Secondary income receipts in Papua New Guinea
Papua New Guinea: Secondary income receipts was 368.86 million BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income receipts in Papua New Guinea stood at 368.86 million BoP, current US$.
The figure is up 8.8% on the previous year and up 7,470.2% over ten years.
Over the whole period, secondary income receipts in Papua New Guinea peaked at 615.46 million BoP, current US$ in 2018 and was at its lowest, 4.87 million BoP, current US$, in 2014.
Papua New Guinea ranks 149th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 159.48 million BoP, current US$ | — |
| 1977 | 245.53 million BoP, current US$ | +54.0% |
| 1978 | 270.54 million BoP, current US$ | +10.2% |
| 1979 | 268.27 million BoP, current US$ | -0.8% |
| 1980 | 283.95 million BoP, current US$ | +5.8% |
| 1981 | 300.82 million BoP, current US$ | +5.9% |
| 1982 | 293.58 million BoP, current US$ | -2.4% |
| 1983 | 293.84 million BoP, current US$ | +0.1% |
| 1984 | 291.12 million BoP, current US$ | -0.9% |
| 1985 | 247.30 million BoP, current US$ | -15.0% |
| 1986 | 248.84 million BoP, current US$ | +0.6% |
| 1987 | 238.38 million BoP, current US$ | -4.2% |
| 1988 | 249.39 million BoP, current US$ | +4.6% |
| 1989 | 256.32 million BoP, current US$ | +2.8% |
| 1990 | 273.71 million BoP, current US$ | +6.8% |
| 1991 | 42.46 million BoP, current US$ | -84.5% |
| 1992 | 48.65 million BoP, current US$ | +14.6% |
| 1993 | 49.05 million BoP, current US$ | +0.8% |
| 1994 | 58.85 million BoP, current US$ | +20.0% |
| 1995 | 66.71 million BoP, current US$ | +13.4% |
| 1996 | 252.07 million BoP, current US$ | +277.9% |
| 1997 | 69.88 million BoP, current US$ | -72.3% |
| 1998 | 82.37 million BoP, current US$ | +17.9% |
| 1999 | 60.31 million BoP, current US$ | -26.8% |
| 2000 | 62.45 million BoP, current US$ | +3.5% |
| 2001 | 75.91 million BoP, current US$ | +21.6% |
| 2002 | 11.60 million BoP, current US$ | -84.7% |
| 2003 | 14.87 million BoP, current US$ | +28.1% |
| 2004 | 27.55 million BoP, current US$ | +85.3% |
| 2005 | 39.94 million BoP, current US$ | +45.0% |
| 2006 | 15.90 million BoP, current US$ | -60.2% |
| 2007 | 24.38 million BoP, current US$ | +53.4% |
| 2008 | 74.51 million BoP, current US$ | +205.6% |
| 2009 | 21.86 million BoP, current US$ | -70.7% |
| 2010 | 27.32 million BoP, current US$ | +25.0% |
| 2011 | 49.06 million BoP, current US$ | +79.6% |
| 2012 | 19.10 million BoP, current US$ | -61.1% |
| 2013 | 14.16 million BoP, current US$ | -25.9% |
| 2014 | 4.87 million BoP, current US$ | -65.6% |
| 2015 | 380.37 million BoP, current US$ | +7706.4% |
| 2016 | 394.60 million BoP, current US$ | +3.7% |
| 2017 | 439.12 million BoP, current US$ | +11.3% |
| 2018 | 615.46 million BoP, current US$ | +40.2% |
| 2019 | 539.88 million BoP, current US$ | -12.3% |
| 2020 | 354.92 million BoP, current US$ | -34.3% |
| 2021 | 493.90 million BoP, current US$ | +39.2% |
| 2022 | 435.93 million BoP, current US$ | -11.7% |
| 2023 | 339.00 million BoP, current US$ | -22.2% |
| 2024 | 368.86 million BoP, current US$ | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 235.95 million BoP, current US$ | 159.48 million BoP, current US$ | 270.54 million BoP, current US$ | 4 |
| 1980s | 270.35 million BoP, current US$ | 238.38 million BoP, current US$ | 300.82 million BoP, current US$ | 10 |
| 1990s | 100.41 million BoP, current US$ | 42.46 million BoP, current US$ | 273.71 million BoP, current US$ | 10 |
| 2000s | 36.90 million BoP, current US$ | 11.60 million BoP, current US$ | 75.91 million BoP, current US$ | 10 |
| 2010s | 248.39 million BoP, current US$ | 4.87 million BoP, current US$ | 615.46 million BoP, current US$ | 10 |
| 2020s | 398.52 million BoP, current US$ | 339.00 million BoP, current US$ | 493.90 million BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 146 Benin 410.58 million BoP, current US$ compare
- 147 Mauritania 403.59 million BoP, current US$ compare
- 148 Sierra Leone 390.50 million BoP, current US$ compare
- 150 Bahamas 368.57 million BoP, current US$ compare
- 151 Comoros 358.30 million BoP, current US$ compare
- 152 Samoa 325.40 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.2146 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9552 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,782 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is secondary income receipts in Papua New Guinea?
- Secondary income receipts in Papua New Guinea was 368.86 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 receipts recorded in Papua New Guinea?
- The highest recorded value was 615.46 million BoP, current US$ in 2018.
- What is the lowest secondary income receipts recorded in Papua New Guinea?
- The lowest recorded value was 4.87 million BoP, current US$ in 2014.
- How does Papua New Guinea rank for secondary income receipts?
- Papua New Guinea ranks 149th out of 198 countries with data for 2024.
- Is secondary income receipts rising or falling in Papua New Guinea?
- Over the last ten years it is up 7,470.2%. 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 receipts (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.