GDP deflator (base year varies by country), annual growth rate in Papua New Guinea

Papua New Guinea: GDP deflator (base year varies by country), annual growth rate was 7.95 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.95 % change on previous year
Change on year
up 283.0%
World rank
44th
of 211 countries
All-time high
60.51 % change on previous year
in 2006
All-time low
-4.88 % change on previous year
in 2009
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Papua New Guinea, 1971–2024

0204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Papua New Guinea recorded 7.95 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

The figure is up 283.0% on the previous year and up 46.1% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Papua New Guinea peaked at 60.51 % change on previous year in 2006 and was at its lowest, -4.88 % change on previous year, in 2009.

That places Papua New Guinea 44th out of 211 countries with data for 2024, putting it in the top quarter.

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

GDP deflator (base year varies by country), annual growth rate in Papua New Guinea, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Papua New Guinea, 1971 to 2024.
Year % change on previous year Change
1971 3.41 % change on previous year
1972 7.13 % change on previous year +108.9%
1973 19.74 % change on previous year +176.7%
1974 8.92 % change on previous year -54.8%
1975 2.27 % change on previous year -74.6%
1976 19.72 % change on previous year +768.9%
1977 7.44 % change on previous year -62.3%
1978 -2.03 % change on previous year -127.3%
1979 16.1 % change on previous year -892.9%
1980 7.09 % change on previous year -56.0%
1981 -1.3 % change on previous year -118.4%
1982 3.68 % change on previous year -382.2%
1983 18.66 % change on previous year +407.3%
1984 7.44 % change on previous year -60.1%
1985 1.62 % change on previous year -78.2%
1986 1.36 % change on previous year -16.3%
1987 7.97 % change on previous year +487.7%
1988 7.92 % change on previous year -0.6%
1989 -2.54 % change on previous year -132.1%
1990 4.14 % change on previous year -262.9%
1991 7 % change on previous year +69.0%
1992 2.88 % change on previous year -58.9%
1993 -2.5 % change on previous year -186.8%
1994 7.25 % change on previous year -390.6%
1995 15.85 % change on previous year +118.5%
1996 1.81 % change on previous year -88.6%
1997 8.43 % change on previous year +365.1%
1998 14.54 % change on previous year +72.6%
1999 11.07 % change on previous year -23.9%
2000 13.1 % change on previous year +18.4%
2001 6.91 % change on previous year -47.2%
2002 12.29 % change on previous year +77.8%
2003 5.54 % change on previous year -54.9%
2004 -1.99 % change on previous year -136.0%
2005 12.18 % change on previous year -711.5%
2006 60.51 % change on previous year +396.7%
2007 2.8 % change on previous year -95.4%
2008 11.67 % change on previous year +317.3%
2009 -4.88 % change on previous year -141.8%
2010 9.92 % change on previous year -303.3%
2011 8.83 % change on previous year -10.9%
2012 -0.5747 % change on previous year -106.5%
2013 3.59 % change on previous year -724.1%
2014 5.44 % change on previous year +51.6%
2015 -1.23 % change on previous year -122.6%
2016 2.52 % change on previous year -304.5%
2017 7.7 % change on previous year +205.8%
2018 9.8 % change on previous year +27.2%
2019 1.06 % change on previous year -89.2%
2020 1.63 % change on previous year +53.8%
2021 11.6 % change on previous year +609.6%
2022 15.03 % change on previous year +29.6%
2023 -4.34 % change on previous year -128.9%
2024 7.95 % change on previous year -283.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.19 % change on previous year -2.03 % change on previous year 19.74 % change on previous year 9
1980s 5.19 % change on previous year -2.54 % change on previous year 18.66 % change on previous year 10
1990s 7.05 % change on previous year -2.5 % change on previous year 15.85 % change on previous year 10
2000s 11.81 % change on previous year -4.88 % change on previous year 60.51 % change on previous year 10
2010s 4.7 % change on previous year -1.23 % change on previous year 9.92 % change on previous year 10
2020s 6.37 % change on previous year -4.34 % change on previous year 15.03 % change on previous year 5

Countries ranked near Papua New Guinea

  1. 41 Mongolia 8.24 % change on previous year compare
  2. 42 Palau 8.24 % change on previous year compare
  3. 43 Kazakhstan 8.05 % change on previous year compare
  4. 45 Niger 7.87 % change on previous year compare
  5. 46 Chile 7.72 % change on previous year compare
  6. 47 Madagascar 7.63 % change on previous year compare

See the full ranking of 211 places →

More population data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Papua New Guinea?
Gdp deflator (base year varies by country), annual growth rate in Papua New Guinea was 7.95 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Papua New Guinea?
The highest recorded value was 60.51 % change on previous year in 2006.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Papua New Guinea?
The lowest recorded value was -4.88 % change on previous year in 2009.
How does Papua New Guinea rank for gdp deflator (base year varies by country), annual growth rate?
Papua New Guinea ranks 44th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Papua New Guinea?
Over the last ten years it is up 46.1%. The long-run trend across the full record is volatile.
Where does this Papua New Guinea data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/papua-new-guinea/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/papua-new-guinea/">GDP deflator (base year varies by country), annual growth rate in Papua New Guinea</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.