Personal remittances, received in Papua New Guinea
Papua New Guinea: Personal remittances, received was 3.87 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Papua New Guinea, 1976–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Papua New Guinea stood at 3.87 million current US$.
That represents a change of down 71.4% on the previous year and down 63.1% over ten years.
Over the whole period, personal remittances, received in Papua New Guinea peaked at 29.35 million current US$ in 2019 and was at its lowest, 2.30 million current US$, in 2020.
Papua New Guinea ranks 190th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.25 million current US$ | 8.72 million current US$ | 13.98 million current US$ | 4 |
| 1980s | 6.92 million current US$ | 4.31 million current US$ | 13.43 million current US$ | 10 |
| 1990s | 14.99 million current US$ | 5.44 million current US$ | 21.02 million current US$ | 10 |
| 2000s | 6.62 million current US$ | 4.41 million current US$ | 9.53 million current US$ | 10 |
| 2010s | 9.87 million current US$ | 2.69 million current US$ | 29.35 million current US$ | 10 |
| 2020s | 7.48 million current US$ | 2.30 million current US$ | 14.62 million 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 personal remittances, received in Papua New Guinea?
- Personal remittances, received in Papua New Guinea was 3.87 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Papua New Guinea?
- The highest recorded value was 29.35 million current US$ in 2019.
- What is the lowest personal remittances, received recorded in Papua New Guinea?
- The lowest recorded value was 2.30 million current US$ in 2020.
- How does Papua New Guinea rank for personal remittances, received?
- Papua New Guinea ranks 190th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Papua New Guinea?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.