GDP Deflator — Value US$, 2015 prices in Papua New Guinea
Papua New Guinea: GDP Deflator — Value US$, 2015 prices was 121.91 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Papua New Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Papua New Guinea stood at 121.91 USD.
The figure is up 0.8% on the previous year and up 7.1% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Papua New Guinea peaked at 126.56 USD in 2022 and was at its lowest, 19.71 USD, in 1970.
Papua New Guinea ranks 85th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Papua New Guinea, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 19.71 USD | — |
| 1971 | 21.17 USD | +7.4% |
| 1972 | 23.98 USD | +13.3% |
| 1973 | 35.5 USD | +48.0% |
| 1974 | 39.35 USD | +10.8% |
| 1975 | 36.51 USD | -7.2% |
| 1976 | 40.48 USD | +10.9% |
| 1977 | 46.71 USD | +15.4% |
| 1978 | 52.28 USD | +11.9% |
| 1979 | 59.08 USD | +13.0% |
| 1980 | 67.12 USD | +13.6% |
| 1981 | 66.05 USD | -1.6% |
| 1982 | 62.11 USD | -6.0% |
| 1983 | 59.84 USD | -3.7% |
| 1984 | 59.82 USD | -0.0% |
| 1985 | 54.61 USD | -8.7% |
| 1986 | 57 USD | +4.4% |
| 1987 | 65.85 USD | +15.5% |
| 1988 | 74.4 USD | +13.0% |
| 1989 | 73.22 USD | -1.6% |
| 1990 | 68.55 USD | -6.4% |
| 1991 | 73.62 USD | +7.4% |
| 1992 | 73.25 USD | -0.5% |
| 1993 | 70.43 USD | -3.8% |
| 1994 | 71.1 USD | +0.9% |
| 1995 | 66.89 USD | -5.9% |
| 1996 | 66.78 USD | -0.2% |
| 1997 | 68.15 USD | +2.1% |
| 1998 | 49.76 USD | -27.0% |
| 1999 | 44.58 USD | -10.4% |
| 2000 | 46.57 USD | +4.5% |
| 2001 | 40.85 USD | -12.3% |
| 2002 | 39.78 USD | -2.6% |
| 2003 | 46.47 USD | +16.8% |
| 2004 | 51.93 USD | +11.8% |
| 2005 | 58.22 USD | +12.1% |
| 2006 | 64.65 USD | +11.0% |
| 2007 | 68.5 USD | +6.0% |
| 2008 | 84.01 USD | +22.6% |
| 2009 | 78.31 USD | -6.8% |
| 2010 | 87.22 USD | +11.4% |
| 2011 | 108.86 USD | +24.8% |
| 2012 | 123.17 USD | +13.1% |
| 2013 | 118.44 USD | -3.8% |
| 2014 | 113.88 USD | -3.9% |
| 2015 | 100 USD | -12.2% |
| 2016 | 90.59 USD | -9.4% |
| 2017 | 95.86 USD | +5.8% |
| 2018 | 101.9 USD | +6.3% |
| 2019 | 100.12 USD | -1.7% |
| 2020 | 99.63 USD | -0.5% |
| 2021 | 109.95 USD | +10.4% |
| 2022 | 126.56 USD | +15.1% |
| 2023 | 120.95 USD | -4.4% |
| 2024 | 121.91 USD | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.48 USD | 19.71 USD | 59.08 USD | 10 |
| 1980s | 64 USD | 54.61 USD | 74.4 USD | 10 |
| 1990s | 65.31 USD | 44.58 USD | 73.62 USD | 10 |
| 2000s | 57.93 USD | 39.78 USD | 84.01 USD | 10 |
| 2010s | 104 USD | 87.22 USD | 123.17 USD | 10 |
| 2020s | 115.8 USD | 99.63 USD | 126.56 USD | 5 |
Countries ranked near Papua New Guinea
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)
- Net primary income (Net income from abroad) (current LCU), annual -31.47 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -5.17 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0448 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 130.56 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.78 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1727 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 503.02 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1716 (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Papua New Guinea?
- Gdp deflator — value us$, 2015 prices in Papua New Guinea was 121.91 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Papua New Guinea?
- The highest recorded value was 126.56 USD in 2022.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Papua New Guinea?
- The lowest recorded value was 19.71 USD in 1970.
- How does Papua New Guinea rank for gdp deflator — value us$, 2015 prices?
- Papua New Guinea ranks 85th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Papua New Guinea?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).