Net errors and omissions (BoP, current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Net errors and omissions (BoP, current US$), annual growth rate was -116.89 % change on previous year in 2024. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net errors and omissions (bop, current us$), annual growth rate in Papua New Guinea stood at -116.89 % change on previous year.
The figure is down 47.2% on the previous year and down 136.3% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Papua New Guinea peaked at 735.29 % change on previous year in 2002 and was at its lowest, -767.85 % change on previous year, in 1979.
Papua New Guinea ranks 161st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 124.74 % change on previous year | — |
| 1978 | -46.23 % change on previous year | -137.1% |
| 1979 | -767.85 % change on previous year | +1560.9% |
| 1980 | 435.15 % change on previous year | -156.7% |
| 1981 | -95.74 % change on previous year | -122.0% |
| 1983 | 218.1 % change on previous year | -327.8% |
| 1984 | -2.18 % change on previous year | -101.0% |
| 1985 | -117.26 % change on previous year | +5289.7% |
| 1986 | -137.91 % change on previous year | +17.6% |
| 1987 | 123.63 % change on previous year | -189.6% |
| 1988 | -242.11 % change on previous year | -295.8% |
| 1989 | -0.2822 % change on previous year | -99.9% |
| 1990 | -434.75 % change on previous year | +153982.9% |
| 1991 | 106.9 % change on previous year | -124.6% |
| 1992 | -472.4 % change on previous year | -541.9% |
| 1993 | -87.4 % change on previous year | -81.5% |
| 1994 | 120.47 % change on previous year | -237.8% |
| 1996 | 43.13 % change on previous year | -64.2% |
| 1997 | 126.58 % change on previous year | +193.5% |
| 1998 | -254.67 % change on previous year | -301.2% |
| 1999 | 24.42 % change on previous year | -109.6% |
| 2000 | 236.21 % change on previous year | +867.5% |
| 2001 | -26.36 % change on previous year | -111.2% |
| 2002 | 735.29 % change on previous year | -2889.4% |
| 2003 | -343.96 % change on previous year | -146.8% |
| 2004 | -11.05 % change on previous year | -96.8% |
| 2005 | 4.06 % change on previous year | -136.7% |
| 2006 | -557.2 % change on previous year | -13830.9% |
| 2007 | 11.42 % change on previous year | -102.1% |
| 2008 | 131.28 % change on previous year | +1049.2% |
| 2009 | -433.24 % change on previous year | -430.0% |
| 2010 | 27.64 % change on previous year | -106.4% |
| 2011 | -19.95 % change on previous year | -172.2% |
| 2012 | 173.03 % change on previous year | -967.5% |
| 2013 | 84.54 % change on previous year | -51.1% |
| 2014 | -49.46 % change on previous year | -158.5% |
| 2015 | -85.03 % change on previous year | +71.9% |
| 2016 | -498.95 % change on previous year | +486.8% |
| 2017 | 209.48 % change on previous year | -142.0% |
| 2018 | 63.43 % change on previous year | -69.7% |
| 2019 | -7.38 % change on previous year | -111.6% |
| 2020 | -302.93 % change on previous year | +4003.7% |
| 2021 | 133.11 % change on previous year | -143.9% |
| 2022 | 100.33 % change on previous year | -24.6% |
| 2023 | -79.38 % change on previous year | -179.1% |
| 2024 | -116.89 % change on previous year | +47.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -116.89 % change on previous year is below the median for lower middle income countries, which is 9.65 % change on previous year. (47 countries reporting)
- Papua New Guinea's -116.89 % change on previous year is below the median for East Asia & Pacific, which is 18.89 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$), annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | -153982.9% | -0.2822 % change on previous year | -434.75 % change on previous year |
| 2006 | -13830.9% | 4.06 % change on previous year | -557.2 % change on previous year |
| 1985 | -5289.7% | -2.18 % change on previous year | -117.26 % change on previous year |
| 2020 | -4003.7% | -7.38 % change on previous year | -302.93 % change on previous year |
| 2002 | +2889.4% | -26.36 % change on previous year | 735.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -229.78 % change on previous year | -767.85 % change on previous year | 124.74 % change on previous year | 3 |
| 1980s | 20.15 % change on previous year | -242.11 % change on previous year | 435.15 % change on previous year | 9 |
| 1990s | -91.97 % change on previous year | -472.4 % change on previous year | 126.58 % change on previous year | 9 |
| 2000s | -25.36 % change on previous year | -557.2 % change on previous year | 735.29 % change on previous year | 10 |
| 2010s | -10.26 % change on previous year | -498.95 % change on previous year | 209.48 % change on previous year | 10 |
| 2020s | -53.15 % change on previous year | -302.93 % change on previous year | 133.11 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 158 Niger -109.29 % change on previous year compare
- 159 Iceland -115.04 % change on previous year compare
- 160 Czechia -116.85 % change on previous year compare
- 162 Chad -123.3 % change on previous year compare
- 163 Finland -126.74 % change on previous year compare
- 164 Singapore -137.79 % change on previous year 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Papua New Guinea?
- Net errors and omissions (bop, current us$), annual growth rate in Papua New Guinea was -116.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 735.29 % change on previous year in 2002.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -767.85 % change on previous year in 1979.
- How does Papua New Guinea rank for net errors and omissions (bop, current us$), annual growth rate?
- Papua New Guinea ranks 161st out of 197 countries with data for 2024.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 136.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.