2022-5.3% GDP+1.5pp
2023-4.3% GDP+1.0pp
2024-3.3% GDP+1.0pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Papua New Guinea

GDP Growth
3.8%
Inflation (CPI)
0.6%
Unemployment
2.6%
Debt / GDP
53.3%
Investment / GDP
%

Fiscal Balance in other countries

🇦🇺
Australia
-2.3% GDP
🇳🇿
New Zealand
-3.2% GDP
🇫🇯
Fiji
-3.4% GDP
🇸🇧
Solomon Islands
-2.1% GDP