Gross value added at basic prices (GVA) (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9552 current US$ per US$ of GDP in 2024. ▬ Flat
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Papua New Guinea, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (current us$), per unit of gdp in Papua New Guinea stood at 0.9552 current US$ per US$ of GDP.
The figure is up 0.3% on the previous year and up 0.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Papua New Guinea peaked at 0.9756 current US$ per US$ of GDP in 2011 and was at its lowest, 0.9075 current US$ per US$ of GDP, in 1987.
That places Papua New Guinea 55th out of 205 countries with data for 2024, putting it in the middle of the range.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.9752 current US$ per US$ of GDP | — |
| 1961 | 0.9748 current US$ per US$ of GDP | -0.0% |
| 1962 | 0.9738 current US$ per US$ of GDP | -0.1% |
| 1963 | 0.9716 current US$ per US$ of GDP | -0.2% |
| 1964 | 0.9699 current US$ per US$ of GDP | -0.2% |
| 1965 | 0.9665 current US$ per US$ of GDP | -0.4% |
| 1966 | 0.9619 current US$ per US$ of GDP | -0.5% |
| 1967 | 0.9597 current US$ per US$ of GDP | -0.2% |
| 1968 | 0.9589 current US$ per US$ of GDP | -0.1% |
| 1969 | 0.9557 current US$ per US$ of GDP | -0.3% |
| 1970 | 0.9506 current US$ per US$ of GDP | -0.5% |
| 1971 | 0.9473 current US$ per US$ of GDP | -0.3% |
| 1972 | 0.9505 current US$ per US$ of GDP | +0.3% |
| 1973 | 0.957 current US$ per US$ of GDP | +0.7% |
| 1974 | 0.953 current US$ per US$ of GDP | -0.4% |
| 1975 | 0.945 current US$ per US$ of GDP | -0.8% |
| 1976 | 0.9436 current US$ per US$ of GDP | -0.1% |
| 1977 | 0.9359 current US$ per US$ of GDP | -0.8% |
| 1978 | 0.94 current US$ per US$ of GDP | +0.4% |
| 1979 | 0.9416 current US$ per US$ of GDP | +0.2% |
| 1980 | 0.9356 current US$ per US$ of GDP | -0.6% |
| 1981 | 0.9318 current US$ per US$ of GDP | -0.4% |
| 1982 | 0.9232 current US$ per US$ of GDP | -0.9% |
| 1983 | 0.9291 current US$ per US$ of GDP | +0.6% |
| 1984 | 0.9219 current US$ per US$ of GDP | -0.8% |
| 1985 | 0.9217 current US$ per US$ of GDP | -0.0% |
| 1986 | 0.9108 current US$ per US$ of GDP | -1.2% |
| 1987 | 0.9075 current US$ per US$ of GDP | -0.4% |
| 1988 | 0.9107 current US$ per US$ of GDP | +0.3% |
| 1989 | 0.9334 current US$ per US$ of GDP | +2.5% |
| 1990 | 0.9389 current US$ per US$ of GDP | +0.6% |
| 1991 | 0.9443 current US$ per US$ of GDP | +0.6% |
| 1992 | 0.9536 current US$ per US$ of GDP | +1.0% |
| 1993 | 0.9598 current US$ per US$ of GDP | +0.7% |
| 1994 | 0.9556 current US$ per US$ of GDP | -0.4% |
| 1995 | 0.9528 current US$ per US$ of GDP | -0.3% |
| 1996 | 0.9501 current US$ per US$ of GDP | -0.3% |
| 1997 | 0.9477 current US$ per US$ of GDP | -0.2% |
| 1998 | 0.9497 current US$ per US$ of GDP | +0.2% |
| 1999 | 0.9477 current US$ per US$ of GDP | -0.2% |
| 2000 | 0.9495 current US$ per US$ of GDP | +0.2% |
| 2001 | 0.9488 current US$ per US$ of GDP | -0.1% |
| 2002 | 0.9509 current US$ per US$ of GDP | +0.2% |
| 2003 | 0.9573 current US$ per US$ of GDP | +0.7% |
| 2004 | 0.9516 current US$ per US$ of GDP | -0.6% |
| 2006 | 0.9693 current US$ per US$ of GDP | +1.9% |
| 2007 | 0.9661 current US$ per US$ of GDP | -0.3% |
| 2008 | 0.9685 current US$ per US$ of GDP | +0.2% |
| 2009 | 0.9668 current US$ per US$ of GDP | -0.2% |
| 2010 | 0.9692 current US$ per US$ of GDP | +0.3% |
| 2011 | 0.9756 current US$ per US$ of GDP | +0.7% |
| 2012 | 0.9645 current US$ per US$ of GDP | -1.1% |
| 2013 | 0.963 current US$ per US$ of GDP | -0.2% |
| 2014 | 0.9495 current US$ per US$ of GDP | -1.4% |
| 2015 | 0.9554 current US$ per US$ of GDP | +0.6% |
| 2016 | 0.9603 current US$ per US$ of GDP | +0.5% |
| 2017 | 0.9551 current US$ per US$ of GDP | -0.5% |
| 2018 | 0.9555 current US$ per US$ of GDP | +0.0% |
| 2019 | 0.9552 current US$ per US$ of GDP | -0.0% |
| 2020 | 0.9583 current US$ per US$ of GDP | +0.3% |
| 2021 | 0.9563 current US$ per US$ of GDP | -0.2% |
| 2022 | 0.9615 current US$ per US$ of GDP | +0.5% |
| 2023 | 0.9527 current US$ per US$ of GDP | -0.9% |
| 2024 | 0.9552 current US$ per US$ of GDP | +0.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.9552 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.9331 current US$ per US$ of GDP, 1.0× the median. (47 countries reporting)
- Papua New Guinea's 0.9552 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.9423 current US$ per US$ of GDP, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9668 current US$ per US$ of GDP | 0.9557 current US$ per US$ of GDP | 0.9752 current US$ per US$ of GDP | 10 |
| 1970s | 0.9465 current US$ per US$ of GDP | 0.9359 current US$ per US$ of GDP | 0.957 current US$ per US$ of GDP | 10 |
| 1980s | 0.9226 current US$ per US$ of GDP | 0.9075 current US$ per US$ of GDP | 0.9356 current US$ per US$ of GDP | 10 |
| 1990s | 0.95 current US$ per US$ of GDP | 0.9389 current US$ per US$ of GDP | 0.9598 current US$ per US$ of GDP | 10 |
| 2000s | 0.9588 current US$ per US$ of GDP | 0.9488 current US$ per US$ of GDP | 0.9693 current US$ per US$ of GDP | 9 |
| 2010s | 0.9603 current US$ per US$ of GDP | 0.9495 current US$ per US$ of GDP | 0.9756 current US$ per US$ of GDP | 10 |
| 2020s | 0.9568 current US$ per US$ of GDP | 0.9527 current US$ per US$ of GDP | 0.9615 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 52 Indonesia 0.9575 current US$ per US$ of GDP compare
- 53 Uzbekistan 0.9559 current US$ per US$ of GDP compare
- 54 Ireland 0.9555 current US$ per US$ of GDP compare
- 56 Guinea-Bissau 0.9544 current US$ per US$ of GDP compare
- 57 Algeria 0.9499 current US$ per US$ of GDP compare
- 58 Tunisia 0.9494 current 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in Papua New Guinea?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Papua New Guinea was 0.9552 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.9756 current US$ per US$ of GDP in 2011.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.9075 current US$ per US$ of GDP in 1987.
- How does Papua New Guinea rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Papua New Guinea ranks 55th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp 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 flat.
- 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.