Trade in Papua New Guinea
Papua New Guinea: Trade was 131.1% in 2004. ▲ Rising
Trade in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Papua New Guinea is 131.1%, measured in 2004. That is the highest value across all 44 years on record.
That represents a change of up 6.2% on the previous year and up 40.5% over ten years.
Over the whole period, trade in Papua New Guinea peaked at 131.1% in 2004 and was at its lowest, 44.1%, in 1962.
Papua New Guinea ranks 36th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Trade in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 44.2% | — |
| 1962 | 44.1% | -0.3% |
| 1963 | 48.4% | +9.6% |
| 1964 | 52.6% | +8.7% |
| 1965 | 56.0% | +6.5% |
| 1966 | 56.9% | +1.6% |
| 1967 | 57.0% | +0.1% |
| 1968 | 58.9% | +3.4% |
| 1969 | 64.8% | +10.0% |
| 1970 | 72.4% | +11.7% |
| 1971 | 79.6% | +9.9% |
| 1972 | 79.5% | -0.2% |
| 1973 | 79.7% | +0.3% |
| 1974 | 86.7% | +8.8% |
| 1975 | 86.1% | -0.7% |
| 1976 | 82.6% | -4.2% |
| 1977 | 91.2% | +10.5% |
| 1978 | 87.4% | -4.3% |
| 1979 | 91.1% | +4.3% |
| 1980 | 96.5% | +6.0% |
| 1981 | 97.0% | +0.5% |
| 1982 | 97.3% | +0.4% |
| 1983 | 89.6% | -7.9% |
| 1984 | 92.6% | +3.3% |
| 1985 | 94.6% | +2.1% |
| 1986 | 94.9% | +0.4% |
| 1987 | 92.8% | -2.2% |
| 1988 | 95.2% | +2.5% |
| 1989 | 93.4% | -1.9% |
| 1990 | 89.6% | -4.1% |
| 1991 | 94.4% | +5.4% |
| 1992 | 93.6% | -0.9% |
| 1993 | 89.6% | -4.2% |
| 1994 | 93.3% | +4.1% |
| 1995 | 104.7% | +12.3% |
| 1996 | 107.8% | +2.9% |
| 1997 | 99.2% | -8.0% |
| 1998 | 102.9% | +3.7% |
| 1999 | 116.0% | +12.8% |
| 2000 | 115.4% | -0.5% |
| 2001 | 117.6% | +1.9% |
| 2002 | 118.9% | +1.1% |
| 2003 | 123.4% | +3.8% |
| 2004 | 131.1% | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 53.7% | 44.1% | 64.8% | 9 |
| 1970s | 83.6% | 72.4% | 91.2% | 10 |
| 1980s | 94.4% | 89.6% | 97.3% | 10 |
| 1990s | 99.1% | 89.6% | 116.0% | 10 |
| 2000s | 121.3% | 115.4% | 131.1% | 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)
- Gross national expenditure (current US$), annual growth rate 13.86 % change on previous year (2004)
- Gross national expenditure (current US$), per unit of GDP 0.8675 current US$ per US$ of GDP (2004)
- Gross national expenditure (current US$), per capita 538.4 current US$ per person (2004)
- Gross national expenditure (current LCU), annual growth rate 3.22 % change on previous year (2004)
- Gross national expenditure (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2004)
- Gross national expenditure (current LCU), per capita 1,735 current LCU per person (2004)
- Exports of goods and services (current US$), annual growth rate 15.44 % change on previous year (2004)
- Exports of goods and services (current US$), per unit of GDP 0.7216 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is trade in Papua New Guinea?
- Trade in Papua New Guinea was 131.1% in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Papua New Guinea?
- The highest recorded value was 131.1% in 2004.
- What is the lowest trade recorded in Papua New Guinea?
- The lowest recorded value was 44.1% in 1962.
- How does Papua New Guinea rank for trade?
- Papua New Guinea ranks 36th out of 193 countries with data for 2004.
- Is trade rising or falling in Papua New Guinea?
- Over the last ten years it is up 40.5%. The long-run trend across the full record is rising.
- 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 Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.