Papua New Guinea - External balance on goods and services
External balance on goods and services (current US$)
The latest value for External balance on goods and services (current US$) in Papua New Guinea was $262,700,000.00 as of 2010. Over the past 49 years, the value for this indicator has fluctuated between $1,020,003,000.00 in 2008 and ($560,460,400.00) in 1982.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | ($29,456,000.00) |
| 1962 | ($30,576,000.00) |
| 1963 | ($37,408,000.00) |
| 1964 | ($48,832,010.00) |
| 1965 | ($68,652,700.00) |
| 1966 | ($91,275,620.00) |
| 1967 | ($98,331,280.00) |
| 1968 | ($102,923,100.00) |
| 1969 | ($148,728,900.00) |
| 1970 | ($228,917,000.00) |
| 1971 | ($264,612,500.00) |
| 1972 | ($146,347,400.00) |
| 1973 | $130,663,300.00 |
| 1974 | $103,344,300.00 |
| 1975 | ($83,911,260.00) |
| 1976 | $15,009,970.00 |
| 1977 | ($21,228,200.00) |
| 1978 | ($67,851,290.00) |
| 1979 | ($2,528,710.00) |
| 1980 | ($258,160,900.00) |
| 1981 | ($512,184,500.00) |
| 1982 | ($560,460,400.00) |
| 1983 | ($442,171,900.00) |
| 1984 | ($349,766,500.00) |
| 1985 | ($250,225,000.00) |
| 1986 | ($205,888,400.00) |
| 1987 | ($204,537,900.00) |
| 1988 | ($317,033,800.00) |
| 1989 | ($429,087,100.00) |
| 1990 | ($267,944,500.00) |
| 1991 | ($374,575,600.00) |
| 1992 | $94,028,720.00 |
| 1993 | $780,884,400.00 |
| 1994 | $757,524,900.00 |
| 1995 | $803,809,000.00 |
| 1996 | $567,395,400.00 |
| 1997 | ($44,080,370.00) |
| 1998 | $197,885,700.00 |
| 1999 | $355,700,700.00 |
| 2000 | $596,336,100.00 |
| 2001 | $402,985,400.00 |
| 2002 | $87,361,990.00 |
| 2003 | $544,150,100.00 |
| 2004 | $520,153,700.00 |
| 2005 | $468,634,100.00 |
| 2006 | $912,188,400.00 |
| 2007 | $811,007,900.00 |
| 2008 | $1,020,003,000.00 |
| 2009 | $63,610,580.00 |
| 2010 | $262,700,000.00 |
External balance on goods and services (current LCU)
The value for External balance on goods and services (current LCU) in Papua New Guinea was 714,281,300.00 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 2,791,297,000.00 in 2006 and a minimum value of -413,900,000.00 in 1982.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1961 | -26,300,000.00 |
| 1962 | -27,300,000.00 |
| 1963 | -33,400,000.00 |
| 1964 | -43,600,000.00 |
| 1965 | -61,300,000.00 |
| 1966 | -81,500,000.00 |
| 1967 | -87,800,000.00 |
| 1968 | -91,900,000.00 |
| 1969 | -132,800,000.00 |
| 1970 | -204,400,000.00 |
| 1971 | -233,599,900.00 |
| 1972 | -122,200,100.00 |
| 1973 | 92,000,000.00 |
| 1974 | 72,000,000.00 |
| 1975 | -64,099,810.00 |
| 1976 | 11,899,900.00 |
| 1977 | -16,800,000.00 |
| 1978 | -48,099,780.00 |
| 1979 | -1,799,936.00 |
| 1980 | -173,200,100.00 |
| 1981 | -344,700,200.00 |
| 1982 | -413,900,000.00 |
| 1983 | -369,700,000.00 |
| 1984 | -314,300,200.00 |
| 1985 | -250,300,000.00 |
| 1986 | -200,000,000.00 |
| 1987 | -185,700,000.00 |
| 1988 | -274,900,000.00 |
| 1989 | -368,500,000.00 |
| 1990 | -256,000,000.00 |
| 1991 | -356,599,900.00 |
| 1992 | 90,700,030.00 |
| 1993 | 764,000,000.00 |
| 1994 | 761,331,600.00 |
| 1995 | 1,074,037,000.00 |
| 1996 | 747,801,800.00 |
