Home Papua New Guinea Trade Trade Openness

Papua New Guinea Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

131.08% +7.63% (+6.2%)
Year 2004 Rank #147 Global Peak 131.08% (2004) Source World Bank

Papua New Guinea Trade Openness (1961–2004)

Overview

Papua New Guinea's trade openness stood at 131.08% in 2004, a rise of +7.63% from 2003. Papua New Guinea ranked 147th globally.

Data & projection

Year Trade Openness YoY change Rank
2004 131.08% +7.63% #147
2003 123.45% +4.53% #149
2002 118.92% +1.34% #143
2001 117.58% +2.16% #137
2000 115.42% −0.58% #134
1999 116.01% +13.15% #140
1998 102.86% +3.65% #135
1997 99.21% −8.60% #129
1996 107.80% +3.06% #136
1995 104.74% +11.44% #134
1994 93.30% +3.71% #120
1993 89.59% −3.96% #112
1992 93.55% −0.87% #111
1991 94.42% +4.85% #118
1990 89.57% −3.82% #108
Show all years (1961-2004)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Papua New Guinea's trade openness?

Papua New Guinea's trade openness was 131.08% in 2004. Ranked 147th globally. This represents a 6.2% increase from the previous year.

What was the highest trade openness in Papua New Guinea?

Papua New Guinea's trade openness peaked at 131.08% in 2004.

What was the lowest trade openness in Papua New Guinea?

The lowest trade openness in Papua New Guinea was 44.13% in 1962.

How does Papua New Guinea rank in trade openness?

Papua New Guinea ranks 147th globally in trade openness as of 2004.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the trade openness of Papua New Guinea in 2004?

The trade openness of Papua New Guinea in 2004 was 131.08%. This ranks 147th in the world.

Cite this page

APA
Papua New Guinea Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/papua-new-guinea/trade-openness
BibTeX
@misc{historysaid_papua-new-guinea_trade-openness, title = {Papua New Guinea Trade Openness}, url = {https://historysaid.com/papua-new-guinea/trade-openness}, publisher = {HistorySaid}, year = {2026} }