Net Foreign Assets (Local Currency) fell 0.696% to PGK 12.0 bil in Papua New Guinea in 2023

Net Foreign Assets (Local Currency) (PGK bil), 2023
Banking | Papua New Guinea | September 1, 2025
$2.99
Excel Sheet

Net foreign assets fell 0.696% to PGK 12.0 bil in Papua New Guinea in 2023, according to the National Central Bank.

Historically, net foreign assets in Papua New Guinea reached an all time high of PGK 12.0 bil in 2022 and an all time low of PGK 0.060 bil in 1994. When compared to Papua New Guinea's main peers, net foreign assets in Australia amounted to AUD -517 bil, IDR 1,967,292 bil in Indonesia, NZD -91.3 bil in New Zealand and PHP 6,556 bil in Philippines in 2023.

Papua New Guinea has been ranked 109th within the group of 141 countries we follow in terms of net foreign assets, 11 places above the position seen 10 years ago.

Net Foreign Assets (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Australia AUD bil -360 -138 -462 -720 -712
China CNY bil 25,507 26,392 26,886 27,977 28,576
Indonesia IDR bil 1,442,536 1,506,619 1,711,188 1,809,776 1,898,235
Malaysia MYR bil 306 287 312 354 302
New Zealand NZD bil ... ... -80.0 -90.8 -100.0 -106 -105
Papua New Guinea PGK bil 7.02 7.67 5.23 8.68 12.0 ...
Philippines PHP bil 4,461 4,858 6,096 6,493 6,265
Singapore SGD bil 311 309 408 ... ... ... ...
Taiwan TWD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Vietnam VND bil 1,537,729 2,128,233 2,638,483 2,688,410 2,314,301 ...