Secondary income, other sectors, payments in Papua New Guinea
Papua New Guinea: Secondary income, other sectors, payments was 71.95 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
71.95 million BoP, current US$
Change on year
down 65.5%
World rank
156th
of 198 countries
All-time high
416.05 million BoP, current US$
in 2012
All-time low
56.68 million BoP, current US$
in 2002
Years of data
49
1976–2024
Secondary income, other sectors, 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$.
Analysis
The most recent figure for secondary income, other sectors, payments in Papua New Guinea is 71.95 million BoP, current US$, measured in 2024.
The figure is down 65.5% on the previous year and down 77.5% over ten years.
Over the whole period, secondary income, other sectors, payments in Papua New Guinea peaked at 416.05 million BoP, current US$ in 2012 and was at its lowest, 56.68 million BoP, current US$, in 2002.
That places Papua New Guinea 156th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 62.78 million BoP, current US$ | — |
| 1977 | 57.82 million BoP, current US$ | -7.9% |
| 1978 | 81.22 million BoP, current US$ | +40.5% |
| 1979 | 83.54 million BoP, current US$ | +2.9% |
| 1980 | 100.20 million BoP, current US$ | +19.9% |
| 1981 | 109.78 million BoP, current US$ | +9.6% |
| 1982 | 115.90 million BoP, current US$ | +5.6% |
| 1983 | 97.06 million BoP, current US$ | -16.3% |
| 1984 | 92.92 million BoP, current US$ | -4.3% |
| 1985 | 89.82 million BoP, current US$ | -3.3% |
| 1986 | 82.90 million BoP, current US$ | -7.7% |
| 1987 | 108.81 million BoP, current US$ | +31.3% |
| 1988 | 116.20 million BoP, current US$ | +6.8% |
| 1989 | 127.16 million BoP, current US$ | +9.4% |
| 1990 | 118.15 million BoP, current US$ | -7.1% |
| 1991 | 106.15 million BoP, current US$ | -10.2% |
| 1992 | 111.11 million BoP, current US$ | +4.7% |
| 1993 | 177.96 million BoP, current US$ | +60.2% |
| 1994 | 209.29 million BoP, current US$ | +17.6% |
| 1995 | 173.91 million BoP, current US$ | -16.9% |
| 1996 | 304.25 million BoP, current US$ | +74.9% |
| 1997 | 102.59 million BoP, current US$ | -66.3% |
| 1998 | 71.64 million BoP, current US$ | -30.2% |
| 1999 | 68.71 million BoP, current US$ | -4.1% |
| 2000 | 72.66 million BoP, current US$ | +5.8% |
| 2001 | 67.25 million BoP, current US$ | -7.4% |
| 2002 | 56.68 million BoP, current US$ | -15.7% |
| 2003 | 79.52 million BoP, current US$ | +40.3% |
| 2004 | 74.85 million BoP, current US$ | -5.9% |
| 2005 | 89.77 million BoP, current US$ | +19.9% |
| 2006 | 125.45 million BoP, current US$ | +39.8% |
| 2007 | 157.88 million BoP, current US$ | +25.8% |
| 2008 | 228.22 million BoP, current US$ | +44.6% |
| 2009 | 200.54 million BoP, current US$ | -12.1% |
| 2010 | 241.79 million BoP, current US$ | +20.6% |
| 2011 | 328.86 million BoP, current US$ | +36.0% |
| 2012 | 416.05 million BoP, current US$ | +26.5% |
| 2013 | 383.60 million BoP, current US$ | -7.8% |
| 2014 | 319.10 million BoP, current US$ | -16.8% |
| 2015 | 192.06 million BoP, current US$ | -39.8% |
| 2016 | 151.83 million BoP, current US$ | -20.9% |
| 2017 | 236.58 million BoP, current US$ | +55.8% |
| 2018 | 107.02 million BoP, current US$ | -54.8% |
| 2019 | 137.75 million BoP, current US$ | +28.7% |
| 2020 | 62.90 million BoP, current US$ | -54.3% |
| 2021 | 212.85 million BoP, current US$ | +238.4% |
| 2022 | 282.24 million BoP, current US$ | +32.6% |
| 2023 | 208.86 million BoP, current US$ | -26.0% |
| 2024 | 71.95 million BoP, current US$ | -65.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 71.34 million BoP, current US$ | 57.82 million BoP, current US$ | 83.54 million BoP, current US$ | 4 |
| 1980s | 104.07 million BoP, current US$ | 82.90 million BoP, current US$ | 127.16 million BoP, current US$ | 10 |
| 1990s | 144.38 million BoP, current US$ | 68.71 million BoP, current US$ | 304.25 million BoP, current US$ | 10 |
| 2000s | 115.28 million BoP, current US$ | 56.68 million BoP, current US$ | 228.22 million BoP, current US$ | 10 |
| 2010s | 251.46 million BoP, current US$ | 107.02 million BoP, current US$ | 416.05 million BoP, current US$ | 10 |
| 2020s | 167.76 million BoP, current US$ | 62.90 million BoP, current US$ | 282.24 million BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 153 Suriname 79.83 million BoP, current US$ compare
- 154 Namibia 75.69 million BoP, current US$ compare
- 155 Grenada 73.33 million BoP, current US$ compare
- 157 Madagascar 68.59 million BoP, current US$ compare
- 158 Comoros 67.02 million BoP, current US$ compare
- 159 French Polynesia 61.71 million 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0165 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 47.98 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0635 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 184.85 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 42.52 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Papua New Guinea?
- Secondary income, other sectors, payments in Papua New Guinea was 71.95 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Papua New Guinea?
- The highest recorded value was 416.05 million BoP, current US$ in 2012.
- What is the lowest secondary income, other sectors, payments recorded in Papua New Guinea?
- The lowest recorded value was 56.68 million BoP, current US$ in 2002.
- How does Papua New Guinea rank for secondary income, other sectors, payments?
- Papua New Guinea ranks 156th out of 198 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Papua New Guinea?
- Over the last ten years it is down 77.5%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.