Papua New Guinea - Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Papua New Guinea was 1,072,984,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,256,739,000 in 2018 and a minimum value of -114,546,900 in 1989.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 142,864,000
1971 156,942,600
1972 138,385,500
1973 125,819,100
1974 145,192,300
1975 83,188,800
1976 68,310,100
1977 136,102,400
1978 117,681,900
1979 111,290,200
1980 107,903,600
1981 103,799,900
1982 101,824,400
1983 132,902,400
1984 149,203,900
1985 129,000,000
1986 130,057,100
1987 -94,896,400
1988 -107,990,800
1989 -114,546,900
1990 -101,994,000
1991 -61,023,200
1992 212,855,700
1993 72,508,900
1994 86,204,700
1995 174,104,800
1996 218,806,800
1997 282,317,500
1998 468,626,800
1999 441,450,100
2000 495,331,400
2001 479,793,600
2002 763,972,200
2003 835,463,700
2004 585,389,400
2006 599,756,300
2007 742,226,100
2008 435,500,000
2009 476,600,000
2010 516,400,000
2011 580,300,000
2012 248,000,000
2013 297,100,000
2014 282,900,000
2015 294,801,000
2016 732,576,000
2017 649,193,100
2018 1,256,739,000
2019 1,119,897,000
2020 1,072,984,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts