Secondary income, other sectors, payments (BoP, current US$), per in Papua New Guinea
Papua New Guinea: Secondary income, other sectors, payments (BoP, current US$), per was 0.0023 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Papua New Guinea, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, secondary income, other sectors, payments (bop, current us$), per in Papua New Guinea stood at 0.0023 BoP, current US$ per US$ of GDP. That is the lowest value across all 49 years on record.
The figure is down 65.5% on the previous year and down 83.0% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Papua New Guinea peaked at 0.059 BoP, current US$ per US$ of GDP in 1996 and was at its lowest, 0.0023 BoP, current US$ per US$ of GDP, in 2024.
That places Papua New Guinea 173rd 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$), per in Papua New Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0415 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0352 BoP, current US$ per US$ of GDP | -15.1% |
| 1978 | 0.0417 BoP, current US$ per US$ of GDP | +18.3% |
| 1979 | 0.0364 BoP, current US$ per US$ of GDP | -12.6% |
| 1980 | 0.0394 BoP, current US$ per US$ of GDP | +8.1% |
| 1981 | 0.0439 BoP, current US$ per US$ of GDP | +11.6% |
| 1982 | 0.0489 BoP, current US$ per US$ of GDP | +11.3% |
| 1983 | 0.0379 BoP, current US$ per US$ of GDP | -22.6% |
| 1984 | 0.0364 BoP, current US$ per US$ of GDP | -3.9% |
| 1985 | 0.0371 BoP, current US$ per US$ of GDP | +1.8% |
| 1986 | 0.0313 BoP, current US$ per US$ of GDP | -15.5% |
| 1987 | 0.0346 BoP, current US$ per US$ of GDP | +10.6% |
| 1988 | 0.0318 BoP, current US$ per US$ of GDP | -8.2% |
| 1989 | 0.0359 BoP, current US$ per US$ of GDP | +12.8% |
| 1990 | 0.0367 BoP, current US$ per US$ of GDP | +2.3% |
| 1991 | 0.028 BoP, current US$ per US$ of GDP | -23.6% |
| 1992 | 0.0254 BoP, current US$ per US$ of GDP | -9.4% |
| 1993 | 0.0358 BoP, current US$ per US$ of GDP | +41.0% |
| 1994 | 0.038 BoP, current US$ per US$ of GDP | +6.3% |
| 1995 | 0.0375 BoP, current US$ per US$ of GDP | -1.4% |
| 1996 | 0.059 BoP, current US$ per US$ of GDP | +57.3% |
| 1997 | 0.0208 BoP, current US$ per US$ of GDP | -64.8% |
| 1998 | 0.0189 BoP, current US$ per US$ of GDP | -9.0% |
| 1999 | 0.0198 BoP, current US$ per US$ of GDP | +4.5% |
| 2000 | 0.0206 BoP, current US$ per US$ of GDP | +4.4% |
| 2001 | 0.0218 BoP, current US$ per US$ of GDP | +5.8% |
| 2002 | 0.0189 BoP, current US$ per US$ of GDP | -13.4% |
| 2003 | 0.0225 BoP, current US$ per US$ of GDP | +19.0% |
| 2004 | 0.0191 BoP, current US$ per US$ of GDP | -15.2% |
| 2005 | 0.0184 BoP, current US$ per US$ of GDP | -3.2% |
| 2006 | 0.015 BoP, current US$ per US$ of GDP | -18.6% |
| 2007 | 0.0165 BoP, current US$ per US$ of GDP | +10.2% |
| 2008 | 0.0196 BoP, current US$ per US$ of GDP | +18.2% |
| 2009 | 0.0173 BoP, current US$ per US$ of GDP | -11.7% |
| 2010 | 0.017 BoP, current US$ per US$ of GDP | -1.7% |
| 2011 | 0.0183 BoP, current US$ per US$ of GDP | +7.8% |
| 2012 | 0.0195 BoP, current US$ per US$ of GDP | +6.8% |
| 2013 | 0.018 BoP, current US$ per US$ of GDP | -7.7% |
| 2014 | 0.0137 BoP, current US$ per US$ of GDP | -23.8% |
| 2015 | 0.0088 BoP, current US$ per US$ of GDP | -35.7% |
| 2016 | 0.0073 BoP, current US$ per US$ of GDP | -17.3% |
| 2017 | 0.0104 BoP, current US$ per US$ of GDP | +42.2% |
| 2018 | 0.0044 BoP, current US$ per US$ of GDP | -57.3% |
| 2019 | 0.0056 BoP, current US$ per US$ of GDP | +25.4% |
| 2020 | 0.0026 BoP, current US$ per US$ of GDP | -52.6% |
| 2021 | 0.0082 BoP, current US$ per US$ of GDP | +209.0% |
| 2022 | 0.0089 BoP, current US$ per US$ of GDP | +9.4% |
| 2023 | 0.0068 BoP, current US$ per US$ of GDP | -24.0% |
| 2024 | 0.0023 BoP, current US$ per US$ of GDP | -65.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0023 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0056 BoP, current US$ per US$ of GDP, 41% of the median. (47 countries reporting)
- Papua New Guinea's 0.0023 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0151 BoP, current US$ per US$ of GDP, 15% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +209.0% | 0.0026 BoP, current US$ per US$ of GDP | 0.0082 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0387 BoP, current US$ per US$ of GDP | 0.0352 BoP, current US$ per US$ of GDP | 0.0417 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0377 BoP, current US$ per US$ of GDP | 0.0313 BoP, current US$ per US$ of GDP | 0.0489 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.032 BoP, current US$ per US$ of GDP | 0.0189 BoP, current US$ per US$ of GDP | 0.059 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.019 BoP, current US$ per US$ of GDP | 0.015 BoP, current US$ per US$ of GDP | 0.0225 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0123 BoP, current US$ per US$ of GDP | 0.0044 BoP, current US$ per US$ of GDP | 0.0195 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0058 BoP, current US$ per US$ of GDP | 0.0023 BoP, current US$ per US$ of GDP | 0.0089 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 170 Angola 0.0028 BoP, current US$ per US$ of GDP compare
- 171 India 0.0027 BoP, current US$ per US$ of GDP compare
- 172 Congo 0.0026 BoP, current US$ per US$ of GDP compare
- 174 Philippines 0.0023 BoP, current US$ per US$ of GDP compare
- 175 Bolivia 0.0023 BoP, current US$ per US$ of GDP compare
- 176 Argentina 0.0022 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), per in Papua New Guinea?
- Secondary income, other sectors, payments (bop, current us$), per in Papua New Guinea was 0.0023 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Papua New Guinea?
- The highest recorded value was 0.059 BoP, current US$ per US$ of GDP in 1996.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Papua New Guinea?
- The lowest recorded value was 0.0023 BoP, current US$ per US$ of GDP in 2024.
- How does Papua New Guinea rank for secondary income, other sectors, payments (bop, current us$), per?
- Papua New Guinea ranks 173rd out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Papua New Guinea?
- Over the last ten years it is down 83.0%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.