Papua New Guinea - Current account balance as a share of GDP

22.9 (%) in 2021

In 2021, current account balance as a share of GDP for Papua New Guinea was 22.9 %. Though Papua New Guinea current account balance as a share of GDP fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 22.9 % in 2021.

The description is composed by our digital data assistant.
What is current account balance as a share of GDP?

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.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

Explore

What is Papua New Guinea current account balance as a share of GDP?