Total reserves in months of imports in Papua New Guinea
Papua New Guinea: Total reserves in months of imports was 4.9 in 2024. ▲ Rising
Total reserves in months of imports in Papua New Guinea, 1976–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Papua New Guinea recorded 4.9 for total reserves in months of imports in 2024.
Compared with earlier readings it is up 11.6% on the previous year and up 12.2% over ten years.
Over the whole period, total reserves in months of imports in Papua New Guinea peaked at 6.68 in 2011 and was at its lowest, 0.6122, in 1994.
Papua New Guinea ranks 74th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Total reserves in months of imports in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 4.51 | — |
| 1977 | 6.28 | +39.3% |
| 1978 | 4.93 | -21.4% |
| 1979 | 5.4 | +9.5% |
| 1980 | 3.52 | -34.8% |
| 1981 | 3.07 | -12.9% |
| 1982 | 3.74 | +21.9% |
| 1983 | 3.74 | +0.1% |
| 1984 | 3.59 | -3.9% |
| 1985 | 4.19 | +16.7% |
| 1986 | 3.7 | -11.7% |
| 1987 | 3.25 | -12.3% |
| 1988 | 2.35 | -27.8% |
| 1989 | 2.44 | +4.0% |
| 1990 | 2.98 | +22.3% |
| 1991 | 1.83 | -38.7% |
| 1992 | 1.28 | -30.0% |
| 1993 | 0.8518 | -33.4% |
| 1994 | 0.6122 | -28.1% |
| 1995 | 1.33 | +116.4% |
| 1996 | 2.65 | +99.7% |
| 1997 | 1.66 | -37.2% |
| 1998 | 1.18 | -29.2% |
| 1999 | 1.28 | +9.0% |
| 2000 | 1.81 | +41.4% |
| 2001 | 2.86 | +57.9% |
| 2002 | 1.99 | -30.3% |
| 2003 | 2.45 | +22.9% |
| 2004 | 2.72 | +10.9% |
| 2005 | 2.77 | +1.7% |
| 2006 | 3.98 | +43.8% |
| 2007 | 4.78 | +20.3% |
| 2008 | 4.29 | -10.4% |
| 2009 | 5.85 | +36.3% |
| 2010 | 5.4 | -7.5% |
| 2011 | 6.68 | +23.6% |
| 2012 | 5.22 | -21.8% |
| 2013 | 3.42 | -34.5% |
| 2014 | 4.37 | +27.7% |
| 2015 | 3.35 | -23.2% |
| 2016 | 4.15 | +23.8% |
| 2017 | 3.25 | -21.8% |
| 2018 | 3.6 | +11.0% |
| 2019 | 3.38 | -6.0% |
| 2020 | 5.27 | +55.7% |
| 2021 | 4.8 | -8.9% |
| 2022 | 4.55 | -5.2% |
| 2023 | 4.39 | -3.5% |
| 2024 | 4.9 | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.28 | 4.51 | 6.28 | 4 |
| 1980s | 3.36 | 2.35 | 4.19 | 10 |
| 1990s | 1.56 | 0.6122 | 2.98 | 10 |
| 2000s | 3.35 | 1.81 | 5.85 | 10 |
| 2010s | 4.28 | 3.25 | 6.68 | 10 |
| 2020s | 4.78 | 4.39 | 5.27 | 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 reserves in months of imports in Papua New Guinea?
- Total reserves in months of imports in Papua New Guinea was 4.9 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Papua New Guinea?
- The highest recorded value was 6.68 in 2011.
- What is the lowest total reserves in months of imports recorded in Papua New Guinea?
- The lowest recorded value was 0.6122 in 1994.
- How does Papua New Guinea rank for total reserves in months of imports?
- Papua New Guinea ranks 74th out of 179 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Papua New Guinea?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is rising.
- 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 Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].