Workers' remittances paid reached 243 USD mil in 2017 in Papua New Guinea, according to the National Statistical Office. This is 23.2 % more than in the previous year.
Historically, workers' remittances paid in Papua New Guinea reached an all time high of 552 USD mil in 2011 and an all time low of -55.4 USD mil in 2014. When compared to Papua New Guinea's main peers, workers' remittances paid in Australia amounted to 6,766 USD mil, 5,203 USD mil in Indonesia, 817 USD mil in New Zealand and 246 USD mil in Philippines in 2017.
Papua New Guinea has been ranked 88th within the group of 142 countries we follow in terms of workers' remittances paid, 28 places behind the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.