Imports of goods and services (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Imports of goods and services (current LCU), per unit of GDP was 1.9 current LCU per US$ of GDP in 2004. ◆ Volatile
Imports of goods and services (current LCU), per unit of GDP in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (current lcu), per unit of gdp in Papua New Guinea is 1.9 current LCU per US$ of GDP, measured in 2004.
The figure is down 1.1% on the previous year and up 374.9% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Papua New Guinea peaked at 2.25 current LCU per US$ of GDP in 2002 and was at its lowest, 0.2452 current LCU per US$ of GDP, in 1973.
Papua New Guinea ranks 114th of 193 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.
Imports of goods and services (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.2512 current LCU per US$ of GDP | — |
| 1962 | 0.2492 current LCU per US$ of GDP | -0.8% |
| 1963 | 0.2765 current LCU per US$ of GDP | +10.9% |
| 1964 | 0.3062 current LCU per US$ of GDP | +10.8% |
| 1965 | 0.3391 current LCU per US$ of GDP | +10.7% |
| 1966 | 0.3583 current LCU per US$ of GDP | +5.7% |
| 1967 | 0.3538 current LCU per US$ of GDP | -1.3% |
| 1968 | 0.3578 current LCU per US$ of GDP | +1.1% |
| 1969 | 0.4098 current LCU per US$ of GDP | +14.5% |
| 1970 | 0.4816 current LCU per US$ of GDP | +17.5% |
| 1971 | 0.5141 current LCU per US$ of GDP | +6.8% |
| 1972 | 0.4029 current LCU per US$ of GDP | -21.6% |
| 1973 | 0.2452 current LCU per US$ of GDP | -39.1% |
| 1974 | 0.2776 current LCU per US$ of GDP | +13.2% |
| 1975 | 0.3526 current LCU per US$ of GDP | +27.1% |
| 1976 | 0.3233 current LCU per US$ of GDP | -8.3% |
| 1977 | 0.3662 current LCU per US$ of GDP | +13.3% |
| 1978 | 0.322 current LCU per US$ of GDP | -12.1% |
| 1979 | 0.3245 current LCU per US$ of GDP | +0.8% |
| 1980 | 0.3578 current LCU per US$ of GDP | +10.3% |
| 1981 | 0.3953 current LCU per US$ of GDP | +10.5% |
| 1982 | 0.4467 current LCU per US$ of GDP | +13.0% |
| 1983 | 0.4469 current LCU per US$ of GDP | +0.0% |
| 1984 | 0.4775 current LCU per US$ of GDP | +6.8% |
| 1985 | 0.5246 current LCU per US$ of GDP | +9.8% |
| 1986 | 0.4989 current LCU per US$ of GDP | -4.9% |
| 1987 | 0.451 current LCU per US$ of GDP | -9.6% |
| 1988 | 0.4502 current LCU per US$ of GDP | -0.2% |
| 1989 | 0.453 current LCU per US$ of GDP | +0.6% |
| 1990 | 0.4676 current LCU per US$ of GDP | +3.2% |
| 1991 | 0.4965 current LCU per US$ of GDP | +6.2% |
| 1992 | 0.4408 current LCU per US$ of GDP | -11.2% |
| 1993 | 0.3615 current LCU per US$ of GDP | -18.0% |
| 1994 | 0.3997 current LCU per US$ of GDP | +10.6% |
| 1995 | 0.5839 current LCU per US$ of GDP | +46.1% |
| 1996 | 0.6379 current LCU per US$ of GDP | +9.2% |
| 1997 | 0.7178 current LCU per US$ of GDP | +12.5% |
| 1998 | 1.01 current LCU per US$ of GDP | +40.1% |
| 1999 | 1.34 current LCU per US$ of GDP | +33.6% |
| 2000 | 1.36 current LCU per US$ of GDP | +1.4% |
| 2001 | 1.76 current LCU per US$ of GDP | +29.5% |
| 2002 | 2.25 current LCU per US$ of GDP | +27.8% |
| 2003 | 1.92 current LCU per US$ of GDP | -14.8% |
| 2004 | 1.9 current LCU per US$ of GDP | -1.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.9 current LCU per US$ of GDP is below the median for lower middle income countries, which is 20.96 current LCU per US$ of GDP, 9% of the median. (45 countries reporting)
- Papua New Guinea's 1.9 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.88 current LCU per US$ of GDP, 1.0× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3224 current LCU per US$ of GDP | 0.2492 current LCU per US$ of GDP | 0.4098 current LCU per US$ of GDP | 9 |
| 1970s | 0.361 current LCU per US$ of GDP | 0.2452 current LCU per US$ of GDP | 0.5141 current LCU per US$ of GDP | 10 |
| 1980s | 0.4502 current LCU per US$ of GDP | 0.3578 current LCU per US$ of GDP | 0.5246 current LCU per US$ of GDP | 10 |
| 1990s | 0.6454 current LCU per US$ of GDP | 0.3615 current LCU per US$ of GDP | 1.34 current LCU per US$ of GDP | 10 |
| 2000s | 1.84 current LCU per US$ of GDP | 1.36 current LCU per US$ of GDP | 2.25 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 111 United Arab Emirates 3.39 current LCU per US$ of GDP
- 112 Malaysia 2.8 current LCU per US$ of GDP compare
- 113 Guatemala 2.38 current LCU per US$ of GDP compare
- 115 Singapore 1.86 current LCU per US$ of GDP compare
- 116 Romania 1.82 current LCU per US$ of GDP compare
- 117 Poland 1.77 current LCU 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current lcu), per unit of gdp in Papua New Guinea?
- Imports of goods and services (current lcu), per unit of gdp in Papua New Guinea was 1.9 current LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 2.25 current LCU per US$ of GDP in 2002.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.2452 current LCU per US$ of GDP in 1973.
- How does Papua New Guinea rank for imports of goods and services (current lcu), per unit of gdp?
- Papua New Guinea ranks 114th out of 193 countries with data for 2004.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 374.9%. 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 Imports of goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.