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Country or Region: Papua New Guinea › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Papua New Guinea indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
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. Source: Central Bank. Some Treasury data as well Latest actual data: 2010 BOP Manual used: Primary domestic currency: Papua New Guinea kina Data last updated: 03/2011

Current Account Balance (US Dollars) for Papua New Guinea in year 2010 is US$ -2.293 Billion

This makes Papua New Guinea No. 146 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Papua New Guinea is US$ 9.05 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Papua New Guinea was US$ -0.62 Billion Current Account Balance (US Dollars) for Papua New Guinea in 2010 was or will be 272.85% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Papua New Guinea was or will be US$-2.65 Billion, which is 15.74% more than the 2010 figure.