GDP Deflator — Value US$, 2015 prices, annual growth rate in Papua New Guinea
Papua New Guinea: GDP Deflator — Value US$, 2015 prices, annual growth rate was 0.792 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Papua New Guinea stood at 0.792 % change on previous year.
Compared with earlier readings it is up 117.9% on the previous year and up 120.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Papua New Guinea peaked at 48.03 % change on previous year in 1973 and was at its lowest, -26.98 % change on previous year, in 1998.
That places Papua New Guinea 155th out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.4 % change on previous year | — |
| 1972 | 13.29 % change on previous year | +79.5% |
| 1973 | 48.03 % change on previous year | +261.4% |
| 1974 | 10.84 % change on previous year | -77.4% |
| 1975 | -7.21 % change on previous year | -166.5% |
| 1976 | 10.86 % change on previous year | -250.7% |
| 1977 | 15.41 % change on previous year | +41.8% |
| 1978 | 11.92 % change on previous year | -22.6% |
| 1979 | 13.01 % change on previous year | +9.1% |
| 1980 | 13.6 % change on previous year | +4.6% |
| 1981 | -1.59 % change on previous year | -111.7% |
| 1982 | -5.97 % change on previous year | +275.6% |
| 1983 | -3.66 % change on previous year | -38.8% |
| 1984 | -0.0284 % change on previous year | -99.2% |
| 1985 | -8.72 % change on previous year | +30582.8% |
| 1986 | 4.38 % change on previous year | -150.3% |
| 1987 | 15.52 % change on previous year | +254.4% |
| 1988 | 12.99 % change on previous year | -16.3% |
| 1989 | -1.59 % change on previous year | -112.2% |
| 1990 | -6.37 % change on previous year | +300.8% |
| 1991 | 7.38 % change on previous year | -215.9% |
| 1992 | -0.4976 % change on previous year | -106.7% |
| 1993 | -3.84 % change on previous year | +672.3% |
| 1994 | 0.943 % change on previous year | -124.5% |
| 1995 | -5.92 % change on previous year | -727.3% |
| 1996 | -0.1664 % change on previous year | -97.2% |
| 1997 | 2.05 % change on previous year | -1333.5% |
| 1998 | -26.98 % change on previous year | -1414.6% |
| 1999 | -10.41 % change on previous year | -61.4% |
| 2000 | 4.47 % change on previous year | -142.9% |
| 2001 | -12.29 % change on previous year | -375.3% |
| 2002 | -2.61 % change on previous year | -78.8% |
| 2003 | 16.79 % change on previous year | -744.3% |
| 2004 | 11.76 % change on previous year | -29.9% |
| 2005 | 12.1 % change on previous year | +2.9% |
| 2006 | 11.05 % change on previous year | -8.7% |
| 2007 | 5.96 % change on previous year | -46.0% |
| 2008 | 22.64 % change on previous year | +279.6% |
| 2009 | -6.78 % change on previous year | -130.0% |
| 2010 | 11.37 % change on previous year | -267.6% |
| 2011 | 24.82 % change on previous year | +118.4% |
| 2012 | 13.14 % change on previous year | -47.1% |
| 2013 | -3.84 % change on previous year | -129.2% |
| 2014 | -3.85 % change on previous year | +0.4% |
| 2015 | -12.19 % change on previous year | +216.3% |
| 2016 | -9.41 % change on previous year | -22.8% |
| 2017 | 5.82 % change on previous year | -161.8% |
| 2018 | 6.31 % change on previous year | +8.4% |
| 2019 | -1.74 % change on previous year | -127.6% |
| 2020 | -0.4933 % change on previous year | -71.7% |
| 2021 | 10.36 % change on previous year | -2199.8% |
| 2022 | 15.1 % change on previous year | +45.8% |
| 2023 | -4.43 % change on previous year | -129.3% |
| 2024 | 0.792 % change on previous year | -117.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.792 % change on previous year is below the median for lower middle income countries, which is 3.31 % change on previous year, 24% of the median. (41 countries reporting)
- Papua New Guinea's 0.792 % change on previous year is below the median for East Asia & Pacific, which is 1.85 % change on previous year, 43% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate 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 |
|---|---|---|---|
| 1985 | -30582.8% | -0.0284 % change on previous year | -8.72 % change on previous year |
| 2021 | +2199.8% | -0.4933 % change on previous year | 10.36 % change on previous year |
| 1998 | -1414.6% | 2.05 % change on previous year | -26.98 % change on previous year |
| 1997 | +1333.5% | -0.1664 % change on previous year | 2.05 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.73 % change on previous year | -7.21 % change on previous year | 48.03 % change on previous year | 9 |
| 1980s | 2.49 % change on previous year | -8.72 % change on previous year | 15.52 % change on previous year | 10 |
| 1990s | -4.38 % change on previous year | -26.98 % change on previous year | 7.38 % change on previous year | 10 |
| 2000s | 6.31 % change on previous year | -12.29 % change on previous year | 22.64 % change on previous year | 10 |
| 2010s | 3.04 % change on previous year | -12.19 % change on previous year | 24.82 % change on previous year | 10 |
| 2020s | 4.27 % change on previous year | -4.43 % change on previous year | 15.1 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 152 Ethiopia PDR 1.04 % change on previous year compare
- 153 Saint Lucia 0.963 % change on previous year compare
- 154 Turks and Caicos Islands 0.8295 % change on previous year compare
- 156 Belarus 0.7653 % change on previous year compare
- 157 Yemen Dem 0.7159 % change on previous year compare
- 157 Yemen Ar Rp 0.7159 % change on previous year 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Papua New Guinea?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Papua New Guinea was 0.792 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 48.03 % change on previous year in 1973.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -26.98 % change on previous year in 1998.
- How does Papua New Guinea rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Papua New Guinea ranks 155th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 120.6%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.