Personal remittances, received (current US$) (Personal IMF balance) in Papua New Guinea
Papua New Guinea: Personal remittances, received (current US$) (Personal IMF balance) was 3.87 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Papua New Guinea, 1976–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Papua New Guinea stood at 3.87 million current US$.
That represents a change of down 71.4% on the previous year and down 63.1% over ten years.
Over the whole period, personal remittances, received in Papua New Guinea peaked at 29.35 million current US$ in 2019 and was at its lowest, 2.30 million current US$, in 2020.
Papua New Guinea ranks 191st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$) (Personal IMF balance) in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 13.98 million current US$ | — |
| 1977 | 8.72 million current US$ | -37.6% |
| 1978 | 9.16 million current US$ | +5.1% |
| 1979 | 9.13 million current US$ | -0.3% |
| 1980 | 5.45 million current US$ | -40.4% |
| 1981 | 4.74 million current US$ | -13.0% |
| 1982 | 6.10 million current US$ | +28.8% |
| 1983 | 4.31 million current US$ | -29.3% |
| 1984 | 5.35 million current US$ | +24.2% |
| 1985 | 5.61 million current US$ | +4.7% |
| 1986 | 7.01 million current US$ | +25.0% |
| 1987 | 13.43 million current US$ | +91.7% |
| 1988 | 10.01 million current US$ | -25.5% |
| 1989 | 7.23 million current US$ | -27.8% |
| 1990 | 5.44 million current US$ | -24.8% |
| 1991 | 21.02 million current US$ | +286.6% |
| 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 | 15.17 million current US$ | -3.2% |
| 1997 | 13.95 million current US$ | -8.0% |
| 1998 | 9.71 million current US$ | -30.4% |
| 1999 | 7.84 million current US$ | -19.2% |
| 2000 | 7.23 million current US$ | -7.9% |
| 2001 | 5.92 million current US$ | -18.0% |
| 2002 | 5.62 million current US$ | -5.1% |
| 2003 | 6.93 million current US$ | +23.3% |
| 2004 | 9.53 million current US$ | +37.4% |
| 2005 | 6.85 million current US$ | -28.1% |
| 2006 | 4.41 million current US$ | -35.6% |
| 2007 | 7.62 million current US$ | +72.8% |
| 2008 | 7.35 million current US$ | -3.6% |
| 2009 | 4.73 million current US$ | -35.6% |
| 2010 | 3.50 million current US$ | -26.0% |
| 2011 | 12.30 million current US$ | +251.2% |
| 2012 | 14.25 million current US$ | +15.9% |
| 2013 | 14.28 million current US$ | +0.2% |
| 2014 | 10.47 million current US$ | -26.7% |
| 2015 | 3.94 million current US$ | -62.3% |
| 2016 | 2.69 million current US$ | -31.7% |
| 2017 | 4.26 million current US$ | +58.2% |
| 2018 | 3.65 million current US$ | -14.4% |
| 2019 | 29.35 million current US$ | +704.7% |
| 2020 | 2.30 million current US$ | -92.2% |
| 2021 | 3.10 million current US$ | +35.1% |
| 2022 | 14.62 million current US$ | +371.0% |
| 2023 | 13.51 million current US$ | -7.6% |
| 2024 | 3.87 million current US$ | -71.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 3.87 million current US$ is below the median for lower middle income countries, which is 1.25 billion current US$, 0% of the median. (47 countries reporting)
- Papua New Guinea's 3.87 million current US$ is below the median for East Asia & Pacific, which is 472.99 million current US$, 1% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) 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 | +704.7% | 3.65 million current US$ | 29.35 million current US$ |
| 2022 | +371.0% | 3.10 million current US$ | 14.62 million current US$ |
| 1991 | +286.6% | 5.44 million current US$ | 21.02 million current US$ |
| 2011 | +251.2% | 3.50 million current US$ | 12.30 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.25 million current US$ | 8.72 million current US$ | 13.98 million current US$ | 4 |
| 1980s | 6.92 million current US$ | 4.31 million current US$ | 13.43 million current US$ | 10 |
| 1990s | 14.99 million current US$ | 5.44 million current US$ | 21.02 million current US$ | 10 |
| 2000s | 6.62 million current US$ | 4.41 million current US$ | 9.53 million current US$ | 10 |
| 2010s | 9.87 million current US$ | 2.69 million current US$ | 29.35 million current US$ | 10 |
| 2020s | 7.48 million current US$ | 2.30 million current US$ | 14.62 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Papua New Guinea?
- Personal remittances, received in Papua New Guinea was 3.87 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Papua New Guinea?
- The highest recorded value was 29.35 million current US$ in 2019.
- What is the lowest personal remittances, received recorded in Papua New Guinea?
- The lowest recorded value was 2.30 million current US$ in 2020.
- How does Papua New Guinea rank for personal remittances, received?
- Papua New Guinea ranks 191st out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Papua New Guinea?
- Over the last ten years it is down 63.1%. 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, received (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.