Papua New Guinea Current Account Balance (% GDP) Statistics

20, Mar 2019, EDT.

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Country or Region: Papua New Guinea › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Papua New Guinea indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kina
Currency Symbol: PGK

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Papua New Guinea , Year 2015 - In Detail

Current Account Balance (% GDP) for Papua New Guinea in year 2015 is 2.756 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Papua New Guinea No. 35 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Papua New Guinea is 6.88 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Papua New Guinea was -4.23 % Current Account Balance (% GDP) for Papua New Guinea in 2015 was or will be 165.23% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Papua New Guinea was or will be 0.76 %, which is 72.57% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Papua New Guinea, in other Years
Year %
  2021 -0.52
  2020 0.117
  2019 0.842
  2018 1.582
  2017 3.623
  2016 0.756
2015 2.756
  2014 -4.225
  2013 -31.756
  2012 -53.562
  2011 -23.611
  2010 -21.517
  2009 -15.208
  2008 8.484
  2007 3.939
  2006 -1.679
  2005 13.95
  2004 0.364
  2003 2.611
  2002 0.163
  2001 5.842
  2000 7.515
  1999 1.001
  1998 -3.224
  1997 -7.684
  1996 4.425
  1995 20.419
  1994 12.568
  1993 12.412
  1992 1.606
  1991 -4.004
  1990 -2.86
  1989 -10.018
  1988 -9.204
  1987 -8.158
  1986 -4.399
  1985 -6.803
  1984 -13.508
  1983 -14.572
  1982 -11.617
  1981 -15.098
  1980 -8.312