Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Papua New Guinea
Papua New Guinea: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.8374 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Papua New Guinea, 2006–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Papua New Guinea recorded 0.8374 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2024.
That represents a change of up 4.2% on the previous year and up 0.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Papua New Guinea peaked at 1.49 constant 2015 US$ per US$ of GDP in 2006 and was at its lowest, 0.7594 constant 2015 US$ per US$ of GDP, in 2022.
That places Papua New Guinea 46th out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Papua New Guinea, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 1.49 constant 2015 US$ per US$ of GDP | — |
| 2007 | 1.4 constant 2015 US$ per US$ of GDP | -6.0% |
| 2008 | 1.15 constant 2015 US$ per US$ of GDP | -18.3% |
| 2009 | 1.23 constant 2015 US$ per US$ of GDP | +7.5% |
| 2010 | 1.11 constant 2015 US$ per US$ of GDP | -10.1% |
| 2011 | 0.8934 constant 2015 US$ per US$ of GDP | -19.3% |
| 2012 | 0.7813 constant 2015 US$ per US$ of GDP | -12.6% |
| 2013 | 0.8115 constant 2015 US$ per US$ of GDP | +3.9% |
| 2014 | 0.8321 constant 2015 US$ per US$ of GDP | +2.5% |
| 2015 | 0.9554 constant 2015 US$ per US$ of GDP | +14.8% |
| 2016 | 1.06 constant 2015 US$ per US$ of GDP | +11.2% |
| 2017 | 0.9983 constant 2015 US$ per US$ of GDP | -6.0% |
| 2018 | 0.9374 constant 2015 US$ per US$ of GDP | -6.1% |
| 2019 | 0.9538 constant 2015 US$ per US$ of GDP | +1.8% |
| 2020 | 0.9616 constant 2015 US$ per US$ of GDP | +0.8% |
| 2021 | 0.8696 constant 2015 US$ per US$ of GDP | -9.6% |
| 2022 | 0.7594 constant 2015 US$ per US$ of GDP | -12.7% |
| 2023 | 0.8039 constant 2015 US$ per US$ of GDP | +5.9% |
| 2024 | 0.8374 constant 2015 US$ per US$ of GDP | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.32 constant 2015 US$ per US$ of GDP | 1.15 constant 2015 US$ per US$ of GDP | 1.49 constant 2015 US$ per US$ of GDP | 4 |
| 2010s | 0.9333 constant 2015 US$ per US$ of GDP | 0.7813 constant 2015 US$ per US$ of GDP | 1.11 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8464 constant 2015 US$ per US$ of GDP | 0.7594 constant 2015 US$ per US$ of GDP | 0.9616 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 43 Qatar 0.8463 constant 2015 US$ per US$ of GDP compare
- 44 Mauritius 0.8421 constant 2015 US$ per US$ of GDP compare
- 45 Thailand 0.8419 constant 2015 US$ per US$ of GDP compare
- 47 Botswana 0.8363 constant 2015 US$ per US$ of GDP compare
- 48 Djibouti 0.8342 constant 2015 US$ per US$ of GDP compare
- 49 Bahrain 0.8289 constant 2015 US$ per US$ of GDP 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0165 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 47.98 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0635 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 184.85 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 42.52 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Papua New Guinea?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Papua New Guinea was 0.8374 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Papua New Guinea?
- The highest recorded value was 1.49 constant 2015 US$ per US$ of GDP in 2006.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Papua New Guinea?
- The lowest recorded value was 0.7594 constant 2015 US$ per US$ of GDP in 2022.
- How does Papua New Guinea rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Papua New Guinea ranks 46th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Papua New Guinea?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.