Papua New Guinea Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Papua New Guinea's current account balance was 10.77% in 2025, ranked 16th globally. This represents a 28.1% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Papua New Guinea's current account balance stood at 10.77% in 2025, a decline of +4.22% from 2024. The IMF projects 10.77% by 2025. Papua New Guinea ranked 16th globally.
Papua New Guinea's current account balance has exhibited a mixed trend over the past 50 years, with fluctuations between significant surpluses and deficits. The country's all-time peak of 15.90 in 2017 was a notable achievement, surpassing that of other nations such as Qatar, which ranked 10.83 in 2025. Conversely, Papua New Guinea experienced a substantial deficit in 1981, with a current account balance of -19.39. The latest value of 10.77 in 2025 indicates a resurgence in the country's trade performance. The data suggests that Papua New Guinea's current account balance has been volatile, with periods of significant surplus and deficit. The country's trade dynamics are likely influenced by its natural resource exports, which can contribute to fluctuations in the balance. A sustained increase in commodity prices or a shift in the country's export mix could potentially alter the trajectory of Papua New Guinea's current account balance, potentially leading to further growth in the surplus.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 11.48% | - | - |
| 2029* IMF | 10.68% | - | - |
| 2028* IMF | 11.80% | - | - |
| 2027* IMF | 11.33% | - | - |
| 2026* IMF | 12.65% | - | - |
| 2025* IMF | 10.77% | - | - |
| 2025 | 10.77% | −4.22% | #16 |
| 2024 | 14.99% | +5.88% | #182 |
| 2023 | 9.07% | −5.36% | #175 |
| 2022 | 14.43% | +1.85% | #180 |
| 2021 | 12.58% | −1.78% | #182 |
| 2020 | 14.34% | −0.04% | #185 |
| 2019 | 14.38% | +0.76% | #185 |
| 2018 | 13.63% | −2.26% | #183 |
| 2017 | 15.90% | +2.26% | #189 |
| 2016 | 13.63% | +2.56% | #192 |
| 2015 | 11.21% | −1.18% | #186 |
| 2014 | 12.14% | +36.05% | #182 |
| 2013 | -16.23% | +3.76% | #15 |
| 2012 | -10.79% | −1.18% | #36 |
| 2011 | -1.10% | +8.75% | #125 |
Detected Pattern
Analysis
Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's current account balance was 10.77% in 2025. Ranked 16th globally. This represents a 28.1% decrease from the previous year.
Papua New Guinea's current account balance peaked at 15.90% in 2017.
The lowest current account balance in Papua New Guinea was -19.39% in 1981.
Papua New Guinea ranks 16th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Papua New Guinea's current account balance is projected to reach 10.77% by 2025 based on IMF projection.
The current account balance of Papua New Guinea in 2025 was 10.77%. This ranks 16th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_current-account,
title = {Papua New Guinea Current Account Balance},
url = {https://historysaid.com/papua-new-guinea/current-account/},
publisher = {HistorySaid},
year = {2026}
}