GDP (constant LCU) (UNESCO Institute) in Papua New Guinea

Papua New Guinea: GDP (constant LCU) (UNESCO Institute) was 72.32 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
72.32 billion constant LCU
Change on year
up 4.1%
World rank
139th
of 212 countries
All-time high
72.32 billion constant LCU
in 2024
All-time low
13.51 billion constant LCU
in 1970
Years of data
55
1970–2024

GDP in Papua New Guinea, 1970–2024

20.0B40.0B60.0B80.0B197019972024

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

The most recent figure for gdp in Papua New Guinea is 72.32 billion constant LCU, 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 in Papua New Guinea peaked at 72.32 billion constant LCU in 2024 and was at its lowest, 13.51 billion constant LCU, in 1970.

That places Papua New Guinea 139th out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU) (UNESCO Institute) in Papua New Guinea, year by year

Annual values for GDP (constant LCU) in Papua New Guinea, 1970 to 2024.
Year constant LCU Change
1970 13.51 billion constant LCU —
1971 14.36 billion constant LCU +6.3%
1972 15.17 billion constant LCU +5.6%
1973 16.16 billion constant LCU +6.5%
1974 16.59 billion constant LCU +2.6%
1975 16.44 billion constant LCU -0.9%
1976 15.88 billion constant LCU -3.4%
1977 16.02 billion constant LCU +0.8%
1978 17.38 billion constant LCU +8.5%
1979 17.70 billion constant LCU +1.8%
1980 17.30 billion constant LCU -2.3%
1981 17.25 billion constant LCU -0.3%
1982 17.31 billion constant LCU +0.4%
1983 17.87 billion constant LCU +3.2%
1984 17.80 billion constant LCU -0.4%
1985 18.52 billion constant LCU +4.0%
1986 19.38 billion constant LCU +4.7%
1987 19.92 billion constant LCU +2.8%
1988 20.50 billion constant LCU +2.9%
1989 20.21 billion constant LCU -1.4%
1990 19.60 billion constant LCU -3.0%
1991 21.47 billion constant LCU +9.5%
1992 24.45 billion constant LCU +13.8%
1993 28.90 billion constant LCU +18.2%
1994 30.61 billion constant LCU +5.9%
1995 29.60 billion constant LCU -3.3%
1996 31.89 billion constant LCU +7.7%
1997 30.64 billion constant LCU -3.9%
1998 29.49 billion constant LCU -3.8%
1999 30.04 billion constant LCU +1.9%
2000 29.29 billion constant LCU -2.5%
2001 29.25 billion constant LCU -0.1%
2002 29.20 billion constant LCU -0.2%
2003 29.84 billion constant LCU +2.2%
2004 30.65 billion constant LCU +2.7%
2005 32.59 billion constant LCU +6.3%
2006 34.36 billion constant LCU +5.4%
2007 37.04 billion constant LCU +7.8%
2008 36.93 billion constant LCU -0.3%
2009 39.44 billion constant LCU +6.8%
2010 43.44 billion constant LCU +10.1%
2011 43.92 billion constant LCU +1.1%
2012 45.96 billion constant LCU +4.7%
2013 47.72 billion constant LCU +3.8%
2014 54.18 billion constant LCU +13.5%
2015 57.75 billion constant LCU +6.6%
2016 60.92 billion constant LCU +5.5%
2017 63.07 billion constant LCU +3.5%
2018 62.90 billion constant LCU -0.3%
2019 65.71 billion constant LCU +4.5%
2020 63.63 billion constant LCU -3.2%
2021 63.31 billion constant LCU -0.5%
2022 66.92 billion constant LCU +5.7%
2023 69.47 billion constant LCU +3.8%
2024 72.32 billion constant LCU +4.1%

Papua New Guinea compared with similar countries

  • Papua New Guinea's 72.32 billion constant LCU is below the median for lower middle income countries, which is 660.05 billion constant LCU, 11% of the median. (47 countries reporting)
  • Papua New Guinea's 72.32 billion constant LCU is below the median for East Asia & Pacific, which is 380.88 billion constant LCU, 19% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.92 billion constant LCU 13.51 billion constant LCU 17.70 billion constant LCU 10
1980s 18.61 billion constant LCU 17.25 billion constant LCU 20.50 billion constant LCU 10
1990s 27.67 billion constant LCU 19.60 billion constant LCU 31.89 billion constant LCU 10
2000s 32.86 billion constant LCU 29.20 billion constant LCU 39.44 billion constant LCU 10
2010s 54.56 billion constant LCU 43.44 billion constant LCU 65.71 billion constant LCU 10
2020s 67.13 billion constant LCU 63.31 billion constant LCU 72.32 billion constant LCU 5

Countries ranked near Papua New Guinea

  1. 136 Panama 81.29 billion constant LCU compare
  2. 137 Turkmenistan 80.00 billion constant LCU compare
  3. 138 Gambia 76.46 billion constant LCU compare
  4. 140 Eswatini 71.98 billion constant LCU compare
  5. 141 Vanuatu 71.50 billion constant LCU compare
  6. 142 Luxembourg 68.44 billion constant LCU compare

See the full ranking of 212 places →

More population data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is gdp in Papua New Guinea?
Gdp in Papua New Guinea was 72.32 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Papua New Guinea?
The highest recorded value was 72.32 billion constant LCU in 2024.
What is the lowest gdp recorded in Papua New Guinea?
The lowest recorded value was 13.51 billion constant LCU in 1970.
How does Papua New Guinea rank for gdp?
Papua New Guinea ranks 139th out of 212 countries with data for 2024.
Is gdp 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 (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

GDP in Papua New Guinea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/papua-new-guinea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-constant-lcu-2/papua-new-guinea/">GDP in Papua New Guinea</a> — Statizoid

About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release