Industry (including construction), value added in Papua New Guinea
Papua New Guinea: Industry (including construction), value added was 3.7% in 2024. ◆ Volatile
Industry (including construction), value added in Papua New Guinea, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Papua New Guinea stood at 3.7%.
The figure is up 127.8% on the previous year and down 90.7% over ten years.
Over the whole period, industry (including construction), value added in Papua New Guinea peaked at 39.1% in 2014 and was at its lowest, -17.0%, in 1997.
That places Papua New Guinea 79th out of 197 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.
Industry (including construction), value added in Papua New Guinea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | -11.4% | — |
| 1982 | 0.8% | -107.0% |
| 1983 | 9.3% | +1074.4% |
| 1984 | -6.1% | -165.8% |
| 1985 | 14.0% | -327.9% |
| 1986 | 11.0% | -21.3% |
| 1987 | -1.7% | -115.7% |
| 1988 | 5.5% | -418.6% |
| 1989 | -14.1% | -357.1% |
| 1990 | -2.5% | -82.4% |
| 1991 | 30.0% | -1305.8% |
| 1992 | 36.2% | +20.7% |
| 1993 | 27.8% | -23.1% |
| 1994 | 1.0% | -96.3% |
| 1995 | -8.6% | -925.9% |
| 1996 | 10.1% | -217.4% |
| 1997 | -17.0% | -268.7% |
| 1998 | 9.7% | -157.2% |
| 1999 | 0.2% | -97.7% |
| 2000 | -0.9% | -491.8% |
| 2001 | -0.3% | -65.9% |
| 2002 | -0.4% | +26.4% |
| 2003 | 4.6% | -1318.8% |
| 2004 | 1.9% | -58.9% |
| 2007 | 4.8% | +153.0% |
| 2008 | -3.3% | -169.2% |
| 2009 | 15.1% | -554.0% |
| 2010 | 12.0% | -20.5% |
| 2011 | -8.4% | -170.3% |
| 2012 | -2.2% | -74.0% |
| 2013 | 2.0% | -189.2% |
| 2014 | 39.1% | +1901.7% |
| 2015 | 26.4% | -32.6% |
| 2016 | 12.0% | -54.3% |
| 2017 | 4.7% | -61.2% |
| 2018 | -7.5% | -260.9% |
| 2019 | 7.5% | -199.9% |
| 2020 | -7.5% | -199.7% |
| 2021 | -7.9% | +5.2% |
| 2022 | 6.6% | -183.8% |
| 2023 | 1.6% | -75.7% |
| 2024 | 3.7% | +127.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | -14.1% | 14.0% | 9 |
| 1990s | 8.7% | -17.0% | 36.2% | 10 |
| 2000s | 2.7% | -3.3% | 15.1% | 8 |
| 2010s | 8.6% | -8.4% | 39.1% | 10 |
| 2020s | -0.7% | -7.9% | 6.6% | 5 |
Countries ranked near Papua New Guinea
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 industry (including construction), value added in Papua New Guinea?
- Industry (including construction), value added in Papua New Guinea was 3.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Papua New Guinea?
- The highest recorded value was 39.1% in 2014.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was -17.0% in 1997.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 79th out of 197 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Papua New Guinea?
- Over the last ten years it is down 90.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.