Papua New Guinea: Merchandise exports to high-income economies (% of total merchandise exports)
In , Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) was 69.25.
That's down 0.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Papua New Guinea ranks #90 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #10 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 84.14
- Trough
- 66.83
- 1-year change
- -0.5%
- 5-year change
- -6.8%
- -1.4% / yr
- 10-year change
- -8.5%
- -0.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 69.2516 | |
| 69.5877 | |
| 69.9080 | |
| 70.7164 | |
| 66.8279 | |
| 74.2786 | |
| 79.3344 | |
| 78.3904 | |
| 77.2402 | |
| 77.0997 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) was 69.25, according to World Bank Open Data.
- Is Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) fell 0.5% from 2022 to 2023.
- How does Papua New Guinea rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Papua New Guinea ranked #90 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Papua New Guinea's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Papua New Guinea is above the world average. Within East Asia & Pacific, it ranks #10 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.