Papua New Guinea recorded a Current Account surplus of 17.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Papua New Guinea averaged 8.53 percent of GDP from 1994 until 2024, reaching an all time high of 24.70 percent of GDP in 2016 and a record low of -16.60 percent of GDP in 2013. source: Department of Treasury
Current Account to GDP in Papua New Guinea is expected to reach 22.50 percent of GDP by the end of 2026, 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 22.70 percent of GDP in 2027 and 24.20 percent of GDP in 2028, according to our econometric models.