Personal remittances, received (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Personal remittances, received (current US$), per unit of GDP was 0.0001 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Papua New Guinea, 1976–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, received (current us$), per unit of gdp in Papua New Guinea is 0.0001 current US$ per US$ of GDP, measured in 2024.
That represents a change of down 71.4% on the previous year and down 72.2% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Papua New Guinea peaked at 0.0092 current US$ per US$ of GDP in 1976 and was at its lowest, 0.0001 current US$ per US$ of GDP, in 2020.
Papua New Guinea ranks 195th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0092 current US$ per US$ of GDP | — |
| 1977 | 0.0053 current US$ per US$ of GDP | -42.5% |
| 1978 | 0.0047 current US$ per US$ of GDP | -11.5% |
| 1979 | 0.004 current US$ per US$ of GDP | -15.3% |
| 1980 | 0.0021 current US$ per US$ of GDP | -46.3% |
| 1981 | 0.0019 current US$ per US$ of GDP | -11.4% |
| 1982 | 0.0026 current US$ per US$ of GDP | +35.8% |
| 1983 | 0.0017 current US$ per US$ of GDP | -34.6% |
| 1984 | 0.0021 current US$ per US$ of GDP | +24.6% |
| 1985 | 0.0023 current US$ per US$ of GDP | +10.3% |
| 1986 | 0.0026 current US$ per US$ of GDP | +14.4% |
| 1987 | 0.0043 current US$ per US$ of GDP | +61.5% |
| 1988 | 0.0027 current US$ per US$ of GDP | -35.9% |
| 1989 | 0.002 current US$ per US$ of GDP | -25.6% |
| 1990 | 0.0017 current US$ per US$ of GDP | -17.1% |
| 1991 | 0.0055 current US$ per US$ of GDP | +228.6% |
| 1992 | 0.0047 current US$ per US$ of GDP | -14.6% |
| 1993 | 0.0041 current US$ per US$ of GDP | -13.2% |
| 1994 | 0.0036 current US$ per US$ of GDP | -12.0% |
| 1995 | 0.0034 current US$ per US$ of GDP | -6.6% |
| 1996 | 0.0029 current US$ per US$ of GDP | -12.9% |
| 1997 | 0.0028 current US$ per US$ of GDP | -4.0% |
| 1998 | 0.0026 current US$ per US$ of GDP | -9.3% |
| 1999 | 0.0023 current US$ per US$ of GDP | -12.0% |
| 2000 | 0.0021 current US$ per US$ of GDP | -9.0% |
| 2001 | 0.0019 current US$ per US$ of GDP | -6.3% |
| 2002 | 0.0019 current US$ per US$ of GDP | -2.5% |
| 2003 | 0.002 current US$ per US$ of GDP | +4.6% |
| 2004 | 0.0024 current US$ per US$ of GDP | +23.8% |
| 2005 | 0.0014 current US$ per US$ of GDP | -42.0% |
| 2006 | 0.0005 current US$ per US$ of GDP | -62.5% |
| 2007 | 0.0008 current US$ per US$ of GDP | +51.2% |
| 2008 | 0.0006 current US$ per US$ of GDP | -21.1% |
| 2009 | 0.0004 current US$ per US$ of GDP | -35.3% |
| 2010 | 0.0002 current US$ per US$ of GDP | -39.7% |
| 2011 | 0.0007 current US$ per US$ of GDP | +178.3% |
| 2012 | 0.0007 current US$ per US$ of GDP | -2.1% |
| 2013 | 0.0007 current US$ per US$ of GDP | +0.3% |
| 2014 | 0.0005 current US$ per US$ of GDP | -32.8% |
| 2015 | 0.0002 current US$ per US$ of GDP | -59.8% |
| 2016 | 0.0001 current US$ per US$ of GDP | -28.5% |
| 2017 | 0.0002 current US$ per US$ of GDP | +44.4% |
| 2018 | 0.0002 current US$ per US$ of GDP | -19.3% |
| 2019 | 0.0012 current US$ per US$ of GDP | +683.9% |
| 2020 | 0.0001 current US$ per US$ of GDP | -91.9% |
| 2021 | 0.0001 current US$ per US$ of GDP | +23.4% |
| 2022 | 0.0005 current US$ per US$ of GDP | +288.6% |
| 2023 | 0.0004 current US$ per US$ of GDP | -5.1% |
| 2024 | 0.0001 current US$ per US$ of GDP | -71.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0001 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0601 current US$ per US$ of GDP, 0% of the median. (47 countries reporting)
- Papua New Guinea's 0.0001 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.034 current US$ per US$ of GDP, 0% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per unit of GDP in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +683.9% | 0.0002 current US$ per US$ of GDP | 0.0012 current US$ per US$ of GDP |
| 2022 | +288.6% | 0.0001 current US$ per US$ of GDP | 0.0005 current US$ per US$ of GDP |
| 1991 | +228.6% | 0.0017 current US$ per US$ of GDP | 0.0055 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0058 current US$ per US$ of GDP | 0.004 current US$ per US$ of GDP | 0.0092 current US$ per US$ of GDP | 4 |
| 1980s | 0.0024 current US$ per US$ of GDP | 0.0017 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 10 |
| 1990s | 0.0034 current US$ per US$ of GDP | 0.0017 current US$ per US$ of GDP | 0.0055 current US$ per US$ of GDP | 10 |
| 2000s | 0.0014 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | 0.0024 current US$ per US$ of GDP | 10 |
| 2010s | 0.0005 current US$ per US$ of GDP | 0.0001 current US$ per US$ of GDP | 0.0012 current US$ per US$ of GDP | 10 |
| 2020s | 0.0002 current US$ per US$ of GDP | 0.0001 current US$ per US$ of GDP | 0.0005 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 192 Saudi Arabia 0.0003 current US$ per US$ of GDP compare
- 193 Libya 0.0003 current US$ per US$ of GDP compare
- 194 Kuwait 0.0002 current US$ per US$ of GDP compare
- 196 Central African Republic 0.0001 current US$ per US$ of GDP 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received (current us$), per unit of gdp in Papua New Guinea?
- Personal remittances, received (current us$), per unit of gdp in Papua New Guinea was 0.0001 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.0092 current US$ per US$ of GDP in 1976.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0001 current US$ per US$ of GDP in 2020.
- How does Papua New Guinea rank for personal remittances, received (current us$), per unit of gdp?
- Papua New Guinea ranks 195th out of 196 countries with data for 2024.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 72.2%. 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 Personal remittances, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.