Papua New Guinea PG: Import Volume Index

Papua New Guinea PG: Import Volume Index data was reported at 100.087 2000=100 in 2016. This records a decrease from the previous number of 135.315 2000=100 for 2015. Papua New Guinea PG: Import Volume Index data is updated yearly, averaging 135.632 2000=100 from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 247.304 2000=100 in 2013 and a record low of 96.349 2000=100 in 2001. Papua New Guinea PG: Import Volume Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Trade Index. Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year’s trade values as weights. For economies for which UNCTAD does not publish data, the import volume indexes (lines 73) in the IMF's International Financial Statistics are used.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

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