Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 3.68 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
3.68 current LCU per US$ of GDP
Change on year
up 7.6%
World rank
122nd
of 205 countries
All-time high
3.7 current LCU per US$ of GDP
in 2002
All-time low
0.6271 current LCU per US$ of GDP
in 1981
Years of data
64
1960–2024
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Papua New Guinea, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Papua New Guinea recorded 3.68 current LCU per US$ of GDP for gross value added at basic prices (gva) (current lcu), per unit of gdp in 2024.
The figure is up 7.6% on the previous year and up 57.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Papua New Guinea peaked at 3.7 current LCU per US$ of GDP in 2002 and was at its lowest, 0.6271 current LCU per US$ of GDP, in 1981.
That places Papua New Guinea 122nd out of 205 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) (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.8707 current LCU per US$ of GDP | — |
| 1961 | 0.8704 current LCU per US$ of GDP | -0.0% |
| 1962 | 0.8695 current LCU per US$ of GDP | -0.1% |
| 1963 | 0.8675 current LCU per US$ of GDP | -0.2% |
| 1964 | 0.866 current LCU per US$ of GDP | -0.2% |
| 1965 | 0.8629 current LCU per US$ of GDP | -0.4% |
| 1966 | 0.8588 current LCU per US$ of GDP | -0.5% |
| 1967 | 0.8569 current LCU per US$ of GDP | -0.2% |
| 1968 | 0.8562 current LCU per US$ of GDP | -0.1% |
| 1969 | 0.8533 current LCU per US$ of GDP | -0.3% |
| 1970 | 0.8487 current LCU per US$ of GDP | -0.5% |
| 1971 | 0.8362 current LCU per US$ of GDP | -1.5% |
| 1972 | 0.7937 current LCU per US$ of GDP | -5.1% |
| 1973 | 0.6739 current LCU per US$ of GDP | -15.1% |
| 1974 | 0.664 current LCU per US$ of GDP | -1.5% |
| 1975 | 0.7219 current LCU per US$ of GDP | +8.7% |
| 1976 | 0.7481 current LCU per US$ of GDP | +3.6% |
| 1977 | 0.7407 current LCU per US$ of GDP | -1.0% |
| 1978 | 0.6664 current LCU per US$ of GDP | -10.0% |
| 1979 | 0.6702 current LCU per US$ of GDP | +0.6% |
| 1980 | 0.6277 current LCU per US$ of GDP | -6.3% |
| 1981 | 0.6271 current LCU per US$ of GDP | -0.1% |
| 1982 | 0.6817 current LCU per US$ of GDP | +8.7% |
| 1983 | 0.7769 current LCU per US$ of GDP | +14.0% |
| 1984 | 0.8284 current LCU per US$ of GDP | +6.6% |
| 1985 | 0.922 current LCU per US$ of GDP | +11.3% |
| 1986 | 0.8847 current LCU per US$ of GDP | -4.0% |
| 1987 | 0.824 current LCU per US$ of GDP | -6.9% |
| 1988 | 0.7896 current LCU per US$ of GDP | -4.2% |
| 1989 | 0.8016 current LCU per US$ of GDP | +1.5% |
| 1990 | 0.8971 current LCU per US$ of GDP | +11.9% |
| 1991 | 0.8989 current LCU per US$ of GDP | +0.2% |
| 1992 | 0.9199 current LCU per US$ of GDP | +2.3% |
| 1993 | 0.9391 current LCU per US$ of GDP | +2.1% |
| 1994 | 0.9604 current LCU per US$ of GDP | +2.3% |
| 1995 | 1.27 current LCU per US$ of GDP | +32.6% |
| 1996 | 1.25 current LCU per US$ of GDP | -1.6% |
| 1997 | 1.36 current LCU per US$ of GDP | +8.5% |
| 1998 | 1.96 current LCU per US$ of GDP | +43.9% |
| 1999 | 2.41 current LCU per US$ of GDP | +23.0% |
| 2000 | 2.63 current LCU per US$ of GDP | +9.1% |
| 2001 | 3.2 current LCU per US$ of GDP | +22.0% |
| 2002 | 3.7 current LCU per US$ of GDP | +15.4% |
| 2003 | 3.4 current LCU per US$ of GDP | -7.9% |
| 2004 | 3.07 current LCU per US$ of GDP | -9.9% |
| 2006 | 2.96 current LCU per US$ of GDP | -3.4% |
