Home → Papua New Guinea → Trade → Remittances Received

Papua New Guinea Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Papua New Guinea's remittances received was $11.5M in 2025, ranked 178th globally. This represents a 198.5% increase from 2024. Data from World Bank, covering 1976–2025.

$11.5M +$7.7M (+198.5%)
Year 2025 Rank #178 Global Peak $29.3M (2019) Source World Bank

Papua New Guinea Remittances Received (1976–2025)

Overview

Papua New Guinea's remittances received stood at $11.5M in 2025, a rise of +$7.7M from 2024. Based on recent trends, this figure is projected to reach $11.5M by 2025. Papua New Guinea ranked 178th globally.

Papua New Guinea's remittances received have fluctuated significantly over the past five decades. At its all-time peak in 2019, the country saw a substantial influx of remittances amounting to 29,347,869.50. However, the COVID-19 pandemic had a devastating impact on remittances, with the value plummeting to an all-time trough of 2,297,151.00 in 2020. Although the country has made a partial recovery, the latest available data for 2025 indicates that remittances received stand at 11,540,585.00, ranking 178 globally. This is lower than some of its peer countries, such as Seychelles, which received 12,505,458.86 in remittances in 2025. The country's reliance on remittances highlights the importance of stabilizing its economy and improving labor market conditions to attract and retain skilled workers. A significant increase in foreign investment or a robust economic expansion could potentially alter this trajectory and boost remittances in the future.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $14.2M - -
2026* trend $12.9M - -
2025* trend $11.5M - -
2025 $11.5M +$7.7M #178
2024 $3.9M −$9.6M #3
2023 $13.5M −$1.1M #9
2022 $14.6M +$11.5M #9
2021 $3.1M +$806,705 #4
2020 $2.3M −$27.1M #3
2019 $29.3M +$25.7M #17
2018 $3.6M −$615,438 #4
2017 $4.3M +$1.6M #5
2016 $2.7M −$1.3M #4
2015 $3.9M −$6.5M #4
2014 $10.5M −$3.8M #8
2013 $14.3M +$26,478 #10
2012 $14.3M +$2.0M #10
2011 $12.3M +$8.8M #12
Show all years (1976-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Papua New Guinea's remittances received?▾

Papua New Guinea's remittances received was $11.5M in 2025. Ranked 178th globally. This represents a 198.5% increase from the previous year.

What was the highest remittances received in Papua New Guinea?▾

Papua New Guinea's remittances received peaked at $29.3M in 2019.

What was the lowest remittances received in Papua New Guinea?▾

The lowest remittances received in Papua New Guinea was $2.3M in 2020.

How does Papua New Guinea rank in remittances received?▾

Papua New Guinea ranks 178th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Papua New Guinea in 2025?▾

Papua New Guinea's remittances received is projected to reach $11.5M by 2025 based on trend extrapolation.

What is Papua New Guinea's remittances received in million?▾

Papua New Guinea's remittances received was approximately 11.54 million ($11.5M) in 2025.

What is the remittances received of Papua New Guinea in 2025?▾

The remittances received of Papua New Guinea in 2025 was $11.5M. This ranks 178th in the world.

Cite this page

APA
Papua New Guinea Remittances Received. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/papua-new-guinea/remittances/
BibTeX
@misc{historysaid_papua-new-guinea_remittances, title = {Papua New Guinea Remittances Received}, url = {https://historysaid.com/papua-new-guinea/remittances/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub