Gross domestic income in Papua New Guinea
Papua New Guinea: Gross domestic income was 30.51 billion constant LCU in 2004. ▲ Rising
Gross domestic income in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in Papua New Guinea is 30.51 billion constant LCU, measured in 2004.
Compared with earlier readings it is up 2.9% on the previous year and up 3.0% over ten years.
Over the whole period, gross domestic income in Papua New Guinea peaked at 31.63 billion constant LCU in 1996 and was at its lowest, 7.53 billion constant LCU, in 1961.
That places Papua New Guinea 147th out of 179 countries with data for 2004, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Gross domestic income in Papua New Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1961 | 7.53 billion constant LCU | — |
| 1962 | 8.02 billion constant LCU | +6.5% |
| 1963 | 8.37 billion constant LCU | +4.4% |
| 1964 | 9.13 billion constant LCU | +9.0% |
| 1965 | 10.07 billion constant LCU | +10.3% |
| 1966 | 10.63 billion constant LCU | +5.5% |
| 1967 | 11.10 billion constant LCU | +4.4% |
| 1968 | 11.64 billion constant LCU | +4.9% |
| 1969 | 12.62 billion constant LCU | +8.4% |
| 1970 | 13.97 billion constant LCU | +10.7% |
| 1971 | 14.82 billion constant LCU | +6.1% |
| 1972 | 15.84 billion constant LCU | +6.9% |
| 1973 | 17.68 billion constant LCU | +11.6% |
| 1974 | 17.95 billion constant LCU | +1.5% |
| 1975 | 17.04 billion constant LCU | -5.1% |
| 1976 | 16.92 billion constant LCU | -0.7% |
| 1977 | 17.15 billion constant LCU | +1.3% |
| 1978 | 18.25 billion constant LCU | +6.4% |
| 1979 | 19.05 billion constant LCU | +4.4% |
| 1980 | 18.28 billion constant LCU | -4.1% |
| 1981 | 17.54 billion constant LCU | -4.1% |
| 1982 | 17.45 billion constant LCU | -0.5% |
| 1983 | 18.21 billion constant LCU | +4.3% |
| 1984 | 18.26 billion constant LCU | +0.3% |
| 1985 | 18.87 billion constant LCU | +3.3% |
| 1986 | 19.54 billion constant LCU | +3.6% |
| 1987 | 20.26 billion constant LCU | +3.7% |
| 1988 | 21.04 billion constant LCU | +3.8% |
| 1989 | 20.23 billion constant LCU | -3.8% |
| 1990 | 19.47 billion constant LCU | -3.8% |
| 1991 | 21.35 billion constant LCU | +9.7% |
| 1992 | 24.21 billion constant LCU | +13.4% |
| 1993 | 28.28 billion constant LCU | +16.8% |
| 1994 | 29.62 billion constant LCU | +4.7% |
| 1995 | 29.16 billion constant LCU | -1.6% |
| 1996 | 31.63 billion constant LCU | +8.5% |
| 1997 | 30.38 billion constant LCU | -4.0% |
| 1998 | 29.49 billion constant LCU | -2.9% |
| 1999 | 30.33 billion constant LCU | +2.9% |
| 2000 | 29.62 billion constant LCU | -2.4% |
| 2001 | 29.08 billion constant LCU | -1.8% |
| 2002 | 29.03 billion constant LCU | -0.2% |
| 2003 | 29.65 billion constant LCU | +2.1% |
| 2004 | 30.51 billion constant LCU | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.90 billion constant LCU | 7.53 billion constant LCU | 12.62 billion constant LCU | 9 |
| 1970s | 16.87 billion constant LCU | 13.97 billion constant LCU | 19.05 billion constant LCU | 10 |
| 1980s | 18.97 billion constant LCU | 17.45 billion constant LCU | 21.04 billion constant LCU | 10 |
| 1990s | 27.39 billion constant LCU | 19.47 billion constant LCU | 31.63 billion constant LCU | 10 |
| 2000s | 29.57 billion constant LCU | 29.03 billion constant LCU | 30.51 billion constant LCU | 5 |
Countries ranked near Papua New Guinea
- 144 Eritrea 31.75 billion constant LCU compare
- 145 Cyprus 30.75 billion constant LCU compare
- 146 Estonia 30.64 billion constant LCU compare
- 148 El Salvador 29.71 billion constant LCU compare
- 149 Azerbaijan 29.47 billion constant LCU compare
- 150 Seychelles 28.92 billion constant LCU 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)
- External balance on goods and services (current US$), annual growth -4.41 % change on previous year (2004)
- External balance on goods and services (current LCU), annual growth -13.34 % change on previous year (2004)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.68 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.6558 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,910 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.09 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.1513 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 440.79 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross domestic income in Papua New Guinea?
- Gross domestic income in Papua New Guinea was 30.51 billion constant LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Papua New Guinea?
- The highest recorded value was 31.63 billion constant LCU in 1996.
- What is the lowest gross domestic income recorded in Papua New Guinea?
- The lowest recorded value was 7.53 billion constant LCU in 1961.
- How does Papua New Guinea rank for gross domestic income?
- Papua New Guinea ranks 147th out of 179 countries with data for 2004.
- Is gross domestic income rising or falling in Papua New Guinea?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.