Malaysia vs Papua New Guinea: Current account balance
Current account balance over time
- Malaysia
- Papua New Guinea
How they compare
Malaysia currently reports 7.15 billion BoP, current US$ against 4.77 billion BoP, current US$ in Papua New Guinea, a difference of 2.38 billion BoP, current US$.
That makes Malaysia's figure about 1.5 times Papua New Guinea's.
The two have swapped places 4 times across 49 shared years of data; in 1976 it was Malaysia ahead.
Globally, Malaysia ranks 29th and Papua New Guinea ranks 32nd of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.