Papua New Guinea Current Account - Forecast

Current Account in Papua New Guinea is expected to be 871.20 PGK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Papua New Guinea to stand at 793.48 in 12 months time. In the long-term, the Papua New Guinea Current Account is projected to trend around 781.13 PGK Million in 2020, according to our econometric models.


Papua New Guinea Current Account
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Papua New Guinea Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 6699 6631 6821 6606 6800 6684
Exports 8264 7937 8258 7989 8233 8146
Imports 1565 1306 1327 1382 1433 1462
Current Account 316 871 828 805 793 781
Current Account to GDP 15.3 3 23 2.5 2.5 -1
Gold Reserves 2 2 2 2 2 2
Terrorism Index 0 0 0 0 0 0
Crude Oil Production 28 38.96 39.09 38.96 38.93 38.94