Primary income payments in Papua New Guinea
Papua New Guinea: Primary income payments was 2.00 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
2.00 billion BoP, current US$
Change on year
down 17.0%
World rank
103rd
of 199 countries
All-time high
2.41 billion BoP, current US$
in 2023
All-time low
75.18 million BoP, current US$
in 1976
Years of data
49
1976–2024
Primary income payments in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Papua New Guinea recorded 2.00 billion BoP, current US$ for primary income payments in 2024.
Compared with earlier readings it is down 17.0% on the previous year and up 379.1% over ten years.
Over the whole period, primary income payments in Papua New Guinea peaked at 2.41 billion BoP, current US$ in 2023 and was at its lowest, 75.18 million BoP, current US$, in 1976.
Papua New Guinea ranks 103rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 75.18 million BoP, current US$ | — |
| 1977 | 81.29 million BoP, current US$ | +8.1% |
| 1978 | 103.39 million BoP, current US$ | +27.2% |
| 1979 | 158.15 million BoP, current US$ | +53.0% |
| 1980 | 238.96 million BoP, current US$ | +51.1% |
| 1981 | 209.15 million BoP, current US$ | -12.5% |
| 1982 | 180.91 million BoP, current US$ | -13.5% |
| 1983 | 180.28 million BoP, current US$ | -0.3% |
| 1984 | 199.16 million BoP, current US$ | +10.5% |
| 1985 | 161.79 million BoP, current US$ | -18.8% |
| 1986 | 227.24 million BoP, current US$ | +40.5% |
| 1987 | 219.36 million BoP, current US$ | -3.5% |
| 1988 | 326.17 million BoP, current US$ | +48.7% |
| 1989 | 265.16 million BoP, current US$ | -18.7% |
| 1990 | 209.86 million BoP, current US$ | -20.9% |
| 1991 | 320.37 million BoP, current US$ | +52.7% |
| 1992 | 425.32 million BoP, current US$ | +32.8% |
| 1993 | 400.17 million BoP, current US$ | -5.9% |
| 1994 | 423.43 million BoP, current US$ | +5.8% |
| 1995 | 510.67 million BoP, current US$ | +20.6% |
| 1996 | 461.19 million BoP, current US$ | -9.7% |
| 1997 | 344.80 million BoP, current US$ | -25.2% |
| 1998 | 279.74 million BoP, current US$ | -18.9% |
| 1999 | 291.12 million BoP, current US$ | +4.1% |
| 2000 | 242.10 million BoP, current US$ | -16.8% |
| 2001 | 250.22 million BoP, current US$ | +3.4% |
| 2002 | 232.41 million BoP, current US$ | -7.1% |
| 2003 | 491.11 million BoP, current US$ | +111.3% |
| 2004 | 455.17 million BoP, current US$ | -7.3% |
| 2005 | 564.35 million BoP, current US$ | +24.0% |
| 2006 | 875.55 million BoP, current US$ | +55.1% |
| 2007 | 827.50 million BoP, current US$ | -5.5% |
| 2008 | 728.60 million BoP, current US$ | -12.0% |
| 2009 | 676.53 million BoP, current US$ | -7.1% |
| 2010 | 639.75 million BoP, current US$ | -5.4% |
| 2011 | 588.91 million BoP, current US$ | -7.9% |
| 2012 | 774.78 million BoP, current US$ | +31.6% |
| 2013 | 669.18 million BoP, current US$ | -13.6% |
| 2014 | 417.71 million BoP, current US$ | -37.6% |
| 2015 | 1.47 billion BoP, current US$ | +252.2% |
| 2016 | 977.26 million BoP, current US$ | -33.6% |
| 2017 | 1.13 billion BoP, current US$ | +15.2% |
| 2018 | 1.38 billion BoP, current US$ | +22.7% |
| 2019 | 1.85 billion BoP, current US$ | +34.2% |
| 2020 | 836.01 million BoP, current US$ | -54.9% |
| 2021 | 1.67 billion BoP, current US$ | +100.0% |
| 2022 | 1.93 billion BoP, current US$ | +15.7% |
| 2023 | 2.41 billion BoP, current US$ | +24.7% |
| 2024 | 2.00 billion BoP, current US$ | -17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 104.50 million BoP, current US$ | 75.18 million BoP, current US$ | 158.15 million BoP, current US$ | 4 |
| 1980s | 220.82 million BoP, current US$ | 161.79 million BoP, current US$ | 326.17 million BoP, current US$ | 10 |
| 1990s | 366.67 million BoP, current US$ | 209.86 million BoP, current US$ | 510.67 million BoP, current US$ | 10 |
| 2000s | 534.35 million BoP, current US$ | 232.41 million BoP, current US$ | 875.55 million BoP, current US$ | 10 |
| 2010s | 990.12 million BoP, current US$ | 417.71 million BoP, current US$ | 1.85 billion BoP, current US$ | 10 |
| 2020s | 1.77 billion BoP, current US$ | 836.01 million BoP, current US$ | 2.41 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 100 Tunisia 2.19 billion BoP, current US$ compare
- 101 Kenya 2.16 billion BoP, current US$ compare
- 102 Trinidad and Tobago 2.13 billion BoP, current US$ compare
- 104 Bolivia, Plurinational State of 1.88 billion BoP, current US$ compare
- 105 Senegal 1.86 billion BoP, current US$ compare
- 106 Libya 1.85 billion BoP, current US$ 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)
- Gross domestic savings (current US$), annual growth rate 4.56 % change on previous year (2004)
- Gross domestic savings (current US$), per unit of GDP 0.3325 current US$ per US$ of GDP (2004)
- Gross domestic savings (current US$), per capita 206.33 current US$ per person (2004)
- Gross domestic savings (current LCU), annual growth rate -5.2 % change on previous year (2004)
- Gross domestic savings (current LCU), per unit of GDP 1.07 current LCU per US$ of GDP (2004)
- Gross domestic savings (current LCU), per capita 664.72 current LCU per person (2004)
- 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)
Frequently asked questions
- What is primary income payments in Papua New Guinea?
- Primary income payments in Papua New Guinea was 2.00 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Papua New Guinea?
- The highest recorded value was 2.41 billion BoP, current US$ in 2023.
- What is the lowest primary income payments recorded in Papua New Guinea?
- The lowest recorded value was 75.18 million BoP, current US$ in 1976.
- How does Papua New Guinea rank for primary income payments?
- Papua New Guinea ranks 103rd out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Papua New Guinea?
- Over the last ten years it is up 379.1%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.