Gross Domestic Product, GDP in millions constant 2021 international $ in Papua New Guinea
Papua New Guinea: Gross Domestic Product, GDP in millions constant 2021 international $ was 50,683 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Papua New Guinea, 1991–2027
Source: International Labour Organization.
Analysis
Papua New Guinea recorded 50,683 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 3.1% on the previous year and up 27.8% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Papua New Guinea peaked at 50,683 in 2027 and was at its lowest, 13,506, in 1991.
Papua New Guinea ranks 136th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 13,506 | — |
| 1992 | 15,377 | +13.8% |
| 1993 | 18,175 | +18.2% |
| 1994 | 19,255 | +5.9% |
| 1995 | 18,618 | -3.3% |
| 1996 | 20,057 | +7.7% |
| 1997 | 19,274 | -3.9% |
| 1998 | 18,548 | -3.8% |
| 1999 | 18,892 | +1.9% |
| 2000 | 18,421 | -2.5% |
| 2001 | 18,398 | -0.1% |
| 2002 | 18,369 | -0.2% |
| 2003 | 18,767 | +2.2% |
| 2004 | 19,277 | +2.7% |
| 2005 | 20,500 | +6.3% |
| 2006 | 21,610 | +5.4% |
| 2007 | 23,298 | +7.8% |
| 2008 | 23,229 | -0.3% |
| 2009 | 24,809 | +6.8% |
| 2010 | 27,322 | +10.1% |
| 2011 | 27,624 | +1.1% |
| 2012 | 28,911 | +4.7% |
| 2013 | 30,017 | +3.8% |
| 2014 | 34,082 | +13.5% |
| 2015 | 36,324 | +6.6% |
| 2016 | 38,318 | +5.5% |
| 2017 | 39,672 | +3.5% |
| 2018 | 39,562 | -0.3% |
| 2019 | 41,334 | +4.5% |
| 2020 | 40,025 | -3.2% |
| 2021 | 39,821 | -0.5% |
| 2022 | 42,093 | +5.7% |
| 2023 | 43,699 | +3.8% |
| 2024 | 45,347 | +3.8% |
| 2025 | 47,496 | +4.7% |
| 2026 | 49,159 | +3.5% |
| 2027 | 50,683 | +3.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 50,683 is below the median for lower middle income countries, which is 75,074, 68% of the median. (46 countries reporting)
- Papua New Guinea's 50,683 is below the median for East Asia & Pacific, which is 84,340, 60% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17,967 | 13,506 | 20,057 | 9 |
| 2000s | 20,668 | 18,369 | 24,809 | 10 |
| 2010s | 34,317 | 27,322 | 41,334 | 10 |
| 2020s | 44,790 | 39,821 | 50,683 | 8 |
Countries ranked near Papua New Guinea
- 133 Cyprus 54,502 compare
- 134 Korea, Democratic People's Republic of 52,947 compare
- 135 Gabon 51,590 compare
- 137 Botswana 48,308 compare
- 138 North Macedonia 48,286 compare
- 139 Trinidad and Tobago 45,900 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 gross domestic product, gdp in millions constant 2021 international $ in Papua New Guinea?
- Gross domestic product, gdp in millions constant 2021 international $ in Papua New Guinea was 50,683 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Papua New Guinea?
- The highest recorded value was 50,683 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Papua New Guinea?
- The lowest recorded value was 13,506 in 1991.
- How does Papua New Guinea rank for gross domestic product, gdp in millions constant 2021 international $?
- Papua New Guinea ranks 136th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Papua New Guinea?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.