Papua New Guinea Current Account Balance (US Dollars) Statistics

22, Jul 2018, EDT.

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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: 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. Source: Central Bank. Some Treasury data as well Latest actual data: 2013 BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Papua New Guinea kina Data last updated: 03/2016

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

Current Account Balance (US Dollars) for Papua New Guinea in year 2015 is US$ 0.444 Billion. 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. 42 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Papua New Guinea is US$ 6.60 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Papua New Guinea was US$ -0.70 Billion Current Account Balance (US Dollars) for Papua New Guinea in 2015 was or will be 163.16% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Papua New Guinea was or will be US$0.12 Billion, which is 73.42% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Papua New Guinea, in other Years
Year US$ Billion
  2021 -0.116
  2020 0.024
  2019 0.162
  2018 0.284
  2017 0.615
  2016 0.118
2015 0.444
  2014 -0.703
  2013 -4.895
  2012 -8.244
  2011 -3.04
  2010 -2.091
  2009 -1.233
  2008 0.679
  2007 0.25
  2006 -0.093
  2005 0.679
  2004 0.015
  2003 0.097
  2002 0.005
  2001 0.179
  2000 0.263
  1999 0.034
  1998 -0.121
  1997 -0.378
  1996 0.228
  1995 0.988
  1994 0.687
  1993 0.618
  1992 0.07
  1991 -0.152
  1990 -0.092
  1989 -0.355
  1988 -0.337
  1987 -0.215
  1986 -0.105
  1985 -0.15
  1984 -0.321
  1983 -0.375
  1982 -0.299
  1981 -0.41
  1980 -0.23