Net financial account in Papua New Guinea
Papua New Guinea: Net financial account was 4.74 billion BoP, current US$ in 2024. ◆ Volatile
Net financial account in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Papua New Guinea recorded 4.74 billion BoP, current US$ for net financial account in 2024.
The figure is up 58.1% on the previous year and up 33.8% over ten years.
Over the whole period, net financial account in Papua New Guinea peaked at 5.54 billion BoP, current US$ in 2022 and was at its lowest, -2.01 billion BoP, current US$, in 2013.
That places Papua New Guinea 28th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.37 million BoP, current US$ | -27.03 million BoP, current US$ | 123.87 million BoP, current US$ | 4 |
| 1980s | -272.06 million BoP, current US$ | -512.17 million BoP, current US$ | -130.07 million BoP, current US$ | 10 |
| 1990s | 195.23 million BoP, current US$ | -147.10 million BoP, current US$ | 621.54 million BoP, current US$ | 10 |
| 2000s | -126.83 million BoP, current US$ | -1.78 billion BoP, current US$ | 1.18 billion BoP, current US$ | 10 |
| 2010s | 1.47 billion BoP, current US$ | -2.01 billion BoP, current US$ | 4.28 billion BoP, current US$ | 10 |
| 2020s | 3.80 billion BoP, current US$ | 1.98 billion BoP, current US$ | 5.54 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Changes in inventories 236.30 million current LCU (2004)
- GDP 133.98 billion current LCU (2025)
- GDP 32.50 billion current US$ (2025)
- Gross fixed capital formation 712.14 million current US$ (2004)
- Gross fixed capital formation 2.29 billion current LCU (2004)
- Gross fixed capital formation -0.5% (2004)
- Gross value added at basic prices (GVA) 68.71 billion constant LCU (2024)
- Gross fixed capital formation 18.1% (2004)
- Changes in inventories 73.35 million current US$ (2004)
- Gross capital formation 20.0% (2004)
Frequently asked questions
- What is net financial account in Papua New Guinea?
- Net financial account in Papua New Guinea was 4.74 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Papua New Guinea?
- The highest recorded value was 5.54 billion BoP, current US$ in 2022.
- What is the lowest net financial account recorded in Papua New Guinea?
- The lowest recorded value was -2.01 billion BoP, current US$ in 2013.
- How does Papua New Guinea rank for net financial account?
- Papua New Guinea ranks 28th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Papua New Guinea?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.