GDP in Papua New Guinea

Papua New Guinea: GDP was 124.30 billion current LCU in 2024. β—† Volatile

Latest (2024)
124.30 billion current LCU
Change on year
up 12.4%
World rank
145th
of 208 countries
All-time high
124.30 billion current LCU
in 2024
All-time low
576.40 million current LCU
in 1970
Years of data
55
1970–2024

GDP in Papua New Guinea, 1970–2024

025.0B50.0B75.0B100.0B125.0B197019972024

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

Analysis

In 2024, gdp in Papua New Guinea stood at 124.30 billion current LCU. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 12.4% on the previous year and up 117.6% over ten years.

Over the whole period, gdp in Papua New Guinea peaked at 124.30 billion current LCU in 2024 and was at its lowest, 576.40 million current LCU, in 1970.

That places Papua New Guinea 145th out of 208 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.04 billion current LCU 576.40 million current LCU 1.63 billion current LCU 10
1980s 2.36 billion current LCU 1.68 billion current LCU 3.17 billion current LCU 10
1990s 5.80 billion current LCU 3.08 billion current LCU 8.83 billion current LCU 10
2000s 18.95 billion current LCU 9.74 billion current LCU 32.01 billion current LCU 10
2010s 59.16 billion current LCU 38.75 billion current LCU 83.84 billion current LCU 10
2020s 104.09 billion current LCU 82.52 billion current LCU 124.30 billion current LCU 5

Countries ranked near Papua New Guinea

  1. 142 Azerbaijan 126.34 billion current LCU compare
  2. 143 Puerto Rico 125.84 billion current LCU compare
  3. 144 Ecuador 124.68 billion current LCU compare
  4. 146 Maldives 107.34 billion current LCU compare
  5. 147 Georgia 91.89 billion current LCU compare
  6. 148 Eswatini 89.61 billion current LCU compare

See the full ranking of 211 places β†’

More population data for Papua New Guinea

All data for Papua New Guinea β†’

Frequently asked questions

What is gdp in Papua New Guinea?
Gdp in Papua New Guinea was 124.30 billion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Papua New Guinea?
The highest recorded value was 124.30 billion current LCU in 2024.
What is the lowest gdp recorded in Papua New Guinea?
The lowest recorded value was 576.40 million current LCU in 1970.
How does Papua New Guinea rank for gdp?
Papua New Guinea ranks 145th out of 208 countries with data for 2024.
Is gdp rising or falling in Papua New Guinea?
Over the last ten years it is up 117.6%. 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 (current LCU). Statizoid updates them automatically from the source API.

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

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GDP in Papua New Guinea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/papua-new-guinea/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release