Papua New Guinea - Current Account Balance 2024
14.99%
+5.88% from 2023
Papua New Guinea's current account balance was 14.99% in 2024, increased +5.88% from 9.07% in 2023. This was the 182nd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -31.49% | -269.3% |
| 2nd | Kyrgyz Republic | -25.29% | 43.7% |
| 3rd | Dominica | -23.24% | 32.0% |
| 4th | Palau | -22.23% | 54.5% |
| 5th | West Bank and Gaza | -21.14% | -62.5% |
| 6th | Bhutan | -20.01% | 45.9% |
| 7th | Grenada | -19.74% | -8.3% |
| 8th | Lebanon | -19.68% | 21.0% |
| 9th | Kiribati | -19.34% | -991.4% |
| 10th | Malawi | -18.78% | -8.3% |
| 11th | Maldives | -18.68% | 11.8% |
| 12th | Yemen, Republic of | -17.07% | -44.8% |
| 13th | Montenegro | -16.98% | -51.7% |
| 14th | Moldova | -16.55% | -46.0% |
| 15th | Vanuatu | -15.43% | -132.3% |
| 16th | Burundi | -15.41% | -4.2% |
| 17th | St. Kitts and Nevis | -15.08% | -30.5% |
| 18th | South Sudan | -13.92% | 24.5% |
| 19th | St. Vincent and the Grenadines | -13.53% | 19.9% |
| 20th | Rwanda | -12.68% | -10.3% |
| 21st | Senegal | -12.46% | 37.0% |
| 22nd | Mozambique | -10.96% | -0.3% |
| 23rd | Liberia | -10.91% | 56.7% |
| 24th | Mongolia | -10.45% | -1,849.6% |
| 25th | Mauritania | -9.53% | -9.2% |
| 26th | Somalia, Fed. Rep. | -9.19% | -3.1% |
| 27th | Central African Republic | -9.08% | -3.0% |
| 28th | Kosovo | -8.33% | -15.9% |
| 29th | Antigua and Barbuda | -8.22% | 39.2% |
| 30th | Guinea-Bissau | -8.19% | 4.7% |
| 31st | Cyprus | -8.16% | 28.1% |
| 32nd | Romania | -8.16% | -23.1% |
| 33rd | Seychelles | -8.11% | -25.3% |
| 34th | Uganda | -7.96% | -5.4% |
| 35th | Ukraine | -7.94% | -50.4% |
| 36th | Fiji | -7.81% | -17.9% |
| 37th | Greece | -7.11% | -6.1% |
| 38th | Mauritius | -7.03% | -36.7% |
| 39th | Tonga | -6.72% | -13.4% |
| 40th | Bahamas, The | -6.65% | 5.0% |
| 41st | Benin | -6.60% | 19.3% |
| 42nd | Niger | -5.99% | 56.8% |
| 43rd | Jordan | -5.86% | -63.8% |
| 44th | Egypt, Arab Republic of | -5.72% | -378.3% |
| 45th | Burkina Faso | -5.70% | -12.8% |
| 46th | Madagascar | -5.35% | -32.0% |
| 47th | Georgia | -5.22% | 5.9% |
| 48th | Uzbekistan | -4.97% | 34.6% |
| 49th | New Zealand | -4.65% | 32.8% |
| 50th | Mali | -4.64% | 38.9% |
| 51st | Slovak Republic | -4.61% | -176.0% |
| 52nd | Armenia | -4.60% | -66.1% |
| 53rd | Serbia | -4.56% | -94.3% |
| 54th | Barbados | -4.47% | 49.1% |
| 55th | Honduras | -4.45% | -14.6% |
| 56th | Botswana | -4.23% | -384.4% |
| 57th | Solomon Islands | -4.18% | 59.7% |
| 58th | Libya | -4.18% | -122.9% |
| 59th | Côte d'Ivoire | -4.17% | 48.9% |
| 60th | Gambia, The | -4.15% | 26.4% |
| 61st | United States | -4.12% | -23.5% |
| 62nd | Philippines | -3.96% | -39.6% |
| 63rd | Sierra Leone | -3.84% | 59.4% |
| 64th | Congo, Democratic Republic of | -3.83% | 38.2% |
| 65th | Bosnia and Herzegovina | -3.47% | -49.7% |
| 66th | Paraguay | -3.44% | -738.1% |
