IDA & IBRD total vs Papua New Guinea: External balance on goods and services
External balance on goods and services over time
- IDA & IBRD total
- Papua New Guinea
How they compare
Papua New Guinea currently reports 13.2% against 1.0% in IDA & IBRD total, a difference of 12.2%.
That makes Papua New Guinea's figure about 12.8 times IDA & IBRD total's.
The two have swapped places 9 times across 44 shared years of data; in 1961 it was IDA & IBRD total ahead.
IDA & IBRD total ranks 16th and Papua New Guinea ranks 18th of 44 groups.
Across the 5 decades both report, IDA & IBRD total averaged higher in 3 and Papua New Guinea in 2.
Head to head by decade
| Decade | IDA & IBRD total | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -0.7% | -18.6% | 17.9% | IDA & IBRD total |
| 1970s | -0.9% | -8.2% | 7.3% | IDA & IBRD total |
| 1980s | -1.5% | -13.1% | 11.5% | IDA & IBRD total |
| 1990s | -0.6% | 5.6% | 6.2% | Papua New Guinea |
| 2000s | 1.2% | 12.3% | 11.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA & IBRD total or Papua New Guinea?
- Papua New Guinea, at 13.2% against 1.0% in IDA & IBRD total as of 2004.
- What is the difference in external balance on goods and services between IDA & IBRD total and Papua New Guinea?
- 12.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for IDA & IBRD total and Papua New Guinea?
- 44 years are reported by both, from 1961 to 2004.
- How do IDA & IBRD total and Papua New Guinea rank globally for external balance on goods and services?
- IDA & IBRD total ranks 16th and Papua New Guinea ranks 18th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.