Annual growth rate of real GDP per capita in Papua New Guinea
Papua New Guinea: Annual growth rate of real GDP per capita was 2.3% in 2024. ◆ Volatile
Latest (2024)
2.3%
Change on year
up 21.1%
World rank
102nd
of 226 countries
All-time high
10.6%
in 2014
All-time low
-5.8%
in 2000
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Papua New Guinea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Papua New Guinea stood at 2.3%.
Compared with earlier readings it is up 21.1% on the previous year and down 78.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Papua New Guinea peaked at 10.6% in 2014 and was at its lowest, -5.8%, in 2000.
Papua New Guinea ranks 102nd of 226 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.
Annual growth rate of real GDP per capita in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.8% | — |
| 2001 | -3.4% | -41.4% |
| 2002 | -1.4% | -58.8% |
| 2003 | 1.0% | -171.4% |
| 2004 | -2.7% | -370.0% |
| 2005 | 0.6% | -122.2% |
| 2006 | -0.9% | -250.0% |
| 2007 | 4.5% | -600.0% |
| 2008 | -3.3% | -173.3% |
| 2009 | 3.6% | -209.1% |
| 2010 | 6.9% | +91.7% |
| 2011 | -1.8% | -126.1% |
| 2012 | 1.8% | -200.0% |
| 2013 | 1.1% | -38.9% |
| 2014 | 10.6% | +863.6% |
| 2015 | 3.9% | -63.2% |
| 2016 | 2.9% | -25.6% |
| 2017 | 1.1% | -62.1% |
| 2018 | -2.6% | -336.4% |
| 2019 | 2.1% | -180.8% |
| 2020 | -5.2% | -347.6% |
| 2021 | -2.5% | -51.9% |
| 2022 | 3.7% | -248.0% |
| 2023 | 1.9% | -48.6% |
| 2024 | 2.3% | +21.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.3% is below the median for lower middle income countries, which is 2.7%, 85% of the median. (43 countries reporting)
- Papua New Guinea's 2.3% is below the median for East Asia & Pacific, which is 2.8%, 84% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.8% | -5.8% | 4.5% | 10 |
| 2010s | 2.6% | -2.6% | 10.6% | 10 |
| 2020s | 0.0% | -5.2% | 3.7% | 5 |
Countries ranked near Papua New Guinea
- 101 Montenegro 2.4% compare
- 102 Slovakia 2.3% compare
- 104 Algeria 2.2% compare
- 104 Nicaragua 2.2% compare
- 104 Peru 2.2% compare
- 104 Portugal 2.2% compare
- 104 Samoa 2.2% compare
- 104 Sierra Leone 2.2% compare
- 104 Trinidad and Tobago 2.2% compare
- 104 United States of America 2.2% compare
More economy & growth data for Papua New Guinea
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Papua New Guinea?
- Annual growth rate of real gdp per capita in Papua New Guinea was 2.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Papua New Guinea?
- The highest recorded value was 10.6% in 2014.
- What is the lowest annual growth rate of real gdp per capita recorded in Papua New Guinea?
- The lowest recorded value was -5.8% in 2000.
- How does Papua New Guinea rank for annual growth rate of real gdp per capita?
- Papua New Guinea ranks 102nd out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Papua New Guinea?
- Over the last ten years it is down 78.3%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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