Papua New Guinea - Use of IMF credit

Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Papua New Guinea was 559,823,700.00 as of 2020. Over the past 46 years, the value for this indicator has fluctuated between 559,823,700.00 in 2020 and 0.00 in 1974.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1974 0.00
1975 0.00
1976 28,768,000.00
1977 30,008,000.00
1978 30,038,830.00
1979 23,868,350.00
1980 30,930,960.00
1981 75,149,600.00
1982 71,160,290.00
1983 67,562,640.00
1984 33,934,000.00
1985 28,917,360.00
1986 15,089,400.00
1987 11,976,330.00
1988 6,120,244.00
1989 3,039,652.00
1990 61,047,760.00
1991 61,272,470.00
1992 58,898,120.00
1993 44,126,990.00
1994 15,633,530.00
1995 49,559,580.00
1996 50,817,510.00
1997 47,682,490.00
1998 45,549,770.00
1999 34,285,300.00
2000 51,054,530.00
2001 119,188,300.00
2002 128,936,900.00
2003 135,357,000.00
2004 78,708,100.00
2005 13,292,210.00
2006 13,990,920.00
2007 14,696,330.00
2008 14,324,510.00
2009 196,736,200.00
2010 193,265,000.00
2011 192,667,700.00
2012 192,874,700.00
2013 193,261,200.00
2014 181,816,300.00
2015 173,900,900.00
2016 168,705,600.00
2017 178,720,300.00
2018 174,536,000.00
2019 173,536,300.00
2020 559,823,700.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt