Annual GDP growth (%) in Papua New Guinea
Papua New Guinea: Annual GDP growth (%) was 3.8% in 2024. ◆ Volatile
Annual GDP growth in Papua New Guinea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Papua New Guinea is 3.8%, measured in 2024.
That represents a change of down 0.3% on the previous year and down 71.9% over ten years.
Over the whole period, annual gdp growth in Papua New Guinea peaked at 13.5% in 2014 and was at its lowest, -3.2%, in 2020.
That places Papua New Guinea 90th out of 230 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.
Annual GDP growth (%) in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.5% | — |
| 2001 | -0.1% | -95.1% |
| 2002 | -0.2% | +31.0% |
| 2003 | 2.2% | -1461.9% |
| 2004 | 2.7% | +25.7% |
| 2005 | 6.3% | +133.2% |
| 2006 | 5.4% | -14.7% |
| 2007 | 7.8% | +44.5% |
| 2008 | -0.3% | -103.8% |
| 2009 | 6.8% | -2393.9% |
| 2010 | 10.1% | +48.9% |
| 2011 | 1.1% | -89.1% |
| 2012 | 4.7% | +320.5% |
| 2013 | 3.8% | -17.9% |
| 2014 | 13.5% | +254.1% |
| 2015 | 6.6% | -51.4% |
| 2016 | 5.5% | -16.6% |
| 2017 | 3.5% | -35.6% |
| 2018 | -0.3% | -107.9% |
| 2019 | 4.5% | -1704.5% |
| 2020 | -3.2% | -170.7% |
| 2021 | -0.5% | -83.9% |
| 2022 | 5.7% | -1216.2% |
| 2023 | 3.8% | -33.2% |
| 2024 | 3.8% | -0.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 3.8% is above the median for lower middle income countries, which is 3.8%, 1.0× the median. (43 countries reporting)
- Papua New Guinea's 3.8% is above the median for East Asia & Pacific, which is 3.5%, 1.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) 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 |
|---|---|---|---|
| 2009 | +2393.9% | -0.3% | 6.8% |
| 2019 | +1704.5% | -0.3% | 4.5% |
| 2003 | +1461.9% | -0.2% | 2.2% |
| 2022 | +1216.2% | -0.5% | 5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -2.5% | 7.8% | 10 |
| 2010s | 5.3% | -0.3% | 13.5% | 10 |
| 2020s | 1.9% | -3.2% | 5.7% | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Real gdp growth, annual growth rate 2.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Papua New Guinea?
- Annual gdp growth in Papua New Guinea was 3.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Papua New Guinea?
- The highest recorded value was 13.5% in 2014.
- What is the lowest annual gdp growth recorded in Papua New Guinea?
- The lowest recorded value was -3.2% in 2020.
- How does Papua New Guinea rank for annual gdp growth?
- Papua New Guinea ranks 90th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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