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Trade openness — all countries

Trade openness — Papua New Guinea

Trade openness in Papua New Guinea in 2004 — 131.08%. Ranked 25 in the world out of 172. Since 1961, the indicator has risen by 86.85 pp.

2004 131.08% +7.63 pp vs 2003
World rank 25of 172
Period maximum 131.08%2004
Period minimum 44.13%1962

Trend over time

1961–2004 · % of GDP

Trade openness — Papua New Guinea, 1961–200405010015019611966197119761981198619911996200120041961: 44.24%1962: 44.13%1963: 48.38%1964: 52.6%1965: 56%1966: 56.92%1967: 57%1968: 58.93%1969: 64.81%1970: 72.41%1971: 79.61%1972: 79.46%1973: 79.7%1974: 86.73%1975: 86.14%1976: 82.55%1977: 91.24%1978: 87.36%1979: 91.07%1980: 96.5%1981: 96.98%1982: 97.33%1983: 89.65%1984: 92.59%1985: 94.55%1986: 94.93%1987: 92.84%1988: 95.17%1989: 93.39%1990: 89.57%1991: 94.42%1992: 93.55%1993: 89.59%1994: 93.3%1995: 104.74%1996: 107.8%1997: 99.21%1998: 102.86%1999: 116.01%2000: 115.42%2001: 117.58%2002: 118.92%2003: 123.45%2004: 131.08%
Change over the period: +86.85 pp Annual average: 2.02 pp

Comparison, 2004

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 131.08%
World 54.19%
East Asia & Pacific 64.67%
Melanesia computed 94.62%
Lower-middle-income countries computed 54.27%
Trade openness — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year % Change, pp
2004 131.08 +7.63 pp
2003 123.45 +4.53 pp
2002 118.92 +1.34 pp
2001 117.58 +2.16 pp
2000 115.42 −0.58 pp
1999 116.01 +13.15 pp
1998 102.86 +3.65 pp
1997 99.21 −8.6 pp
1996 107.8 +3.06 pp
1995 104.74 +11.44 pp
1994 93.3 +3.71 pp
1993 89.59 −3.96 pp
1992 93.55 −0.87 pp
1991 94.42 +4.85 pp
1990 89.57 −3.82 pp
1989 93.39 −1.78 pp
1988 95.17 +2.33 pp
1987 92.84 −2.1 pp
1986 94.93 +0.38 pp
1985 94.55 +1.97 pp
1984 92.59 +2.94 pp
1983 89.65 −7.68 pp
1982 97.33 +0.35 pp
1981 96.98 +0.48 pp
1980 96.5 +5.44 pp
1979 91.07 +3.71 pp
1978 87.36 −3.89 pp
1977 91.24 +8.69 pp
1976 82.55 −3.59 pp
1975 86.14 −0.58 pp
1974 86.73 +7.03 pp
1973 79.7 +0.24 pp
1972 79.46 −0.15 pp
1971 79.61 +7.19 pp
1970 72.41 +7.6 pp
1969 64.81 +5.88 pp
1968 58.93 +1.94 pp
1967 57 +0.08 pp
1966 56.92 +0.91 pp
1965 56 +3.4 pp
1964 52.6 +4.23 pp
1963 48.38 +4.25 pp
1962 44.13 −0.11 pp
1961 44.24 —

Melanesia, 2004

The same indicator for neighboring countries — with links to their pages

PG Papua New Guinea 131.08 FJ Fiji 125.12 VU Vanuatu 98.71 SB Solomon Islands 62.81 NC New Caledonia 58.58
Full table for all countries

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Papua New Guinea

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Papua New Guinea by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Papua New Guinea by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Papua New Guinea by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Papua New Guinea by year
All indicators for Papua New Guinea