Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Papua New Guinea
Papua New Guinea: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 1.47 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Papua New Guinea, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 04 - annual real gdp in Papua New Guinea is 1.47 Percent per annum, measured in 2029.
The figure is up 2.7% on the previous year and down 31.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Papua New Guinea peaked at 10.61 Percent per annum in 2014 and was at its lowest, -9.64 Percent per annum, in 1997.
That places Papua New Guinea 116th out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Papua New Guinea, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -5.66 Percent per annum | — |
| 1991 | 6.11 Percent per annum | -207.9% |
| 1992 | 9.82 Percent per annum | +60.8% |
| 1993 | 9.24 Percent per annum | -5.9% |
| 1994 | 6.52 Percent per annum | -29.5% |
| 1995 | -6.89 Percent per annum | -205.7% |
| 1996 | 2.82 Percent per annum | -141.0% |
| 1997 | -9.64 Percent per annum | -441.3% |
| 1998 | 1.05 Percent per annum | -110.9% |
| 1999 | -1.64 Percent per annum | -256.4% |
| 2000 | -5.8 Percent per annum | +254.1% |
| 2001 | -3.46 Percent per annum | -40.4% |
| 2002 | -3.45 Percent per annum | -0.2% |
| 2003 | 5.49 Percent per annum | -259.4% |
| 2004 | -2.65 Percent per annum | -148.3% |
| 2005 | 0.9529 Percent per annum | -135.9% |
| 2006 | -0.6635 Percent per annum | -169.6% |
| 2007 | 4.5 Percent per annum | -778.1% |
| 2008 | -3.33 Percent per annum | -173.9% |
| 2009 | 3.59 Percent per annum | -208.1% |
| 2010 | 6.87 Percent per annum | +91.1% |
| 2011 | -1.79 Percent per annum | -126.0% |
| 2012 | 1.79 Percent per annum | -200.2% |
| 2013 | 1.07 Percent per annum | -40.4% |
| 2014 | 10.61 Percent per annum | +895.2% |
| 2015 | 3.9 Percent per annum | -63.3% |
| 2016 | 2.92 Percent per annum | -25.1% |
| 2017 | 1.09 Percent per annum | -62.8% |
| 2018 | -2.57 Percent per annum | -336.9% |
| 2019 | 2.15 Percent per annum | -183.4% |
| 2020 | -5.22 Percent per annum | -343.5% |
| 2021 | -2.77 Percent per annum | -46.9% |
| 2022 | 3.16 Percent per annum | -214.0% |
| 2023 | 0.8191 Percent per annum | -74.1% |
| 2024 | 2.67 Percent per annum | +226.3% |
| 2025 | 1.9 Percent per annum | -28.8% |
| 2026 | 1.69 Percent per annum | -11.0% |
| 2027 | 1.35 Percent per annum | -20.0% |
| 2028 | 1.43 Percent per annum | +5.9% |
| 2029 | 1.47 Percent per annum | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.17 Percent per annum | -9.64 Percent per annum | 9.82 Percent per annum | 10 |
| 2000s | -0.4808 Percent per annum | -5.8 Percent per annum | 5.49 Percent per annum | 10 |
| 2010s | 2.6 Percent per annum | -2.57 Percent per annum | 10.61 Percent per annum | 10 |
| 2020s | 0.6512 Percent per annum | -5.22 Percent per annum | 3.16 Percent per annum | 10 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 4.77 % change on previous year (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1.66 current LCU per US$ of GDP (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1,029 current LCU per person (2004)
- Final consumption expenditure (current US$), annual growth rate 14.59 % change on previous year (2004)
- Final consumption expenditure (current US$), per unit of GDP 0.6675 current US$ per US$ of GDP (2004)
- Final consumption expenditure (current US$), per capita 414.27 current US$ per person (2004)
- Final consumption expenditure (current LCU), annual growth rate 3.88 % change on previous year (2004)
- Final consumption expenditure (current LCU), per unit of GDP 2.15 current LCU per US$ of GDP (2004)
- Final consumption expenditure (current LCU), per capita 1,335 current LCU per person (2004)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Papua New Guinea?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Papua New Guinea was 1.47 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Papua New Guinea?
- The highest recorded value was 10.61 Percent per annum in 2014.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Papua New Guinea?
- The lowest recorded value was -9.64 Percent per annum in 1997.
- How does Papua New Guinea rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Papua New Guinea ranks 116th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 31.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.