Primary income payments (BoP, current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Primary income payments (BoP, current US$), per unit of GDP was 0.065 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Primary income payments (BoP, current US$), per unit of GDP in Papua New Guinea, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, primary income payments (bop, current us$), per unit of gdp in Papua New Guinea stood at 0.065 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 17.0% on the previous year and up 261.0% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Papua New Guinea peaked at 0.1389 BoP, current US$ per US$ of GDP in 2003 and was at its lowest, 0.018 BoP, current US$ per US$ of GDP, in 2014.
Papua New Guinea ranks 76th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Primary income payments (BoP, current US$), per unit of GDP in Papua New Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0497 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0495 BoP, current US$ per US$ of GDP | -0.4% |
| 1978 | 0.0531 BoP, current US$ per US$ of GDP | +7.1% |
| 1979 | 0.0689 BoP, current US$ per US$ of GDP | +29.9% |
| 1980 | 0.0939 BoP, current US$ per US$ of GDP | +36.1% |
| 1981 | 0.0837 BoP, current US$ per US$ of GDP | -10.8% |
| 1982 | 0.0764 BoP, current US$ per US$ of GDP | -8.8% |
| 1983 | 0.0704 BoP, current US$ per US$ of GDP | -7.9% |
| 1984 | 0.078 BoP, current US$ per US$ of GDP | +10.9% |
| 1985 | 0.0668 BoP, current US$ per US$ of GDP | -14.4% |
| 1986 | 0.0858 BoP, current US$ per US$ of GDP | +28.5% |
| 1987 | 0.0698 BoP, current US$ per US$ of GDP | -18.7% |
| 1988 | 0.0892 BoP, current US$ per US$ of GDP | +27.9% |
| 1989 | 0.0748 BoP, current US$ per US$ of GDP | -16.2% |
| 1990 | 0.0652 BoP, current US$ per US$ of GDP | -12.8% |
| 1991 | 0.0846 BoP, current US$ per US$ of GDP | +29.8% |
| 1992 | 0.0971 BoP, current US$ per US$ of GDP | +14.8% |
| 1993 | 0.0804 BoP, current US$ per US$ of GDP | -17.2% |
| 1994 | 0.0769 BoP, current US$ per US$ of GDP | -4.3% |
| 1995 | 0.1102 BoP, current US$ per US$ of GDP | +43.2% |
| 1996 | 0.0895 BoP, current US$ per US$ of GDP | -18.8% |
| 1997 | 0.0698 BoP, current US$ per US$ of GDP | -21.9% |
| 1998 | 0.0738 BoP, current US$ per US$ of GDP | +5.7% |
| 1999 | 0.0837 BoP, current US$ per US$ of GDP | +13.4% |
| 2000 | 0.0688 BoP, current US$ per US$ of GDP | -17.9% |
| 2001 | 0.0812 BoP, current US$ per US$ of GDP | +18.1% |
| 2002 | 0.0775 BoP, current US$ per US$ of GDP | -4.6% |
| 2003 | 0.1389 BoP, current US$ per US$ of GDP | +79.2% |
| 2004 | 0.1159 BoP, current US$ per US$ of GDP | -16.5% |
| 2005 | 0.116 BoP, current US$ per US$ of GDP | +0.1% |
| 2006 | 0.1048 BoP, current US$ per US$ of GDP | -9.6% |
| 2007 | 0.0867 BoP, current US$ per US$ of GDP | -17.3% |
| 2008 | 0.0624 BoP, current US$ per US$ of GDP | -28.0% |
| 2009 | 0.0582 BoP, current US$ per US$ of GDP | -6.7% |
| 2010 | 0.0449 BoP, current US$ per US$ of GDP | -22.9% |
| 2011 | 0.0327 BoP, current US$ per US$ of GDP | -27.1% |
| 2012 | 0.0364 BoP, current US$ per US$ of GDP | +11.1% |
| 2013 | 0.0315 BoP, current US$ per US$ of GDP | -13.5% |
| 2014 | 0.018 BoP, current US$ per US$ of GDP | -42.8% |
| 2015 | 0.0677 BoP, current US$ per US$ of GDP | +276.3% |
| 2016 | 0.0471 BoP, current US$ per US$ of GDP | -30.5% |
| 2017 | 0.0495 BoP, current US$ per US$ of GDP | +5.2% |
| 2018 | 0.0573 BoP, current US$ per US$ of GDP | +15.8% |
| 2019 | 0.0749 BoP, current US$ per US$ of GDP | +30.7% |
| 2020 | 0.0351 BoP, current US$ per US$ of GDP | -53.2% |
| 2021 | 0.064 BoP, current US$ per US$ of GDP | +82.6% |
| 2022 | 0.0611 BoP, current US$ per US$ of GDP | -4.6% |
| 2023 | 0.0782 BoP, current US$ per US$ of GDP | +28.1% |
| 2024 | 0.065 BoP, current US$ per US$ of GDP | -17.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.065 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0412 BoP, current US$ per US$ of GDP, 1.6× the median. (47 countries reporting)
- Papua New Guinea's 0.065 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0519 BoP, current US$ per US$ of GDP, 1.3× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per unit of GDP in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +276.3% | 0.018 BoP, current US$ per US$ of GDP | 0.0677 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0553 BoP, current US$ per US$ of GDP | 0.0495 BoP, current US$ per US$ of GDP | 0.0689 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0789 BoP, current US$ per US$ of GDP | 0.0668 BoP, current US$ per US$ of GDP | 0.0939 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0831 BoP, current US$ per US$ of GDP | 0.0652 BoP, current US$ per US$ of GDP | 0.1102 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.091 BoP, current US$ per US$ of GDP | 0.0582 BoP, current US$ per US$ of GDP | 0.1389 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.046 BoP, current US$ per US$ of GDP | 0.018 BoP, current US$ per US$ of GDP | 0.0749 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0607 BoP, current US$ per US$ of GDP | 0.0351 BoP, current US$ per US$ of GDP | 0.0782 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 73 Lithuania 0.0674 BoP, current US$ per US$ of GDP compare
- 74 Venezuela 0.0666 BoP, current US$ per US$ of GDP compare
- 75 Seychelles 0.066 BoP, current US$ per US$ of GDP compare
- 77 Azerbaijan 0.0644 BoP, current US$ per US$ of GDP compare
- 78 Bermuda 0.0639 BoP, current US$ per US$ of GDP compare
- 79 Slovakia 0.0638 BoP, 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is primary income payments (bop, current us$), per unit of gdp in Papua New Guinea?
- Primary income payments (bop, current us$), per unit of gdp in Papua New Guinea was 0.065 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.1389 BoP, current US$ per US$ of GDP in 2003.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.018 BoP, current US$ per US$ of GDP in 2014.
- How does Papua New Guinea rank for primary income payments (bop, current us$), per unit of gdp?
- Papua New Guinea ranks 76th out of 199 countries with data for 2024.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 261.0%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.