Net secondary income in Papua New Guinea
Papua New Guinea: Net secondary income was 276.26 million BoP, current US$ in 2024. ◆ Volatile
Net secondary 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$.
Analysis
The most recent figure for net secondary income in Papua New Guinea is 276.26 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 182.3% on the previous year and up 141.0% over ten years.
Over the whole period, net secondary income in Papua New Guinea peaked at 493.40 million BoP, current US$ in 2018 and was at its lowest, -4.94 million BoP, current US$, in 2000.
Papua New Guinea ranks 103rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 96.70 million BoP, current US$ | — |
| 1977 | 187.70 million BoP, current US$ | +94.1% |
| 1978 | 189.32 million BoP, current US$ | +0.9% |
| 1979 | 184.73 million BoP, current US$ | -2.4% |
| 1980 | 183.75 million BoP, current US$ | -0.5% |
| 1981 | 191.04 million BoP, current US$ | +4.0% |
| 1982 | 177.68 million BoP, current US$ | -7.0% |
| 1983 | 196.78 million BoP, current US$ | +10.8% |
| 1984 | 198.20 million BoP, current US$ | +0.7% |
| 1985 | 157.48 million BoP, current US$ | -20.5% |
| 1986 | 165.94 million BoP, current US$ | +5.4% |
| 1987 | 129.57 million BoP, current US$ | -21.9% |
| 1988 | 133.19 million BoP, current US$ | +2.8% |
| 1989 | 129.17 million BoP, current US$ | -3.0% |
| 1990 | 155.57 million BoP, current US$ | +20.4% |
| 1991 | 260.49 million BoP, current US$ | +67.4% |
| 1992 | 192.49 million BoP, current US$ | -26.1% |
| 1993 | 42.86 million BoP, current US$ | -77.7% |
| 1994 | 16.36 million BoP, current US$ | -61.8% |
| 1995 | 74.69 million BoP, current US$ | +356.4% |
| 1996 | 72.17 million BoP, current US$ | -3.4% |
| 1997 | 60.51 million BoP, current US$ | -16.2% |
| 1998 | 86.86 million BoP, current US$ | +43.5% |
| 1999 | 16.88 million BoP, current US$ | -80.6% |
| 2000 | -4.94 million BoP, current US$ | -129.3% |
| 2001 | 12.75 million BoP, current US$ | -358.1% |
| 2002 | 190.96 million BoP, current US$ | +1397.7% |
| 2003 | 235.18 million BoP, current US$ | +23.2% |
| 2004 | 257.24 million BoP, current US$ | +9.4% |
| 2005 | 258.10 million BoP, current US$ | +0.3% |
| 2006 | 196.78 million BoP, current US$ | -23.8% |
| 2007 | 248.66 million BoP, current US$ | +26.4% |
| 2008 | 159.90 million BoP, current US$ | -35.7% |
| 2009 | 172.67 million BoP, current US$ | +8.0% |
| 2010 | 187.85 million BoP, current US$ | +8.8% |
| 2011 | 241.92 million BoP, current US$ | +28.8% |
| 2012 | 119.85 million BoP, current US$ | -50.5% |
| 2013 | 135.28 million BoP, current US$ | +12.9% |
| 2014 | 114.63 million BoP, current US$ | -15.3% |
| 2015 | 90.74 million BoP, current US$ | -20.8% |
| 2016 | 217.77 million BoP, current US$ | +140.0% |
| 2017 | 186.30 million BoP, current US$ | -14.5% |
| 2018 | 493.40 million BoP, current US$ | +164.8% |
| 2019 | 387.20 million BoP, current US$ | -21.5% |
| 2020 | 271.39 million BoP, current US$ | -29.9% |
| 2021 | 271.79 million BoP, current US$ | +0.1% |
| 2022 | 136.51 million BoP, current US$ | -49.8% |
| 2023 | 97.87 million BoP, current US$ | -28.3% |
| 2024 | 276.26 million BoP, current US$ | +182.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 164.61 million BoP, current US$ | 96.70 million BoP, current US$ | 189.32 million BoP, current US$ | 4 |
| 1980s | 166.28 million BoP, current US$ | 129.17 million BoP, current US$ | 198.20 million BoP, current US$ | 10 |
| 1990s | 97.89 million BoP, current US$ | 16.36 million BoP, current US$ | 260.49 million BoP, current US$ | 10 |
| 2000s | 172.73 million BoP, current US$ | -4.94 million BoP, current US$ | 258.10 million BoP, current US$ | 10 |
| 2010s | 217.49 million BoP, current US$ | 90.74 million BoP, current US$ | 493.40 million BoP, current US$ | 10 |
| 2020s | 210.76 million BoP, current US$ | 97.87 million BoP, current US$ | 276.26 million BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 100 Comoros 323.58 million BoP, current US$ compare
- 101 Eritrea 298.77 million BoP, current US$ compare
- 102 Samoa 277.41 million BoP, current US$ compare
- 104 Benin 258.86 million BoP, current US$ compare
- 105 Lithuania 233.02 million BoP, current US$ compare
- 106 Faroe Islands 202.96 million 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)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8825 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,665 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 2.35 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,084 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.56 % change on previous year (2004)
- Gross domestic savings (current US$), per unit of GDP 0.3325 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is net secondary income in Papua New Guinea?
- Net secondary income in Papua New Guinea was 276.26 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Papua New Guinea?
- The highest recorded value was 493.40 million BoP, current US$ in 2018.
- What is the lowest net secondary income recorded in Papua New Guinea?
- The lowest recorded value was -4.94 million BoP, current US$ in 2000.
- How does Papua New Guinea rank for net secondary income?
- Papua New Guinea ranks 103rd out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Papua New Guinea?
- Over the last ten years it is up 141.0%. 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 secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.