Hungary vs Papua New Guinea: Current account balance
Current account balance over time
- Hungary
- Papua New Guinea
How they compare
Papua New Guinea currently reports 4.77 billion BoP, current US$ against 4.08 billion BoP, current US$ in Hungary, a difference of 688.32 million BoP, current US$.
That makes Papua New Guinea's figure about 1.2 times Hungary's.
The two have swapped places 8 times across 43 shared years of data; in 1982 it was Papua New Guinea ahead.
Hungary ranks 34th and Papua New Guinea ranks 32nd of 199 countries.
Across the 5 decades both report, Hungary averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | Hungary | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -541.13 million BoP, current US$ | -262.31 million BoP, current US$ | 278.82 million BoP, current US$ | Papua New Guinea |
| 1990s | -2.07 billion BoP, current US$ | 213.83 million BoP, current US$ | 2.29 billion BoP, current US$ | Papua New Guinea |
| 2000s | -7.12 billion BoP, current US$ | 241.69 million BoP, current US$ | 7.36 billion BoP, current US$ | Papua New Guinea |
| 2010s | 1.72 billion BoP, current US$ | 1.20 billion BoP, current US$ | 524.74 million BoP, current US$ | Hungary |
| 2020s | -4.19 billion BoP, current US$ | 3.77 billion BoP, current US$ | 7.96 billion BoP, current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Hungary or Papua New Guinea?
- Papua New Guinea, at 4.77 billion BoP, current US$ against 4.08 billion BoP, current US$ in Hungary as of 2024.
- What is the difference in current account balance between Hungary and Papua New Guinea?
- 688.32 million BoP, current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Hungary and Papua New Guinea?
- 43 years are reported by both, from 1982 to 2024.
- How do Hungary and Papua New Guinea rank globally for current account balance?
- Hungary ranks 34th and Papua New Guinea ranks 32nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.