Goods exports (BoP, current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Goods exports (BoP, current US$), annual growth rate was 4.4 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.4 % change on previous year
Change on year
up 136.1%
World rank
109th
of 199 countries
All-time high
48.93 % change on previous year
in 2014
All-time low
-24.21 % change on previous year
in 2009
Years of data
48
1977–2024
Goods exports (BoP, current US$), annual growth rate in Papua New Guinea, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded 4.4 % change on previous year for goods exports (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 136.1% on the previous year and down 91.0% over ten years.
Over the whole period, goods exports (bop, current us$), annual growth rate in Papua New Guinea peaked at 48.93 % change on previous year in 2014 and was at its lowest, -24.21 % change on previous year, in 2009.
That places Papua New Guinea 109th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 24.12 % change on previous year | — |
| 1978 | 4.44 % change on previous year | -81.6% |
| 1979 | 41.61 % change on previous year | +837.8% |
| 1980 | -2.45 % change on previous year | -105.9% |
| 1981 | -14.75 % change on previous year | +501.0% |
| 1982 | -8.49 % change on previous year | -42.4% |
| 1983 | 6.7 % change on previous year | -178.9% |
| 1984 | 11.58 % change on previous year | +73.0% |
| 1985 | 1.2 % change on previous year | -89.7% |
| 1986 | 11.27 % change on previous year | +841.2% |
| 1987 | 20.69 % change on previous year | +83.5% |
| 1988 | 18.6 % change on previous year | -10.1% |
| 1989 | -10.63 % change on previous year | -157.1% |
| 1990 | -10.87 % change on previous year | +2.3% |
| 1991 | 26.12 % change on previous year | -340.2% |
| 1992 | 31.42 % change on previous year | +20.3% |
| 1993 | 33.71 % change on previous year | +7.3% |
| 1994 | 1.79 % change on previous year | -94.7% |
| 1995 | 0.7326 % change on previous year | -59.1% |
| 1996 | -5.27 % change on previous year | -818.7% |
| 1997 | -14.62 % change on previous year | +177.6% |
| 1998 | -17.91 % change on previous year | +22.5% |
| 1999 | 8.69 % change on previous year | -148.5% |
| 2000 | 8.65 % change on previous year | -0.4% |
| 2001 | -13.43 % change on previous year | -255.2% |
| 2002 | -8.57 % change on previous year | -36.2% |
| 2003 | 33.07 % change on previous year | -485.7% |
| 2004 | 18.82 % change on previous year | -43.1% |
| 2005 | 26.65 % change on previous year | +41.7% |
| 2006 | 26.69 % change on previous year | +0.1% |
| 2007 | 12.96 % change on previous year | -51.4% |
| 2008 | 22.27 % change on previous year | +71.8% |
| 2009 | -24.21 % change on previous year | -208.7% |
| 2010 | 30.61 % change on previous year | -226.4% |
| 2011 | 20.31 % change on previous year | -33.6% |
| 2012 | -8.46 % change on previous year | -141.6% |
| 2013 | -5.87 % change on previous year | -30.6% |
| 2014 | 48.93 % change on previous year | -933.4% |
| 2015 | -4.77 % change on previous year | -109.7% |
| 2016 | -14.34 % change on previous year | +200.6% |
| 2017 | 31.29 % change on previous year | -318.2% |
| 2018 | 3.19 % change on previous year | -89.8% |
| 2019 | 11.58 % change on previous year | +263.3% |
| 2020 | -17.08 % change on previous year | -247.4% |
| 2021 | 19.46 % change on previous year | -213.9% |
| 2022 | 34.79 % change on previous year | +78.8% |
| 2023 | -12.2 % change on previous year | -135.1% |
| 2024 | 4.4 % change on previous year | -136.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 4.4 % change on previous year is below the median for lower middle income countries, which is 8.21 % change on previous year, 54% of the median. (47 countries reporting)
- Papua New Guinea's 4.4 % change on previous year is below the median for East Asia & Pacific, which is 6.59 % change on previous year, 67% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.39 % change on previous year | 4.44 % change on previous year | 41.61 % change on previous year | 3 |
| 1980s | 3.37 % change on previous year | -14.75 % change on previous year | 20.69 % change on previous year | 10 |
| 1990s | 5.38 % change on previous year | -17.91 % change on previous year | 33.71 % change on previous year | 10 |
| 2000s | 10.29 % change on previous year | -24.21 % change on previous year | 33.07 % change on previous year | 10 |
| 2010s | 11.25 % change on previous year | -14.34 % change on previous year | 48.93 % change on previous year | 10 |
| 2020s | 5.87 % change on previous year | -17.08 % change on previous year | 34.79 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 107 Seychelles 4.61 % change on previous year compare
- 108 Mauritania 4.52 % change on previous year compare
- 110 South Africa 4.37 % change on previous year compare
- 111 Cyprus 4.3 % change on previous year compare
- 112 Germany 3.73 % 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)
- 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is goods exports (bop, current us$), annual growth rate in Papua New Guinea?
- Goods exports (bop, current us$), annual growth rate in Papua New Guinea was 4.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 48.93 % change on previous year in 2014.
- What is the lowest goods exports (bop, current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -24.21 % change on previous year in 2009.
- How does Papua New Guinea rank for goods exports (bop, current us$), annual growth rate?
- Papua New Guinea ranks 109th out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 91.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), 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 Goods exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Goods exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.