Net financial account in Papua New Guinea
Papua New Guinea: Net financial account was 4.74 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
4.74 billion BoP, current US$
Change on year
up 58.1%
World rank
28th
of 198 countries
All-time high
5.54 billion BoP, current US$
in 2022
All-time low
-2.01 billion BoP, current US$
in 2013
Years of data
49
1976–2024
Net financial account in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Papua New Guinea recorded 4.74 billion BoP, current US$ for net financial account in 2024.
The figure is up 58.1% on the previous year and up 33.8% over ten years.
Over the whole period, net financial account in Papua New Guinea peaked at 5.54 billion BoP, current US$ in 2022 and was at its lowest, -2.01 billion BoP, current US$, in 2013.
That places Papua New Guinea 28th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 12.06 million BoP, current US$ | — |
| 1977 | 123.87 million BoP, current US$ | +927.0% |
| 1978 | -27.03 million BoP, current US$ | -121.8% |
| 1979 | 72.57 million BoP, current US$ | -368.5% |
| 1980 | -173.43 million BoP, current US$ | -339.0% |
| 1981 | -479.42 million BoP, current US$ | +176.4% |
| 1982 | -512.17 million BoP, current US$ | +6.8% |
| 1983 | -257.78 million BoP, current US$ | -49.7% |
| 1984 | -211.68 million BoP, current US$ | -17.9% |
| 1985 | -135.19 million BoP, current US$ | -36.1% |
| 1986 | -130.07 million BoP, current US$ | -3.8% |
| 1987 | -190.33 million BoP, current US$ | +46.3% |
| 1988 | -307.10 million BoP, current US$ | +61.4% |
| 1989 | -323.46 million BoP, current US$ | +5.3% |
| 1990 | -133.26 million BoP, current US$ | -58.8% |
| 1991 | -147.10 million BoP, current US$ | +10.4% |
| 1992 | 80.24 million BoP, current US$ | -154.5% |
| 1993 | 618.09 million BoP, current US$ | +670.3% |
| 1994 | 574.55 million BoP, current US$ | -7.0% |
| 1995 | 621.54 million BoP, current US$ | +8.2% |
| 1996 | 283.57 million BoP, current US$ | -54.4% |
| 1997 | -91.12 million BoP, current US$ | -132.1% |
| 1998 | 35.06 million BoP, current US$ | -138.5% |
| 1999 | 110.76 million BoP, current US$ | +215.9% |
| 2000 | 363.27 million BoP, current US$ | +228.0% |
| 2001 | 295.40 million BoP, current US$ | -18.7% |
| 2002 | 52.20 million BoP, current US$ | -82.3% |
| 2003 | -46.54 million BoP, current US$ | -189.2% |
| 2004 | -21.35 million BoP, current US$ | -54.1% |
| 2005 | 481.22 million BoP, current US$ | -2354.4% |
| 2006 | -836.04 million BoP, current US$ | -273.7% |
| 2007 | -951.29 million BoP, current US$ | +13.8% |
| 2008 | 1.18 billion BoP, current US$ | -224.0% |
| 2009 | -1.78 billion BoP, current US$ | -251.3% |
| 2010 | -1.49 billion BoP, current US$ | -16.6% |
| 2011 | -1.23 billion BoP, current US$ | -17.6% |
| 2012 | -1.51 billion BoP, current US$ | +23.1% |
| 2013 | -2.01 billion BoP, current US$ | +33.1% |
| 2014 | 3.54 billion BoP, current US$ | -276.4% |
| 2015 | 2.54 billion BoP, current US$ | -28.2% |
| 2016 | 2.40 billion BoP, current US$ | -5.6% |
| 2017 | 4.10 billion BoP, current US$ | +70.7% |
| 2018 | 4.07 billion BoP, current US$ | -0.8% |
| 2019 | 4.28 billion BoP, current US$ | +5.3% |
| 2020 | 1.98 billion BoP, current US$ | -53.8% |
| 2021 | 3.77 billion BoP, current US$ | +90.7% |
| 2022 | 5.54 billion BoP, current US$ | +46.9% |
| 2023 | 3.00 billion BoP, current US$ | -45.9% |
| 2024 | 4.74 billion BoP, current US$ | +58.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.37 million BoP, current US$ | -27.03 million BoP, current US$ | 123.87 million BoP, current US$ | 4 |
| 1980s | -272.06 million BoP, current US$ | -512.17 million BoP, current US$ | -130.07 million BoP, current US$ | 10 |
| 1990s | 195.23 million BoP, current US$ | -147.10 million BoP, current US$ | 621.54 million BoP, current US$ | 10 |
| 2000s | -126.83 million BoP, current US$ | -1.78 billion BoP, current US$ | 1.18 billion BoP, current US$ | 10 |
| 2010s | 1.47 billion BoP, current US$ | -2.01 billion BoP, current US$ | 4.28 billion BoP, current US$ | 10 |
| 2020s | 3.80 billion BoP, current US$ | 1.98 billion BoP, current US$ | 5.54 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
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)
- GNI (current LCU), annual growth rate 11.67 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3.83 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 11,553 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -22.86 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -31.47 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -5.17 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0448 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 130.56 current US$ per person (2024)
Frequently asked questions
- What is net financial account in Papua New Guinea?
- Net financial account in Papua New Guinea was 4.74 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Papua New Guinea?
- The highest recorded value was 5.54 billion BoP, current US$ in 2022.
- What is the lowest net financial account recorded in Papua New Guinea?
- The lowest recorded value was -2.01 billion BoP, current US$ in 2013.
- How does Papua New Guinea rank for net financial account?
- Papua New Guinea ranks 28th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Papua New Guinea?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.