Papua New Guinea's technical cooperation grants (BoP, current US$) was US$52.75 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 79.02% from US$251.4 million in 2013 (14.46% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$52.75 million | 2023 |
| Five years earlier | US$306.96 million | 2018 |
| Ten years earlier | US$251.4 million | 2013 |
| Highest | US$356.17 million | 2012 |
| Lowest | US$10,000 | 1960 |
| Average since 2014 | US$219.83 million | 2014–2023 |
| First recorded | US$10,000 |
What the numbers say
In 2023, Papua New Guinea's technical cooperation grants (BoP, current US$) fell 61.3% on 2022 (from US$136.44 million to US$52.75 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +4.5% and a typical year strayed about 18.2% from that (the standard deviation). This year's change was 3.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 8,502.9% in 1973 and the biggest yearly fall was 82.1% in 1977. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about US$16.59 million a year. A straight line explains 40% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Papua New Guinea had the 73rd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Papua New Guinea in the 2023 ranking
What this measures
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 61 values
| Year | Technical cooperation grants (BoP, current US$) |
|---|---|
| 2023 | 52,748,415 |
| 2022 | 136,438,748 |
| 2021 | 168,492,038 |
| 2020 | 252,046,794 |
| 2019 | 302,301,654 |
| 2018 | 306,958,552 |
| 2017 | 266,314,027 |
| 2016 | 255,163,924 |
| 2015 | 217,343,503 |
| 2014 | 240,489,424 |
Technical cooperation grants (BoP, current US$) in nearby economies
- Cambodia — US$120.15 million (2023)
- China — US$398.95 million (2023)
- Fiji — US$18.34 million (2023)
- Indonesia — US$195.74 million (2023)
- Kiribati — US$4.18 million (2023)
- Korea, Dem. People's Rep. — US$1.19 million (2023)
- Lao PDR — US$90.18 million (2023)
- Malaysia — US$37.96 million (2023)
- Marshall Islands — US$4.82 million (2023)
- Micronesia, Fed. Sts.
More economic policy & debt data for Papua New Guinea
- GDP (current US$) — 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$30.16 billion (2025)
- GNI (current LCU) — 124.34 billion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Papua New Guinea's technical cooperation grants (BoP, current US$)?
- US$52.75 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 527,384% from US$10,000 in 1960 (14.57% a year on average, compounded). The highest value was US$356.17 million in 2012 and the lowest US$10,000 in 1960.
- How does Papua New Guinea rank?
- 73rd highest of 136 economies with data for 2023.
- Is the latest change in technical cooperation grants (BoP, current US$) unusual for Papua New Guinea?
Source
World Bank, World Development Indicators, indicator BX.GRT.TECH.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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