GDP (current LCU) (UNESCO Institute) in Papua New Guinea
Papua New Guinea: GDP (current LCU) (UNESCO Institute) was 124.30 billion current LCU in 2024. ◆ Volatile
Latest (2024)
124.30 billion current LCU
Change on year
up 12.4%
World rank
147th
of 211 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
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 147th out of 211 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 (current LCU) (UNESCO Institute) in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 576.40 million current LCU | — |
| 1971 | 633.60 million current LCU | +9.9% |
| 1972 | 717.10 million current LCU | +13.2% |
| 1973 | 914.70 million current LCU | +27.6% |
| 1974 | 1.02 billion current LCU | +11.8% |
| 1975 | 1.04 billion current LCU | +1.4% |
| 1976 | 1.20 billion current LCU | +15.7% |
| 1977 | 1.30 billion current LCU | +8.3% |
| 1978 | 1.38 billion current LCU | +6.3% |
| 1979 | 1.63 billion current LCU | +18.2% |
| 1980 | 1.71 billion current LCU | +4.6% |
| 1981 | 1.68 billion current LCU | -1.6% |
| 1982 | 1.75 billion current LCU | +4.0% |
| 1983 | 2.14 billion current LCU | +22.5% |
| 1984 | 2.29 billion current LCU | +7.1% |
| 1985 | 2.42 billion current LCU | +5.7% |
| 1986 | 2.57 billion current LCU | +6.1% |
| 1987 | 2.85 billion current LCU | +11.0% |
| 1988 | 3.17 billion current LCU | +11.1% |
| 1989 | 3.05 billion current LCU | -3.9% |
| 1990 | 3.08 billion current LCU | +1.0% |
| 1991 | 3.61 billion current LCU | +17.2% |
| 1992 | 4.22 billion current LCU | +17.1% |
| 1993 | 4.87 billion current LCU | +15.3% |
| 1994 | 5.53 billion current LCU | +13.6% |
| 1995 | 6.19 billion current LCU | +12.0% |
| 1996 | 6.79 billion current LCU | +9.7% |
| 1997 | 7.08 billion current LCU | +4.2% |
| 1998 | 7.80 billion current LCU | +10.2% |
| 1999 | 8.83 billion current LCU | +13.1% |
| 2000 | 9.74 billion current LCU | +10.3% |
| 2001 | 10.40 billion current LCU | +6.8% |
| 2002 | 11.66 billion current LCU | +12.1% |
| 2003 | 12.57 billion current LCU | +7.8% |
| 2004 | 12.65 billion current LCU | +0.7% |
| 2005 | 15.09 billion current LCU | +19.3% |
| 2006 | 25.54 billion current LCU | +69.2% |
| 2007 | 28.30 billion current LCU | +10.8% |
| 2008 | 31.51 billion current LCU | +11.3% |
| 2009 | 32.01 billion current LCU | +1.6% |
| 2010 | 38.75 billion current LCU | +21.1% |
| 2011 | 42.64 billion current LCU | +10.0% |
| 2012 | 44.37 billion current LCU | +4.1% |
| 2013 | 47.72 billion current LCU | +7.5% |
| 2014 | 57.13 billion current LCU | +19.7% |
| 2015 | 60.14 billion current LCU | +5.3% |
| 2016 | 65.04 billion current LCU | +8.1% |
| 2017 | 72.52 billion current LCU | +11.5% |
| 2018 | 79.40 billion current LCU | +9.5% |
| 2019 | 83.84 billion current LCU | +5.6% |
| 2020 | 82.52 billion current LCU | -1.6% |
| 2021 | 91.61 billion current LCU | +11.0% |
| 2022 | 111.39 billion current LCU | +21.6% |
| 2023 | 110.62 billion current LCU | -0.7% |
| 2024 | 124.30 billion current LCU | +12.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 124.30 billion current LCU is below the median for lower middle income countries, which is 1.54 trillion current LCU, 8% of the median. (47 countries reporting)
- Papua New Guinea's 124.30 billion current LCU is below the median for East Asia & Pacific, which is 416.65 billion current LCU, 30% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNESCO Institute) in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +69.2% | 15.09 billion current LCU | 25.54 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More population data for Papua New Guinea
- Population regions with projections, annual growth rate 0.0564 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.3478 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0564 % change on previous year (2100)
- 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)
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 147th out of 211 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release