Gross domestic product (GDP), Constant prices, Purchasing power in Papua New Guinea
Papua New Guinea: Gross domestic product (GDP), Constant prices, Purchasing power was 38.42 in 2019. ◆ Volatile
Latest (2019)
38.42
Change on year
up 6.5%
World rank
124th
of 193 countries
All-time high
38.42
in 2019
All-time low
4.18
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Papua New Guinea, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Papua New Guinea stood at 38.42. That is the highest value across all 60 years on record.
That represents a change of up 6.5% on the previous year and up 69.9% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Papua New Guinea peaked at 38.42 in 2019 and was at its lowest, 4.18, in 1960.
That places Papua New Guinea 124th out of 193 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.18 | — |
| 1961 | 4.86 | +16.2% |
| 1962 | 5.18 | +6.6% |
| 1963 | 5.37 | +3.5% |
| 1964 | 5.78 | +7.7% |
| 1965 | 6.32 | +9.3% |
| 1966 | 6.61 | +4.6% |
| 1967 | 6.91 | +4.4% |
| 1968 | 7.33 | +6.2% |
| 1969 | 7.88 | +7.5% |
| 1970 | 8.49 | +7.7% |
| 1971 | 8.82 | +3.9% |
| 1972 | 9.32 | +5.6% |
| 1973 | 9.52 | +2.2% |
| 1974 | 9.73 | +2.2% |
| 1975 | 9.69 | -0.4% |
| 1976 | 9.4 | -3.0% |
| 1977 | 8.97 | -4.6% |
| 1978 | 9.74 | +8.6% |
| 1979 | 9.92 | +1.8% |
| 1980 | 9.69 | -2.3% |
| 1981 | 9.66 | -0.3% |
| 1982 | 9.74 | +0.8% |
| 1983 | 10.08 | +3.4% |
| 1984 | 9.98 | -1.0% |
| 1985 | 10.34 | +3.6% |
| 1986 | 10.92 | +5.6% |
| 1987 | 11.22 | +2.8% |
| 1988 | 11.55 | +2.9% |
| 1989 | 11.38 | -1.4% |
| 1990 | 11.04 | -3.0% |
| 1991 | 12.09 | +9.5% |
| 1992 | 13.77 | +13.8% |
| 1993 | 16.27 | +18.2% |
| 1994 | 17.24 | +5.9% |
| 1995 | 16.67 | -3.3% |
| 1996 | 17.77 | +6.6% |
| 1997 | 16.64 | -6.3% |
| 1998 | 17.42 | +4.7% |
| 1999 | 17.74 | +1.9% |
| 2000 | 17.31 | -2.5% |
| 2001 | 17.3 | -0.0% |
| 2002 | 17.65 | +2.0% |
| 2003 | 18.42 | +4.4% |
| 2004 | 18.53 | +0.6% |
| 2005 | 19.26 | +3.9% |
| 2006 | 19.7 | +2.3% |
| 2007 | 21.24 | +7.8% |
| 2008 | 21.17 | -0.3% |
| 2009 | 22.61 | +6.8% |
| 2010 | 24.9 | +10.1% |
| 2011 | 25.18 | +1.1% |
| 2012 | 26.35 | +4.7% |
| 2013 | 27.36 | +3.8% |
| 2014 | 31.07 | +13.5% |
| 2015 | 33.11 | +6.6% |
| 2016 | 34.93 | +5.5% |
| 2017 | 36.16 | +3.5% |
| 2018 | 36.06 | -0.3% |
| 2019 | 38.42 | +6.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 38.42 is below the median for lower middle income countries, which is 48.19, 80% of the median. (46 countries reporting)
- Papua New Guinea's 38.42 is below the median for East Asia & Pacific, which is 56.15, 68% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.04 | 4.18 | 7.88 | 10 |
| 1970s | 9.36 | 8.49 | 9.92 | 10 |
| 1980s | 10.46 | 9.66 | 11.55 | 10 |
| 1990s | 15.67 | 11.04 | 17.77 | 10 |
| 2000s | 19.32 | 17.3 | 22.61 | 10 |
| 2010s | 31.35 | 24.9 | 38.42 | 10 |
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)
- 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 gross domestic product (gdp), constant prices, purchasing power in Papua New Guinea?
- Gross domestic product (gdp), constant prices, purchasing power in Papua New Guinea was 38.42 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Papua New Guinea?
- The highest recorded value was 38.42 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Papua New Guinea?
- The lowest recorded value was 4.18 in 1960.
- How does Papua New Guinea rank for gross domestic product (gdp), constant prices, purchasing power?
- Papua New Guinea ranks 124th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Papua New Guinea?
- Over the last ten years it is up 69.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.