Merchandise trade as a proportion of GDP in Papua New Guinea
Papua New Guinea: Merchandise trade as a proportion of GDP was 56.9% in 2024. ▼ Falling
Latest (2024)
56.9%
Change on year
down 3.9%
World rank
102nd
of 218 countries
All-time high
107.8%
in 2004
All-time low
49.4%
in 2016
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Papua New Guinea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Papua New Guinea is 56.9%, measured in 2024.
That represents a change of down 3.9% on the previous year and up 3.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Papua New Guinea peaked at 107.8% in 2004 and was at its lowest, 49.4%, in 2016.
Papua New Guinea ranks 102nd of 218 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 92.2% | — |
| 2001 | 93.3% | +1.2% |
| 2002 | 92.6% | -0.8% |
| 2003 | 101.1% | +9.1% |
| 2004 | 107.8% | +6.6% |
| 2005 | 102.8% | -4.6% |
| 2006 | 73.6% | -28.4% |
| 2007 | 76.5% | +3.9% |
| 2008 | 75.7% | -1.1% |
| 2009 | 62.5% | -17.4% |
| 2010 | 65.0% | +4.1% |
| 2011 | 62.2% | -4.4% |
| 2012 | 52.0% | -16.3% |
| 2013 | 53.4% | +2.7% |
| 2014 | 55.1% | +3.2% |
| 2015 | 50.7% | -8.1% |
| 2016 | 49.4% | -2.4% |
| 2017 | 57.2% | +15.7% |
| 2018 | 58.2% | +1.8% |
| 2019 | 60.9% | +4.6% |
| 2020 | 53.1% | -12.8% |
| 2021 | 58.3% | +9.7% |
| 2022 | 64.7% | +11.1% |
| 2023 | 59.2% | -8.6% |
| 2024 | 56.9% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.8% | 62.5% | 107.8% | 10 |
| 2010s | 56.4% | 49.4% | 65.0% | 10 |
| 2020s | 58.4% | 53.1% | 64.7% | 5 |
Countries ranked near Papua New Guinea
- 99 Maldives 56.9% compare
- 100 Greece 56.9% compare
- 101 Marshall Islands 56.9% compare
- 103 Andorra 56.7% compare
- 104 Melanesia 56.5% compare
- 105 Timor-Leste 56.4% compare
- 105 Timor-Leste 56.4% 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 merchandise trade as a proportion of gdp in Papua New Guinea?
- Merchandise trade as a proportion of gdp in Papua New Guinea was 56.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Papua New Guinea?
- The highest recorded value was 107.8% in 2004.
- What is the lowest merchandise trade as a proportion of gdp recorded in Papua New Guinea?
- The lowest recorded value was 49.4% in 2016.
- How does Papua New Guinea rank for merchandise trade as a proportion of gdp?
- Papua New Guinea ranks 102nd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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