Personal transfers, receipts in Papua New Guinea
Papua New Guinea: Personal transfers, receipts was 86,320 BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Papua New Guinea, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for personal transfers, receipts in Papua New Guinea is 86,320 BoP, current US$, measured in 2024. That is the lowest value across all 23 years on record.
That represents a change of down 89.3% on the previous year and down 92.9% over ten years.
Over the whole period, personal transfers, receipts in Papua New Guinea peaked at 7.92 million BoP, current US$ in 2004 and was at its lowest, 86,320 BoP, current US$, in 2024.
Papua New Guinea ranks 177th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 5.66 million BoP, current US$ | — |
| 2003 | 4.02 million BoP, current US$ | -28.9% |
| 2004 | 7.92 million BoP, current US$ | +96.9% |
| 2005 | 5.67 million BoP, current US$ | -28.4% |
| 2006 | 3.39 million BoP, current US$ | -40.2% |
| 2007 | 5.42 million BoP, current US$ | +60.0% |
| 2008 | 4.93 million BoP, current US$ | -9.1% |
| 2009 | 2.10 million BoP, current US$ | -57.5% |
| 2010 | 548,670 BoP, current US$ | -73.8% |
| 2011 | 2.07 million BoP, current US$ | +277.3% |
| 2012 | 2.27 million BoP, current US$ | +9.8% |
| 2013 | 426,227 BoP, current US$ | -81.3% |
| 2014 | 1.22 million BoP, current US$ | +185.2% |
| 2015 | 773,822 BoP, current US$ | -36.3% |
| 2016 | 460,840 BoP, current US$ | -40.4% |
| 2017 | 463,235 BoP, current US$ | +0.5% |
| 2018 | 818,331 BoP, current US$ | +76.7% |
| 2019 | 1.18 million BoP, current US$ | +43.9% |
| 2020 | 286,457 BoP, current US$ | -75.7% |
| 2021 | 1.60 million BoP, current US$ | +459.3% |
| 2022 | 472,327 BoP, current US$ | -70.5% |
| 2023 | 804,404 BoP, current US$ | +70.3% |
| 2024 | 86,320 BoP, current US$ | -89.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 86,320 BoP, current US$ is below the median for lower middle income countries, which is 1.04 billion BoP, current US$, 0% of the median. (47 countries reporting)
- Papua New Guinea's 86,320 BoP, current US$ is below the median for East Asia & Pacific, which is 181.94 million BoP, current US$, 0% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.89 million BoP, current US$ | 2.10 million BoP, current US$ | 7.92 million BoP, current US$ | 8 |
| 2010s | 1.02 million BoP, current US$ | 426,227 BoP, current US$ | 2.27 million BoP, current US$ | 10 |
| 2020s | 650,340 BoP, current US$ | 86,320 BoP, current US$ | 1.60 million BoP, 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)
- 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is personal transfers, receipts in Papua New Guinea?
- Personal transfers, receipts in Papua New Guinea was 86,320 BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Papua New Guinea?
- The highest recorded value was 7.92 million BoP, current US$ in 2004.
- What is the lowest personal transfers, receipts recorded in Papua New Guinea?
- The lowest recorded value was 86,320 BoP, current US$ in 2024.
- How does Papua New Guinea rank for personal transfers, receipts?
- Papua New Guinea ranks 177th out of 177 countries with data for 2024.
- Is personal transfers, receipts rising or falling in Papua New Guinea?
- Over the last ten years it is down 92.9%. 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 Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.