Papua New Guinea PG: BOP: Financial Account: Foreign Direct Investment: Net Outflows

Papua New Guinea PG: BOP: Financial Account: Foreign Direct Investment: Net Outflows data was reported at -0.032 USD mn in 2016. This records an increase from the previous number of -0.108 USD mn for 2015. Papua New Guinea PG: BOP: Financial Account: Foreign Direct Investment: Net Outflows data is updated yearly, averaging 0.617 USD mn from Dec 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 88.787 USD mn in 2012 and a record low of -33.343 USD mn in 1995. Papua New Guinea PG: BOP: Financial Account: Foreign Direct Investment: Net Outflows data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. 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 ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

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