Papua New Guinea: Net financial flows, IMF nonconcessional (NFL, current US$)

Key figures

Since 1976 it is up 775.8% from US$28.73 million in 1976 (4.62% a year on average, compounded). The World Bank has no value for 20 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Papua New Guinea's net financial flows, IMF nonconcessional (NFL, current US$) rose US$75.99 million on 2023 (from US$175.59 million to US$251.57 million).

Across the 21 yearly changes before that (1979 to 2023), the average change was −US$3.52 million and a typical year strayed about US$96.77 million from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$175.59 million in 2023 and the biggest yearly fall was US$366.66 million in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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 14th highest value of the 74 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

• Zambia — 10th of 74: US$760.99 million
• Tanzania — 11th of 74: US$357.59 million
• Rwanda — 12th of 74: US$317.09 million
• Moldova — 14th of 74: US$222.8 million
• Congo, Dem. Rep. — 15th of 74: US$202.06 million
• Jordan — 16th of 74: US$196.68 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 29 values

Net financial flows, IMF nonconcessional (NFL, current US$) in nearby economies

• Cambodia — US$0 (2022)
• China — US$0 (2022)
• Fiji — US$0 (2022)
• Indonesia — US$0 (2022)
• Mongolia — −US$82.78 million (2024)
• Myanmar — −US$200.11 million (2024)
• Philippines — US$0 (2022)
• Samoa — US$0 (2024)
• Solomon Islands — −US$157,980 (2024)

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

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Questions people ask

What is Papua New Guinea's net financial flows, IMF nonconcessional (NFL, current US$)?

US$251.57 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 775.8% from US$28.73 million in 1976 (4.62% a year on average, compounded). The highest value was US$366.66 million in 2020 and the lowest −US$61.13 million in 2005.

How does Papua New Guinea rank?

14th highest of 74 economies with data for 2024.

Is the latest change in net financial flows, IMF nonconcessional (NFL, current US$) unusual for Papua New Guinea?

In 2024, Papua New Guinea's net financial flows, IMF nonconcessional (NFL, current US$) rose US$75.99 million on 2023 (from US$175.59 million to US$251.57 million). Across the 21 yearly changes before that (1979 to 2023), the average change was −US$3.52 million and a typical year strayed about US$96.77 million from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.IMFN.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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