| 2007 | 2.86 current LCU per US$ of GDP | -3.3% |
| 2008 | 2.62 current LCU per US$ of GDP | -8.7% |
| 2009 | 2.66 current LCU per US$ of GDP | +1.9% |
| 2010 | 2.64 current LCU per US$ of GDP | -1.1% |
| 2011 | 2.31 current LCU per US$ of GDP | -12.2% |
| 2012 | 2.01 current LCU per US$ of GDP | -13.1% |
| 2013 | 2.16 current LCU per US$ of GDP | +7.6% |
| 2014 | 2.34 current LCU per US$ of GDP | +8.1% |
| 2015 | 2.65 current LCU per US$ of GDP | +13.2% |
| 2016 | 3.01 current LCU per US$ of GDP | +13.7% |
| 2017 | 3.05 current LCU per US$ of GDP | +1.2% |
| 2018 | 3.15 current LCU per US$ of GDP | +3.3% |
| 2019 | 3.24 current LCU per US$ of GDP | +2.8% |
| 2020 | 3.32 current LCU per US$ of GDP | +2.5% |
| 2021 | 3.36 current LCU per US$ of GDP | +1.2% |
| 2022 | 3.38 current LCU per US$ of GDP | +0.8% |
| 2023 | 3.42 current LCU per US$ of GDP | +1.1% |
| 2024 | 3.68 current LCU per US$ of GDP | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8632 current LCU per US$ of GDP | 0.8533 current LCU per US$ of GDP | 0.8707 current LCU per US$ of GDP | 10 |
| 1970s | 0.7364 current LCU per US$ of GDP | 0.664 current LCU per US$ of GDP | 0.8487 current LCU per US$ of GDP | 10 |
| 1980s | 0.7764 current LCU per US$ of GDP | 0.6271 current LCU per US$ of GDP | 0.922 current LCU per US$ of GDP | 10 |
| 1990s | 1.29 current LCU per US$ of GDP | 0.8971 current LCU per US$ of GDP | 2.41 current LCU per US$ of GDP | 10 |
| 2000s | 3.01 current LCU per US$ of GDP | 2.62 current LCU per US$ of GDP | 3.7 current LCU per US$ of GDP | 9 |
| 2010s | 2.65 current LCU per US$ of GDP | 2.01 current LCU per US$ of GDP | 3.24 current LCU per US$ of GDP | 10 |
| 2020s | 3.43 current LCU per US$ of GDP | 3.32 current LCU per US$ of GDP | 3.68 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 119 Brazil 4.8 current LCU per US$ of GDP compare
- 120 Malaysia 4.23 current LCU per US$ of GDP compare
- 121 Romania 4.03 current LCU per US$ of GDP compare
- 123 United Arab Emirates 3.67 current LCU per US$ of GDP compare
- 124 Qatar 3.62 current LCU per US$ of GDP compare
- 125 Saudi Arabia 3.54 current LCU 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)
- Industry (including construction), value added (constant 2015 US$) 3.66 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2738 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 797.48 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 3.66 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.8065 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 2,349 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate -0.1907 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4196 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in Papua New Guinea?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Papua New Guinea was 3.68 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 3.7 current LCU per US$ of GDP in 2002.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.6271 current LCU per US$ of GDP in 1981.
- How does Papua New Guinea rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Papua New Guinea ranks 122nd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 57.5%. 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 value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
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) (current 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.