Total current account debit/expenditure, Debit/Expenditure in Papua New Guinea
Papua New Guinea: Total current account debit/expenditure, Debit/Expenditure was 9.18 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Papua New Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Papua New Guinea stood at 9.18 billion.
That represents a change of down 15.8% on the previous year and up 36.0% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Papua New Guinea peaked at 10.90 billion in 2023 and was at its lowest, 3.35 billion, in 2005.
Papua New Guinea ranks 129th of 197 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.
Total current account debit/expenditure, Debit/Expenditure in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.35 billion | — |
| 2006 | 4.48 billion | +33.6% |
| 2007 | 5.44 billion | +21.6% |
| 2008 | 5.85 billion | +7.5% |
| 2009 | 5.60 billion | -4.3% |
| 2010 | 7.18 billion | +28.1% |
| 2011 | 8.16 billion | +13.6% |
| 2012 | 9.71 billion | +19.0% |
| 2013 | 10.41 billion | +7.2% |
| 2014 | 6.75 billion | -35.2% |
| 2015 | 6.58 billion | -2.5% |
| 2016 | 4.97 billion | -24.5% |
| 2017 | 6.67 billion | +34.4% |
| 2018 | 7.50 billion | +12.4% |
| 2019 | 8.34 billion | +11.2% |
| 2020 | 6.20 billion | -25.6% |
| 2021 | 8.32 billion | +34.2% |
| 2022 | 10.80 billion | +29.8% |
| 2023 | 10.90 billion | +0.9% |
| 2024 | 9.18 billion | -15.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.95 billion | 3.35 billion | 5.85 billion | 5 |
| 2010s | 7.62 billion | 4.97 billion | 10.41 billion | 10 |
| 2020s | 9.08 billion | 6.20 billion | 10.90 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 total current account debit/expenditure, debit/expenditure in Papua New Guinea?
- Total current account debit/expenditure, debit/expenditure in Papua New Guinea was 9.18 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Papua New Guinea?
- The highest recorded value was 10.90 billion in 2023.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Papua New Guinea?
- The lowest recorded value was 3.35 billion in 2005.
- How does Papua New Guinea rank for total current account debit/expenditure, debit/expenditure?
- Papua New Guinea ranks 129th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is up 36.0%. 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 Total current account debit/expenditure, 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.