Gross National Income — Value US$, annual growth rate in Papua New Guinea
Papua New Guinea: Gross National Income — Value US$, annual growth rate was -2.06 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Papua New Guinea, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded -2.06 % change on previous year for gross national income — value us$, annual growth rate in 2023.
The figure is down 110.7% on the previous year and up 36.5% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Papua New Guinea peaked at 49.26 % change on previous year in 1973 and was at its lowest, -23.57 % change on previous year, in 1998.
That places Papua New Guinea 198th out of 236 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.16 % change on previous year | — |
| 1972 | 19.44 % change on previous year | +138.1% |
| 1973 | 49.26 % change on previous year | +153.3% |
| 1974 | 12.03 % change on previous year | -75.6% |
| 1975 | -5.56 % change on previous year | -146.2% |
| 1976 | 9.87 % change on previous year | -277.5% |
| 1977 | 10.99 % change on previous year | +11.4% |
| 1978 | 22.35 % change on previous year | +103.3% |
| 1979 | 13.83 % change on previous year | -38.1% |
| 1980 | 9.84 % change on previous year | -28.9% |
| 1981 | -2.03 % change on previous year | -120.6% |
| 1982 | -5.73 % change on previous year | +182.2% |
| 1983 | -2.33 % change on previous year | -59.3% |
| 1984 | 1.49 % change on previous year | -164.1% |
| 1985 | -5.93 % change on previous year | -497.7% |
| 1986 | 11.27 % change on previous year | -289.9% |
| 1987 | 16.56 % change on previous year | +47.0% |
| 1988 | 17.16 % change on previous year | +3.6% |
| 1989 | -2.92 % change on previous year | -117.0% |
| 1990 | -9.23 % change on previous year | +216.3% |
| 1991 | 18.3 % change on previous year | -298.3% |
| 1992 | 14 % change on previous year | -23.5% |
| 1993 | 17.32 % change on previous year | +23.7% |
| 1994 | 24.51 % change on previous year | +41.6% |
| 1995 | -10.47 % change on previous year | -142.7% |
| 1996 | 5.15 % change on previous year | -149.1% |
| 1997 | -4.28 % change on previous year | -183.2% |
| 1998 | -23.57 % change on previous year | +450.6% |
| 1999 | -8.44 % change on previous year | -64.2% |
| 2000 | 1.96 % change on previous year | -123.2% |
| 2001 | -12.24 % change on previous year | -726.2% |
| 2002 | -0.2106 % change on previous year | -98.3% |
| 2003 | 22.29 % change on previous year | -10683.9% |
| 2004 | 3.96 % change on previous year | -82.2% |
| 2005 | 15.74 % change on previous year | +297.6% |
| 2006 | 9.11 % change on previous year | -42.1% |
| 2007 | 17.19 % change on previous year | +88.6% |
| 2008 | 24.95 % change on previous year | +45.2% |
| 2009 | -2.38 % change on previous year | -109.6% |
| 2010 | 22.47 % change on previous year | -1042.4% |
| 2011 | 23.45 % change on previous year | +4.3% |
| 2012 | 24.12 % change on previous year | +2.9% |
| 2013 | -3.25 % change on previous year | -113.5% |
| 2014 | 16.72 % change on previous year | -614.8% |
| 2015 | -11.11 % change on previous year | -166.4% |
| 2016 | -2.18 % change on previous year | -80.4% |
| 2017 | 9.32 % change on previous year | -527.4% |
| 2018 | 5.15 % change on previous year | -44.7% |
| 2019 | 1.03 % change on previous year | -80.1% |
| 2020 | 0.3903 % change on previous year | -61.9% |
| 2021 | 7.98 % change on previous year | +1945.0% |
| 2022 | 19.37 % change on previous year | +142.7% |
| 2023 | -2.06 % change on previous year | -110.7% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +10683.9% | -0.2106 % change on previous year | 22.29 % change on previous year |
| 2021 | +1945.0% | 0.3903 % change on previous year | 7.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.6 % change on previous year | -5.56 % change on previous year | 49.26 % change on previous year | 9 |
| 1980s | 3.74 % change on previous year | -5.93 % change on previous year | 17.16 % change on previous year | 10 |
| 1990s | 2.33 % change on previous year | -23.57 % change on previous year | 24.51 % change on previous year | 10 |
| 2000s | 8.04 % change on previous year | -12.24 % change on previous year | 24.95 % change on previous year | 10 |
| 2010s | 8.57 % change on previous year | -11.11 % change on previous year | 24.12 % change on previous year | 10 |
| 2020s | 6.42 % change on previous year | -2.06 % change on previous year | 19.37 % change on previous year | 4 |
Countries ranked near Papua New Guinea
- 196 Belarus -1.79 % change on previous year compare
- 197 Czechoslovakia -1.95 % change on previous year compare
- 199 Bangladesh -2.39 % change on previous year compare
- 200 Gabon -2.46 % change on previous year compare
- 201 Namibia -2.48 % change on previous year compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Papua New Guinea?
- Gross national income — value us$, annual growth rate in Papua New Guinea was -2.06 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 49.26 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -23.57 % change on previous year in 1998.
- How does Papua New Guinea rank for gross national income — value us$, annual growth rate?
- Papua New Guinea ranks 198th out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.