How does Papua New Guinea rank for gross value added at basic prices (gva) (constant lcu), per unit of?

Papua New Guinea ranks 113th out of 196 countries with data for 2024.

Is gross value added at basic prices (gva) (constant lcu), per unit of 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 volatile.

Gross value added at basic prices (GVA) (constant LCU), per unit of in Papua New Guinea

Name: Gross value added at basic prices (GVA) (constant LCU), per unit of in Papua New Guinea
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Papua New Guinea: Gross value added at basic prices (GVA) (constant LCU), per unit of was 2.23 constant LCU per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

2.23 constant LCU per US$ of GDP

Change on year

up 4.2%

World rank

113th

of 196 countries

All-time high

7.92 constant LCU per US$ of GDP

in 1960

All-time low

1.34 constant LCU per US$ of GDP

in 1989

Years of data

1960–2024

Gross value added at basic prices (GVA) (constant LCU), per unit of in Papua New Guinea, 1960–2024

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Papua New Guinea recorded 2.23 constant LCU per US$ of GDP for gross value added at basic prices (gva) (constant lcu), per unit of in 2024.

Compared with earlier readings it is 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 lcu), per unit of in Papua New Guinea peaked at 7.92 constant LCU per US$ of GDP in 1960 and was at its lowest, 1.34 constant LCU per US$ of GDP, in 1989.

That places Papua New Guinea 113th out of 196 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (constant LCU), per unit of in Papua New Guinea, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), per unit of GDP in Papua New Guinea, 1960 to 2024.
Year	constant LCU per US$ of GDP	Change
1960	7.92 constant LCU per US$ of GDP	—
1961	7.92 constant LCU per US$ of GDP	-0.0%
1962	7.89 constant LCU per US$ of GDP	-0.3%
1963	7.77 constant LCU per US$ of GDP	-1.5%
1964	7.63 constant LCU per US$ of GDP	-1.9%
1965	7.46 constant LCU per US$ of GDP	-2.2%
1966	6.91 constant LCU per US$ of GDP	-7.3%
1967	6.35 constant LCU per US$ of GDP	-8.1%
1968	6.03 constant LCU per US$ of GDP	-5.1%
1969	5.73 constant LCU per US$ of GDP	-5.0%
1970	5.39 constant LCU per US$ of GDP	-5.9%
1971	5.14 constant LCU per US$ of GDP	-4.7%
1972	4.55 constant LCU per US$ of GDP	-11.4%
1973	3.23 constant LCU per US$ of GDP	-29.1%
1974	2.92 constant LCU per US$ of GDP	-9.5%
1975	3.1 constant LCU per US$ of GDP	+6.3%
1976	2.69 constant LCU per US$ of GDP	-13.4%
1977	2.48 constant LCU per US$ of GDP	-7.8%
1978	2.27 constant LCU per US$ of GDP	-8.2%
1979	1.97 constant LCU per US$ of GDP	-13.4%
1980	1.67 constant LCU per US$ of GDP	-15.1%
1981	1.69 constant LCU per US$ of GDP	+1.3%
1982	1.78 constant LCU per US$ of GDP	+5.1%
1983	1.71 constant LCU per US$ of GDP	-4.3%
1984	1.69 constant LCU per US$ of GDP	-0.9%
1985	1.85 constant LCU per US$ of GDP	+9.8%
1986	1.76 constant LCU per US$ of GDP	-5.0%
1987	1.52 constant LCU per US$ of GDP	-14.0%
1988	1.34 constant LCU per US$ of GDP	-11.4%
1989	1.34 constant LCU per US$ of GDP	-0.2%
1990	1.44 constant LCU per US$ of GDP	+7.7%
1997	1.55 constant LCU per US$ of GDP	+7.6%
1998	1.96 constant LCU per US$ of GDP	+26.0%
1999	2.16 constant LCU per US$ of GDP	+10.6%
2000	2.08 constant LCU per US$ of GDP	-3.8%
2001	2.37 constant LCU per US$ of GDP	+13.9%
2002	2.43 constant LCU per US$ of GDP	+2.4%
2003	2.12 constant LCU per US$ of GDP	-12.7%
2004	1.95 constant LCU per US$ of GDP	-8.0%
2006	3.97 constant LCU per US$ of GDP	+103.8%
2007	3.73 constant LCU per US$ of GDP	-6.0%
2008	3.05 constant LCU per US$ of GDP	-18.3%
2009	3.28 constant LCU per US$ of GDP	+7.5%
2010	2.95 constant LCU per US$ of GDP	-10.1%
2011	2.38 constant LCU per US$ of GDP	-19.3%
2012	2.08 constant LCU per US$ of GDP	-12.6%
2013	2.16 constant LCU per US$ of GDP	+3.9%
2014	2.22 constant LCU per US$ of GDP	+2.5%
2015	2.54 constant LCU per US$ of GDP	+14.8%
2016	2.83 constant LCU per US$ of GDP	+11.2%
2017	2.66 constant LCU per US$ of GDP	-6.0%
2018	2.5 constant LCU per US$ of GDP	-6.1%
2019	2.54 constant LCU per US$ of GDP	+1.8%
2020	2.56 constant LCU per US$ of GDP	+0.8%
2021	2.32 constant LCU per US$ of GDP	-9.6%
2022	2.02 constant LCU per US$ of GDP	-12.7%
2023	2.14 constant LCU per US$ of GDP	+5.9%
2024	2.23 constant LCU per US$ of GDP	+4.2%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	7.16 constant LCU per US$ of GDP	5.73 constant LCU per US$ of GDP	7.92 constant LCU per US$ of GDP	10
1970s	3.37 constant LCU per US$ of GDP	1.97 constant LCU per US$ of GDP	5.39 constant LCU per US$ of GDP	10
1980s	1.64 constant LCU per US$ of GDP	1.34 constant LCU per US$ of GDP	1.85 constant LCU per US$ of GDP	10
1990s	1.78 constant LCU per US$ of GDP	1.44 constant LCU per US$ of GDP	2.16 constant LCU per US$ of GDP	4
2000s	2.78 constant LCU per US$ of GDP	1.95 constant LCU per US$ of GDP	3.97 constant LCU per US$ of GDP	9
2010s	2.49 constant LCU per US$ of GDP	2.08 constant LCU per US$ of GDP	2.95 constant LCU per US$ of GDP	10
2020s	2.25 constant LCU per US$ of GDP	2.02 constant LCU per US$ of GDP	2.56 constant LCU per US$ of GDP	5

