Net foreign assets (current LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Net foreign assets (current LCU), annual growth rate was -10.53 % change on previous year in 2024. ◆ Volatile
Net foreign assets (current LCU), annual growth rate in Papua New Guinea, 1974–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net foreign assets (current lcu), annual growth rate in Papua New Guinea is -10.53 % change on previous year, measured in 2024.
That represents a change of down 326.7% on the previous year and up 39.7% over ten years.
Over the whole period, net foreign assets (current lcu), annual growth rate in Papua New Guinea peaked at 380.69 % change on previous year in 1995 and was at its lowest, -63.39 % change on previous year, in 1994.
That places Papua New Guinea 164th out of 186 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.
Net foreign assets (current LCU), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1974 | 59.64 % change on previous year | — |
| 1975 | -24.47 % change on previous year | -141.0% |
| 1976 | -1.77 % change on previous year | -92.8% |
| 1977 | 78.93 % change on previous year | -4562.0% |
| 1978 | -17.69 % change on previous year | -122.4% |
| 1979 | 34.84 % change on previous year | -296.9% |
| 1980 | -24.77 % change on previous year | -171.1% |
| 1981 | -19.83 % change on previous year | -20.0% |
| 1982 | -11.47 % change on previous year | -42.2% |
| 1983 | 60.54 % change on previous year | -627.9% |
| 1984 | 10.75 % change on previous year | -82.2% |
| 1985 | 12.77 % change on previous year | +18.8% |
| 1986 | 5.7 % change on previous year | -55.4% |
| 1987 | -1.83 % change on previous year | -132.1% |
| 1988 | -16.94 % change on previous year | +825.4% |
| 1989 | -27.82 % change on previous year | +64.2% |
| 1990 | -1.33 % change on previous year | -95.2% |
| 1991 | -36.5 % change on previous year | +2635.2% |
| 1992 | -13.9 % change on previous year | -61.9% |
| 1993 | 30.4 % change on previous year | -318.7% |
| 1994 | -63.39 % change on previous year | -308.5% |
| 1995 | 380.69 % change on previous year | -700.5% |
| 1996 | 195 % change on previous year | -48.8% |
| 1997 | -9.02 % change on previous year | -104.6% |
| 1998 | -39.46 % change on previous year | +337.4% |
| 1999 | 43.94 % change on previous year | -211.3% |
| 2000 | 53.07 % change on previous year | +20.8% |
| 2001 | 53.8 % change on previous year | +1.4% |
| 2002 | -13.13 % change on previous year | -124.4% |
| 2003 | 14.88 % change on previous year | -213.3% |
| 2004 | 34.59 % change on previous year | +132.5% |
| 2005 | 36.24 % change on previous year | +4.8% |
| 2006 | 59.51 % change on previous year | +64.2% |
| 2007 | 52.66 % change on previous year | -11.5% |
| 2008 | -12.57 % change on previous year | -123.9% |
| 2009 | 28.91 % change on previous year | -329.9% |
| 2010 | 13.17 % change on previous year | -54.4% |
| 2011 | 12.82 % change on previous year | -2.7% |
| 2012 | -6.35 % change on previous year | -149.5% |
| 2013 | -12.73 % change on previous year | +100.6% |
| 2014 | -17.46 % change on previous year | +37.1% |
| 2015 | -13.91 % change on previous year | -20.3% |
| 2016 | -16.13 % change on previous year | +16.0% |
| 2017 | 11.56 % change on previous year | -171.6% |
| 2018 | 27.66 % change on previous year | +139.3% |
| 2019 | 9.23 % change on previous year | -66.6% |
| 2020 | -31.84 % change on previous year | -444.9% |
| 2021 | 66.07 % change on previous year | -307.5% |
| 2022 | 38.72 % change on previous year | -41.4% |
| 2023 | -2.47 % change on previous year | -106.4% |
| 2024 | -10.53 % change on previous year | +326.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.58 % change on previous year | -24.47 % change on previous year | 78.93 % change on previous year | 6 |
| 1980s | -1.29 % change on previous year | -27.82 % change on previous year | 60.54 % change on previous year | 10 |
| 1990s | 48.64 % change on previous year | -63.39 % change on previous year | 380.69 % change on previous year | 10 |
| 2000s | 30.79 % change on previous year | -13.13 % change on previous year | 59.51 % change on previous year | 10 |
| 2010s | 0.7861 % change on previous year | -17.46 % change on previous year | 27.66 % change on previous year | 10 |
| 2020s | 11.99 % change on previous year | -31.84 % change on previous year | 66.07 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 161 Brazil -7.36 % change on previous year compare
- 162 Grenada -7.57 % change on previous year compare
- 163 Chile -9.43 % change on previous year compare
- 165 Belize -11.3 % change on previous year compare
- 166 Croatia -11.66 % change on previous year compare
- 167 Colombia -11.78 % change on previous year 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 foreign assets (current lcu), annual growth rate in Papua New Guinea?
- Net foreign assets (current lcu), annual growth rate in Papua New Guinea was -10.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 380.69 % change on previous year in 1995.
- What is the lowest net foreign assets (current lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -63.39 % change on previous year in 1994.
- How does Papua New Guinea rank for net foreign assets (current lcu), annual growth rate?
- Papua New Guinea ranks 164th out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net foreign assets (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.