GDP in Papua New Guinea

Papua New Guinea: GDP was 32.54 billion current US$ in 2024. β—† Volatile

Latest (2024)
32.54 billion current US$
Change on year
up 5.6%
World rank
109th
of 208 countries
All-time high
32.54 billion current US$
in 2024
All-time low
645.57 million current US$
in 1970
Years of data
55
1970–2024

GDP in Papua New Guinea, 1970–2024

010.0B20.0B30.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

The most recent figure for gdp in Papua New Guinea is 32.54 billion current US$, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 5.6% on the previous year and up 40.2% over ten years.

Over the whole period, gdp in Papua New Guinea peaked at 32.54 billion current US$ in 2024 and was at its lowest, 645.57 million current US$, in 1970.

Papua New Guinea ranks 109th 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.37 billion current US$ 645.57 million current US$ 2.29 billion current US$ 10
1980s 2.79 billion current US$ 2.37 billion current US$ 3.66 billion current US$ 10
1990s 4.39 billion current US$ 3.22 billion current US$ 5.50 billion current US$ 10
2000s 6.31 billion current US$ 3.00 billion current US$ 11.67 billion current US$ 10
2010s 21.21 billion current US$ 14.25 billion current US$ 24.75 billion current US$ 10
2020s 28.99 billion current US$ 23.85 billion current US$ 32.54 billion current US$ 5

Countries ranked near Papua New Guinea

  1. 106 El Salvador 35.37 billion current US$ compare
  2. 107 Georgia 33.78 billion current US$ compare
  3. 108 Iceland 33.46 billion current US$ compare
  4. 110 Senegal 32.27 billion current US$ compare
  5. 111 Bosnia and Herzegovina 28.34 billion current US$ compare
  6. 112 Albania 27.18 billion current US$ 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 32.54 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Papua New Guinea?
The highest recorded value was 32.54 billion current US$ in 2024.
What is the lowest gdp recorded in Papua New Guinea?
The lowest recorded value was 645.57 million current US$ in 1970.
How does Papua New Guinea rank for gdp?
Papua New Guinea ranks 109th 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 40.2%. 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 US$). Statizoid updates them automatically from the source API.

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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-us-2/papua-new-guinea/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release