Papua New Guinea - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Papua New Guinea was $310,111,100 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $381,581,600 in 2018 and ($133,380,200) in 1989.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $160,000,000
1971 $177,778,200
1972 $165,731,100
1973 $178,694,900
1974 $208,400,000
1975 $108,900,100
1976 $86,163,100
1977 $171,976,800
1978 $166,006,400
1979 $156,350,400
1980 $160,834,100
1981 $154,234,600
1982 $137,880,000
1983 $158,955,200
1984 $166,040,400
1985 $128,961,300
1986 $133,886,200
1987 ($104,523,000)
1988 ($124,542,500)
1989 ($133,380,200)
1990 ($106,752,900)
1991 ($64,100,000)
1992 $220,667,300
1993 $74,109,670
1994 $85,775,820
1995 $130,298,500
1996 $166,014,300
1997 $196,860,400
1998 $227,566,100
1999 $173,867,700
2000 $179,156,300
2001 $142,190,600
2002 $196,606,200
2003 $235,096,900
2004 $181,702,000
2006 $196,210,400
2007 $250,303,900
2008 $161,290,300
2009 $172,988,300
2010 $189,901,800
2011 $244,749,100
2012 $119,024,800
2013 $132,368,000
2014 $114,934,600
2015 $106,487,900
2016 $233,825,700
2017 $203,585,400
2018 $381,581,600
2019 $330,596,900
2020 $310,111,100

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Papua New Guinea was 1,072,984,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,256,739,000 in 2018 and a minimum value of -114,546,900 in 1989.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 142,864,000
1971 156,942,600
1972 138,385,500
1973 125,819,100
1974 145,192,300
1975 83,188,800
1976 68,310,100
1977 136,102,400
1978 117,681,900
1979 111,290,200
1980 107,903,600
1981 103,799,900
1982 101,824,400
1983 132,902,400
1984 149,203,900
1985 129,000,000
1986 130,057,100
1987 -94,896,400
1988 -107,990,800
1989 -114,546,900
1990 -101,994,000
1991 -61,023,200
1992 212,855,700
1993 72,508,900
1994 86,204,700
1995 174,104,800
1996 218,806,800
1997 282,317,500
1998 468,626,800
1999 441,450,100
2000 495,331,400
2001 479,793,600
2002 763,972,200
2003 835,463,700
2004 585,389,400
2006 599,756,300
2007 742,226,100
2008 435,500,000
2009 476,600,000
2010 516,400,000
2011 580,300,000
2012 248,000,000
2013 297,100,000
2014 282,900,000
2015 294,801,000
2016 732,576,000
2017 649,193,100
2018 1,256,739,000
2019 1,119,897,000
2020 1,072,984,000

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Papua New Guinea was 477,075,800 as of 1998. As the graph below shows, over the past 28 years this indicator reached a maximum value of 8,269,676,000 in 1994 and a minimum value of -40,057,570,000 in 1971.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 -38,522,230,000
1971 -40,057,570,000
1972 -33,260,570,000
1973 -28,095,600,000
1974 -28,911,090,000
1975 -14,488,910,000
1976 -10,710,220,000
1977 -20,071,390,000
1978 -16,844,280,000
1979 -14,621,420,000
1980 -12,592,120,000
1981 -11,052,720,000
1982 -10,180,260,000
1983 -11,655,290,000
1984 -12,339,850,000
1985 -10,253,840,000
1986 -9,865,827,000
1987 6,856,271,000
1988 7,412,631,000
1989 7,495,987,000
1990 6,269,415,000
1991 3,506,968,000
1992 3,333,325,000
1993 7,123,238,000
1994 8,269,676,000
1995 6,947,565,000
1996 3,146,226,000
1997 1,976,183,000
1998 477,075,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts