Secondary income, other sectors, payments (BoP, current US$), annual in Papua New Guinea
Papua New Guinea: Secondary income, other sectors, payments (BoP, current US$), annual was -65.55 % change on previous year in 2024. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), annual in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), annual in Papua New Guinea is -65.55 % change on previous year, measured in 2024.
Compared with earlier readings it is down 152.1% on the previous year and down 289.9% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), annual in Papua New Guinea peaked at 238.38 % change on previous year in 2021 and was at its lowest, -66.28 % change on previous year, in 1997.
That places Papua New Guinea 192nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments (BoP, current US$), annual in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -7.9 % change on previous year | — |
| 1978 | 40.46 % change on previous year | -612.0% |
| 1979 | 2.86 % change on previous year | -92.9% |
| 1980 | 19.94 % change on previous year | +597.1% |
| 1981 | 9.56 % change on previous year | -52.1% |
| 1982 | 5.57 % change on previous year | -41.7% |
| 1983 | -16.25 % change on previous year | -391.6% |
| 1984 | -4.27 % change on previous year | -73.7% |
| 1985 | -3.33 % change on previous year | -21.9% |
| 1986 | -7.71 % change on previous year | +131.2% |
| 1987 | 31.25 % change on previous year | -505.6% |
| 1988 | 6.79 % change on previous year | -78.3% |
| 1989 | 9.43 % change on previous year | +38.8% |
| 1990 | -7.08 % change on previous year | -175.1% |
| 1991 | -10.15 % change on previous year | +43.3% |
| 1992 | 4.67 % change on previous year | -146.0% |
| 1993 | 60.16 % change on previous year | +1186.9% |
| 1994 | 17.61 % change on previous year | -70.7% |
| 1995 | -16.91 % change on previous year | -196.0% |
| 1996 | 74.95 % change on previous year | -543.3% |
| 1997 | -66.28 % change on previous year | -188.4% |
| 1998 | -30.16 % change on previous year | -54.5% |
| 1999 | -4.1 % change on previous year | -86.4% |
| 2000 | 5.76 % change on previous year | -240.3% |
| 2001 | -7.45 % change on previous year | -229.4% |
| 2002 | -15.72 % change on previous year | +111.2% |
| 2003 | 40.31 % change on previous year | -356.4% |
| 2004 | -5.87 % change on previous year | -114.6% |
| 2005 | 19.93 % change on previous year | -439.5% |
| 2006 | 39.75 % change on previous year | +99.5% |
| 2007 | 25.84 % change on previous year | -35.0% |
| 2008 | 44.56 % change on previous year | +72.4% |
| 2009 | -12.13 % change on previous year | -127.2% |
| 2010 | 20.57 % change on previous year | -269.6% |
| 2011 | 36.01 % change on previous year | +75.1% |
| 2012 | 26.52 % change on previous year | -26.4% |
| 2013 | -7.8 % change on previous year | -129.4% |
| 2014 | -16.81 % change on previous year | +115.5% |
| 2015 | -39.81 % change on previous year | +136.8% |
| 2016 | -20.95 % change on previous year | -47.4% |
| 2017 | 55.82 % change on previous year | -366.5% |
| 2018 | -54.76 % change on previous year | -198.1% |
| 2019 | 28.71 % change on previous year | -152.4% |
| 2020 | -54.34 % change on previous year | -289.3% |
| 2021 | 238.38 % change on previous year | -538.7% |
| 2022 | 32.6 % change on previous year | -86.3% |
| 2023 | -26 % change on previous year | -179.8% |
| 2024 | -65.55 % change on previous year | +152.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -65.55 % change on previous year is below the median for lower middle income countries, which is 2.21 % change on previous year. (47 countries reporting)
- Papua New Guinea's -65.55 % change on previous year is below the median for East Asia & Pacific, which is 4.98 % change on previous year. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), annual in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1186.9% | 4.67 % change on previous year | 60.16 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.81 % change on previous year | -7.9 % change on previous year | 40.46 % change on previous year | 3 |
| 1980s | 5.1 % change on previous year | -16.25 % change on previous year | 31.25 % change on previous year | 10 |
| 1990s | 2.27 % change on previous year | -66.28 % change on previous year | 74.95 % change on previous year | 10 |
| 2000s | 13.5 % change on previous year | -15.72 % change on previous year | 44.56 % change on previous year | 10 |
| 2010s | 2.75 % change on previous year | -54.76 % change on previous year | 55.82 % change on previous year | 10 |
| 2020s | 25.02 % change on previous year | -65.55 % change on previous year | 238.38 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 189 Barbados -51.6 % change on previous year compare
- 190 Eritrea -60.48 % change on previous year compare
- 191 Chad -61.85 % change on previous year compare
- 193 Gabon -69.33 % change on previous year compare
- 194 Brazil -73.72 % change on previous year compare
- 195 Kenya -87.62 % change on previous year compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), annual in Papua New Guinea?
- Secondary income, other sectors, payments (bop, current us$), annual in Papua New Guinea was -65.55 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), annual recorded in Papua New Guinea?
- The highest recorded value was 238.38 % change on previous year in 2021.
- What is the lowest secondary income, other sectors, payments (bop, current us$), annual recorded in Papua New Guinea?
- The lowest recorded value was -66.28 % change on previous year in 1997.
- How does Papua New Guinea rank for secondary income, other sectors, payments (bop, current us$), annual?
- Papua New Guinea ranks 192nd out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), annual rising or falling in Papua New Guinea?
- Over the last ten years it is down 289.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Secondary income, other sectors, payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.