Papua New Guinea's foreign direct investment, net (current US$, BoP) was US$967.88 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 3,148% from US$29.8 million in 2014 (41.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$967.88 million | 2024 |
| Five years earlier | US$879.65 million | 2019 |
| Ten years earlier | US$29.8 million | 2014 |
| Highest | US$1.65 billion | 2021 |
| Lowest | −US$454.57 million | 1995 |
| Average since 2015 | US$703.66 million | 2015–2024 |
| First recorded | −US$22.71 million |
What the numbers say
In 2024, Papua New Guinea's foreign direct investment, net (current US$, BoP) rose US$681.26 million on 2023 (from US$286.63 million to US$967.88 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$11.62 million and a typical year strayed about US$333.1 million from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$762.1 million in 2021 and the biggest yearly fall was US$976.65 million in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$99.74 million a year. A straight line explains 34% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Papua New Guinea had the 2nd highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Papua New Guinea in the 2024 ranking
- Mauritius — 2nd of 29: US$962.72 million
- Burkina Faso — 3rd of 29: US$259.26 million
- Solomon Islands — 4th of 29: US$19.91 million
What this measures
Foreign direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the voting power is evidence of a direct investment relationship. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 49 values
| Year | Foreign direct investment, net (current US$, BoP) |
|---|---|
| 2024 | 967,884,584 |
| 2023 | 286,625,551 |
| 2022 | 1,263,272,946 |
| 2021 | 1,645,866,952 |
| 2020 | 883,766,223 |
| 2019 | 879,648,074 |
| 2018 | 268,835,279 |
| 2017 | 547,928,329 |
| 2016 | 331,415,712 |
| 2015 | -38,653,556 |
Foreign direct investment, net (current US$, BoP) in nearby economies
- Australia — −US$44.19 billion (2025)
- Brunei Darussalam — −US$157.23 million (2025)
- Cambodia — −US$4.96 billion (2025)
- China — US$77.23 billion (2025)
- Fiji — −US$178.04 million (2024)
- French Polynesia — −US$37.32 million (2016)
- Hong Kong SAR, China — −US$21.13 billion (2025)
- Indonesia — −US$14.55 billion (2025)
- Japan — US$171.95 billion (2025)
- Kiribati
More economic policy & debt data for Papua New Guinea
- GDP (current US$) — US$32.5 billion (2025)
- GDP (current LCU) — 133.98 billion (2025)
- GDP (constant 2015 US$) — US$28.68 billion (2025)
- GDP (constant LCU) — 76.24 billion (2025)
- GDP per capita (current US$) — US$3,020 (2025)
- GDP per capita (current LCU) — 12,449 (2025)
- GDP per capita (constant 2015 US$) — US$2,665 (2025)
- GDP per capita (constant LCU) — 7,084 (2025)
- GNI (current US$) — US$30.16 billion (2025)
- GNI (current LCU) — 124.34 billion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Papua New Guinea's foreign direct investment, net (current US$, BoP)?
- US$967.88 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 4,361% from −US$22.71 million in 1976. The highest value was US$1.65 billion in 2021 and the lowest −US$454.57 million in 1995.
- How does Papua New Guinea rank?
- 2nd highest of 29 economies with data for 2024.
- Is the latest change in foreign direct investment, net (current US$, BoP) unusual for Papua New Guinea?
- In 2024, Papua New Guinea's foreign direct investment, net (current US$, BoP) rose US$681.26 million on 2023 (from US$286.63 million to US$967.88 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$11.62 million and a typical year strayed about US$333.1 million from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator BN.KLT.DINV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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