Personal remittances, paid in Papua New Guinea
Papua New Guinea: Personal remittances, paid was 83.67 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Papua New Guinea, 1976–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Papua New Guinea stood at 83.67 million current US$.
That represents a change of down 63.7% on the previous year and down 79.4% over ten years.
Over the whole period, personal remittances, paid in Papua New Guinea peaked at 551.17 million current US$ in 2011 and was at its lowest, 3.26 million current US$, in 1996.
That places Papua New Guinea 146th out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 24.46 million current US$ | — |
| 1977 | 24.38 million current US$ | -0.3% |
| 1978 | 32.36 million current US$ | +32.7% |
| 1979 | 37.46 million current US$ | +15.8% |
| 1980 | 28.24 million current US$ | -24.6% |
| 1981 | 41.41 million current US$ | +46.6% |
| 1982 | 45.71 million current US$ | +10.4% |
| 1983 | 41.76 million current US$ | -8.7% |
| 1984 | 36.70 million current US$ | -12.1% |
| 1985 | 33.51 million current US$ | -8.7% |
| 1986 | 38.89 million current US$ | +16.0% |
| 1987 | 43.25 million current US$ | +11.2% |
| 1988 | 50.10 million current US$ | +15.8% |
| 1989 | 49.81 million current US$ | -0.6% |
| 1990 | 42.72 million current US$ | -14.2% |
| 1991 | 21.02 million current US$ | -50.8% |
| 1992 | 20.73 million current US$ | -1.3% |
| 1993 | 20.45 million current US$ | -1.4% |
| 1994 | 19.90 million current US$ | -2.7% |
| 1995 | 15.67 million current US$ | -21.3% |
| 1996 | 3.26 million current US$ | -79.2% |
| 1997 | 12.30 million current US$ | +276.9% |
| 1998 | 5.92 million current US$ | -51.9% |
| 1999 | 8.32 million current US$ | +40.6% |
| 2000 | 11.21 million current US$ | +34.8% |
| 2001 | 10.74 million current US$ | -4.2% |
| 2002 | 57.38 million current US$ | +434.3% |
| 2003 | 91.15 million current US$ | +58.9% |
| 2004 | 116.71 million current US$ | +28.0% |
| 2005 | 128.26 million current US$ | +9.9% |
| 2006 | 158.63 million current US$ | +23.7% |
| 2007 | 284.23 million current US$ | +79.2% |
| 2008 | 321.37 million current US$ | +13.1% |
| 2009 | 315.79 million current US$ | -1.7% |
| 2010 | 394.61 million current US$ | +25.0% |
| 2011 | 551.17 million current US$ | +39.7% |
| 2012 | 511.37 million current US$ | -7.2% |
| 2013 | 514.81 million current US$ | +0.7% |
| 2014 | 406.27 million current US$ | -21.1% |
| 2015 | 280.65 million current US$ | -30.9% |
| 2016 | 198.20 million current US$ | -29.4% |
| 2017 | 268.13 million current US$ | +35.3% |
| 2018 | 91.41 million current US$ | -65.9% |
| 2019 | 140.81 million current US$ | +54.0% |
| 2020 | 33.34 million current US$ | -76.3% |
| 2021 | 179.59 million current US$ | +438.7% |
| 2022 | 288.84 million current US$ | +60.8% |
| 2023 | 230.78 million current US$ | -20.1% |
| 2024 | 83.67 million current US$ | -63.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.67 million current US$ | 24.38 million current US$ | 37.46 million current US$ | 4 |
| 1980s | 40.94 million current US$ | 28.24 million current US$ | 50.10 million current US$ | 10 |
| 1990s | 17.03 million current US$ | 3.26 million current US$ | 42.72 million current US$ | 10 |
| 2000s | 149.55 million current US$ | 10.74 million current US$ | 321.37 million current US$ | 10 |
| 2010s | 335.74 million current US$ | 91.41 million current US$ | 551.17 million current US$ | 10 |
| 2020s | 163.24 million current US$ | 33.34 million current US$ | 288.84 million 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, Atlas method (current US$), annual growth rate 2.88 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9586 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,894 current US$ per person (2025)
- GNI (current US$), annual growth rate 4.36 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9281 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,802 current US$ per person (2025)
- 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)
Frequently asked questions
- What is personal remittances, paid in Papua New Guinea?
- Personal remittances, paid in Papua New Guinea was 83.67 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Papua New Guinea?
- The highest recorded value was 551.17 million current US$ in 2011.
- What is the lowest personal remittances, paid recorded in Papua New Guinea?
- The lowest recorded value was 3.26 million current US$ in 1996.
- How does Papua New Guinea rank for personal remittances, paid?
- Papua New Guinea ranks 146th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Papua New Guinea?
- Over the last ten years it is down 79.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.