Taxes on international trade in Papua New Guinea
Papua New Guinea: Taxes on international trade was 761.78 million current LCU in 2024. ▲ Rising
Taxes on international trade in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on international trade in Papua New Guinea stood at 761.78 million current LCU.
That represents a change of up 14.1% on the previous year and up 37.3% over ten years.
Over the whole period, taxes on international trade in Papua New Guinea peaked at 909.26 million current LCU in 2019 and was at its lowest, 195.20 million current LCU, in 1990.
Papua New Guinea ranks 102nd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Taxes on international trade in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 195.20 million current LCU | — |
| 1991 | 208.05 million current LCU | +6.6% |
| 1992 | 224.11 million current LCU | +7.7% |
| 1993 | 272.05 million current LCU | +21.4% |
| 1994 | 384.47 million current LCU | +41.3% |
| 1995 | 426.75 million current LCU | +11.0% |
| 1996 | 497.15 million current LCU | +16.5% |
| 1997 | 521.67 million current LCU | +4.9% |
| 1998 | 437.90 million current LCU | -16.1% |
| 1999 | 550.68 million current LCU | +25.8% |
| 2000 | 669.79 million current LCU | +21.6% |
| 2001 | 592.05 million current LCU | -11.6% |
| 2002 | 704.50 million current LCU | +19.0% |
| 2014 | 555.00 million current LCU | -21.2% |
| 2015 | 565.25 million current LCU | +1.8% |
| 2016 | 536.83 million current LCU | -5.0% |
| 2017 | 557.69 million current LCU | +3.9% |
| 2018 | 810.73 million current LCU | +45.4% |
| 2019 | 909.26 million current LCU | +12.2% |
| 2020 | 760.36 million current LCU | -16.4% |
| 2021 | 778.80 million current LCU | +2.4% |
| 2022 | 906.03 million current LCU | +16.3% |
| 2023 | 667.61 million current LCU | -26.3% |
| 2024 | 761.78 million current LCU | +14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 371.80 million current LCU | 195.20 million current LCU | 550.68 million current LCU | 10 |
| 2000s | 655.45 million current LCU | 592.05 million current LCU | 704.50 million current LCU | 3 |
| 2010s | 655.79 million current LCU | 536.83 million current LCU | 909.26 million current LCU | 6 |
| 2020s | 774.92 million current LCU | 667.61 million current LCU | 906.03 million current LCU | 5 |
Countries ranked near Papua New Guinea
More public sector data for Papua New Guinea
- Arms imports 9.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.8663 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 600 % change on previous year (1997)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 8.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.003 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.01 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.87 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Papua New Guinea?
- Taxes on international trade in Papua New Guinea was 761.78 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Papua New Guinea?
- The highest recorded value was 909.26 million current LCU in 2019.
- What is the lowest taxes on international trade recorded in Papua New Guinea?
- The lowest recorded value was 195.20 million current LCU in 1990.
- How does Papua New Guinea rank for taxes on international trade?
- Papua New Guinea ranks 102nd out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Papua New Guinea?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.