PAPUA NEW GUINEA CURRENT ACCOUNT BALANCE IN PERCENT OF GDP


THE CURRENT ACCOUNT BALANCE IN PERCENT OF GDP IN PAPUA NEW GUINEA WAS REPORTED AT -6.84 PERCENT OF GDP IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, PAPUA NEW GUINEA'S CURRENT ACCOUNT BALANCE IN PERCENT OF GDP IS EXPECTED TO BE 5.63 PERCENT 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. IN 2009, PAPUA NEW GUINEA'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.02 PERCENT. IN 2015, PAPUA NEW GUINEA'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.02 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR PAPUA NEW GUINEA'S CURRENT ACCOUNT BALANCE IN PERCENT OF GDP.



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IMF Data Specifications


CountryPapua New Guinea
Subject DescriptorCurrent account balance
Subject NotesCurrent 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.
UnitsPercent of GDP
Scale 
Country/Series-specific NotesSee notes for: Gross domestic product; current prices (National currency) Current account balance (U.S. dollars).
Estimates Start After2008
TitlePapua New Guinea Current account balance in percent of GDP
KeywordsPapua New Guinea Current account balance in percent of GDP, Papua New Guinea Current account balance in percent of GDP data,Papua New Guinea Current account balance in percent of GDP chart,Papua New Guinea Current account balance in percent of GDP historical data,Papua New Guinea Current account balance in percent of GDP graph,Papua New Guinea Current account balance in percent of GDP forecast.