Canada vs Papua New Guinea: Net foreign assets
Net foreign assets over time
- Canada
- Papua New Guinea
How they compare
Canada currently reports 11.25 billion current LCU against 10.51 billion current LCU in Papua New Guinea, a difference of 746.80 million current LCU.
That makes Canada's figure about 1.1 times Papua New Guinea's.
The two have swapped places 2 times across 36 shared years of data; in 1973 it was Canada ahead.
Canada ranks 139th and Papua New Guinea ranks 141st of 186 countries.
Across the 4 decades both report, Canada averaged higher in 2 and Papua New Guinea in 2.
Head to head by decade
| Decade | Canada | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.16 billion current LCU | 236.51 million current LCU | 1.92 billion current LCU | Canada |
| 1980s | -19.83 billion current LCU | 298.90 million current LCU | 20.13 billion current LCU | Papua New Guinea |
| 1990s | -19.76 billion current LCU | 375.84 million current LCU | 20.13 billion current LCU | Papua New Guinea |
| 2000s | 6.82 billion current LCU | 3.15 billion current LCU | 3.67 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, Canada or Papua New Guinea?
- Canada, at 11.25 billion current LCU against 10.51 billion current LCU in Papua New Guinea as of 2008.
- What is the difference in net foreign assets between Canada and Papua New Guinea?
- 746.80 million current LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Papua New Guinea?
- 36 years are reported by both, from 1973 to 2008.
- How do Canada and Papua New Guinea rank globally for net foreign assets?
- Canada ranks 139th and Papua New Guinea ranks 141st of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.