Imports of goods and services (BoP, current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Imports of goods and services (BoP, current US$), per unit of GDP was 0.2299 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.2299 BoP, current US$ per US$ of GDP
Change on year
down 14.1%
World rank
174th
of 199 countries
All-time high
0.6258 BoP, current US$ per US$ of GDP
in 2004
All-time low
0.1836 BoP, current US$ per US$ of GDP
in 2016
Years of data
49
1976–2024
Imports of goods and services (BoP, current US$), per unit of GDP in Papua New Guinea, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (bop, current us$), per unit of gdp in Papua New Guinea is 0.2299 BoP, current US$ per US$ of GDP, measured in 2024.
That represents a change of down 14.1% on the previous year and down 10.8% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Papua New Guinea peaked at 0.6258 BoP, current US$ per US$ of GDP in 2004 and was at its lowest, 0.1836 BoP, current US$ per US$ of GDP, in 2016.
Papua New Guinea ranks 174th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Papua New Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.4034 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.4532 BoP, current US$ per US$ of GDP | +12.4% |
| 1978 | 0.4649 BoP, current US$ per US$ of GDP | +2.6% |
| 1979 | 0.4452 BoP, current US$ per US$ of GDP | -4.2% |
| 1980 | 0.5193 BoP, current US$ per US$ of GDP | +16.7% |
| 1981 | 0.5758 BoP, current US$ per US$ of GDP | +10.9% |
| 1982 | 0.5764 BoP, current US$ per US$ of GDP | +0.1% |
| 1983 | 0.5105 BoP, current US$ per US$ of GDP | -11.4% |
| 1984 | 0.5167 BoP, current US$ per US$ of GDP | +1.2% |
| 1985 | 0.48 BoP, current US$ per US$ of GDP | -7.1% |
| 1986 | 0.4651 BoP, current US$ per US$ of GDP | -3.1% |
| 1987 | 0.4794 BoP, current US$ per US$ of GDP | +3.1% |
| 1988 | 0.4977 BoP, current US$ per US$ of GDP | +3.8% |
| 1989 | 0.4935 BoP, current US$ per US$ of GDP | -0.8% |
| 1990 | 0.4686 BoP, current US$ per US$ of GDP | -5.0% |
| 1991 | 0.5141 BoP, current US$ per US$ of GDP | +9.7% |
| 1992 | 0.4588 BoP, current US$ per US$ of GDP | -10.8% |
| 1993 | 0.3898 BoP, current US$ per US$ of GDP | -15.0% |
| 1994 | 0.3513 BoP, current US$ per US$ of GDP | -9.9% |
| 1995 | 0.4108 BoP, current US$ per US$ of GDP | +17.0% |
| 1996 | 0.4445 BoP, current US$ per US$ of GDP | +8.2% |
| 1997 | 0.4875 BoP, current US$ per US$ of GDP | +9.7% |
| 1998 | 0.494 BoP, current US$ per US$ of GDP | +1.3% |
| 1999 | 0.5175 BoP, current US$ per US$ of GDP | +4.7% |
| 2000 | 0.503 BoP, current US$ per US$ of GDP | -2.8% |
| 2001 | 0.5175 BoP, current US$ per US$ of GDP | +2.9% |
| 2002 | 0.6106 BoP, current US$ per US$ of GDP | +18.0% |
| 2003 | 0.5816 BoP, current US$ per US$ of GDP | -4.8% |
| 2004 | 0.6258 BoP, current US$ per US$ of GDP | +7.6% |
| 2005 | 0.5533 BoP, current US$ per US$ of GDP | -11.6% |
| 2006 | 0.4155 BoP, current US$ per US$ of GDP | -24.9% |
| 2007 | 0.4667 BoP, current US$ per US$ of GDP | +12.3% |
| 2008 | 0.4192 BoP, current US$ per US$ of GDP | -10.2% |
| 2009 | 0.4063 BoP, current US$ per US$ of GDP | -3.1% |
| 2010 | 0.4414 BoP, current US$ per US$ of GDP | +8.6% |
| 2011 | 0.402 BoP, current US$ per US$ of GDP | -8.9% |
| 2012 | 0.3991 BoP, current US$ per US$ of GDP | -0.7% |
| 2013 | 0.439 BoP, current US$ per US$ of GDP | +10.0% |
| 2014 | 0.2578 BoP, current US$ per US$ of GDP | -41.3% |
| 2015 | 0.2219 BoP, current US$ per US$ of GDP | -13.9% |
| 2016 | 0.1836 BoP, current US$ per US$ of GDP | -17.3% |
| 2017 | 0.2327 BoP, current US$ per US$ of GDP | +26.7% |
| 2018 | 0.2485 BoP, current US$ per US$ of GDP | +6.8% |
| 2019 | 0.2557 BoP, current US$ per US$ of GDP | +2.9% |
| 2020 | 0.2215 BoP, current US$ per US$ of GDP | -13.4% |
| 2021 | 0.2462 BoP, current US$ per US$ of GDP | +11.2% |
| 2022 | 0.2707 BoP, current US$ per US$ of GDP | +9.9% |
| 2023 | 0.2677 BoP, current US$ per US$ of GDP | -1.1% |
| 2024 | 0.2299 BoP, current US$ per US$ of GDP | -14.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.2299 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 65% of the median. (47 countries reporting)
- Papua New Guinea's 0.2299 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 38% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4417 BoP, current US$ per US$ of GDP | 0.4034 BoP, current US$ per US$ of GDP | 0.4649 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.5114 BoP, current US$ per US$ of GDP | 0.4651 BoP, current US$ per US$ of GDP | 0.5764 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.4537 BoP, current US$ per US$ of GDP | 0.3513 BoP, current US$ per US$ of GDP | 0.5175 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.5099 BoP, current US$ per US$ of GDP | 0.4063 BoP, current US$ per US$ of GDP | 0.6258 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3082 BoP, current US$ per US$ of GDP | 0.1836 BoP, current US$ per US$ of GDP | 0.4414 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2472 BoP, current US$ per US$ of GDP | 0.2215 BoP, current US$ per US$ of GDP | 0.2707 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 171 Australia 0.2361 BoP, current US$ per US$ of GDP compare
- 172 Myanmar 0.2312 BoP, current US$ per US$ of GDP compare
- 173 Kenya 0.2311 BoP, current US$ per US$ of GDP compare
- 175 Uruguay 0.2286 BoP, current US$ per US$ of GDP compare
- 176 Venezuela 0.2285 BoP, current US$ per US$ of GDP compare
- 177 Japan 0.225 BoP, current US$ per US$ of GDP 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Papua New Guinea?
- Imports of goods and services (bop, current us$), per unit of gdp in Papua New Guinea was 0.2299 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.6258 BoP, current US$ per US$ of GDP in 2004.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.1836 BoP, current US$ per US$ of GDP in 2016.
- How does Papua New Guinea rank for imports of goods and services (bop, current us$), per unit of gdp?
- Papua New Guinea ranks 174th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.