Papua New Guinea Current Account to GDP  Forecast


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Current Account to GDP in Papua New Guinea is expected to be 3.70 percent by the end of this quarter, 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 -1.00 percent in 2020, according to our econometric models.


Papua New Guinea Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 5228 4569 4337 4123 3924 2683
Exports 6603 6213 6161 6144 6080 5630
Imports 1375 980 890 1148 910 1123
Current Account 1772 1295 1114 963 835 266
Current Account to GDP 15.3 3.7 3 3 14.02 -1
Gold Reserves 1.96 1.96 1.96 1.96 1.96 1.96
Terrorism Index 0 0.03 0.04 0.06 0.08 0.46
Crude Oil Production 51 43.91 44.79 45.62 46.42 52.1