Net primary income (BoP, current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Net primary income (BoP, current US$), annual growth rate was 17.3 % change on previous year in 2024. ◆ Volatile
Net primary income (BoP, current US$), annual growth rate in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net primary income (bop, current us$), annual growth rate in Papua New Guinea is 17.3 % change on previous year, measured in 2024.
The figure is up 174.5% on the previous year and down 52.2% over ten years.
Over the whole period, net primary income (bop, current us$), annual growth rate in Papua New Guinea peaked at 57.07 % change on previous year in 2020 and was at its lowest, -257.41 % change on previous year, in 2015.
Papua New Guinea ranks 51st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 7.92 % change on previous year | — |
| 1978 | -27.65 % change on previous year | -448.9% |
| 1979 | -67.02 % change on previous year | +142.4% |
| 1980 | -64.81 % change on previous year | -3.3% |
| 1981 | 9.74 % change on previous year | -115.0% |
| 1982 | 25.01 % change on previous year | +156.8% |
| 1983 | -0.6003 % change on previous year | -102.4% |
| 1984 | -21.77 % change on previous year | +3526.5% |
| 1985 | 28.48 % change on previous year | -230.8% |
| 1986 | -27.71 % change on previous year | -197.3% |
| 1987 | -18.99 % change on previous year | -31.5% |
| 1988 | -28.58 % change on previous year | +50.5% |
| 1989 | 14.18 % change on previous year | -149.6% |
| 1990 | 42.05 % change on previous year | +196.7% |
| 1991 | -106.53 % change on previous year | -353.3% |
| 1992 | -71.47 % change on previous year | -32.9% |
| 1993 | -0.8719 % change on previous year | -98.8% |
| 1994 | -8.72 % change on previous year | +899.8% |
| 1995 | -21.73 % change on previous year | +149.3% |
| 1996 | 12.1 % change on previous year | -155.7% |
| 1997 | 27.83 % change on previous year | +130.0% |
| 1998 | 16.43 % change on previous year | -41.0% |
| 1999 | -5.3 % change on previous year | -132.3% |
| 2000 | 22.92 % change on previous year | -532.3% |
| 2001 | -9.61 % change on previous year | -141.9% |
| 2002 | 10.94 % change on previous year | -213.8% |
| 2003 | -131.64 % change on previous year | -1303.5% |
| 2004 | 8.34 % change on previous year | -106.3% |
| 2005 | -23.6 % change on previous year | -383.0% |
| 2006 | -49.59 % change on previous year | +110.1% |
| 2007 | 10.23 % change on previous year | -120.6% |
| 2008 | 11.07 % change on previous year | +8.2% |
| 2009 | 1.94 % change on previous year | -82.4% |
| 2010 | 5.05 % change on previous year | +159.9% |
| 2011 | 8.3 % change on previous year | +64.3% |
| 2012 | -33 % change on previous year | -497.4% |
| 2013 | 13.76 % change on previous year | -141.7% |
| 2014 | 36.23 % change on previous year | +163.4% |
| 2015 | -257.41 % change on previous year | -810.4% |
| 2016 | 34.41 % change on previous year | -113.4% |
| 2017 | -14.61 % change on previous year | -142.5% |
| 2018 | -22.83 % change on previous year | +56.3% |
| 2019 | -31.01 % change on previous year | +35.8% |
| 2020 | 57.07 % change on previous year | -284.0% |
| 2021 | -113.44 % change on previous year | -298.8% |
| 2022 | -17.15 % change on previous year | -84.9% |
| 2023 | -23.23 % change on previous year | +35.5% |
| 2024 | 17.3 % change on previous year | -174.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 17.3 % change on previous year is above the median for lower middle income countries, which is -7.93 % change on previous year. (47 countries reporting)
- Papua New Guinea's 17.3 % change on previous year is above the median for East Asia & Pacific, which is -0.1462 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$), annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | -3526.5% | -0.6003 % change on previous year | -21.77 % change on previous year |
| 2003 | -1303.5% | 10.94 % change on previous year | -131.64 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -28.91 % change on previous year | -67.02 % change on previous year | 7.92 % change on previous year | 3 |
| 1980s | -8.51 % change on previous year | -64.81 % change on previous year | 28.48 % change on previous year | 10 |
| 1990s | -11.62 % change on previous year | -106.53 % change on previous year | 42.05 % change on previous year | 10 |
| 2000s | -14.9 % change on previous year | -131.64 % change on previous year | 22.92 % change on previous year | 10 |
| 2010s | -26.11 % change on previous year | -257.41 % change on previous year | 36.23 % change on previous year | 10 |
| 2020s | -15.89 % change on previous year | -113.44 % change on previous year | 57.07 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 48 Palestine 18.5 % change on previous year compare
- 49 Cayman Islands 18.32 % change on previous year compare
- 50 Algeria 17.98 % change on previous year compare
- 52 Guatemala 16.38 % change on previous year compare
- 53 Tuvalu 14.03 % change on previous year compare
- 54 Cape Verde 13.46 % change on previous year compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is net primary income (bop, current us$), annual growth rate in Papua New Guinea?
- Net primary income (bop, current us$), annual growth rate in Papua New Guinea was 17.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net primary income (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 57.07 % change on previous year in 2020.
- What is the lowest net primary income (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -257.41 % change on previous year in 2015.
- How does Papua New Guinea rank for net primary income (bop, current us$), annual growth rate?
- Papua New Guinea ranks 51st out of 199 countries with data for 2024.
- Is net primary income (bop, current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 52.2%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net primary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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 primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.