External balance on goods and services (current LCU), annual growth in Papua New Guinea
Papua New Guinea: External balance on goods and services (current LCU), annual growth was -13.34 % change on previous year in 2004. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Papua New Guinea, 1962–2004
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded -13.34 % change on previous year for external balance on goods and services (current lcu), annual growth in 2004.
Compared with earlier readings it is down 102.8% on the previous year and down 3,719.4% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Papua New Guinea peaked at 744.63 % change on previous year in 1998 and was at its lowest, -241.18 % change on previous year, in 1977.
That places Papua New Guinea 119th out of 192 countries with data for 2004, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | -3.8 % change on previous year | — |
| 1963 | -22.34 % change on previous year | +487.7% |
| 1964 | -30.54 % change on previous year | +36.7% |
| 1965 | -40.6 % change on previous year | +32.9% |
| 1966 | -32.95 % change on previous year | -18.8% |
| 1967 | -7.73 % change on previous year | -76.5% |
| 1968 | -4.67 % change on previous year | -39.6% |
| 1969 | -44.5 % change on previous year | +853.1% |
| 1970 | -53.92 % change on previous year | +21.1% |
| 1971 | -14.29 % change on previous year | -73.5% |
| 1972 | 47.69 % change on previous year | -433.8% |
| 1973 | 175.29 % change on previous year | +267.6% |
| 1974 | -21.74 % change on previous year | -112.4% |
| 1975 | -189.03 % change on previous year | +769.5% |
| 1976 | 118.56 % change on previous year | -162.7% |
| 1977 | -241.18 % change on previous year | -303.4% |
| 1978 | -186.31 % change on previous year | -22.8% |
| 1979 | 96.26 % change on previous year | -151.7% |
| 1981 | -99.02 % change on previous year | -202.9% |
| 1982 | -20.08 % change on previous year | -79.7% |
| 1983 | 10.68 % change on previous year | -153.2% |
| 1984 | 14.99 % change on previous year | +40.3% |
| 1985 | 20.36 % change on previous year | +35.9% |
| 1986 | 20.1 % change on previous year | -1.3% |
| 1987 | 7.15 % change on previous year | -64.4% |
| 1988 | -48.03 % change on previous year | -771.8% |
| 1989 | -34.05 % change on previous year | -29.1% |
| 1990 | 30.53 % change on previous year | -189.7% |
| 1991 | -39.3 % change on previous year | -228.7% |
| 1992 | 125.44 % change on previous year | -419.2% |
| 1993 | 742.34 % change on previous year | +491.8% |
| 1994 | -0.3492 % change on previous year | -100.0% |
| 1995 | 41.07 % change on previous year | -11861.8% |
| 1996 | -30.37 % change on previous year | -174.0% |
| 1997 | -108.45 % change on previous year | +257.1% |
| 1998 | 744.63 % change on previous year | -786.6% |
| 1999 | 121.62 % change on previous year | -83.7% |
| 2000 | 82.56 % change on previous year | -32.1% |
| 2001 | -17.53 % change on previous year | -121.2% |
| 2002 | -75.04 % change on previous year | +328.1% |
| 2003 | 469.63 % change on previous year | -725.9% |
| 2004 | -13.34 % change on previous year | -102.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -23.39 % change on previous year | -44.5 % change on previous year | -3.8 % change on previous year | 8 |
| 1970s | -26.87 % change on previous year | -241.18 % change on previous year | 175.29 % change on previous year | 10 |
| 1980s | -14.21 % change on previous year | -99.02 % change on previous year | 20.36 % change on previous year | 9 |
| 1990s | 162.72 % change on previous year | -108.45 % change on previous year | 744.63 % change on previous year | 10 |
| 2000s | 89.26 % change on previous year | -75.04 % change on previous year | 469.63 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 116 Palestine, State of -12.12 % change on previous year compare
- 117 Kuwait -12.18 % change on previous year compare
- 118 Belarus -13.28 % change on previous year compare
- 120 United States of America -14.24 % change on previous year compare
- 121 North Macedonia -14.77 % change on previous year compare
- 122 Pakistan -14.97 % change on previous year 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)
- Gross national expenditure (current US$), annual growth rate 13.86 % change on previous year (2004)
- Gross national expenditure (current US$), per unit of GDP 0.8675 current US$ per US$ of GDP (2004)
- Gross national expenditure (current US$), per capita 538.4 current US$ per person (2004)
- Gross national expenditure (current LCU), annual growth rate 3.22 % change on previous year (2004)
- Gross national expenditure (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2004)
- Gross national expenditure (current LCU), per capita 1,735 current LCU per person (2004)
- Exports of goods and services (current US$), annual growth rate 15.44 % change on previous year (2004)
- Exports of goods and services (current US$), per unit of GDP 0.7216 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Papua New Guinea?
- External balance on goods and services (current lcu), annual growth in Papua New Guinea was -13.34 % change on previous year in 2004, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Papua New Guinea?
- The highest recorded value was 744.63 % change on previous year in 1998.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Papua New Guinea?
- The lowest recorded value was -241.18 % change on previous year in 1977.
- How does Papua New Guinea rank for external balance on goods and services (current lcu), annual growth?
- Papua New Guinea ranks 119th out of 192 countries with data for 2004.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 3,719.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.