Goods imports in Papua New Guinea
Papua New Guinea: Goods imports was 4.69 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
4.69 billion BoP, current US$
Change on year
down 13.4%
World rank
139th
of 200 countries
All-time high
5.88 billion BoP, current US$
in 2022
All-time low
434.20 million BoP, current US$
in 1976
Years of data
49
1976–2024
Goods imports in Papua New Guinea, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Papua New Guinea is 4.69 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 13.4% on the previous year and up 27.2% over ten years.
Over the whole period, goods imports in Papua New Guinea peaked at 5.88 billion BoP, current US$ in 2022 and was at its lowest, 434.20 million BoP, current US$, in 1976.
Papua New Guinea ranks 139th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Papua New Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 434.20 million BoP, current US$ | — |
| 1977 | 559.89 million BoP, current US$ | +28.9% |
| 1978 | 688.36 million BoP, current US$ | +22.9% |
| 1979 | 783.34 million BoP, current US$ | +13.8% |
| 1980 | 1.02 billion BoP, current US$ | +30.3% |
| 1981 | 1.10 billion BoP, current US$ | +7.4% |
| 1982 | 1.02 billion BoP, current US$ | -7.2% |
| 1983 | 974.77 million BoP, current US$ | -4.2% |
| 1984 | 962.78 million BoP, current US$ | -1.2% |
| 1985 | 874.77 million BoP, current US$ | -9.1% |
| 1986 | 928.83 million BoP, current US$ | +6.2% |
| 1987 | 1.13 billion BoP, current US$ | +21.6% |
| 1988 | 1.38 billion BoP, current US$ | +22.6% |
| 1989 | 1.34 billion BoP, current US$ | -3.1% |
| 1990 | 1.11 billion BoP, current US$ | -17.5% |
| 1991 | 1.40 billion BoP, current US$ | +26.9% |
| 1992 | 1.32 billion BoP, current US$ | -5.8% |
| 1993 | 1.13 billion BoP, current US$ | -14.2% |
| 1994 | 1.32 billion BoP, current US$ | +16.8% |
| 1995 | 1.26 billion BoP, current US$ | -4.7% |
| 1996 | 1.51 billion BoP, current US$ | +19.9% |
| 1997 | 1.48 billion BoP, current US$ | -2.0% |
| 1998 | 1.08 billion BoP, current US$ | -27.3% |
| 1999 | 1.07 billion BoP, current US$ | -0.6% |
| 2000 | 998.80 million BoP, current US$ | -6.8% |
| 2001 | 932.39 million BoP, current US$ | -6.6% |
| 2002 | 1.08 billion BoP, current US$ | +15.5% |
| 2003 | 1.19 billion BoP, current US$ | +10.5% |
| 2004 | 1.46 billion BoP, current US$ | +22.8% |
| 2005 | 1.52 billion BoP, current US$ | +4.4% |
| 2006 | 1.99 billion BoP, current US$ | +30.6% |
| 2007 | 2.63 billion BoP, current US$ | +32.2% |
| 2008 | 3.14 billion BoP, current US$ | +19.3% |
| 2009 | 2.87 billion BoP, current US$ | -8.5% |
| 2010 | 3.53 billion BoP, current US$ | +22.9% |
| 2011 | 4.25 billion BoP, current US$ | +20.4% |
| 2012 | 4.77 billion BoP, current US$ | +12.0% |
| 2013 | 5.43 billion BoP, current US$ | +14.0% |
| 2014 | 3.68 billion BoP, current US$ | -32.2% |
| 2015 | 2.85 billion BoP, current US$ | -22.6% |
| 2016 | 2.32 billion BoP, current US$ | -18.5% |
| 2017 | 3.30 billion BoP, current US$ | +42.1% |
| 2018 | 3.80 billion BoP, current US$ | +15.3% |
| 2019 | 4.22 billion BoP, current US$ | +11.0% |
| 2020 | 3.59 billion BoP, current US$ | -15.0% |
| 2021 | 4.37 billion BoP, current US$ | +21.7% |
| 2022 | 5.88 billion BoP, current US$ | +34.6% |
| 2023 | 5.41 billion BoP, current US$ | -8.0% |
| 2024 | 4.69 billion BoP, current US$ | -13.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 4.69 billion BoP, current US$ is below the median for lower middle income countries, which is 9.23 billion BoP, current US$, 51% of the median. (47 countries reporting)
- Papua New Guinea's 4.69 billion BoP, current US$ is below the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 54% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 616.45 million BoP, current US$ | 434.20 million BoP, current US$ | 783.34 million BoP, current US$ | 4 |
| 1980s | 1.07 billion BoP, current US$ | 874.77 million BoP, current US$ | 1.38 billion BoP, current US$ | 10 |
| 1990s | 1.27 billion BoP, current US$ | 1.07 billion BoP, current US$ | 1.51 billion BoP, current US$ | 10 |
| 2000s | 1.78 billion BoP, current US$ | 932.39 million BoP, current US$ | 3.14 billion BoP, current US$ | 10 |
| 2010s | 3.82 billion BoP, current US$ | 2.32 billion BoP, current US$ | 5.43 billion BoP, current US$ | 10 |
| 2020s | 4.79 billion BoP, current US$ | 3.59 billion BoP, current US$ | 5.88 billion BoP, current US$ | 5 |
Countries ranked near Papua New Guinea
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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is goods imports in Papua New Guinea?
- Goods imports in Papua New Guinea was 4.69 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Papua New Guinea?
- The highest recorded value was 5.88 billion BoP, current US$ in 2022.
- What is the lowest goods imports recorded in Papua New Guinea?
- The lowest recorded value was 434.20 million BoP, current US$ in 1976.
- How does Papua New Guinea rank for goods imports?
- Papua New Guinea ranks 139th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Papua New Guinea?
- Over the last ten years it is up 27.2%. 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 Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.