Exports of goods, services and primary income in Papua New Guinea
Papua New Guinea: Exports of goods, services and primary income was 13.57 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods, services and primary income in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, exports of goods, services and primary income in Papua New Guinea stood at 13.57 billion BoP, current US$.
Compared with earlier readings it is up 1.6% on the previous year and up 49.1% over ten years.
Over the whole period, exports of goods, services and primary income in Papua New Guinea peaked at 14.93 billion BoP, current US$ in 2022 and was at its lowest, 639.10 million BoP, current US$, in 1976.
That places Papua New Guinea 104th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 639.10 million BoP, current US$ | — |
| 1977 | 751.47 million BoP, current US$ | +17.6% |
| 1978 | 787.40 million BoP, current US$ | +4.8% |
| 1979 | 1.10 billion BoP, current US$ | +39.9% |
| 1980 | 1.09 billion BoP, current US$ | -1.2% |
| 1981 | 972.25 million BoP, current US$ | -10.7% |
| 1982 | 923.83 million BoP, current US$ | -5.0% |
| 1983 | 954.25 million BoP, current US$ | +3.3% |
| 1984 | 1.03 billion BoP, current US$ | +8.0% |
| 1985 | 1.05 billion BoP, current US$ | +1.5% |
| 1986 | 1.19 billion BoP, current US$ | +14.2% |
| 1987 | 1.40 billion BoP, current US$ | +17.1% |
| 1988 | 1.72 billion BoP, current US$ | +22.7% |
| 1989 | 1.57 billion BoP, current US$ | -8.3% |
| 1990 | 1.49 billion BoP, current US$ | -5.5% |
| 1991 | 1.86 billion BoP, current US$ | +24.8% |
| 1992 | 2.34 billion BoP, current US$ | +25.9% |
| 1993 | 2.94 billion BoP, current US$ | +25.9% |
| 1994 | 2.91 billion BoP, current US$ | -1.1% |
| 1995 | 3.01 billion BoP, current US$ | +3.6% |
| 1996 | 2.99 billion BoP, current US$ | -0.7% |
| 1997 | 2.59 billion BoP, current US$ | -13.4% |
| 1998 | 2.11 billion BoP, current US$ | -18.5% |
| 1999 | 2.19 billion BoP, current US$ | +3.8% |
| 2000 | 2.37 billion BoP, current US$ | +8.0% |
| 2001 | 2.12 billion BoP, current US$ | -10.6% |
| 2002 | 1.85 billion BoP, current US$ | -12.8% |
| 2003 | 2.45 billion BoP, current US$ | +32.8% |
| 2004 | 2.84 billion BoP, current US$ | +15.8% |
| 2005 | 3.65 billion BoP, current US$ | +28.3% |
| 2006 | 4.59 billion BoP, current US$ | +25.8% |
| 2007 | 5.21 billion BoP, current US$ | +13.6% |
| 2008 | 6.26 billion BoP, current US$ | +20.0% |
| 2009 | 4.63 billion BoP, current US$ | -25.9% |
| 2010 | 6.10 billion BoP, current US$ | +31.6% |
| 2011 | 7.38 billion BoP, current US$ | +21.0% |
| 2012 | 6.86 billion BoP, current US$ | -7.1% |
| 2013 | 6.42 billion BoP, current US$ | -6.4% |
| 2014 | 9.10 billion BoP, current US$ | +41.9% |
| 2015 | 8.63 billion BoP, current US$ | -5.1% |
| 2016 | 7.40 billion BoP, current US$ | -14.3% |
| 2017 | 9.85 billion BoP, current US$ | +33.1% |
| 2018 | 10.17 billion BoP, current US$ | +3.2% |
| 2019 | 11.36 billion BoP, current US$ | +11.7% |
| 2020 | 9.27 billion BoP, current US$ | -18.4% |
| 2021 | 11.11 billion BoP, current US$ | +19.9% |
| 2022 | 14.93 billion BoP, current US$ | +34.4% |
| 2023 | 13.36 billion BoP, current US$ | -10.6% |
| 2024 | 13.57 billion BoP, current US$ | +1.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 13.57 billion BoP, current US$ is above the median for lower middle income countries, which is 9.42 billion BoP, current US$, 1.4× the median. (47 countries reporting)
- Papua New Guinea's 13.57 billion BoP, current US$ is above the median for East Asia & Pacific, which is 13.57 billion BoP, current US$, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 819.88 million BoP, current US$ | 639.10 million BoP, current US$ | 1.10 billion BoP, current US$ | 4 |
| 1980s | 1.19 billion BoP, current US$ | 923.83 million BoP, current US$ | 1.72 billion BoP, current US$ | 10 |
| 1990s | 2.44 billion BoP, current US$ | 1.49 billion BoP, current US$ | 3.01 billion BoP, current US$ | 10 |
| 2000s | 3.60 billion BoP, current US$ | 1.85 billion BoP, current US$ | 6.26 billion BoP, current US$ | 10 |
| 2010s | 8.33 billion BoP, current US$ | 6.10 billion BoP, current US$ | 11.36 billion BoP, current US$ | 10 |
| 2020s | 12.45 billion BoP, current US$ | 9.27 billion BoP, current US$ | 14.93 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
- 101 Armenia 15.46 billion BoP, current US$ compare
- 102 Bosnia and Herzegovina 14.81 billion BoP, current US$ compare
- 103 Guyana 13.84 billion BoP, current US$ compare
- 105 Ethiopia 13.36 billion BoP, current US$ compare
- 106 Trinidad and Tobago 12.92 billion BoP, current US$ compare
- 107 Zambia 12.84 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is exports of goods, services and primary income in Papua New Guinea?
- Exports of goods, services and primary income in Papua New Guinea was 13.57 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Papua New Guinea?
- The highest recorded value was 14.93 billion BoP, current US$ in 2022.
- What is the lowest exports of goods, services and primary income recorded in Papua New Guinea?
- The lowest recorded value was 639.10 million BoP, current US$ in 1976.
- How does Papua New Guinea rank for exports of goods, services and primary income?
- Papua New Guinea ranks 104th out of 199 countries with data for 2024.
- Is exports of goods, services and primary income rising or falling in Papua New Guinea?
- Over the last ten years it is up 49.1%. 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, services and primary income (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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.