Papua New Guinea recorded a Current Account surplus of 16.90 percent of the country's Gross Domestic Product in 2020. source: Department of Treasury
Current Account to GDP in Papua New Guinea averaged 6.83 percent from 1994 until 2020, reaching an all time high of 24.70 percent in 2016 and a record low of -16.60 percent in 2013. This page provides - Papua New Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Current Account to GDP - values, historical data and charts - was last updated on August of 2021.
Current Account to GDP in Papua New Guinea is expected to reach 18.60 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Current Account to GDP is projected to trend around 19.50 percent in 2022 and 18.40 percent in 2023, according to our econometric models.