Norway vs Papua New Guinea: External balance on goods and services
External balance on goods and services over time
- Norway
- Papua New Guinea
How they compare
Papua New Guinea currently reports 13.2% against 11.7% in Norway, a difference of 1.5%.
That makes Papua New Guinea's figure about 1.1 times Norway's.
The two have swapped places 10 times across 35 shared years of data; in 1970 it was Norway ahead.
Norway ranks 20th and Papua New Guinea ranks 18th of 193 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Norway | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -2.8% | -8.2% | 5.5% | Norway |
| 1980s | 3.6% | -13.1% | 16.7% | Norway |
| 1990s | 6.3% | 5.6% | 0.6% | Norway |
| 2000s | 14.7% | 12.3% | 2.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Norway or Papua New Guinea?
- Papua New Guinea, at 13.2% against 11.7% in Norway as of 2004.
- What is the difference in external balance on goods and services between Norway and Papua New Guinea?
- 1.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for Norway and Papua New Guinea?
- 35 years are reported by both, from 1970 to 2004.
- How do Norway and Papua New Guinea rank globally for external balance on goods and services?
- Norway ranks 20th and Papua New Guinea ranks 18th of 193 countries.
- 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.