Papua New Guinea vs Portugal: Current account balance
Current account balance over time
- Papua New Guinea
- Portugal
How they compare
Portugal currently reports 6.51 billion BoP, current US$ against 4.77 billion BoP, current US$ in Papua New Guinea, a difference of 1.74 billion BoP, current US$.
That makes Portugal's figure about 1.4 times Papua New Guinea's.
The two have swapped places 9 times across 49 shared years of data; in 1976 it was Papua New Guinea ahead.
Papua New Guinea ranks 32nd and Portugal ranks 30th of 200 countries.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 59.97 million BoP, current US$ | -688.76 million BoP, current US$ | 748.73 million BoP, current US$ | Papua New Guinea |
| 1980s | -287.15 million BoP, current US$ | -1.02 billion BoP, current US$ | 732.42 million BoP, current US$ | Papua New Guinea |
| 1990s | 213.83 million BoP, current US$ | -3.44 billion BoP, current US$ | 3.65 billion BoP, current US$ | Papua New Guinea |
| 2000s | 241.69 million BoP, current US$ | -18.29 billion BoP, current US$ | 18.53 billion BoP, current US$ | Papua New Guinea |
| 2010s | 1.20 billion BoP, current US$ | -2.76 billion BoP, current US$ | 3.95 billion BoP, current US$ | Papua New Guinea |
| 2020s | 3.77 billion BoP, current US$ | -79.22 million BoP, current US$ | 3.85 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, Papua New Guinea or Portugal?
- Portugal, at 6.51 billion BoP, current US$ against 4.77 billion BoP, current US$ in Papua New Guinea as of 2024.
- What is the difference in current account balance between Papua New Guinea and Portugal?
- 1.74 billion BoP, current US$, with Portugal ahead.
- How many years of comparable data are there for Papua New Guinea and Portugal?
- 49 years are reported by both, from 1976 to 2024.
- How do Papua New Guinea and Portugal rank globally for current account balance?
- Papua New Guinea ranks 32nd and Portugal ranks 30th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.