Net foreign assets in Papua New Guinea
Papua New Guinea: Net foreign assets was 10.51 billion current LCU in 2024. ◆ Volatile
Net foreign assets in Papua New Guinea, 1973–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Papua New Guinea is 10.51 billion current LCU, measured in 2024.
That represents a change of down 10.5% on the previous year and up 53.9% over ten years.
Over the whole period, net foreign assets in Papua New Guinea peaked at 12.04 billion current LCU in 2022 and was at its lowest, 59.63 million current LCU, in 1994.
That places Papua New Guinea 141st out of 187 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 in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 147.78 million current LCU | — |
| 1974 | 235.91 million current LCU | +59.6% |
| 1975 | 178.20 million current LCU | -24.5% |
| 1976 | 175.04 million current LCU | -1.8% |
| 1977 | 313.20 million current LCU | +78.9% |
| 1978 | 257.80 million current LCU | -17.7% |
| 1979 | 347.61 million current LCU | +34.8% |
| 1980 | 261.51 million current LCU | -24.8% |
| 1981 | 209.67 million current LCU | -19.8% |
| 1982 | 185.62 million current LCU | -11.5% |
| 1983 | 298.00 million current LCU | +60.5% |
| 1984 | 330.03 million current LCU | +10.8% |
| 1985 | 372.19 million current LCU | +12.8% |
| 1986 | 393.40 million current LCU | +5.7% |
| 1987 | 386.20 million current LCU | -1.8% |
| 1988 | 320.79 million current LCU | -16.9% |
| 1989 | 231.56 million current LCU | -27.8% |
| 1990 | 228.47 million current LCU | -1.3% |
| 1991 | 145.08 million current LCU | -36.5% |
| 1992 | 124.91 million current LCU | -13.9% |
| 1993 | 162.88 million current LCU | +30.4% |
| 1994 | 59.63 million current LCU | -63.4% |
| 1995 | 286.63 million current LCU | +380.7% |
| 1996 | 845.56 million current LCU | +195.0% |
| 1997 | 769.26 million current LCU | -9.0% |
| 1998 | 465.68 million current LCU | -39.5% |
| 1999 | 670.29 million current LCU | +43.9% |
| 2000 | 1.03 billion current LCU | +53.1% |
| 2001 | 1.58 billion current LCU | +53.8% |
| 2002 | 1.37 billion current LCU | -13.1% |
| 2003 | 1.57 billion current LCU | +14.9% |
| 2004 | 2.12 billion current LCU | +34.6% |
| 2005 | 2.89 billion current LCU | +36.2% |
| 2006 | 4.61 billion current LCU | +59.5% |
| 2007 | 7.03 billion current LCU | +52.7% |
| 2008 | 6.15 billion current LCU | -12.6% |
| 2009 | 7.92 billion current LCU | +28.9% |
| 2010 | 8.97 billion current LCU | +13.2% |
| 2011 | 10.12 billion current LCU | +12.8% |
| 2012 | 9.48 billion current LCU | -6.3% |
| 2013 | 8.27 billion current LCU | -12.7% |
| 2014 | 6.83 billion current LCU | -17.5% |
| 2015 | 5.88 billion current LCU | -13.9% |
| 2016 | 4.93 billion current LCU | -16.1% |
| 2017 | 5.50 billion current LCU | +11.6% |
| 2018 | 7.02 billion current LCU | +27.7% |
| 2019 | 7.67 billion current LCU | +9.2% |
| 2020 | 5.23 billion current LCU | -31.8% |
| 2021 | 8.68 billion current LCU | +66.1% |
| 2022 | 12.04 billion current LCU | +38.7% |
| 2023 | 11.74 billion current LCU | -2.5% |
| 2024 | 10.51 billion current LCU | -10.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 10.51 billion current LCU is below the median for lower middle income countries, which is 256.19 billion current LCU, 4% of the median. (46 countries reporting)
- Papua New Guinea's 10.51 billion current LCU is below the median for East Asia & Pacific, which is 348.82 billion current LCU, 3% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 |
|---|---|---|---|
| 1995 | +380.7% | 59.63 million current LCU | 286.63 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 236.51 million current LCU | 147.78 million current LCU | 347.61 million current LCU | 7 |
| 1980s | 298.90 million current LCU | 185.62 million current LCU | 393.40 million current LCU | 10 |
| 1990s | 375.84 million current LCU | 59.63 million current LCU | 845.56 million current LCU | 10 |
| 2000s | 3.63 billion current LCU | 1.03 billion current LCU | 7.92 billion current LCU | 10 |
| 2010s | 7.46 billion current LCU | 4.93 billion current LCU | 10.12 billion current LCU | 10 |
| 2020s | 9.64 billion current LCU | 5.23 billion current LCU | 12.04 billion current LCU | 5 |
Countries ranked near Papua New Guinea
More financial sector data for Papua New Guinea
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0743 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0543 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0743 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net foreign assets in Papua New Guinea?
- Net foreign assets in Papua New Guinea was 10.51 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Papua New Guinea?
- The highest recorded value was 12.04 billion current LCU in 2022.
- What is the lowest net foreign assets recorded in Papua New Guinea?
- The lowest recorded value was 59.63 million current LCU in 1994.
- How does Papua New Guinea rank for net foreign assets?
- Papua New Guinea ranks 141st out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Papua New Guinea?
- Over the last ten years it is up 53.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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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.