| 1997 | -63,215,800.00 |
| 1998 | 407,507,700.00 |
| 1999 | 903,118,300.00 |
| 2000 | 1,648,746,000.00 |
| 2001 | 1,359,791,000.00 |
| 2002 | 339,467,700.00 |
| 2003 | 1,933,720,000.00 |
| 2004 | 1,675,798,000.00 |
| 2005 | 1,452,766,000.00 |
| 2006 | 2,791,297,000.00 |
| 2007 | 2,408,694,000.00 |
| 2008 | 2,754,008,000.00 |
| 2009 | 175,565,200.00 |
| 2010 | 714,281,300.00 |
External balance on goods and services (constant LCU)
The value for External balance on goods and services (constant LCU) in Papua New Guinea was 1,343,401,000.00 as of 2004. As the graph below shows, over the past 43 years this indicator reached a maximum value of 1,591,508,000.00 in 2003 and a minimum value of -960,194,200.00 in 1971.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1961 | -450,744,200.00 |
| 1962 | -490,698,400.00 |
| 1963 | -591,452,500.00 |
| 1964 | -753,991,200.00 |
| 1965 | -349,412,100.00 |
| 1966 | -424,637,200.00 |
| 1967 | -458,655,800.00 |
| 1968 | -494,830,800.00 |
| 1969 | -669,237,700.00 |
| 1970 | -934,800,100.00 |
| 1971 | -960,194,200.00 |
| 1972 | -575,805,200.00 |
| 1973 | -187,463,100.00 |
| 1974 | -202,197,000.00 |
| 1975 | -256,339,200.00 |
| 1976 | -259,933,100.00 |
| 1977 | -348,933,100.00 |
| 1978 | -296,587,200.00 |
| 1979 | -390,019,500.00 |
| 1980 | -514,355,500.00 |
| 1981 | -468,957,400.00 |
| 1982 | -467,639,600.00 |
| 1983 | -442,844,100.00 |
| 1984 | -388,821,400.00 |
| 1985 | -244,001,800.00 |
| 1986 | -88,041,790.00 |
| 1987 | -138,471,200.00 |
| 1988 | -285,087,700.00 |
| 1989 | -148,652,900.00 |
| 1990 | 17,967,710.00 |
| 1991 | -25,753,720.00 |
| 1992 | 375,405,400.00 |
| 1993 | 987,625,200.00 |
| 1994 | 1,104,535,000.00 |
| 1995 | 969,537,800.00 |
| 1996 | 700,860,600.00 |
| 1997 | 314,674,600.00 |
| 1998 | 407,507,700.00 |
| 1999 | 540,283,700.00 |
| 2000 | 1,092,634,000.00 |
| 2001 | 1,296,215,000.00 |
| 2002 | 438,787,500.00 |
| 2003 | 1,591,508,000.00 |
| 2004 | 1,343,401,000.00 |
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Papua New Guinea was 2.77 as of 2010. Its highest value over the past 49 years was 17.34 in 1995, while its lowest value was -36.87 in 1971.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | -12.03 |
| 1962 | -11.71 |
| 1963 | -13.56 |
| 1964 | -15.99 |
| 1965 | -19.95 |
| 1966 | -23.35 |
| 1967 | -22.26 |
| 1968 | -21.21 |
| 1969 | -26.98 |
| 1970 | -35.46 |
| 1971 | -36.87 |
| 1972 | -17.04 |
| 1973 | 10.06 |
| 1974 | 7.04 |
| 1975 | -6.19 |
| 1976 | 0.99 |
| 1977 | -1.29 |
| 1978 | -3.48 |
| 1979 | -0.11 |
| 1980 | -10.14 |
| 1981 | -20.50 |
| 1982 | -23.66 |
| 1983 | -17.26 |
| 1984 | -13.70 |
| 1985 | -10.33 |
| 1986 | -7.78 |
| 1987 | -6.51 |
| 1988 | -8.67 |
| 1989 | -12.10 |
| 1990 | -8.32 |
| 1991 | -9.89 |
| 1992 | 2.15 |
| 1993 | 15.70 |
| 1994 | 13.77 |
| 1995 | 17.34 |
| 1996 | 11.01 |
| 1997 | -0.89 |
| 1998 | 5.22 |
| 1999 | 10.23 |
| 2000 | 16.93 |
| 2001 | 13.08 |
| 2002 | 2.91 |
| 2003 | 15.39 |
| 2004 | 13.25 |
| 2005 | 9.56 |
| 2006 | 16.29 |
| 2007 | 12.81 |
| 2008 | 12.73 |
| 2009 | 0.80 |
| 2010 | 2.77 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
