GDP at market prices in Papua New Guinea
Papua New Guinea: GDP at market prices was 27.20 billion constant 2010 US$ in 2024. ◆ Volatile
Latest (2024)
27.20 billion constant 2010 US$
Change on year
up 4.1%
World rank
111th
of 208 countries
All-time high
27.20 billion constant 2010 US$
in 2024
All-time low
5.08 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Papua New Guinea, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
The most recent figure for gdp at market prices in Papua New Guinea is 27.20 billion constant 2010 US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 33.5% over ten years.
Over the whole period, gdp at market prices in Papua New Guinea peaked at 27.20 billion constant 2010 US$ in 2024 and was at its lowest, 5.08 billion constant 2010 US$, in 1970.
Papua New Guinea ranks 111th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices in Papua New Guinea, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 5.08 billion constant 2010 US$ | — |
| 1971 | 5.40 billion constant 2010 US$ | +6.3% |
| 1972 | 5.71 billion constant 2010 US$ | +5.6% |
| 1973 | 6.08 billion constant 2010 US$ | +6.5% |
| 1974 | 6.24 billion constant 2010 US$ | +2.6% |
| 1975 | 6.18 billion constant 2010 US$ | -0.9% |
| 1976 | 5.97 billion constant 2010 US$ | -3.4% |
| 1977 | 6.02 billion constant 2010 US$ | +0.8% |
| 1978 | 6.54 billion constant 2010 US$ | +8.5% |
| 1979 | 6.66 billion constant 2010 US$ | +1.8% |
| 1980 | 6.51 billion constant 2010 US$ | -2.3% |
| 1981 | 6.49 billion constant 2010 US$ | -0.3% |
| 1982 | 6.51 billion constant 2010 US$ | +0.4% |
| 1983 | 6.72 billion constant 2010 US$ | +3.2% |
| 1984 | 6.70 billion constant 2010 US$ | -0.4% |
| 1985 | 6.96 billion constant 2010 US$ | +4.0% |
| 1986 | 7.29 billion constant 2010 US$ | +4.7% |
| 1987 | 7.49 billion constant 2010 US$ | +2.8% |
| 1988 | 7.71 billion constant 2010 US$ | +2.9% |
| 1989 | 7.60 billion constant 2010 US$ | -1.4% |
| 1990 | 7.37 billion constant 2010 US$ | -3.0% |
| 1991 | 8.08 billion constant 2010 US$ | +9.5% |
| 1992 | 9.20 billion constant 2010 US$ | +13.8% |
| 1993 | 10.87 billion constant 2010 US$ | +18.2% |
| 1994 | 11.52 billion constant 2010 US$ | +5.9% |
| 1995 | 11.13 billion constant 2010 US$ | -3.3% |
| 1996 | 12.00 billion constant 2010 US$ | +7.7% |
| 1997 | 11.53 billion constant 2010 US$ | -3.9% |
| 1998 | 11.09 billion constant 2010 US$ | -3.8% |
| 1999 | 11.30 billion constant 2010 US$ | +1.9% |
| 2000 | 11.02 billion constant 2010 US$ | -2.5% |
| 2001 | 11.00 billion constant 2010 US$ | -0.1% |
| 2002 | 10.99 billion constant 2010 US$ | -0.2% |
| 2003 | 11.22 billion constant 2010 US$ | +2.2% |
| 2004 | 11.53 billion constant 2010 US$ | +2.7% |
| 2005 | 12.26 billion constant 2010 US$ | +6.3% |
| 2006 | 12.92 billion constant 2010 US$ | +5.4% |
| 2007 | 13.93 billion constant 2010 US$ | +7.8% |
| 2008 | 13.89 billion constant 2010 US$ | -0.3% |
| 2009 | 14.84 billion constant 2010 US$ | +6.8% |
| 2010 | 16.34 billion constant 2010 US$ | +10.1% |
| 2011 | 16.52 billion constant 2010 US$ | +1.1% |
| 2012 | 17.29 billion constant 2010 US$ | +4.7% |
| 2013 | 17.95 billion constant 2010 US$ | +3.8% |
| 2014 | 20.38 billion constant 2010 US$ | +13.5% |
| 2015 | 21.72 billion constant 2010 US$ | +6.6% |
| 2016 | 22.92 billion constant 2010 US$ | +5.5% |
| 2017 | 23.73 billion constant 2010 US$ | +3.5% |
| 2018 | 23.66 billion constant 2010 US$ | -0.3% |
| 2019 | 24.72 billion constant 2010 US$ | +4.5% |
| 2020 | 23.94 billion constant 2010 US$ | -3.2% |
| 2021 | 23.81 billion constant 2010 US$ | -0.5% |
| 2022 | 25.17 billion constant 2010 US$ | +5.7% |
| 2023 | 26.13 billion constant 2010 US$ | +3.8% |
| 2024 | 27.20 billion constant 2010 US$ | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.99 billion constant 2010 US$ | 5.08 billion constant 2010 US$ | 6.66 billion constant 2010 US$ | 10 |
| 1980s | 7.00 billion constant 2010 US$ | 6.49 billion constant 2010 US$ | 7.71 billion constant 2010 US$ | 10 |
| 1990s | 10.41 billion constant 2010 US$ | 7.37 billion constant 2010 US$ | 12.00 billion constant 2010 US$ | 10 |
| 2000s | 12.36 billion constant 2010 US$ | 10.99 billion constant 2010 US$ | 14.84 billion constant 2010 US$ | 10 |
| 2010s | 20.52 billion constant 2010 US$ | 16.34 billion constant 2010 US$ | 24.72 billion constant 2010 US$ | 10 |
| 2020s | 25.25 billion constant 2010 US$ | 23.81 billion constant 2010 US$ | 27.20 billion constant 2010 US$ | 5 |
Countries ranked near Papua New Guinea
- 108 Honduras 27.86 billion constant 2010 US$ compare
- 109 Estonia 27.50 billion constant 2010 US$ compare
- 110 Guyana 27.37 billion constant 2010 US$ compare
- 112 Georgia 25.13 billion constant 2010 US$ compare
- 113 Zimbabwe 23.63 billion constant 2010 US$ compare
- 114 Iceland 23.45 billion constant 2010 US$ compare
More population data for Papua New Guinea
- Un population 2024 vs 2022, annual growth rate 0.0669 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 14,910 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.58 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5424 % change on previous year (2100)
- Population growth rate 0.048 (2100)
- Population density 41.16 (2100)
- Projected population under age 5 1.15 million (2100)
- Population growth rate by level of development 0.048 (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1.58 % change on previous year (2030)
- Fertility and wanted fertility, annual growth rate -0.8712 % change on previous year (2024)
Frequently asked questions
- What is gdp at market prices in Papua New Guinea?
- Gdp at market prices in Papua New Guinea was 27.20 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Papua New Guinea?
- The highest recorded value was 27.20 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Papua New Guinea?
- The lowest recorded value was 5.08 billion constant 2010 US$ in 1970.
- How does Papua New Guinea rank for gdp at market prices?
- Papua New Guinea ranks 111th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Papua New Guinea?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release