GDP (current US$) (UNESCO Institute) in Papua New Guinea
Papua New Guinea: GDP (current US$) (UNESCO Institute) was 32.54 billion current US$ in 2024. ◆ Volatile
Latest (2024)
32.54 billion current US$
Change on year
up 5.6%
World rank
110th
of 211 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
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$, in 1970.
Papua New Guinea ranks 110th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 645.57 million current US$ | — |
| 1971 | 717.75 million current US$ | +11.2% |
| 1972 | 858.76 million current US$ | +19.6% |
| 1973 | 1.30 billion current US$ | +51.3% |
| 1974 | 1.47 billion current US$ | +13.0% |
| 1975 | 1.36 billion current US$ | -7.6% |
| 1976 | 1.51 billion current US$ | +11.4% |
| 1977 | 1.64 billion current US$ | +8.5% |
| 1978 | 1.95 billion current US$ | +18.7% |
| 1979 | 2.29 billion current US$ | +17.8% |
| 1980 | 2.55 billion current US$ | +11.0% |
| 1981 | 2.50 billion current US$ | -1.9% |
| 1982 | 2.37 billion current US$ | -5.2% |
| 1983 | 2.56 billion current US$ | +8.2% |
| 1984 | 2.55 billion current US$ | -0.4% |
| 1985 | 2.42 billion current US$ | -5.1% |
| 1986 | 2.65 billion current US$ | +9.3% |
| 1987 | 3.14 billion current US$ | +18.7% |
| 1988 | 3.66 billion current US$ | +16.3% |
| 1989 | 3.55 billion current US$ | -3.0% |
| 1990 | 3.22 billion current US$ | -9.2% |
| 1991 | 3.79 billion current US$ | +17.6% |
| 1992 | 4.38 billion current US$ | +15.6% |
| 1993 | 4.97 billion current US$ | +13.6% |
| 1994 | 5.50 billion current US$ | +10.6% |
| 1995 | 4.64 billion current US$ | -15.8% |
| 1996 | 5.16 billion current US$ | +11.2% |
| 1997 | 4.94 billion current US$ | -4.2% |
| 1998 | 3.79 billion current US$ | -23.2% |
| 1999 | 3.48 billion current US$ | -8.2% |
| 2000 | 3.52 billion current US$ | +1.3% |
| 2001 | 3.08 billion current US$ | -12.5% |
| 2002 | 3.00 billion current US$ | -2.6% |
| 2003 | 3.54 billion current US$ | +17.9% |
| 2004 | 3.93 billion current US$ | +11.0% |
| 2005 | 4.87 billion current US$ | +23.9% |
| 2006 | 8.35 billion current US$ | +71.7% |
| 2007 | 9.55 billion current US$ | +14.2% |
| 2008 | 11.67 billion current US$ | +22.3% |
| 2009 | 11.62 billion current US$ | -0.4% |
| 2010 | 14.25 billion current US$ | +22.6% |
| 2011 | 17.99 billion current US$ | +26.2% |
| 2012 | 21.30 billion current US$ | +18.4% |
| 2013 | 21.26 billion current US$ | -0.2% |
| 2014 | 23.21 billion current US$ | +9.2% |
| 2015 | 21.72 billion current US$ | -6.4% |
| 2016 | 20.76 billion current US$ | -4.4% |
| 2017 | 22.74 billion current US$ | +9.6% |
| 2018 | 24.11 billion current US$ | +6.0% |
| 2019 | 24.75 billion current US$ | +2.7% |
| 2020 | 23.85 billion current US$ | -3.6% |
| 2021 | 26.11 billion current US$ | +9.5% |
| 2022 | 31.65 billion current US$ | +21.2% |
| 2023 | 30.82 billion current US$ | -2.6% |
| 2024 | 32.54 billion current US$ | +5.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 32.54 billion current US$ is above the median for lower middle income countries, which is 26.33 billion current US$, 1.2× the median. (47 countries reporting)
- Papua New Guinea's 32.54 billion current US$ is above the median for East Asia & Pacific, which is 15.98 billion current US$, 2.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.37 billion current US$ | 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
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 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 110th 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 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.
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