Azerbaijan vs Papua New Guinea: Current account balance
Current account balance over time
- Azerbaijan
- Papua New Guinea
How they compare
Papua New Guinea currently reports 4.77 billion BoP, current US$ against 3.48 billion BoP, current US$ in Azerbaijan, a difference of 1.29 billion BoP, current US$.
That makes Papua New Guinea's figure about 1.4 times Azerbaijan's.
The two have swapped places 6 times across 30 shared years of data; in 1995 it was Papua New Guinea ahead.
Azerbaijan ranks 35th and Papua New Guinea ranks 32nd of 199 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 3 and Papua New Guinea in 1.
Head to head by decade
| Decade | Azerbaijan | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -842.36 million BoP, current US$ | 211.06 million BoP, current US$ | 1.05 billion BoP, current US$ | Papua New Guinea |
| 2000s | 3.39 billion BoP, current US$ | 241.69 million BoP, current US$ | 3.15 billion BoP, current US$ | Azerbaijan |
| 2010s | 7.99 billion BoP, current US$ | 1.20 billion BoP, current US$ | 6.79 billion BoP, current US$ | Azerbaijan |
| 2020s | 8.87 billion BoP, current US$ | 3.77 billion BoP, current US$ | 5.11 billion BoP, current US$ | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Azerbaijan or Papua New Guinea?
- Papua New Guinea, at 4.77 billion BoP, current US$ against 3.48 billion BoP, current US$ in Azerbaijan as of 2024.
- What is the difference in current account balance between Azerbaijan and Papua New Guinea?
- 1.29 billion BoP, current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Azerbaijan and Papua New Guinea?
- 30 years are reported by both, from 1995 to 2024.
- How do Azerbaijan and Papua New Guinea rank globally for current account balance?
- Azerbaijan ranks 35th and Papua New Guinea ranks 32nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.