Gross Domestic Product — Value Standard Local Currency, 2015 prices in Papua New Guinea
Papua New Guinea: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.007 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Papua New Guinea is 0.007 million SLC per person, measured in 2024.
The figure is up 2.3% on the previous year and up 5.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Papua New Guinea peaked at 0.0072 million SLC per person in 2017 and was at its lowest, 0.0051 million SLC per person, in 1990.
Papua New Guinea ranks 180th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Papua New Guinea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0062 million SLC per person | — |
| 1971 | 0.0062 million SLC per person | +1.5% |
| 1972 | 0.0064 million SLC per person | +3.1% |
| 1973 | 0.0064 million SLC per person | -0.2% |
| 1974 | 0.0064 million SLC per person | -0.1% |
| 1975 | 0.0063 million SLC per person | -2.6% |
| 1976 | 0.0059 million SLC per person | -5.1% |
| 1977 | 0.0055 million SLC per person | -6.6% |
| 1978 | 0.0059 million SLC per person | +6.3% |
| 1979 | 0.0059 million SLC per person | -0.3% |
| 1980 | 0.0056 million SLC per person | -4.3% |
| 1981 | 0.0055 million SLC per person | -2.3% |
| 1982 | 0.0054 million SLC per person | -1.2% |
| 1983 | 0.0055 million SLC per person | +1.3% |
| 1984 | 0.0053 million SLC per person | -3.1% |
| 1985 | 0.0054 million SLC per person | +1.4% |
| 1986 | 0.0056 million SLC per person | +3.4% |
| 1987 | 0.0056 million SLC per person | +0.6% |
| 1988 | 0.0057 million SLC per person | +0.7% |
| 1989 | 0.0054 million SLC per person | -3.6% |
| 1990 | 0.0051 million SLC per person | -5.5% |
| 1991 | 0.0055 million SLC per person | +6.1% |
| 1992 | 0.006 million SLC per person | +9.9% |
| 1993 | 0.0068 million SLC per person | +14.0% |
| 1994 | 0.007 million SLC per person | +2.2% |
| 1995 | 0.0065 million SLC per person | -6.7% |
| 1996 | 0.0067 million SLC per person | +2.9% |
| 1997 | 0.0061 million SLC per person | -9.6% |
| 1998 | 0.0061 million SLC per person | +1.1% |
| 1999 | 0.006 million SLC per person | -1.6% |
| 2000 | 0.0057 million SLC per person | -5.8% |
| 2001 | 0.0055 million SLC per person | -3.4% |
| 2002 | 0.0054 million SLC per person | -1.4% |
| 2003 | 0.0055 million SLC per person | +1.0% |
| 2004 | 0.0053 million SLC per person | -2.7% |
| 2005 | 0.0054 million SLC per person | +0.6% |
| 2006 | 0.0053 million SLC per person | -0.9% |
| 2007 | 0.0055 million SLC per person | +4.5% |
| 2008 | 0.0054 million SLC per person | -3.3% |
| 2009 | 0.0055 million SLC per person | +3.6% |
| 2010 | 0.0059 million SLC per person | +6.9% |
| 2011 | 0.0058 million SLC per person | -1.8% |
| 2012 | 0.0059 million SLC per person | +1.8% |
| 2013 | 0.006 million SLC per person | +1.1% |
| 2014 | 0.0066 million SLC per person | +10.6% |
| 2015 | 0.0069 million SLC per person | +3.9% |
| 2016 | 0.0071 million SLC per person | +2.9% |
| 2017 | 0.0072 million SLC per person | +1.1% |
| 2018 | 0.007 million SLC per person | -2.6% |
| 2019 | 0.0071 million SLC per person | +2.1% |
| 2020 | 0.0068 million SLC per person | -5.2% |
| 2021 | 0.0066 million SLC per person | -2.7% |
| 2022 | 0.0068 million SLC per person | +3.2% |
| 2023 | 0.0068 million SLC per person | +0.8% |
| 2024 | 0.007 million SLC per person | +2.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.007 million SLC per person is below the median for lower middle income countries, which is 0.1359 million SLC per person, 5% of the median. (44 countries reporting)
- Papua New Guinea's 0.007 million SLC per person is below the median for East Asia & Pacific, which is 0.0672 million SLC per person, 10% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0061 million SLC per person | 0.0055 million SLC per person | 0.0064 million SLC per person | 10 |
| 1980s | 0.0055 million SLC per person | 0.0053 million SLC per person | 0.0057 million SLC per person | 10 |
| 1990s | 0.0062 million SLC per person | 0.0051 million SLC per person | 0.007 million SLC per person | 10 |
| 2000s | 0.0054 million SLC per person | 0.0053 million SLC per person | 0.0057 million SLC per person | 10 |
| 2010s | 0.0065 million SLC per person | 0.0058 million SLC per person | 0.0072 million SLC per person | 10 |
| 2020s | 0.0068 million SLC per person | 0.0066 million SLC per person | 0.007 million SLC per person | 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)
- 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 — value standard local currency, 2015 prices in Papua New Guinea?
- Gross domestic product — value standard local currency, 2015 prices in Papua New Guinea was 0.007 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Papua New Guinea?
- The highest recorded value was 0.0072 million SLC per person in 2017.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Papua New Guinea?
- The lowest recorded value was 0.0051 million SLC per person in 1990.
- How does Papua New Guinea rank for gross domestic product — value standard local currency, 2015 prices?
- Papua New Guinea ranks 180th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Papua New Guinea?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.