Primary income balance (credit less debit), Net (credits less debits) in Papua New Guinea
Papua New Guinea: Primary income balance (credit less debit), Net (credits less debits) was -1.90 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Papua New Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
Papua New Guinea recorded -1.90 billion for primary income balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is up 17.3% on the previous year and down 373.0% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Papua New Guinea peaked at -401.33 million in 2014 and was at its lowest, -2.30 billion, in 2023.
Papua New Guinea ranks 128th 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.
Primary income balance (credit less debit), Net (credits less debits) in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -538.18 million | — |
| 2006 | -805.06 million | +49.6% |
| 2007 | -722.71 million | -10.2% |
| 2008 | -642.73 million | -11.1% |
| 2009 | -630.23 million | -1.9% |
| 2010 | -598.38 million | -5.1% |
| 2011 | -548.69 million | -8.3% |
| 2012 | -729.77 million | +33.0% |
| 2013 | -629.39 million | -13.8% |
| 2014 | -401.33 million | -36.2% |
| 2015 | -1.43 billion | +257.4% |
| 2016 | -940.88 million | -34.4% |
| 2017 | -1.08 billion | +14.6% |
| 2018 | -1.32 billion | +22.8% |
| 2019 | -1.74 billion | +31.0% |
| 2020 | -744.91 million | -57.1% |
| 2021 | -1.59 billion | +113.4% |
| 2022 | -1.86 billion | +17.2% |
| 2023 | -2.30 billion | +23.2% |
| 2024 | -1.90 billion | -17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -667.78 million | -805.06 million | -538.18 million | 5 |
| 2010s | -942.09 million | -1.74 billion | -401.33 million | 10 |
| 2020s | -1.68 billion | -2.30 billion | -744.91 million | 5 |
Countries ranked near Papua New Guinea
- 125 Cayman Islands -1.67 billion compare
- 126 Kenya -1.87 billion compare
- 127 Tanzania, United Republic of -1.89 billion compare
- 129 Lithuania -2.09 billion compare
- 130 Zambia -2.18 billion compare
- 131 El Salvador -2.26 billion compare
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 primary income balance (credit less debit), net (credits less debits) in Papua New Guinea?
- Primary income balance (credit less debit), net (credits less debits) in Papua New Guinea was -1.90 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Papua New Guinea?
- The highest recorded value was -401.33 million in 2014.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Papua New Guinea?
- The lowest recorded value was -2.30 billion in 2023.
- How does Papua New Guinea rank for primary income balance (credit less debit), net (credits less debits)?
- Papua New Guinea ranks 128th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Papua New Guinea?
- Over the last ten years it is down 373.0%. 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 Primary income balance (credit less debit), Net (credits less debits) (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.