Volume of remittances (in United States dollars) as a proportion of in Papua New Guinea
Papua New Guinea: Volume of remittances (in United States dollars) as a proportion of was 0.0% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Papua New Guinea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Papua New Guinea recorded 0.0% for volume of remittances (in united states dollars) as a proportion of in 2024.
That represents a change of down 72.3% on the previous year and down 73.1% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Papua New Guinea peaked at 0.2% in 2004 and was at its lowest, 0.0%, in 2020.
That places Papua New Guinea 203rd out of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.2% | -6.3% |
| 2002 | 0.2% | -2.5% |
| 2003 | 0.2% | +4.6% |
| 2004 | 0.2% | +23.8% |
| 2005 | 0.1% | -42.0% |
| 2006 | 0.1% | -62.5% |
| 2007 | 0.1% | +51.2% |
| 2008 | 0.1% | -21.1% |
| 2009 | 0.0% | -35.3% |
| 2010 | 0.0% | -39.7% |
| 2011 | 0.1% | +178.3% |
| 2012 | 0.1% | -2.1% |
| 2013 | 0.1% | +0.3% |
| 2014 | 0.0% | -32.8% |
| 2015 | 0.0% | -59.8% |
| 2016 | 0.0% | -28.5% |
| 2017 | 0.0% | +44.4% |
| 2018 | 0.0% | -19.3% |
| 2019 | 0.1% | +683.7% |
| 2020 | 0.0% | -91.9% |
| 2021 | 0.0% | +23.5% |
| 2022 | 0.0% | +288.5% |
| 2023 | 0.0% | -5.1% |
| 2024 | 0.0% | -72.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0% is below the median for lower middle income countries, which is 6.1%, 0% of the median. (43 countries reporting)
- Papua New Guinea's 0.0% is below the median for East Asia & Pacific, which is 3.8%, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2019 | +683.7% | 0.0% | 0.1% |
| 2022 | +288.5% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 5 |
Countries ranked near Papua New Guinea
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 volume of remittances (in united states dollars) as a proportion of in Papua New Guinea?
- Volume of remittances (in united states dollars) as a proportion of in Papua New Guinea was 0.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Papua New Guinea?
- The highest recorded value was 0.2% in 2004.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Papua New Guinea?
- The lowest recorded value was 0.0% in 2020.
- How does Papua New Guinea rank for volume of remittances (in united states dollars) as a proportion of?
- Papua New Guinea ranks 203rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Papua New Guinea?
- Over the last ten years it is down 73.1%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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