External balance on goods and services (current US$), annual growth in Papua New Guinea
Papua New Guinea: External balance on goods and services (current US$), annual growth was -4.41 % change on previous year in 2004. ◆ Volatile
External balance on goods and services (current US$), annual growth in Papua New Guinea, 1962–2004
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current us$), annual growth in Papua New Guinea is -4.41 % change on previous year, measured in 2004.
The figure is down 100.8% on the previous year and down 47.6% over ten years.
Over the whole period, external balance on goods and services (current us$), annual growth in Papua New Guinea peaked at 730.46 % change on previous year in 1993 and was at its lowest, -241.43 % change on previous year, in 1977.
Papua New Guinea ranks 98th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), 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 | -15.59 % change on previous year | -71.1% |
| 1972 | 44.7 % change on previous year | -386.7% |
| 1973 | 189.28 % change on previous year | +323.5% |
| 1974 | -20.9 % change on previous year | -111.0% |
| 1975 | -181.19 % change on previous year | +766.8% |
| 1976 | 117.89 % change on previous year | -165.1% |
| 1977 | -241.43 % change on previous year | -304.8% |
| 1978 | -219.62 % change on previous year | -9.0% |
| 1979 | 96.27 % change on previous year | -143.8% |
| 1981 | -98.42 % change on previous year | -202.2% |
| 1982 | -9.43 % change on previous year | -90.4% |
| 1983 | 21.11 % change on previous year | -324.0% |
| 1984 | 20.89 % change on previous year | -1.1% |
| 1985 | 28.46 % change on previous year | +36.3% |
| 1986 | 17.72 % change on previous year | -37.8% |
| 1987 | 0.6542 % change on previous year | -96.3% |
| 1988 | -55.01 % change on previous year | -8507.9% |
| 1989 | -35.34 % change on previous year | -35.8% |
| 1990 | 37.56 % change on previous year | -206.3% |
| 1991 | -39.8 % change on previous year | -206.0% |
| 1992 | 125.1 % change on previous year | -414.3% |
| 1993 | 730.46 % change on previous year | +483.9% |
| 1994 | -2.99 % change on previous year | -100.4% |
| 1995 | 6.11 % change on previous year | -304.4% |
| 1996 | -29.41 % change on previous year | -581.7% |
| 1997 | -107.77 % change on previous year | +266.4% |
| 1998 | 548.92 % change on previous year | -609.4% |
| 1999 | 79.75 % change on previous year | -85.5% |
| 2000 | 67.65 % change on previous year | -15.2% |
| 2001 | -32.42 % change on previous year | -147.9% |
| 2002 | -78.32 % change on previous year | +141.6% |
| 2003 | 522.87 % change on previous year | -767.6% |
| 2004 | -4.41 % change on previous year | -100.8% |
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 | -28.45 % change on previous year | -241.43 % change on previous year | 189.28 % change on previous year | 10 |
| 1980s | -12.15 % change on previous year | -98.42 % change on previous year | 28.46 % change on previous year | 9 |
| 1990s | 134.79 % change on previous year | -107.77 % change on previous year | 730.46 % change on previous year | 10 |
| 2000s | 95.07 % change on previous year | -78.32 % change on previous year | 522.87 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 95 Libya -3.79 % change on previous year compare
- 96 Kazakhstan -3.92 % change on previous year compare
- 97 Nepal -4.37 % change on previous year compare
- 99 Serbia -4.62 % change on previous year compare
- 100 Togo -4.75 % change on previous year compare
- 101 Slovenia -5.22 % 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 capital formation (current US$), annual growth rate 11.49 % change on previous year (2004)
- Gross capital formation (current US$), per unit of GDP 0.2 current US$ per US$ of GDP (2004)
- Gross capital formation (current US$), per capita 124.13 current US$ per person (2004)
- Gross capital formation (current LCU), annual growth rate 1.08 % change on previous year (2004)
- Gross capital formation (current LCU), per unit of GDP 0.6444 current LCU per US$ of GDP (2004)
- Gross capital formation (current LCU), per capita 399.9 current LCU per person (2004)
- Imports of goods and services (current US$), annual growth rate 21.1 % change on previous year (2004)
- Imports of goods and services (current US$), per unit of GDP 0.5892 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in Papua New Guinea?
- External balance on goods and services (current us$), annual growth in Papua New Guinea was -4.41 % change on previous year in 2004, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), annual growth recorded in Papua New Guinea?
- The highest recorded value was 730.46 % change on previous year in 1993.
- What is the lowest external balance on goods and services (current us$), annual growth recorded in Papua New Guinea?
- The lowest recorded value was -241.43 % change on previous year in 1977.
- How does Papua New Guinea rank for external balance on goods and services (current us$), annual growth?
- Papua New Guinea ranks 98th out of 192 countries with data for 2004.
- Is external balance on goods and services (current us$), annual growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 47.6%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.