Exports of goods and services in Papua New Guinea
Papua New Guinea: Exports of goods and services was 13.47 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods and services in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Papua New Guinea is 13.47 billion BoP, current US$, measured in 2024.
The figure is up 1.8% on the previous year and up 48.3% over ten years.
Over the whole period, exports of goods and services in Papua New Guinea peaked at 14.86 billion BoP, current US$ in 2022 and was at its lowest, 619.31 million BoP, current US$, in 1976.
That places Papua New Guinea 102nd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 619.31 million BoP, current US$ | — |
| 1977 | 721.17 million BoP, current US$ | +16.4% |
| 1978 | 749.10 million BoP, current US$ | +3.9% |
| 1979 | 1.05 billion BoP, current US$ | +40.5% |
| 1980 | 1.03 billion BoP, current US$ | -2.2% |
| 1981 | 924.82 million BoP, current US$ | -10.1% |
| 1982 | 864.20 million BoP, current US$ | -6.6% |
| 1983 | 895.97 million BoP, current US$ | +3.7% |
| 1984 | 979.68 million BoP, current US$ | +9.3% |
| 1985 | 990.29 million BoP, current US$ | +1.1% |
| 1986 | 1.10 billion BoP, current US$ | +11.4% |
| 1987 | 1.34 billion BoP, current US$ | +21.6% |
| 1988 | 1.60 billion BoP, current US$ | +19.1% |
| 1989 | 1.49 billion BoP, current US$ | -7.0% |
| 1990 | 1.38 billion BoP, current US$ | -7.1% |
| 1991 | 1.75 billion BoP, current US$ | +26.6% |
| 1992 | 2.28 billion BoP, current US$ | +30.2% |
| 1993 | 2.91 billion BoP, current US$ | +27.9% |
| 1994 | 2.89 billion BoP, current US$ | -0.8% |
| 1995 | 2.99 billion BoP, current US$ | +3.6% |
| 1996 | 2.96 billion BoP, current US$ | -1.0% |
| 1997 | 2.56 billion BoP, current US$ | -13.7% |
| 1998 | 2.09 billion BoP, current US$ | -18.2% |
| 1999 | 2.17 billion BoP, current US$ | +4.0% |
| 2000 | 2.34 billion BoP, current US$ | +7.4% |
| 2001 | 2.10 billion BoP, current US$ | -10.2% |
| 2002 | 1.82 billion BoP, current US$ | -13.2% |
| 2003 | 2.44 billion BoP, current US$ | +33.9% |
| 2004 | 2.82 billion BoP, current US$ | +15.8% |
| 2005 | 3.62 billion BoP, current US$ | +28.3% |
| 2006 | 4.52 billion BoP, current US$ | +24.8% |
| 2007 | 5.11 billion BoP, current US$ | +13.0% |
| 2008 | 6.17 billion BoP, current US$ | +20.8% |
| 2009 | 4.59 billion BoP, current US$ | -25.7% |
| 2010 | 6.06 billion BoP, current US$ | +32.1% |
| 2011 | 7.34 billion BoP, current US$ | +21.1% |
| 2012 | 6.81 billion BoP, current US$ | -7.2% |
| 2013 | 6.38 billion BoP, current US$ | -6.4% |
| 2014 | 9.09 billion BoP, current US$ | +42.5% |
| 2015 | 8.60 billion BoP, current US$ | -5.4% |
| 2016 | 7.36 billion BoP, current US$ | -14.4% |
| 2017 | 9.80 billion BoP, current US$ | +33.1% |
| 2018 | 10.11 billion BoP, current US$ | +3.1% |
| 2019 | 11.24 billion BoP, current US$ | +11.2% |
| 2020 | 9.17 billion BoP, current US$ | -18.4% |
| 2021 | 11.03 billion BoP, current US$ | +20.2% |
| 2022 | 14.86 billion BoP, current US$ | +34.7% |
| 2023 | 13.24 billion BoP, current US$ | -10.9% |
| 2024 | 13.47 billion BoP, current US$ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 785.43 million BoP, current US$ | 619.31 million BoP, current US$ | 1.05 billion BoP, current US$ | 4 |
| 1980s | 1.12 billion BoP, current US$ | 864.20 million BoP, current US$ | 1.60 billion BoP, current US$ | 10 |
| 1990s | 2.40 billion BoP, current US$ | 1.38 billion BoP, current US$ | 2.99 billion BoP, current US$ | 10 |
| 2000s | 3.55 billion BoP, current US$ | 1.82 billion BoP, current US$ | 6.17 billion BoP, current US$ | 10 |
| 2010s | 8.28 billion BoP, current US$ | 6.06 billion BoP, current US$ | 11.24 billion BoP, current US$ | 10 |
| 2020s | 12.36 billion BoP, current US$ | 9.17 billion BoP, current US$ | 14.86 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 99 Iceland 15.56 billion BoP, current US$ compare
- 100 Armenia 14.65 billion BoP, current US$ compare
- 101 Guyana 13.74 billion BoP, current US$ compare
- 103 Bosnia and Herzegovina 13.42 billion BoP, current US$ compare
- 104 Ethiopia 13.19 billion BoP, current US$ compare
- 105 Zambia 12.75 billion BoP, current US$ compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is exports of goods and services in Papua New Guinea?
- Exports of goods and services in Papua New Guinea was 13.47 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Papua New Guinea?
- The highest recorded value was 14.86 billion BoP, current US$ in 2022.
- What is the lowest exports of goods and services recorded in Papua New Guinea?
- The lowest recorded value was 619.31 million BoP, current US$ in 1976.
- How does Papua New Guinea rank for exports of goods and services?
- Papua New Guinea ranks 102nd out of 200 countries with data for 2024.
- Is exports of goods and services rising or falling in Papua New Guinea?
- Over the last ten years it is up 48.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.