Net financial account (BoP, current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Net financial account (BoP, current US$), annual growth rate was 58.11 % change on previous year in 2024. ◆ Volatile
Net financial account (BoP, current US$), annual growth rate in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net financial account (bop, current us$), annual growth rate in Papua New Guinea is 58.11 % change on previous year, measured in 2024.
Compared with earlier readings it is up 226.7% on the previous year and down 79.0% over ten years.
Over the whole period, net financial account (bop, current us$), annual growth rate in Papua New Guinea peaked at 927.04 % change on previous year in 1977 and was at its lowest, -338.98 % change on previous year, in 1980.
Papua New Guinea ranks 48th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account (BoP, current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 927.04 % change on previous year | — |
| 1978 | -121.82 % change on previous year | -113.1% |
| 1979 | 368.52 % change on previous year | -402.5% |
| 1980 | -338.98 % change on previous year | -192.0% |
| 1981 | -176.43 % change on previous year | -48.0% |
| 1982 | -6.83 % change on previous year | -96.1% |
| 1983 | 49.67 % change on previous year | -827.2% |
| 1984 | 17.88 % change on previous year | -64.0% |
| 1985 | 36.13 % change on previous year | +102.1% |
| 1986 | 3.79 % change on previous year | -89.5% |
| 1987 | -46.32 % change on previous year | -1323.2% |
| 1988 | -61.36 % change on previous year | +32.5% |
| 1989 | -5.33 % change on previous year | -91.3% |
| 1990 | 58.8 % change on previous year | -1203.9% |
| 1991 | -10.39 % change on previous year | -117.7% |
| 1992 | 154.55 % change on previous year | -1587.5% |
| 1993 | 670.27 % change on previous year | +333.7% |
| 1994 | -7.04 % change on previous year | -101.1% |
| 1995 | 8.18 % change on previous year | -216.1% |
| 1996 | -54.38 % change on previous year | -764.9% |
| 1997 | -132.13 % change on previous year | +143.0% |
| 1998 | 138.48 % change on previous year | -204.8% |
| 1999 | 215.89 % change on previous year | +55.9% |
| 2000 | 227.98 % change on previous year | +5.6% |
| 2001 | -18.68 % change on previous year | -108.2% |
| 2002 | -82.33 % change on previous year | +340.7% |
| 2003 | -189.16 % change on previous year | +129.8% |
| 2004 | 54.14 % change on previous year | -128.6% |
| 2006 | -273.73 % change on previous year | -605.6% |
| 2007 | -13.79 % change on previous year | -95.0% |
| 2008 | 223.99 % change on previous year | -1724.8% |
| 2009 | -251.3 % change on previous year | -212.2% |
| 2010 | 16.62 % change on previous year | -106.6% |
| 2011 | 17.61 % change on previous year | +6.0% |
| 2012 | -23.05 % change on previous year | -230.9% |
| 2013 | -33.06 % change on previous year | +43.4% |
| 2014 | 276.36 % change on previous year | -936.1% |
| 2015 | -28.17 % change on previous year | -110.2% |
| 2016 | -5.6 % change on previous year | -80.1% |
| 2017 | 70.68 % change on previous year | -1361.6% |
| 2018 | -0.773 % change on previous year | -101.1% |
| 2019 | 5.26 % change on previous year | -780.7% |
| 2020 | -53.82 % change on previous year | -1122.8% |
| 2021 | 90.72 % change on previous year | -268.6% |
| 2022 | 46.9 % change on previous year | -48.3% |
| 2023 | -45.88 % change on previous year | -197.8% |
| 2024 | 58.11 % change on previous year | -226.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 58.11 % change on previous year is above the median for lower middle income countries, which is 7.15 % change on previous year, 8.1× the median. (47 countries reporting)
- Papua New Guinea's 58.11 % change on previous year is above the median for East Asia & Pacific, which is 58.11 % change on previous year, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net financial account (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 |
|---|---|---|---|
| 2008 | +1724.8% | -13.79 % change on previous year | 223.99 % change on previous year |
| 1992 | +1587.5% | -10.39 % change on previous year | 154.55 % change on previous year |
| 2017 | +1361.6% | -5.6 % change on previous year | 70.68 % change on previous year |
| 1987 | -1323.2% | 3.79 % change on previous year | -46.32 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 391.25 % change on previous year | -121.82 % change on previous year | 927.04 % change on previous year | 3 |
| 1980s | -52.78 % change on previous year | -338.98 % change on previous year | 49.67 % change on previous year | 10 |
| 1990s | 104.22 % change on previous year | -132.13 % change on previous year | 670.27 % change on previous year | 10 |
| 2000s | -35.88 % change on previous year | -273.73 % change on previous year | 227.98 % change on previous year | 9 |
| 2010s | 29.59 % change on previous year | -33.06 % change on previous year | 276.36 % change on previous year | 10 |
| 2020s | 19.21 % change on previous year | -53.82 % change on previous year | 90.72 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 45 Niger 58.77 % change on previous year compare
- 46 Dominican Republic 58.61 % change on previous year compare
- 47 Turkey 58.33 % change on previous year compare
- 49 Switzerland 57.87 % change on previous year compare
- 50 Oman 55.85 % change on previous year compare
- 51 Jordan 53.89 % 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is net financial account (bop, current us$), annual growth rate in Papua New Guinea?
- Net financial account (bop, current us$), annual growth rate in Papua New Guinea was 58.11 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net financial account (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 927.04 % change on previous year in 1977.
- What is the lowest net financial account (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -338.98 % change on previous year in 1980.
- How does Papua New Guinea rank for net financial account (bop, current us$), annual growth rate?
- Papua New Guinea ranks 48th out of 198 countries with data for 2024.
- Is net financial account (bop, current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 79.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net financial account (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net financial account (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net financial account Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net financial account (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.