Service exports (BoP, current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Service exports (BoP, current US$), per unit of GDP was 0.0024 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service exports (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
Papua New Guinea recorded 0.0024 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2024. That is the lowest value across all 49 years on record.
Compared with earlier readings it is down 81.6% on the previous year and down 73.1% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Papua New Guinea peaked at 0.0925 BoP, current US$ per US$ of GDP in 2001 and was at its lowest, 0.0024 BoP, current US$ per US$ of GDP, in 2024.
Papua New Guinea ranks 198th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Papua New Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0456 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0232 BoP, current US$ per US$ of GDP | -49.2% |
| 1978 | 0.0183 BoP, current US$ per US$ of GDP | -21.0% |
| 1979 | 0.0182 BoP, current US$ per US$ of GDP | -0.3% |
| 1980 | 0.017 BoP, current US$ per US$ of GDP | -6.7% |
| 1981 | 0.0339 BoP, current US$ per US$ of GDP | +99.2% |
| 1982 | 0.0403 BoP, current US$ per US$ of GDP | +18.8% |
| 1983 | 0.0295 BoP, current US$ per US$ of GDP | -26.7% |
| 1984 | 0.0252 BoP, current US$ per US$ of GDP | -14.6% |
| 1985 | 0.0264 BoP, current US$ per US$ of GDP | +4.8% |
| 1986 | 0.0274 BoP, current US$ per US$ of GDP | +3.6% |
| 1987 | 0.0309 BoP, current US$ per US$ of GDP | +13.1% |
| 1988 | 0.0335 BoP, current US$ per US$ of GDP | +8.1% |
| 1989 | 0.0473 BoP, current US$ per US$ of GDP | +41.5% |
| 1990 | 0.0639 BoP, current US$ per US$ of GDP | +35.0% |
| 1991 | 0.0704 BoP, current US$ per US$ of GDP | +10.3% |
| 1992 | 0.0752 BoP, current US$ per US$ of GDP | +6.7% |
| 1993 | 0.0617 BoP, current US$ per US$ of GDP | -18.0% |
| 1994 | 0.0428 BoP, current US$ per US$ of GDP | -30.6% |
| 1995 | 0.0693 BoP, current US$ per US$ of GDP | +62.0% |
| 1996 | 0.0838 BoP, current US$ per US$ of GDP | +20.9% |
| 1997 | 0.0804 BoP, current US$ per US$ of GDP | -4.1% |
| 1998 | 0.0839 BoP, current US$ per US$ of GDP | +4.4% |
| 1999 | 0.0712 BoP, current US$ per US$ of GDP | -15.2% |
| 2000 | 0.0689 BoP, current US$ per US$ of GDP | -3.2% |
| 2001 | 0.0925 BoP, current US$ per US$ of GDP | +34.3% |
| 2002 | 0.0544 BoP, current US$ per US$ of GDP | -41.2% |
| 2003 | 0.0659 BoP, current US$ per US$ of GDP | +21.2% |
| 2004 | 0.0518 BoP, current US$ per US$ of GDP | -21.4% |
| 2005 | 0.0623 BoP, current US$ per US$ of GDP | +20.2% |
| 2006 | 0.0378 BoP, current US$ per US$ of GDP | -39.3% |
| 2007 | 0.0377 BoP, current US$ per US$ of GDP | -0.1% |
| 2008 | 0.0311 BoP, current US$ per US$ of GDP | -17.6% |
| 2009 | 0.016 BoP, current US$ per US$ of GDP | -48.7% |
| 2010 | 0.0217 BoP, current US$ per US$ of GDP | +36.1% |
| 2011 | 0.0235 BoP, current US$ per US$ of GDP | +8.3% |
| 2012 | 0.0225 BoP, current US$ per US$ of GDP | -4.4% |
| 2013 | 0.0196 BoP, current US$ per US$ of GDP | -12.6% |
| 2014 | 0.0091 BoP, current US$ per US$ of GDP | -53.8% |
| 2015 | 0.0067 BoP, current US$ per US$ of GDP | -26.4% |
| 2016 | 0.0059 BoP, current US$ per US$ of GDP | -11.7% |
| 2017 | 0.0129 BoP, current US$ per US$ of GDP | +119.5% |
| 2018 | 0.0124 BoP, current US$ per US$ of GDP | -4.2% |
| 2019 | 0.0118 BoP, current US$ per US$ of GDP | -5.2% |
| 2020 | 0.0041 BoP, current US$ per US$ of GDP | -65.0% |
| 2021 | 0.0073 BoP, current US$ per US$ of GDP | +76.7% |
| 2022 | 0.0078 BoP, current US$ per US$ of GDP | +7.6% |
| 2023 | 0.0133 BoP, current US$ per US$ of GDP | +69.6% |
| 2024 | 0.0024 BoP, current US$ per US$ of GDP | -81.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0024 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 4% of the median. (47 countries reporting)
- Papua New Guinea's 0.0024 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.089 BoP, current US$ per US$ of GDP, 3% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0263 BoP, current US$ per US$ of GDP | 0.0182 BoP, current US$ per US$ of GDP | 0.0456 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0311 BoP, current US$ per US$ of GDP | 0.017 BoP, current US$ per US$ of GDP | 0.0473 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0703 BoP, current US$ per US$ of GDP | 0.0428 BoP, current US$ per US$ of GDP | 0.0839 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0518 BoP, current US$ per US$ of GDP | 0.016 BoP, current US$ per US$ of GDP | 0.0925 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0146 BoP, current US$ per US$ of GDP | 0.0059 BoP, current US$ per US$ of GDP | 0.0235 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.007 BoP, current US$ per US$ of GDP | 0.0024 BoP, current US$ per US$ of GDP | 0.0133 BoP, current US$ per US$ of GDP | 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Papua New Guinea?
- Service exports (bop, current us$), per unit of gdp in Papua New Guinea was 0.0024 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.0925 BoP, current US$ per US$ of GDP in 2001.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0024 BoP, current US$ per US$ of GDP in 2024.
- How does Papua New Guinea rank for service exports (bop, current us$), per unit of gdp?
- Papua New Guinea ranks 198th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 73.1%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.