Current account balance in Papua New Guinea

The current account balance of Papua New Guinea was 15.5% of GDP in 2024. The value for 2024 is the highest since 2017.

Measure: Current account balance (World Bank) Unit: % of GDP Data: 1976 to 2024 Source: World Bank
Papua New Guinea, 2024 15.5% % of GDP
Change from 2023 +6.4percentage points 2023: 9.1%
Position in 2024 10th of 168 See the full ranking

Current account balance in Papua New Guinea over time

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Papua New Guinea

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Current account balance (World Bank) (% of GDP), 2001 to 2024
Period Papua New Guinea
2024 15.5%
2023 9.1%
2022 14.4%
2021 12.6%
2020 14.3%
2019 14.4%
2018 13.6%
2017 15.9%
2016 13.6%
2015 11.2%
2014 12.1%
2013 -16.2%
2012 -10.8%
2011 -1.1%
2010 -4.5%
2009 -5.1%
2008 6.8%
2007 1.9%
2006 5.3%
2005 13.4%
2004 4.8%
2003 4.0%
2002 -0.8%
2001 9.3%

A dash means no value was published for that period.

In short

  • That is a change of +6.4 percentage points from 9.1% in 2023.
  • Since 2014, when it was 12.1%, the figure has changed by +3.3 percentage points.
  • Among the 168 countries with data for 2024, Papua New Guinea has the 10th highest value.

More for Papua New Guinea

All statistics for Papua New Guinea

Source and dates

Original producer
International Monetary Fund, Balance of Payments Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
BN.CAB.XOKA.GD.ZS · dataset details · view at source
Observation period
1976 to 2024 for Papua New Guinea
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: International Monetary Fund, Balance of Payments Statistics