Services, Debit/Expenditure in Papua New Guinea
Papua New Guinea: Services, Debit/Expenditure was 2.40 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Papua New Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Papua New Guinea is 2.40 billion, measured in 2024.
The figure is down 15.6% on the previous year and up 4.3% over ten years.
Over the whole period, services, debit/expenditure in Papua New Guinea peaked at 3.90 billion in 2013 and was at its lowest, 1.17 billion, in 2005.
Papua New Guinea ranks 115th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.17 billion | — |
| 2006 | 1.48 billion | +26.7% |
| 2007 | 1.82 billion | +23.2% |
| 2008 | 1.75 billion | -3.9% |
| 2009 | 1.85 billion | +5.5% |
| 2010 | 2.76 billion | +49.4% |
| 2011 | 2.98 billion | +8.0% |
| 2012 | 3.73 billion | +25.3% |
| 2013 | 3.90 billion | +4.5% |
| 2014 | 2.30 billion | -41.1% |
| 2015 | 1.97 billion | -14.3% |
| 2016 | 1.49 billion | -24.5% |
| 2017 | 1.99 billion | +33.9% |
| 2018 | 2.19 billion | +9.7% |
| 2019 | 2.11 billion | -3.7% |
| 2020 | 1.69 billion | -19.6% |
| 2021 | 2.06 billion | +21.8% |
| 2022 | 2.69 billion | +30.4% |
| 2023 | 2.84 billion | +5.6% |
| 2024 | 2.40 billion | -15.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.40 billion is above the median for lower middle income countries, which is 2.37 billion, 1.0× the median. (46 countries reporting)
- Papua New Guinea's 2.40 billion is above the median for East Asia & Pacific, which is 2.40 billion, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.61 billion | 1.17 billion | 1.85 billion | 5 |
| 2010s | 2.54 billion | 1.49 billion | 3.90 billion | 10 |
| 2020s | 2.34 billion | 1.69 billion | 2.84 billion | 5 |
Countries ranked near Papua New Guinea
More trade data for Papua New Guinea
- Commodity Net Export Price Index, Individual Commodities Weighted by 111.73 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.39 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.6 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 106.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.25 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.44 (2025)
- Imports of low carbon technology products, Percent of GDP 1.05 (2023)
- Imports of low carbon technology products, US dollar (World), per 30.99 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0104 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 18.17 million (2023)
Frequently asked questions
- What is services, debit/expenditure in Papua New Guinea?
- Services, debit/expenditure in Papua New Guinea was 2.40 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Papua New Guinea?
- The highest recorded value was 3.90 billion in 2013.
- What is the lowest services, debit/expenditure recorded in Papua New Guinea?
- The lowest recorded value was 1.17 billion in 2005.
- How does Papua New Guinea rank for services, debit/expenditure?
- Papua New Guinea ranks 115th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.