Terms of trade adjustment in Papua New Guinea
Papua New Guinea: Terms of trade adjustment was -140.73 million constant LCU in 2004. ◆ Volatile
Latest (2004)
-140.73 million constant LCU
Change on year
up 25.6%
World rank
110th
of 179 countries
All-time high
1.52 billion constant LCU
in 1973
All-time low
-995.93 million constant LCU
in 1994
Years of data
44
1961–2004
Terms of trade adjustment in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2004, terms of trade adjustment in Papua New Guinea stood at -140.73 million constant LCU.
Compared with earlier readings it is up 25.6% on the previous year and up 85.9% over ten years.
Over the whole period, terms of trade adjustment in Papua New Guinea peaked at 1.52 billion constant LCU in 1973 and was at its lowest, -995.93 million constant LCU, in 1994.
Papua New Guinea ranks 110th of 179 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.
Terms of trade adjustment in Papua New Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1961 | 141.54 million constant LCU | — |
| 1962 | 159.24 million constant LCU | +12.5% |
| 1963 | 191.64 million constant LCU | +20.3% |
| 1964 | 243.35 million constant LCU | +27.0% |
| 1965 | 273.07 million constant LCU | +12.2% |
| 1966 | 261.42 million constant LCU | -4.3% |
| 1967 | 308.52 million constant LCU | +18.0% |
| 1968 | 381.44 million constant LCU | +23.6% |
| 1969 | 428.43 million constant LCU | +12.3% |
| 1970 | 454.61 million constant LCU | +6.1% |
| 1971 | 461.82 million constant LCU | +1.6% |
| 1972 | 669.88 million constant LCU | +45.1% |
| 1973 | 1.52 billion constant LCU | +127.0% |
| 1974 | 1.37 billion constant LCU | -10.0% |
| 1975 | 597.08 million constant LCU | -56.4% |
| 1976 | 1.04 billion constant LCU | +74.3% |
| 1977 | 1.14 billion constant LCU | +9.1% |
| 1978 | 869.52 million constant LCU | -23.4% |
| 1979 | 1.35 billion constant LCU | +55.1% |
| 1980 | 982.14 million constant LCU | -27.2% |
| 1981 | 289.39 million constant LCU | -70.5% |
| 1982 | 141.39 million constant LCU | -51.1% |
| 1983 | 339.16 million constant LCU | +139.9% |
| 1984 | 459.96 million constant LCU | +35.6% |
| 1985 | 350.74 million constant LCU | -23.7% |
| 1986 | 154.27 million constant LCU | -56.0% |
| 1987 | 340.30 million constant LCU | +120.6% |
| 1988 | 538.34 million constant LCU | +58.2% |
| 1989 | 20.47 million constant LCU | -96.2% |
| 1990 | -134.94 million constant LCU | -759.3% |
| 1991 | -122.11 million constant LCU | -9.5% |
| 1992 | -234.78 million constant LCU | +92.3% |
| 1993 | -615.12 million constant LCU | +162.0% |
| 1994 | -995.93 million constant LCU | +61.9% |
| 1995 | -441.52 million constant LCU | -55.7% |
| 1996 | -260.59 million constant LCU | -41.0% |
| 1997 | -264.92 million constant LCU | +1.7% |
| 1998 | 0 constant LCU | -100.0% |
| 1999 | 299.82 million constant LCU | — |
| 2000 | 330.11 million constant LCU | +10.1% |
| 2001 | -174.96 million constant LCU | -153.0% |
| 2002 | -174.46 million constant LCU | -0.3% |
| 2003 | -189.04 million constant LCU | +8.4% |
| 2004 | -140.73 million constant LCU | -25.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 265.41 million constant LCU | 141.54 million constant LCU | 428.43 million constant LCU | 9 |
| 1970s | 946.57 million constant LCU | 454.61 million constant LCU | 1.52 billion constant LCU | 10 |
| 1980s | 361.62 million constant LCU | 20.47 million constant LCU | 982.14 million constant LCU | 10 |
| 1990s | -277.01 million constant LCU | -995.93 million constant LCU | 299.82 million constant LCU | 10 |
| 2000s | -69.82 million constant LCU | -189.04 million constant LCU | 330.11 million constant LCU | 5 |
Countries ranked near Papua New Guinea
- 107 El Salvador -37.65 million constant LCU compare
- 108 Palestine, State of -41.99 million constant LCU compare
- 109 Bulgaria -68.12 million constant LCU compare
- 111 Bosnia and Herzegovina -180.02 million constant LCU compare
- 112 Bahamas -297.96 million constant LCU compare
- 113 Kosovo -355.02 million constant LCU
- 113 Kosovo (UNSCR 1244) -355.02 million constant LCU
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)
- External balance on goods and services (current US$), annual growth -4.41 % change on previous year (2004)
- External balance on goods and services (current LCU), annual growth -13.34 % change on previous year (2004)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.68 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.6558 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,910 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.09 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.1513 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 440.79 constant 2015 US$ per person (2024)
Frequently asked questions
- What is terms of trade adjustment in Papua New Guinea?
- Terms of trade adjustment in Papua New Guinea was -140.73 million constant LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Papua New Guinea?
- The highest recorded value was 1.52 billion constant LCU in 1973.
- What is the lowest terms of trade adjustment recorded in Papua New Guinea?
- The lowest recorded value was -995.93 million constant LCU in 1994.
- How does Papua New Guinea rank for terms of trade adjustment?
- Papua New Guinea ranks 110th out of 179 countries with data for 2004.
- Is terms of trade adjustment rising or falling in Papua New Guinea?
- Over the last ten years it is up 85.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.