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Foreign Trade (As % of GDP) in Papua New Guinea

Source: World Bank
Last Updated: Aug 2, 2021

Foreign trade as a share of GDP reached 131 % in 2004 in Papua New Guinea, according to the National Statistical Office. This is 6.18 % more than in the previous year.

Historically, foreign trade as a share of GDP in Papua New Guinea reached an all time high of 131 % in 2004 and an all time low of % in. When compared to Papua New Guinea's main peers, foreign trade as a share of GDP in Australia amounted to 37.1 %, 59.8 % in Indonesia, 58.8 % in New Zealand and 87.1 % in Philippines in 2004.

Papua New Guinea has been ranked 26th within the group of 174 countries we follow in terms of foreign trade as a share of GDP, 17 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

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