Papua New Guinea Current Account  Forecast


Current Account in Papua New Guinea is expected to be 1330.52 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 1256.20 in 12 months time. In the long-term, the Papua New Guinea Current Account is projected to trend around 1253.80 PGK Million in 2020, according to our econometric models.


Papua New Guinea Current Account
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Papua New Guinea Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 5892 6244 6222 6275 6227 6260
Exports 6971 6713 6891 6810 6886 6850
Imports 1079 1120 1134 780 1199 1003
Current Account 1873 1331 1270 1268 1256 1254
Current Account to GDP 4.6 3.7 3.7 3 3 -1
Gold Reserves 1.96 1.96 1.96 1.96 1.96 1.96
Crude Oil Production 45 36.52 36.52 36.52 36.52 36.52
Terrorism Index 0 0 0 0 0 0