Papua New Guinea: Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
In , Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 39.25.
That's down 5.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 19.71 . Papua New Guinea ranks #30 globally out of 202 reporting countries. Within East Asia & Pacific, it ranks #15 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.WR.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
- 41.31
- Trough
- 11.40
- 1-year change
- -5.0%
- 5-year change
- +9.2%
- +1.8% / yr
- 10-year change
- +62.4%
- +5.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) |
|---|---|
| 39.2479 | |
| 41.3146 | |
| 38.7132 | |
| 36.8438 | |
| 32.4136 | |
| 35.9313 | |
| 38.2671 | |
| 33.0913 | |
| 37.0296 | |
| 25.1987 |
About Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TM.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023?
- In 2023, Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 39.25, according to World Bank Open Data.
- Is Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) rising or falling?
- Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) fell 5.0% from 2022 to 2023.
- How does Papua New Guinea rank globally on Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)?
- In 2023, Papua New Guinea ranked #30 out of 202 countries reporting Merchandise imports from low- and middle-income economies within region (% of total merchandise imports).
- How does Papua New Guinea's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023 was 19.71, so Papua New Guinea is above the world average. Within East Asia & Pacific, it ranks #15 of 36.
- What is Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TM.VAL.MRCH.WR.ZS), CC BY 4.0.