Net errors and omissions, Net (credits less debits), Adjusted using in Papua New Guinea
Papua New Guinea: Net errors and omissions, Net (credits less debits), Adjusted using was -261.89 million in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Papua New Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Papua New Guinea stood at -261.89 million.
The figure is down 612.6% on the previous year and down 136.3% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Papua New Guinea peaked at 1.43 billion in 2013 and was at its lowest, -1.45 billion, in 2020.
Papua New Guinea ranks 135th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -683.31 million | -1.32 billion | 366.44 million | 5 |
| 2010s | 227.82 million | -1.21 billion | 1.43 billion | 10 |
| 2020s | -117.59 million | -1.45 billion | 942.12 million | 5 |
Countries ranked near Papua New Guinea
- 132 Tajikistan -245.28 million compare
- 133 Pakistan -247.59 million compare
- 134 South Sudan -249.80 million compare
- 136 Moldova -276.46 million compare
- 137 Timor-Leste -276.88 million compare
- 138 Algeria -284.88 million compare
More financial sector data for Papua New Guinea
- Net domestic credit (current LCU), per capita 2,782 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.9551 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -1.08 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.21 million SDR (2024)
- Gold reserves at market value 126.04 million SDR (2024)
- Reserves excluding gold, foreign exchange 2.72 billion SDR (2024)
- Reserves excluding gold 2.72 billion SDR (2024)
- Total reserves (gold at market value) 2.84 billion SDR (2024)
- Total reserves (gold at national valuation) 2.80 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 264.96 SDR per person (2024)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Papua New Guinea?
- Net errors and omissions, net (credits less debits), adjusted using in Papua New Guinea was -261.89 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Papua New Guinea?
- The highest recorded value was 1.43 billion in 2013.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Papua New Guinea?
- The lowest recorded value was -1.45 billion in 2020.
- How does Papua New Guinea rank for net errors and omissions, net (credits less debits), adjusted using?
- Papua New Guinea ranks 135th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Papua New Guinea?
- Over the last ten years it is down 136.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.