Papua New Guinea—Current Account Balance (USD)
Papua New Guinea's current account balance (USD) was $4.77B in 2024, ranking #32 out of 184 countries. This represents a +70.6% change from 2023. Over the past 25 years, the highest recorded value was $4.77B (2024) and the lowest was $-3.45B (2013). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $4.77B | +70.6% |
| 2023 | $2.79B | -38.8% |
| 2022 | $4.57B | +39.1% |
| 2021 | $3.28B | -4.0% |
| 2020 | $3.42B | -3.9% |
| 2019 | $3.56B | +8.3% |
| 2018 | $3.29B | -9.1% |
| 2017 | $3.62B | +27.8% |
| 2016 | $2.83B | +16.2% |
| 2015 | $2.43B | -13.6% |
| 2014 | $2.82B | +181.7% |
| 2013 | $-3.45B | -50.2% |
| 2012 | $-2.30B | -1061.0% |
| 2011 | $-197.9M | +69.2% |
| 2010 | $-642.5M | -8.6% |
| 2009 | $-591.6M | -174.4% |
| 2008 | $795.1M | +339.7% |
| 2007 | $180.8M | -59.0% |
| 2006 | $440.8M | -32.1% |
| 2005 | $649.7M | +245.3% |
| 2004 | $188.2M | +32.4% |
| 2003 | $142.1M | +665.6% |
| 2002 | $-25.1M | -108.8% |
| 2001 | $286.1M | -18.4% |
| 2000 | $350.7M |
Top Countries — Current Account Balance (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $735.02B | 2025 |
| 2 | Germany | $227.59B | 2025 |
| 3 | Japan | $215.77B | 2025 |
| 4 | Korea, Rep. | $123.05B | 2025 |
| 5 | Netherlands | $110.92B | 2024 |
| 6 | Ireland | $105.99B | 2024 |
| 7 | Singapore | $100.93B | 2025 |
| 8 | United Arab Emirates | $79.97B | 2024 |
| 9 | Norway | $74.13B | 2025 |
| 10 | Switzerland | $72.88B | 2025 |
About This Indicator
Definition
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.
Methodology
Data compiled by Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
BoP, current US dollars