Remittances, annual growth rate in Papua New Guinea
Papua New Guinea: Remittances, annual growth rate was -71.36 % change on previous year in 2024. ◆ Volatile
Remittances, annual growth rate in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, remittances, annual growth rate in Papua New Guinea stood at -71.36 % change on previous year.
That represents a change of down 1,295.2% on the previous year and down 117.5% over ten years.
Over the whole period, remittances, annual growth rate in Papua New Guinea peaked at 683.9 % change on previous year in 2019 and was at its lowest, -91.88 % change on previous year, in 2020.
Papua New Guinea ranks 189th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -42.53 % change on previous year | — |
| 1978 | -11.51 % change on previous year | -73.0% |
| 1979 | -15.34 % change on previous year | +33.3% |
| 1980 | -46.26 % change on previous year | +201.6% |
| 1981 | -11.35 % change on previous year | -75.5% |
| 1982 | 35.79 % change on previous year | -415.2% |
| 1983 | -34.63 % change on previous year | -196.8% |
| 1984 | 24.63 % change on previous year | -171.1% |
| 1985 | 10.3 % change on previous year | -58.2% |
| 1986 | 14.37 % change on previous year | +39.5% |
| 1987 | 61.48 % change on previous year | +328.0% |
| 1988 | -35.91 % change on previous year | -158.4% |
| 1989 | -25.58 % change on previous year | -28.8% |
| 1990 | -17.15 % change on previous year | -33.0% |
| 1991 | 228.62 % change on previous year | -1433.3% |
| 1992 | -14.65 % change on previous year | -106.4% |
| 1993 | -13.21 % change on previous year | -9.8% |
| 1994 | -12 % change on previous year | -9.2% |
| 1995 | -6.57 % change on previous year | -45.3% |
| 1996 | -12.95 % change on previous year | +97.2% |
| 1997 | -3.95 % change on previous year | -69.5% |
| 1998 | -9.28 % change on previous year | +134.7% |
| 1999 | -11.99 % change on previous year | +29.2% |
| 2000 | -9.03 % change on previous year | -24.7% |
| 2001 | -6.3 % change on previous year | -30.3% |
| 2002 | -2.52 % change on previous year | -60.0% |
| 2003 | 4.57 % change on previous year | -281.1% |
| 2004 | 23.77 % change on previous year | +420.2% |
| 2005 | -42 % change on previous year | -276.7% |
| 2006 | -62.47 % change on previous year | +48.7% |
| 2007 | 51.22 % change on previous year | -182.0% |
| 2008 | -21.13 % change on previous year | -141.3% |
| 2009 | -35.3 % change on previous year | +67.0% |
| 2010 | -39.7 % change on previous year | +12.4% |
| 2011 | 178.32 % change on previous year | -549.2% |
| 2012 | -2.12 % change on previous year | -101.2% |
| 2013 | 0.3451 % change on previous year | -116.3% |
| 2014 | -32.82 % change on previous year | -9609.3% |
| 2015 | -59.76 % change on previous year | +82.1% |
| 2016 | -28.52 % change on previous year | -52.3% |
| 2017 | 44.4 % change on previous year | -255.7% |
| 2018 | -19.29 % change on previous year | -143.4% |
| 2019 | 683.9 % change on previous year | -3645.2% |
| 2020 | -91.88 % change on previous year | -113.4% |
| 2021 | 23.4 % change on previous year | -125.5% |
| 2022 | 288.6 % change on previous year | +1133.4% |
| 2023 | -5.12 % change on previous year | -101.8% |
| 2024 | -71.36 % change on previous year | +1295.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -71.36 % change on previous year is below the median for lower middle income countries, which is -0.8794 % change on previous year, 81.2× the median. (47 countries reporting)
- Papua New Guinea's -71.36 % change on previous year is below the median for East Asia & Pacific, which is -2.48 % change on previous year, 28.8× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Remittances, annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -9609.3% | 0.3451 % change on previous year | -32.82 % change on previous year |
| 2019 | +3645.2% | -19.29 % change on previous year | 683.9 % change on previous year |
| 1991 | +1433.3% | -17.15 % change on previous year | 228.62 % change on previous year |
| 2024 | -1295.2% | -5.12 % change on previous year | -71.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -23.13 % change on previous year | -42.53 % change on previous year | -11.51 % change on previous year | 3 |
| 1980s | -0.7179 % change on previous year | -46.26 % change on previous year | 61.48 % change on previous year | 10 |
| 1990s | 12.69 % change on previous year | -17.15 % change on previous year | 228.62 % change on previous year | 10 |
| 2000s | -9.92 % change on previous year | -62.47 % change on previous year | 51.22 % change on previous year | 10 |
| 2010s | 72.48 % change on previous year | -59.76 % change on previous year | 683.9 % change on previous year | 10 |
| 2020s | 28.73 % change on previous year | -91.88 % change on previous year | 288.6 % change on previous year | 5 |
Countries ranked near Papua New Guinea
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Papua New Guinea?
- Remittances, annual growth rate in Papua New Guinea was -71.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 683.9 % change on previous year in 2019.
- What is the lowest remittances, annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -91.88 % change on previous year in 2020.
- How does Papua New Guinea rank for remittances, annual growth rate?
- Papua New Guinea ranks 189th out of 189 countries with data for 2024.
- Is remittances, annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 117.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.