Merchandise Trade (As % of GDP) rose to 63.4% in Papua New Guinea in 2017

Merchandise Trade (As % of GDP) (%)
Economy | Papua New Guinea | May 17, 2019
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Excel Sheet

Merchandise trade as a share of GDP reached 53.3 % in 2015 in Papua New Guinea, according to the National Statistical Office. This is 1.13 % less than in the previous year.

Historically, merchandise trade as a share of GDP in Papua New Guinea reached an all time high of 108 % in 2004 and an all time low of 40.5 % in 1962. When compared to Papua New Guinea's main peers, merchandise trade as a share of GDP in Australia amounted to 29.4 %, 34.0 % in Indonesia, 39.9 % in New Zealand and 45.6 % in Philippines in 2015.

Papua New Guinea has been ranked 88th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 61 places behind the position seen 10 years ago.

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.

Merchandise Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 37.0% 33.5% 31.5% 32.6% 29.4%
China % 48.1% 45.2% 43.3% 41.0% 35.7%
Indonesia % 42.7% 41.6% 40.5% 39.8% 34.0%
Malaysia % 139% 135% 134% 131% 126%
New Zealand % 44.4% 42.9% 41.5% 41.9% 39.9%
Papua New Guinea % 62.2% 52.0% 53.4% 55.5% 53.3%
Philippines % 50.0% 47.0% 45.0% 46.0% 45.6%
Singapore % 281% 271% 257% 249% 212%
Taiwan % ... ... ... ... ... ... ... ... ...
Vietnam % 150% 147% 154% 160% 170%