Countries ranked near Papua New Guinea

110 Suriname 3.28 constant LCU per US$ of GDP compare
111 United Arab Emirates 3.22 constant LCU per US$ of GDP compare
112 Israel 2.84 constant LCU per US$ of GDP compare
114 Poland 2.18 constant LCU per US$ of GDP compare
115 Libya 2.13 constant LCU per US$ of GDP compare
116 Dominica 2.08 constant LCU per US$ of GDP compare

See the full ranking of 197 places →

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)

All data for Papua New Guinea →

Frequently asked questions

What is gross value added at basic prices (gva) (constant lcu), per unit of in Papua New Guinea?: Gross value added at basic prices (gva) (constant lcu), per unit of in Papua New Guinea was 2.23 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Papua New Guinea?: The highest recorded value was 7.92 constant LCU per US$ of GDP in 1960.
What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Papua New Guinea?: The lowest recorded value was 1.34 constant LCU per US$ of GDP in 1989.
How does Papua New Guinea rank for gross value added at basic prices (gva) (constant lcu), per unit of?: Papua New Guinea ranks 113th out of 196 countries with data for 2024.
Is gross value added at basic prices (gva) (constant lcu), per unit of 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 volatile.
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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), per unit of in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-per-unit-of-gdp/papua-new-guinea/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant LCU) 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 LCU) ÷ GDP (current US$)

Computed from

Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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

Indicator: Gross value added at basic prices (GVA) (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 197 places, 8,292 data points, 1960–2025
Last refreshed: 28 August 2026

Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.