Net foreign assets (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Net foreign assets (current LCU), per unit of GDP was 0.341 current LCU per US$ of GDP in 2024. ◆ Volatile
Net foreign assets (current LCU), per unit of GDP in Papua New Guinea, 1973–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, net foreign assets (current lcu), per unit of gdp in Papua New Guinea stood at 0.341 current LCU per US$ of GDP.
Compared with earlier readings it is down 10.5% on the previous year and up 16.0% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Papua New Guinea peaked at 0.7367 current LCU per US$ of GDP in 2007 and was at its lowest, 0.0108 current LCU per US$ of GDP, in 1994.
That places Papua New Guinea 141st 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), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.1138 current LCU per US$ of GDP | — |
| 1974 | 0.1608 current LCU per US$ of GDP | +41.3% |
| 1975 | 0.1314 current LCU per US$ of GDP | -18.3% |
| 1976 | 0.1158 current LCU per US$ of GDP | -11.9% |
| 1977 | 0.1909 current LCU per US$ of GDP | +64.9% |
| 1978 | 0.1323 current LCU per US$ of GDP | -30.7% |
| 1979 | 0.1515 current LCU per US$ of GDP | +14.5% |
| 1980 | 0.1027 current LCU per US$ of GDP | -32.2% |
| 1981 | 0.0839 current LCU per US$ of GDP | -18.3% |
| 1982 | 0.0784 current LCU per US$ of GDP | -6.6% |
| 1983 | 0.1163 current LCU per US$ of GDP | +48.4% |
| 1984 | 0.1293 current LCU per US$ of GDP | +11.2% |
| 1985 | 0.1536 current LCU per US$ of GDP | +18.8% |
| 1986 | 0.1486 current LCU per US$ of GDP | -3.3% |
| 1987 | 0.1228 current LCU per US$ of GDP | -17.3% |
| 1988 | 0.0877 current LCU per US$ of GDP | -28.6% |
| 1989 | 0.0653 current LCU per US$ of GDP | -25.6% |
| 1990 | 0.071 current LCU per US$ of GDP | +8.7% |
| 1991 | 0.0383 current LCU per US$ of GDP | -46.0% |
| 1992 | 0.0285 current LCU per US$ of GDP | -25.5% |
| 1993 | 0.0327 current LCU per US$ of GDP | +14.8% |
| 1994 | 0.0108 current LCU per US$ of GDP | -66.9% |
| 1995 | 0.0618 current LCU per US$ of GDP | +470.6% |
| 1996 | 0.164 current LCU per US$ of GDP | +165.3% |
| 1997 | 0.1558 current LCU per US$ of GDP | -5.0% |
| 1998 | 0.1229 current LCU per US$ of GDP | -21.1% |
| 1999 | 0.1928 current LCU per US$ of GDP | +56.9% |
| 2000 | 0.2914 current LCU per US$ of GDP | +51.1% |
| 2001 | 0.5122 current LCU per US$ of GDP | +75.8% |
| 2002 | 0.457 current LCU per US$ of GDP | -10.8% |
| 2003 | 0.4453 current LCU per US$ of GDP | -2.6% |
| 2004 | 0.5397 current LCU per US$ of GDP | +21.2% |
| 2005 | 0.5934 current LCU per US$ of GDP | +10.0% |
| 2006 | 0.5513 current LCU per US$ of GDP | -7.1% |
| 2007 | 0.7367 current LCU per US$ of GDP | +33.6% |
| 2008 | 0.5267 current LCU per US$ of GDP | -28.5% |
| 2009 | 0.682 current LCU per US$ of GDP | +29.5% |
| 2010 | 0.6293 current LCU per US$ of GDP | -7.7% |
| 2011 | 0.5625 current LCU per US$ of GDP | -10.6% |
| 2012 | 0.445 current LCU per US$ of GDP | -20.9% |
| 2013 | 0.3889 current LCU per US$ of GDP | -12.6% |
| 2014 | 0.2941 current LCU per US$ of GDP | -24.4% |
| 2015 | 0.2705 current LCU per US$ of GDP | -8.0% |
| 2016 | 0.2374 current LCU per US$ of GDP | -12.2% |
| 2017 | 0.2417 current LCU per US$ of GDP | +1.8% |
| 2018 | 0.2911 current LCU per US$ of GDP | +20.4% |
| 2019 | 0.3097 current LCU per US$ of GDP | +6.4% |
| 2020 | 0.2191 current LCU per US$ of GDP | -29.3% |
| 2021 | 0.3323 current LCU per US$ of GDP | +51.7% |
| 2022 | 0.3803 current LCU per US$ of GDP | +14.4% |
| 2023 | 0.381 current LCU per US$ of GDP | +0.2% |
| 2024 | 0.341 current LCU per US$ of GDP | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1423 current LCU per US$ of GDP | 0.1138 current LCU per US$ of GDP | 0.1909 current LCU per US$ of GDP | 7 |
| 1980s | 0.1089 current LCU per US$ of GDP | 0.0653 current LCU per US$ of GDP | 0.1536 current LCU per US$ of GDP | 10 |
| 1990s | 0.0879 current LCU per US$ of GDP | 0.0108 current LCU per US$ of GDP | 0.1928 current LCU per US$ of GDP | 10 |
| 2000s | 0.5336 current LCU per US$ of GDP | 0.2914 current LCU per US$ of GDP | 0.7367 current LCU per US$ of GDP | 10 |
| 2010s | 0.367 current LCU per US$ of GDP | 0.2374 current LCU per US$ of GDP | 0.6293 current LCU per US$ of GDP | 10 |
| 2020s | 0.3308 current LCU per US$ of GDP | 0.2191 current LCU per US$ of GDP | 0.381 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 138 Slovenia 0.4359 current LCU per US$ of GDP compare
- 139 Bulgaria 0.4075 current LCU per US$ of GDP compare
- 140 Bolivia, Plurinational State of 0.401 current LCU per US$ of GDP compare
- 142 Azerbaijan 0.3349 current LCU per US$ of GDP compare
- 143 Barbados 0.3129 current LCU per US$ of GDP compare
- 144 Greece 0.3026 current LCU per US$ of GDP compare
More financial sector data for Papua New Guinea
- Total reserves in months of imports, annual growth rate 11.56 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.29 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0882 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 256.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -3.31 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 256.98 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -2.2 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 268.89 SDR per person (2024)
Frequently asked questions
- What is net foreign assets (current lcu), per unit of gdp in Papua New Guinea?
- Net foreign assets (current lcu), per unit of gdp in Papua New Guinea was 0.341 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.7367 current LCU per US$ of GDP in 2007.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0108 current LCU per US$ of GDP in 1994.
- How does Papua New Guinea rank for net foreign assets (current lcu), per unit of gdp?
- Papua New Guinea ranks 141st out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 16.0%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.