Papua New Guinea - Net capital account
Net capital account (BoP, current US$)
The latest value for Net capital account (BoP, current US$) in Papua New Guinea was $37,178,760 as of 2010. Over the past 5 years, the value for this indicator has fluctuated between $44,164,770 in 2006 and $18,554,950 in 2008.
Definition: Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
Sub-Topic: Balance of payments