Papua New Guinea PG: External Debt: Average Grace Period on New External Debt Commitments: Official

Papua New Guinea PG: External Debt: Average Grace Period on New External Debt Commitments: Official data was reported at 9.191 Year in 2016. This records a decrease from the previous number of 10.094 Year for 2015. Papua New Guinea PG: External Debt: Average Grace Period on New External Debt Commitments: Official data is updated yearly, averaging 6.157 Year from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 10.417 Year in 1979 and a record low of 0.000 Year in 2005. Papua New Guinea PG: External Debt: Average Grace Period on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: External Debt: Terms and Undisbursed Debt. Grace period is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. To obtain the average, the grace periods for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

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