Gross National Income — Value Standard Local Currency in Papua New Guinea
Papua New Guinea: Gross National Income — Value Standard Local Currency was 104,776 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Papua New Guinea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Papua New Guinea stood at 104,776 million SLC.
The figure is down 0.1% on the previous year and up 138.9% over ten years.
Over the whole period, gross national income — value standard local currency in Papua New Guinea peaked at 104,886 million SLC in 2022 and was at its lowest, 860.35 million SLC, in 1970.
Papua New Guinea ranks 137th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Papua New Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 860.35 million SLC | — |
| 1971 | 920.08 million SLC | +6.9% |
| 1972 | 1,040 million SLC | +13.0% |
| 1973 | 1,308 million SLC | +25.9% |
| 1974 | 1,450 million SLC | +10.8% |
| 1975 | 1,502 million SLC | +3.6% |
| 1976 | 1,712 million SLC | +14.0% |
| 1977 | 1,897 million SLC | +10.8% |
| 1978 | 2,079 million SLC | +9.6% |
| 1979 | 2,377 million SLC | +14.3% |
| 1980 | 2,461 million SLC | +3.5% |
| 1981 | 2,418 million SLC | -1.7% |
| 1982 | 2,501 million SLC | +3.4% |
| 1983 | 2,766 million SLC | +10.6% |
| 1984 | 3,017 million SLC | +9.1% |
| 1985 | 3,160 million SLC | +4.7% |
| 1986 | 3,414 million SLC | +8.1% |
| 1987 | 3,719 million SLC | +8.9% |
| 1988 | 4,161 million SLC | +11.9% |
| 1989 | 4,001 million SLC | -3.8% |
| 1990 | 4,039 million SLC | +0.9% |
| 1991 | 4,762 million SLC | +17.9% |
| 1992 | 5,502 million SLC | +15.6% |
| 1993 | 6,546 million SLC | +19.0% |
| 1994 | 8,427 million SLC | +28.7% |
| 1995 | 9,547 million SLC | +13.3% |
| 1996 | 10,346 million SLC | +8.4% |
| 1997 | 10,796 million SLC | +4.3% |
| 1998 | 11,898 million SLC | +10.2% |
| 1999 | 13,506 million SLC | +13.5% |
| 2000 | 14,902 million SLC | +10.3% |
| 2001 | 15,928 million SLC | +6.9% |
| 2002 | 18,270 million SLC | +14.7% |
| 2003 | 20,440 million SLC | +11.9% |
| 2004 | 19,216 million SLC | -6.0% |
| 2005 | 21,408 million SLC | +11.4% |
| 2006 | 23,019 million SLC | +7.5% |
| 2007 | 26,169 million SLC | +13.7% |
| 2008 | 29,773 million SLC | +13.8% |
| 2009 | 29,656 million SLC | -0.4% |
| 2010 | 35,847 million SLC | +20.9% |
| 2011 | 38,583 million SLC | +7.6% |
| 2012 | 42,085 million SLC | +9.1% |
| 2013 | 43,861 million SLC | +4.2% |
| 2014 | 56,142 million SLC | +28.0% |
| 2015 | 56,131 million SLC | -0.0% |
| 2016 | 62,139 million SLC | +10.7% |
| 2017 | 69,138 million SLC | +11.3% |
| 2018 | 75,084 million SLC | +8.6% |
| 2019 | 78,020 million SLC | +3.9% |
| 2020 | 80,000 million SLC | +2.5% |
| 2021 | 87,604 million SLC | +9.5% |
| 2022 | 104,886 million SLC | +19.7% |
| 2023 | 104,776 million SLC | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,515 million SLC | 860.35 million SLC | 2,377 million SLC | 10 |
| 1980s | 3,162 million SLC | 2,418 million SLC | 4,161 million SLC | 10 |
| 1990s | 8,537 million SLC | 4,039 million SLC | 13,506 million SLC | 10 |
| 2000s | 21,878 million SLC | 14,902 million SLC | 29,773 million SLC | 10 |
| 2010s | 55,703 million SLC | 35,847 million SLC | 78,020 million SLC | 10 |
| 2020s | 94,316 million SLC | 80,000 million SLC | 104,886 million SLC | 4 |
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)
- Gross national expenditure (current US$), annual growth rate 13.86 % change on previous year (2004)
- Gross national expenditure (current US$), per unit of GDP 0.8675 current US$ per US$ of GDP (2004)
- Gross national expenditure (current US$), per capita 538.4 current US$ per person (2004)
- Gross national expenditure (current LCU), annual growth rate 3.22 % change on previous year (2004)
- Gross national expenditure (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2004)
- Gross national expenditure (current LCU), per capita 1,735 current LCU per person (2004)
- Exports of goods and services (current US$), annual growth rate 15.44 % change on previous year (2004)
- Exports of goods and services (current US$), per unit of GDP 0.7216 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is gross national income — value standard local currency in Papua New Guinea?
- Gross national income — value standard local currency in Papua New Guinea was 104,776 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Papua New Guinea?
- The highest recorded value was 104,886 million SLC in 2022.
- What is the lowest gross national income — value standard local currency recorded in Papua New Guinea?
- The lowest recorded value was 860.35 million SLC in 1970.
- How does Papua New Guinea rank for gross national income — value standard local currency?
- Papua New Guinea ranks 137th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Papua New Guinea?
- Over the last ten years it is up 138.9%. The long-run trend across the full record is volatile.
- 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 Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).