| 67th | Dominican Republic | -3.35% | 8.3% |
| 68th | Sudan | -3.27% | 12.8% |
| 69th | Equatorial Guinea | -3.26% | 6.6% |
| 70th | Togo | -3.18% | 21.0% |
| 71st | Cameroon | -3.15% | 23.1% |
| 72nd | Brazil | -3.03% | -137.4% |
| 73rd | Tanzania | -3.02% | 20.1% |
| 74th | Kazakhstan | -2.72% | 24.5% |
| 75th | Iceland | -2.61% | -153.4% |
| 76th | Bolivia, Plurinational State of | -2.56% | -1.8% |
| 77th | Belarus | -2.56% | -41.7% |
| 78th | St. Lucia | -2.52% | -58.3% |
| 79th | Albania | -2.40% | -99.0% |
| 80th | United Kingdom | -2.19% | 37.6% |
| 81st | Comoros | -2.16% | -43.7% |
| 82nd | North Macedonia | -2.10% | -651.2% |
| 83rd | Australia | -1.98% | -760.0% |
| 84th | Zambia | -1.93% | 36.6% |
| 85th | El Salvador | -1.79% | -64.5% |
| 86th | Colombia | -1.64% | 27.3% |
| 87th | Belize | -1.61% | -148.5% |
| 88th | Latvia | -1.57% | 59.0% |
| 89th | Guinea | -1.57% | 83.9% |
| 90th | Bulgaria | -1.54% | -71.8% |
| 91st | Tunisia | -1.51% | 43.9% |
| 92nd | Chile | -1.47% | 53.0% |
| 93rd | Saudi Arabia | -1.31% | -145.5% |
| 94th | Costa Rica | -1.31% | 8.5% |
| 95th | Kenya | -1.29% | 64.3% |
| 96th | Estonia | -1.26% | -0.9% |
| 97th | Morocco | -1.16% | -11.0% |
| 98th | Croatia | -1.13% | -374.5% |
| 99th | Myanmar | -1.08% | 43.3% |
| 100th | Algeria | -1.02% | -142.4% |
| 101st | Mexico | -0.90% | -28.8% |
| 102nd | India | -0.82% | -15.0% |
| 103rd | Uruguay | -0.78% | 77.0% |
| 104th | Türkiye | -0.75% | 79.1% |
| 105th | Finland | -0.67% | 18.8% |
| 106th | South Africa | -0.64% | 40.8% |
| 107th | Indonesia | -0.62% | -319.3% |
| 108th | Haiti | -0.58% | 83.5% |
| 109th | Canada | -0.46% | 26.4% |
| 110th | Belgium | -0.38% | 44.9% |
| 111th | Namibia | -0.01% | 99.9% |
| 112th | Congo, Republic of | 0.08% | -98.4% |
| 113th | France | 0.09% | 108.2% |
| 114th | Pakistan | 0.13% | 113.7% |
| 115th | Suriname | 0.21% | -95.1% |
| 116th | Poland | 0.30% | -82.8% |
| 117th | Bangladesh | 0.32% | 112.4% |
| 118th | Cambodia | 0.49% | -62.4% |
| 119th | Argentina | 0.89% | 127.9% |
| 120th | Chad | 1.05% | -34.2% |
| 121st | Italy | 1.08% | 684.4% |
| 122nd | Micronesia, Federated States of | 1.09% | -72.0% |
| 123rd | Zimbabwe | 1.21% | 296.9% |
| 124th | Sri Lanka | 1.22% | -58.5% |
| 125th | Austria | 1.53% | 14.2% |
| 126th | Hungary | 1.58% | 402.2% |
| 127th | Eswatini | 1.61% | -31.9% |
| 128th | Malaysia | 1.69% | 54.1% |
| 129th | Czechia | 1.74% | 1,669.8% |
| 130th | Panama | 1.93% | 162.7% |
| 131st | Ghana | 2.04% | 227.5% |
| 132nd | Portugal | 2.08% | 277.8% |
| 133rd | Thailand | 2.21% | 57.6% |
| 134th | Peru | 2.21% | 581.9% |
| 135th | China | 2.26% | 56.8% |
| 136th | Trinidad and Tobago | 2.52% | -78.6% |
| 137th | Israel | 2.86% | -8.1% |
| 138th | Oman | 2.86% | 24.8% |
| 139th | Guatemala | 2.89% | -6.2% |
| 140th | Russian Federation | 2.91% | 21.5% |
| 141st | Iraq | 2.99% | -60.3% |
