Grants, excluding technical cooperation in Papua New Guinea
Papua New Guinea: Grants, excluding technical cooperation was 551.09 million BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Papua New Guinea, 1960–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
Papua New Guinea recorded 551.09 million BoP, current US$ for grants, excluding technical cooperation in 2023.
That represents a change of up 24.3% on the previous year and up 67.3% over ten years.
Over the whole period, grants, excluding technical cooperation in Papua New Guinea peaked at 587.36 million BoP, current US$ in 2021 and was at its lowest, 0 BoP, current US$, in 1960.
That places Papua New Guinea 51st out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 0 BoP, current US$ | — |
| 1961 | 0 BoP, current US$ | — |
| 1963 | 0 BoP, current US$ | — |
| 1965 | 82.51 million BoP, current US$ | — |
| 1966 | 85.56 million BoP, current US$ | +3.7% |
| 1967 | 98.23 million BoP, current US$ | +14.8% |
| 1968 | 110.22 million BoP, current US$ | +12.2% |
| 1969 | 118.20 million BoP, current US$ | +7.2% |
| 1970 | 144.00 million BoP, current US$ | +21.8% |
| 1971 | 126.32 million BoP, current US$ | -12.3% |
| 1972 | 178.57 million BoP, current US$ | +41.4% |
| 1973 | 102.02 million BoP, current US$ | -42.9% |
| 1974 | 149.60 million BoP, current US$ | +46.6% |
| 1975 | 229.57 million BoP, current US$ | +53.5% |
| 1976 | 193.02 million BoP, current US$ | -15.9% |
| 1977 | 242.87 million BoP, current US$ | +25.8% |
| 1978 | 266.33 million BoP, current US$ | +9.7% |
| 1979 | 263.37 million BoP, current US$ | -1.1% |
| 1980 | 278.77 million BoP, current US$ | +5.8% |
| 1981 | 293.33 million BoP, current US$ | +5.2% |
| 1982 | 266.66 million BoP, current US$ | -9.1% |
| 1983 | 267.04 million BoP, current US$ | +0.1% |
| 1984 | 275.71 million BoP, current US$ | +3.2% |
| 1985 | 225.92 million BoP, current US$ | -18.1% |
| 1986 | 231.61 million BoP, current US$ | +2.5% |
| 1987 | 270.54 million BoP, current US$ | +16.8% |
| 1988 | 306.28 million BoP, current US$ | +13.2% |
| 1989 | 265.43 million BoP, current US$ | -13.3% |
| 1990 | 301.35 million BoP, current US$ | +13.5% |
| 1991 | 270.37 million BoP, current US$ | -10.3% |
| 1992 | 306.81 million BoP, current US$ | +13.5% |
| 1993 | 217.40 million BoP, current US$ | -29.1% |
| 1994 | 233.46 million BoP, current US$ | +7.4% |
| 1995 | 269.61 million BoP, current US$ | +15.5% |
| 1996 | 195.78 million BoP, current US$ | -27.4% |
| 1997 | 186.94 million BoP, current US$ | -4.5% |
| 1998 | 208.35 million BoP, current US$ | +11.5% |
| 1999 | 95.16 million BoP, current US$ | -54.3% |
| 2000 | 97.63 million BoP, current US$ | +2.6% |
| 2001 | 70.18 million BoP, current US$ | -28.1% |
| 2002 | 97.78 million BoP, current US$ | +39.3% |
| 2003 | 105.40 million BoP, current US$ | +7.8% |
| 2004 | 109.36 million BoP, current US$ | +3.8% |
| 2005 | 138.13 million BoP, current US$ | +26.3% |
| 2006 | 119.84 million BoP, current US$ | -13.2% |
| 2007 | 175.81 million BoP, current US$ | +46.7% |
| 2008 | 209.78 million BoP, current US$ | +19.3% |
| 2009 | 173.22 million BoP, current US$ | -17.4% |
| 2010 | 215.46 million BoP, current US$ | +24.4% |
| 2011 | 328.90 million BoP, current US$ | +52.7% |
| 2012 | 270.46 million BoP, current US$ | -17.8% |
| 2013 | 329.31 million BoP, current US$ | +21.8% |
| 2014 | 292.69 million BoP, current US$ | -11.1% |
| 2015 | 317.94 million BoP, current US$ | +8.6% |
| 2016 | 210.71 million BoP, current US$ | -33.7% |
| 2017 | 224.13 million BoP, current US$ | +6.4% |
| 2018 | 273.66 million BoP, current US$ | +22.1% |
| 2019 | 288.84 million BoP, current US$ | +5.5% |
| 2020 | 254.27 million BoP, current US$ | -12.0% |
| 2021 | 587.36 million BoP, current US$ | +131.0% |
| 2022 | 443.30 million BoP, current US$ | -24.5% |
| 2023 | 551.09 million BoP, current US$ | +24.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 551.09 million BoP, current US$ is above the median for lower middle income countries, which is 437.72 million BoP, current US$, 1.3× the median. (47 countries reporting)
- Papua New Guinea's 551.09 million BoP, current US$ is above the median for East Asia & Pacific, which is 121.26 million BoP, current US$, 4.5× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 61.84 million BoP, current US$ | 0 BoP, current US$ | 118.20 million BoP, current US$ | 8 |
| 1970s | 189.57 million BoP, current US$ | 102.02 million BoP, current US$ | 266.33 million BoP, current US$ | 10 |
| 1980s | 268.13 million BoP, current US$ | 225.92 million BoP, current US$ | 306.28 million BoP, current US$ | 10 |
| 1990s | 228.52 million BoP, current US$ | 95.16 million BoP, current US$ | 306.81 million BoP, current US$ | 10 |
| 2000s | 129.71 million BoP, current US$ | 70.18 million BoP, current US$ | 209.78 million BoP, current US$ | 10 |
| 2010s | 275.21 million BoP, current US$ | 210.71 million BoP, current US$ | 329.31 million BoP, current US$ | 10 |
| 2020s | 459.00 million BoP, current US$ | 254.27 million BoP, current US$ | 587.36 million BoP, current US$ | 4 |
Countries ranked near Papua New Guinea
- 48 Benin 570.54 million BoP, current US$ compare
- 49 Morocco 559.94 million BoP, current US$ compare
- 50 Philippines 552.86 million BoP, current US$ compare
- 52 Burundi 550.22 million BoP, current US$ compare
- 53 Vietnam 525.67 million BoP, current US$ compare
- 54 Nepal 488.98 million BoP, current US$ compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is grants, excluding technical cooperation in Papua New Guinea?
- Grants, excluding technical cooperation in Papua New Guinea was 551.09 million BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Papua New Guinea?
- The highest recorded value was 587.36 million BoP, current US$ in 2021.
- What is the lowest grants, excluding technical cooperation recorded in Papua New Guinea?
- The lowest recorded value was 0 BoP, current US$ in 1960.
- How does Papua New Guinea rank for grants, excluding technical cooperation?
- Papua New Guinea ranks 51st out of 181 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Papua New Guinea?
- Over the last ten years it is up 67.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.