Remittance inflows to GDP (%) in Papua New Guinea
Papua New Guinea: Remittance inflows to GDP (%) was 0.0% in 2020. ◆ Volatile
Remittance inflows to GDP in Papua New Guinea, 1976–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Papua New Guinea is 0.0%, measured in 2020. That is the lowest value across all 45 years on record.
That represents a change of down 33.1% on the previous year and down 67.0% over ten years.
Over the whole period, remittance inflows to gdp in Papua New Guinea peaked at 0.9% in 1976 and was at its lowest, 0.0%, in 2020.
That places Papua New Guinea 188th out of 197 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP (%) in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 0.9% | — |
| 1977 | 0.5% | -42.5% |
| 1978 | 0.5% | -11.5% |
| 1979 | 0.4% | -15.3% |
| 1980 | 0.2% | -46.3% |
| 1981 | 0.2% | -11.3% |
| 1982 | 0.3% | +35.8% |
| 1983 | 0.2% | -34.6% |
| 1984 | 0.2% | +24.6% |
| 1985 | 0.2% | +10.3% |
| 1986 | 0.3% | +14.4% |
| 1987 | 0.4% | +61.5% |
| 1988 | 0.3% | -35.9% |
| 1989 | 0.2% | -25.6% |
| 1990 | 0.2% | -17.1% |
| 1991 | 0.6% | +228.6% |
| 1992 | 0.5% | -14.6% |
| 1993 | 0.4% | -13.2% |
| 1994 | 0.4% | -12.0% |
| 1995 | 0.3% | -6.6% |
| 1996 | 0.3% | -12.9% |
| 1997 | 0.3% | -4.0% |
| 1998 | 0.3% | -9.3% |
| 1999 | 0.2% | -12.0% |
| 2000 | 0.2% | -9.0% |
| 2001 | 0.2% | -6.3% |
| 2002 | 0.2% | -2.5% |
| 2003 | 0.2% | +4.6% |
| 2004 | 0.2% | +23.8% |
| 2005 | 0.1% | -42.0% |
| 2006 | 0.1% | -62.5% |
| 2007 | 0.1% | +51.2% |
| 2008 | 0.1% | -21.1% |
| 2009 | 0.0% | -35.3% |
| 2010 | 0.0% | -39.7% |
| 2011 | 0.1% | +178.3% |
| 2012 | 0.1% | -2.1% |
| 2013 | 0.1% | +0.3% |
| 2014 | 0.0% | -32.8% |
| 2015 | 0.0% | -59.8% |
| 2016 | 0.0% | -28.5% |
| 2017 | 0.0% | +44.4% |
| 2018 | 0.0% | -18.8% |
| 2019 | 0.0% | -20.4% |
| 2020 | 0.0% | -33.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0% is below the median for lower middle income countries, which is 4.9%, 0% of the median. (47 countries reporting)
- Papua New Guinea's 0.0% is below the median for East Asia & Pacific, which is 2.3%, 0% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Remittance inflows to GDP (%) 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 |
|---|---|---|---|
| 1991 | +228.6% | 0.2% | 0.6% |
| 2011 | +178.3% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.4% | 0.9% | 4 |
| 1980s | 0.2% | 0.2% | 0.4% | 10 |
| 1990s | 0.3% | 0.2% | 0.6% | 10 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Papua New Guinea
- 185 Venezuela 0.0% compare
- 186 Kuwait 0.0% compare
- 187 Angola 0.0% compare
- 189 Turkmenistan 0.0% compare
- 190 Central African Republic 0.0% compare
- 190 Chad 0.0% compare
- 190 Equatorial Guinea 0.0% compare
- 190 Eritrea 0.0% compare
- 190 Faroe Islands 0.0% compare
- 190 Libya 0.0% compare
- 190 Singapore 0.0%
- 190 Tuvalu 0.0% 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 remittance inflows to gdp in Papua New Guinea?
- Remittance inflows to gdp in Papua New Guinea was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Papua New Guinea?
- The highest recorded value was 0.9% in 1976.
- What is the lowest remittance inflows to gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0% in 2020.
- How does Papua New Guinea rank for remittance inflows to gdp?
- Papua New Guinea ranks 188th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 67.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.