| 142nd | Jamaica | 3.08% | 15.4% |
| 143rd | Spain | 3.18% | 16.5% |
| 144th | Iran, Islamic Republic of | 3.20% | 57.1% |
| 145th | Lao PDR | 3.22% | 19.5% |
| 146th | Lithuania | 3.27% | 197.2% |
| 147th | Cabo Verde | 3.91% | 246.2% |
| 148th | Nepal | 3.91% | 545.1% |
| 149th | Lesotho | 3.93% | 568.2% |
| 150th | Gabon | 3.96% | -50.8% |
| 151st | Nicaragua | 4.15% | -49.5% |
| 152nd | Turkmenistan | 4.39% | -25.8% |
| 153rd | Luxembourg | 4.40% | -20.2% |
| 154th | Slovenia | 4.55% | -4.2% |
| 155th | Japan | 4.82% | 30.1% |
| 156th | Bahrain | 4.84% | -17.1% |
| 157th | São Tomé and Principe | 5.05% | 141.1% |
| 158th | Korea | 5.28% | 196.9% |
| 159th | Samoa | 5.58% | 287.9% |
| 160th | Ecuador | 5.66% | 191.8% |
| 161st | Germany | 5.77% | 4.6% |
| 162nd | Viet Nam | 5.89% | -7.6% |
| 163rd | Sweden | 5.92% | 1.9% |
| 164th | Nauru | 5.98% | 374.6% |
| 165th | Tajikistan | 6.24% | 30.5% |
| 166th | Angola | 6.25% | 67.9% |
| 167th | Azerbaijan | 6.29% | -45.3% |
| 168th | Nigeria | 6.82% | 417.8% |
| 169th | Malta | 7.12% | 13.2% |
| 170th | Tuvalu | 7.28% | -81.8% |
| 171st | Switzerland | 7.69% | 31.4% |
| 172nd | Netherlands | 9.13% | -3.1% |
| 173rd | Aruba | 9.53% | 70.9% |
| 174th | Denmark | 12.28% | 11.6% |
| 175th | Hong Kong SAR, China | 12.92% | 51.9% |
| 176th | Marshall Islands | 13.97% | -17.0% |
| 177th | United Arab Emirates | 14.48% | 10.4% |
| 178th | Brunei Darussalam | 14.53% | 12.9% |
| 179th | Liechtenstein | 14.65% | -5.6% |
| 180th | Djibouti | 14.69% | -18.7% |
| 181st | Norway | 14.82% | -14.8% |
| 182nd | Papua New Guinea | 14.99% | 64.6% |
| 183rd | Andorra | 16.06% | 13.0% |
| 184th | Guyana | 16.44% | 65.6% |
| 185th | Qatar | 17.29% | 1.0% |
| 186th | Ireland | 17.40% | 147.3% |
| 187th | Singapore | 17.54% | -0.8% |
| 188th | San Marino | 18.32% | -16.7% |
| 189th | Kuwait | 29.15% | -6.2% |
| 190th | Macao SAR, China | 36.29% | 15.6% |
FAQ
What was Papua New Guinea's current account balance in 2024?▾
Papua New Guinea's current account balance in 2024 was 14.99%. This ranked 182nd globally.
How did Papua New Guinea's current account balance change in 2024?▾
Papua New Guinea's current account balance increased by 64.6% in 2024 compared to 2023.
Which country had the highest current account balance in 2024?▾
Macao SAR, China had the highest current account balance in 2024 at 36.29%.
What is the current account balance of Papua New Guinea in 2024?▾
The current account balance of Papua New Guinea in 2024 was 14.99%. This ranked 182nd globally.
How does 2024 compare to 2023 for Papua New Guinea's current account balance?▾
Papua New Guinea's current account balance went from 9.07% in 2023 to 14.99% in 2024, a 64.6% increase.
Related
2023
2025
All years
Full ranking 2024
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 2017
Lowest: 1981
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking