Net primary income in Papua New Guinea
Papua New Guinea: Net primary income was -1.90 billion BoP, current US$ in 2024. ◆ Volatile
Net primary income in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net primary income in Papua New Guinea is -1.90 billion BoP, current US$, measured in 2024.
The figure is up 17.3% on the previous year and down 373.0% over ten years.
Over the whole period, net primary income in Papua New Guinea peaked at -50.99 million BoP, current US$ in 1977 and was at its lowest, -2.30 billion BoP, current US$, in 2023.
Papua New Guinea ranks 132nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -55.38 million BoP, current US$ | — |
| 1977 | -50.99 million BoP, current US$ | -7.9% |
| 1978 | -65.09 million BoP, current US$ | +27.6% |
| 1979 | -108.71 million BoP, current US$ | +67.0% |
| 1980 | -179.17 million BoP, current US$ | +64.8% |
| 1981 | -161.72 million BoP, current US$ | -9.7% |
| 1982 | -121.27 million BoP, current US$ | -25.0% |
| 1983 | -122.00 million BoP, current US$ | +0.6% |
| 1984 | -148.56 million BoP, current US$ | +21.8% |
| 1985 | -106.25 million BoP, current US$ | -28.5% |
| 1986 | -135.70 million BoP, current US$ | +27.7% |
| 1987 | -161.46 million BoP, current US$ | +19.0% |
| 1988 | -207.60 million BoP, current US$ | +28.6% |
| 1989 | -178.18 million BoP, current US$ | -14.2% |
| 1990 | -103.25 million BoP, current US$ | -42.1% |
| 1991 | -213.25 million BoP, current US$ | +106.5% |
| 1992 | -365.66 million BoP, current US$ | +71.5% |
| 1993 | -368.85 million BoP, current US$ | +0.9% |
| 1994 | -401.00 million BoP, current US$ | +8.7% |
| 1995 | -488.13 million BoP, current US$ | +21.7% |
| 1996 | -429.08 million BoP, current US$ | -12.1% |
| 1997 | -309.67 million BoP, current US$ | -27.8% |
| 1998 | -258.80 million BoP, current US$ | -16.4% |
| 1999 | -272.52 million BoP, current US$ | +5.3% |
| 2000 | -210.06 million BoP, current US$ | -22.9% |
| 2001 | -230.25 million BoP, current US$ | +9.6% |
| 2002 | -205.07 million BoP, current US$ | -10.9% |
| 2003 | -475.02 million BoP, current US$ | +131.6% |
| 2004 | -435.41 million BoP, current US$ | -8.3% |
| 2005 | -538.18 million BoP, current US$ | +23.6% |
| 2006 | -805.06 million BoP, current US$ | +49.6% |
| 2007 | -722.71 million BoP, current US$ | -10.2% |
| 2008 | -642.73 million BoP, current US$ | -11.1% |
| 2009 | -630.23 million BoP, current US$ | -1.9% |
| 2010 | -598.38 million BoP, current US$ | -5.1% |
| 2011 | -548.69 million BoP, current US$ | -8.3% |
| 2012 | -729.77 million BoP, current US$ | +33.0% |
| 2013 | -629.39 million BoP, current US$ | -13.8% |
| 2014 | -401.33 million BoP, current US$ | -36.2% |
| 2015 | -1.43 billion BoP, current US$ | +257.4% |
| 2016 | -940.88 million BoP, current US$ | -34.4% |
| 2017 | -1.08 billion BoP, current US$ | +14.6% |
| 2018 | -1.32 billion BoP, current US$ | +22.8% |
| 2019 | -1.74 billion BoP, current US$ | +31.0% |
| 2020 | -744.91 million BoP, current US$ | -57.1% |
| 2021 | -1.59 billion BoP, current US$ | +113.4% |
| 2022 | -1.86 billion BoP, current US$ | +17.2% |
| 2023 | -2.30 billion BoP, current US$ | +23.2% |
| 2024 | -1.90 billion BoP, current US$ | -17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -70.05 million BoP, current US$ | -108.71 million BoP, current US$ | -50.99 million BoP, current US$ | 4 |
| 1980s | -152.19 million BoP, current US$ | -207.60 million BoP, current US$ | -106.25 million BoP, current US$ | 10 |
| 1990s | -321.02 million BoP, current US$ | -488.13 million BoP, current US$ | -103.25 million BoP, current US$ | 10 |
| 2000s | -489.47 million BoP, current US$ | -805.06 million BoP, current US$ | -205.07 million BoP, current US$ | 10 |
| 2010s | -942.09 million BoP, current US$ | -1.74 billion BoP, current US$ | -401.33 million BoP, current US$ | 10 |
| 2020s | -1.68 billion BoP, current US$ | -2.30 billion BoP, current US$ | -744.91 million BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 129 Bolivia, Plurinational State of -1.71 billion BoP, current US$ compare
- 130 Kenya -1.87 billion BoP, current US$ compare
- 131 Tanzania, United Republic of -1.89 billion BoP, current US$ compare
- 133 Paraguay -1.93 billion BoP, current US$ compare
- 134 Azerbaijan -1.99 billion BoP, current US$ compare
- 135 Guinea -2.37 billion 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)
- 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)
- Taxes less subsidies on products (current LCU), annual growth rate 1.78 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1727 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 503.02 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1716 (2025)
Frequently asked questions
- What is net primary income in Papua New Guinea?
- Net primary income in Papua New Guinea was -1.90 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 primary income recorded in Papua New Guinea?
- The highest recorded value was -50.99 million BoP, current US$ in 1977.
- What is the lowest net primary income recorded in Papua New Guinea?
- The lowest recorded value was -2.30 billion BoP, current US$ in 2023.
- How does Papua New Guinea rank for net primary income?
- Papua New Guinea ranks 132nd out of 199 countries with data for 2024.
- Is net primary income rising or falling in Papua New Guinea?
- Over the last ten years it is down 373.0%. 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 primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.