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Current account balance — all countries

Current account balance — Papua New Guinea

Current account balance in Papua New Guinea in 2031 — 10.4%. Ranked 15 in the world out of 188. Since 1980, the indicator has risen by 16 pp.

2031 10.4% −0.1 pp vs 2030
World rank 15of 188
Period maximum 15.9%2017
Period minimum -23.9%2013

Trend over time

1980–2031 · % of GDP

Current account balance — Papua New Guinea, 1980–2031-30-20-100102019801986199219982004201020162022202820311980: -5.6%1981: -10.2%1982: -7.9%1983: -9.9%1984: -9.1%1985: -4.6%1986: -3%1987: -5.5%1988: -6.2%1989: -6.8%1990: -1.9%1991: -2.7%1992: 0%1993: 7.1%1994: 6%1995: 12.8%1996: 2.6%1997: -6.3%1998: -5.6%1999: -2.3%2000: 4.4%2001: 4.9%2002: 1.4%2003: 1.5%2004: -0.3%2005: 8.5%2006: -1.2%2007: 2.5%2008: 5.4%2009: -11%2010: -9.9%2011: -9.6%2012: -20%2013: -23.9%2014: 12.4%2015: 11.1%2016: 13.6%2017: 15.9%2018: 13.6%2019: 14.4%2020: 14.4%2021: 12.6%2022: 14.4%2023: 9.1%2024: 15.6%2025: 14.7%2026: 13.7%2027: 11.6%2028: 11.4%2029: 10.7%2030: 10.5%2031: 10.4%
Change over the period: +16 pp Annual average: 0.31 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 10.4%
World computed 0.28%
East Asia & Pacific computed 3.13%
Melanesia computed 6.64%
Lower-middle-income countries computed -1.75%
Current account balance — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year % Change, pp
2031 10.4 −0.1 pp
2030 10.5 −0.2 pp
2029 10.7 −0.7 pp
2028 11.4 −0.2 pp
2027 11.6 −2.1 pp
2026 13.7 −1 pp
2025 14.7 −0.9 pp
2024 15.6 +6.5 pp
2023 9.1 −5.3 pp
2022 14.4 +1.8 pp
2021 12.6 −1.8 pp
2020 14.4 +0 pp
2019 14.4 +0.8 pp
2018 13.6 −2.3 pp
2017 15.9 +2.3 pp
2016 13.6 +2.5 pp
2015 11.1 −1.3 pp
2014 12.4 +36.3 pp
2013 -23.9 −3.9 pp
2012 -20 −10.4 pp
2011 -9.6 +0.3 pp
2010 -9.9 +1.1 pp
2009 -11 −16.4 pp
2008 5.4 +2.9 pp
2007 2.5 +3.7 pp
2006 -1.2 −9.7 pp
2005 8.5 +8.8 pp
2004 -0.3 −1.8 pp
2003 1.5 +0.1 pp
2002 1.4 −3.5 pp
2001 4.9 +0.5 pp
2000 4.4 +6.7 pp
1999 -2.3 +3.3 pp
1998 -5.6 +0.7 pp
1997 -6.3 −8.9 pp
1996 2.6 −10.2 pp
1995 12.8 +6.8 pp
1994 6 −1.1 pp
1993 7.1 +7.1 pp
1992 0 +2.7 pp
1991 -2.7 −0.8 pp
1990 -1.9 +4.9 pp
1989 -6.8 −0.6 pp
1988 -6.2 −0.7 pp
1987 -5.5 −2.5 pp
1986 -3 +1.6 pp
1985 -4.6 +4.5 pp
1984 -9.1 +0.8 pp
1983 -9.9 −2 pp
1982 -7.9 +2.3 pp
1981 -10.2 −4.6 pp
1980 -5.6 —

Melanesia, 2031

The same indicator for neighboring countries — with links to their pages

PG Papua New Guinea 10.4 VU Vanuatu -4.7 SB Solomon Islands -4.8 FJ Fiji -6.6
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Papua New Guinea

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Papua New Guinea by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Papua New Guinea by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

Papua New Guinea by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Papua New Guinea by year
All indicators for Papua New Guinea