Papua New Guinea - Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Papua New Guinea was 8.63 as of 2004. As the graph below shows, over the past 42 years this indicator reached a maximum value of 32.29 in 1970 and a minimum value of -16.73 in 1990.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 9.31
1963 15.55
1964 19.90
1965 23.93
1966 17.77
1967 9.24
1968 9.70
1969 27.82
1970 32.29
1971 8.09
1972 -14.24
1973 -14.74
1974 12.51
1975 2.14
1976 -6.38
1977 11.56
1978 2.08
1979 7.70
1980 9.54
1981 0.15
1982 -1.17
1983 -0.64
1984 -1.81
1985 -2.04
1986 -2.03
1987 2.96
1988 9.74
1989 -10.06
1990 -16.73
1991 20.09
1992 -3.03
1993 -13.51
1994 8.24
1995 5.07
1996 10.65
1997 3.21
1998 0.39
1999 14.01
2000 -4.75
2001 8.27
2002 17.52
2003 -6.45
2004 8.63

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts