Papua New Guinea - Net income from abroad

Net income from abroad (current US$)

The latest value for Net income from abroad (current US$) in Papua New Guinea was ($270,293,100) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between ($1,904,133) in 1967 and ($1,719,816,000) in 2013.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.

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

See also:

Year Value
1960 ($2,463,776)
1961 ($2,799,777)
1962 ($2,127,776)
1963 ($2,239,776)
1964 ($3,024,001)
1965 ($3,135,850)
1966 ($2,127,898)
1967 ($1,904,133)
1968 ($3,696,159)
1969 ($7,055,662)
1970 ($19,711,050)
1971 ($35,115,090)
1972 ($43,472,700)
1973 ($82,090,900)
1974 ($107,793,900)
1975 ($72,391,810)
1976 ($50,958,630)
1977 ($33,737,680)
1978 ($27,366,340)
1979 ($53,385,780)
1980 ($59,770,460)
1981 ($87,221,400)
1982 ($119,295,900)
1983 ($142,686,300)
1984 ($81,014,910)
1985 ($88,673,400)
1986 ($74,222,770)
1987 ($143,738,300)
1988 ($140,814,200)
1989 ($133,907,800)
1990 ($123,401,000)
1991 ($123,844,500)
1992 ($398,762,400)
1993 ($433,657,400)
1994 ($405,285,400)
1995 ($266,091,100)
1996 ($461,003,300)
1997 ($323,739,400)
1998 ($265,743,900)
1999 ($285,281,600)
2000 ($218,556,300)
2001 ($249,461,800)
2002 ($225,865,600)
2003 ($406,680,700)
2004 ($368,192,300)
2005 ($338,289,900)
2006 ($824,361,500)
2007 ($720,202,400)
2008 ($644,050,200)
2009 ($855,616,300)
2010 ($1,068,325,000)
2011 ($1,711,926,000)
2012 ($1,097,594,000)
2013 ($1,719,816,000)
2014 ($401,722,600)
2015 ($395,648,000)
2016 ($229,867,900)
2017 ($448,382,800)
2018 ($617,184,300)
2019 ($1,044,078,000)
2020 ($270,293,100)

Net income from abroad (current LCU)

The value for Net income from abroad (current LCU) in Papua New Guinea was -935,214,100 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of -1,700,200 in 1967 and a minimum value of -4,058,977,000 in 2011.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.

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

Year Value
1960 -2,199,800
1961 -2,499,800
1962 -1,899,800
1963 -1,999,800
1964 -2,700,000
1965 -2,800,000
1966 -1,900,000
1967 -1,700,200
1968 -3,300,300
1969 -6,300,000
1970 -17,600,000
1971 -30,999,600
1972 -36,299,700
1973 -57,800,200
1974 -75,100,000
1975 -55,300,100
1976 -40,400,000
1977 -26,700,000
1978 -19,400,000
1979 -38,000,000
1980 -40,100,000
1981 -58,700,000
1982 -88,100,000
1983 -119,300,000
1984 -72,800,000
1985 -88,700,000
1986 -72,100,000
1987 -130,500,000
1988 -122,100,000
1989 -115,000,000
1990 -117,900,000
1991 -117,900,000
1992 -384,646,200
1993 -424,290,400
1994 -407,311,800
1995 -355,550,900
1996 -607,602,300
1997 -464,274,600
1998 -547,246,400
1999 -724,330,000
2000 -604,264,500
2001 -841,759,000
2002 -877,668,700
2003 -1,445,221,000
2004 -1,186,205,000
2005 -1,049,375,000
2006 -2,519,826,000
2007 -2,135,616,000
2008 -1,739,000,000
2009 -2,357,308,000
2010 -2,905,096,000
2011 -4,058,977,000
2012 -2,286,946,000
2013 -3,860,127,000
2014 -988,800,000
2015 -1,095,312,000
2016 -720,176,000
2017 -1,429,803,000
2018 -2,032,697,000
2019 -3,536,813,000
2020 -935,214,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts