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Papua New Guinea Current Account Value and percent from GDP

Papua New Guinea Current Account Data

Indicator Data Period
Current Account to GDP 22.1 % 2022
Current Account 9479 PGK Million | 2.537 B USD Mar/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Papua New Guinea - Historical Data (%)

What is ratio of Papua New Guinea Current Account to GDP?

  • The surplus of Current Account to GDP in Papua New Guinea increased to 22.1 % in 2022. The maximum surplus was 24.7 % and deficit was -16.6 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
22.1 2022 13.04.2023
18.6 2021 02.08.2022
16.9 2020 20.04.2021
26.7 2018 04.07.2019


Historical Chart by governors (%)

Current Account to GDP in Papua New Guinea by governors

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Current Account (PGK Million)

Current Account
                     Papua New Guinea - Historical Data (PGK Million)

What is Papua New Guinea Current Account Deficit?

  • The surplus of Current Account in Papua New Guinea increased to 9479 PGK Million (2.537 B USD) in March 2023. The maximum value was 6342 PGK Million and minimum was -2266 PGK Million.
  • Data published Monthly by Central Bank.

Historical Data (PGK Million) by years

Data
Period
Date
9479 Mar/23 14.08.2023
10712 Dec/22 26.05.2023
7292 Sep/22 27.03.2023
8453 Jun/22 07.11.2022
6663 Mar/22 21.10.2022
6917 Dec/21 02.08.2022
5882 Jun/21 14.02.2022
3714 Mar/21 28.10.2021


Historical Chart by governors (PGK Million)

Current Account in Papua New Guinea by governors

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Robert Dadae 28.02.2017 - 1873.3000 343.1000 1873.3000 343.0000 -81.68%
Michael Ogio 25.02.2011 - 28.02.2017 87.0000 1873.3000 4387.0000 -2266.0000 2053.22%
Paulias Matane 29.01.2004 - 13.12.2010 20.0000 -236.0000 928.0000 -876.0000 -1280.00%
Silas Atopare 20.11.1997 - 20.11.2003 -234.0000 221.0000 407.0000 -388.0000 -194.44%

Other trade indicators in Papua New Guinea

Index Updated Actual Previous
Balance of Trade 1Q/23 2.7 B USD 2.806
Exports 1Q/23 3.171 B USD 3.465
Foreign Exchange Reserves Apr/23 3.86 B USD 3.918
Imports 1Q/23 0.47 B USD 0.658

Current Account to GDP in other countries

Country Updated Actual Previous
Australia 2023 1.2 % 1.9
New Zealand 2022 -8.9 % -6
Papua New Guinea 2022 22.1 % 20
Fiji 2022 -12.1 % -13.2