Remittances received — all countries

Remittances received — Papua New Guinea

Remittances received in Papua New Guinea in 2024 — 3,866,122 US$. Ranked 159 in the world out of 160. Since 1976, the indicator has fallen by 72.3%.

2024 3.87M US$ −71.37% vs 2023
World rank 159of 160
Period maximum 29.35M US$2019
Period minimum 2.3M US$2020

Trend over time

1976–2024 · US$

Remittances received — Papua New Guinea, 1976–2024010M20M30M197619811986199119962001200620112016202120241976: 13,977,521 US$1977: 8,717,079 US$1978: 9,158,178 US$1979: 9,130,308 US$1980: 5,445,909 US$1981: 4,737,267 US$1982: 6,099,514 US$1983: 4,313,143 US$1984: 5,354,969 US$1985: 5,607,313 US$1986: 7,007,307 US$1987: 13,434,067 US$1988: 10,012,715 US$1989: 7,227,382 US$1990: 5,436,426 US$1991: 21,015,236 US$1992: 20,734,444 US$1993: 20,446,674 US$1994: 19,904,488 US$1995: 15,668,253 US$1996: 15,166,876 US$1997: 13,949,214 US$1998: 9,713,941 US$1999: 7,844,246 US$2000: 7,226,507 US$2001: 5,924,501 US$2002: 5,622,274 US$2003: 6,931,479 US$2004: 9,526,646 US$2005: 6,846,523 US$2006: 4,412,111 US$2007: 7,622,440 US$2008: 7,350,469 US$2009: 4,734,583 US$2010: 3,501,731 US$2011: 12,299,746 US$2012: 14,254,412 US$2013: 14,280,890 US$2014: 10,474,115 US$2015: 3,944,548 US$2016: 2,694,280 US$2017: 4,262,317 US$2018: 3,646,879 US$2019: 29,347,870 US$2020: 2,297,151 US$2021: 3,103,856 US$2022: 14,620,340 US$2023: 13,505,730 US$2024: 3,866,122 US$
Change over the period: −10.11M (−72.34%) Average annual rate: -2.64 %

Comparison, 2024

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

Papua New Guinea 3.87M US$
World 857B US$
Melanesia computed 523M US$
Lower-middle-income countries computed 416B US$
Remittances received — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year US$ Change Change, %
2024 3.87M −9.64M −71.37%
2023 13.51M −1.11M −7.62%
2022 14.62M +11.52M +371.04%
2021 3.1M +806,705 +35.12%
2020 2.3M −27.05M −92.17%
2019 29.35M +25.7M +704.74%
2018 3.65M −615,438 −14.44%
2017 4.26M +1.57M +58.2%
2016 2.69M −1.25M −31.7%
2015 3.94M −6.53M −62.34%
2014 10.47M −3.81M −26.66%
2013 14.28M +26,478 +0.19%
2012 14.25M +1.95M +15.89%
2011 12.3M +8.8M +251.25%
2010 3.5M −1.23M −26.04%
2009 4.73M −2.62M −35.59%
2008 7.35M −271,971 −3.57%
2007 7.62M +3.21M +72.76%
2006 4.41M −2.43M −35.56%
2005 6.85M −2.68M −28.13%
2004 9.53M +2.6M +37.44%
2003 6.93M +1.31M +23.29%
2002 5.62M −302,227 −5.1%
2001 5.92M −1.3M −18.02%
2000 7.23M −617,739 −7.88%
1999 7.84M −1.87M −19.25%
1998 9.71M −4.24M −30.36%
1997 13.95M −1.22M −8.03%
1996 15.17M −501,377 −3.2%
1995 15.67M −4.24M −21.28%
1994 19.9M −542,187 −2.65%
1993 20.45M −287,769 −1.39%
1992 20.73M −280,792 −1.34%
1991 21.02M +15.58M +286.56%
1990 5.44M −1.79M −24.78%
1989 7.23M −2.79M −27.82%
1988 10.01M −3.42M −25.47%
1987 13.43M +6.43M +91.72%
1986 7.01M +1.4M +24.97%
1985 5.61M +252,344 +4.71%
1984 5.35M +1.04M +24.15%
1983 4.31M −1.79M −29.29%
1982 6.1M +1.36M +28.76%
1981 4.74M −708,642 −13.01%
1980 5.45M −3.68M −40.35%
1979 9.13M −27,870 −0.3%
1978 9.16M +441,099 +5.06%
1977 8.72M −5.26M −37.64%
1976 13.98M

Melanesia, 2024

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

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.