Papua New Guinea recorded a Current Account surplus of 5882 PGK Million in the second quarter of 2021. source: Bank of Papua New Guinea

Current Account in Papua New Guinea averaged 1130.07 PGK Million from 1997 until 2021, reaching an all time high of 6356 PGK Million in the third quarter of 2019 and a record low of -2266 PGK Million in the fourth quarter of 2013. This page provides - Papua New Guinea Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Current Account - values, historical data and charts - was last updated on June of 2022.

Current Account in Papua New Guinea is expected to be 1300.02 PGK Million 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 is projected to trend around 1312.38 PGK Million in 2023 and 1312.93 PGK Million in 2024, according to our econometric models.

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Papua New Guinea Current Account

Related Last Previous Unit Reference
Balance of Trade 6832.00 5797.00 PGK Million Jun 2021
Current Account 5882.00 3720.00 PGK Million Jun 2021
Exports 9434.00 7873.00 PGK Million Jun 2021
Imports 2602.00 2076.00 PGK Million Jun 2021
Foreign Direct Investment 53.00 117.00 PGK Million Jun 2021
Capital Flows -5401.00 -5008.00 PGK Million Jun 2021

Papua New Guinea Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
5882.00 3720.00 6356.00 -2266.00 1997 - 2021 PGK Million Quarterly