Total current account credit/revenue, Credit/Revenue in Papua New Guinea
Papua New Guinea: Total current account credit/revenue, Credit/Revenue was 13.94 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Papua New Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Papua New Guinea is 13.94 billion, measured in 2024.
That represents a change of up 1.8% on the previous year and up 45.8% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Papua New Guinea peaked at 15.37 billion in 2022 and was at its lowest, 4.00 billion, in 2005.
Papua New Guinea ranks 108th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.00 billion | — |
| 2006 | 4.92 billion | +22.9% |
| 2007 | 5.62 billion | +14.4% |
| 2008 | 6.65 billion | +18.2% |
| 2009 | 5.01 billion | -24.6% |
| 2010 | 6.54 billion | +30.4% |
| 2011 | 7.96 billion | +21.7% |
| 2012 | 7.41 billion | -6.9% |
| 2013 | 6.96 billion | -6.1% |
| 2014 | 9.56 billion | +37.4% |
| 2015 | 9.02 billion | -5.7% |
| 2016 | 7.79 billion | -13.5% |
| 2017 | 10.29 billion | +32.0% |
| 2018 | 10.78 billion | +4.8% |
| 2019 | 11.90 billion | +10.3% |
| 2020 | 9.62 billion | -19.1% |
| 2021 | 11.61 billion | +20.7% |
| 2022 | 15.37 billion | +32.4% |
| 2023 | 13.69 billion | -10.9% |
| 2024 | 13.94 billion | +1.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 13.94 billion is above the median for lower middle income countries, which is 12.11 billion, 1.2× the median. (46 countries reporting)
- Papua New Guinea's 13.94 billion is above the median for East Asia & Pacific, which is 13.94 billion, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.24 billion | 4.00 billion | 6.65 billion | 5 |
| 2010s | 8.82 billion | 6.54 billion | 11.90 billion | 10 |
| 2020s | 12.85 billion | 9.62 billion | 15.37 billion | 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 total current account credit/revenue, credit/revenue in Papua New Guinea?
- Total current account credit/revenue, credit/revenue in Papua New Guinea was 13.94 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Papua New Guinea?
- The highest recorded value was 15.37 billion in 2022.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Papua New Guinea?
- The lowest recorded value was 4.00 billion in 2005.
- How does Papua New Guinea rank for total current account credit/revenue, credit/revenue?
- Papua New Guinea ranks 108th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Papua New Guinea?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (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.