Papua New Guinea Current Account  Forecast


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Current Account in Papua New Guinea is expected to be 1295.12 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 834.63 in 12 months time. In the long-term, the Papua New Guinea Current Account is projected to trend around 266.40 PGK Million 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 45 43.91 44.79 45.62 46.42 52.1