Industry (including construction), value added in Papua New Guinea
Papua New Guinea: Industry (including construction), value added was 24.84 billion constant LCU in 2024. β Volatile
Industry (including construction), value added in Papua New Guinea, 1980β2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Papua New Guinea is 24.84 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 3.7% on the previous year and up 41.0% over ten years.
Over the whole period, industry (including construction), value added in Papua New Guinea peaked at 26.12 billion constant LCU in 2017 and was at its lowest, 1.03 billion constant LCU, in 1981.
Papua New Guinea ranks 132nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.19 billion constant LCU | 1.03 billion constant LCU | 1.39 billion constant LCU | 10 |
| 1990s | 2.23 billion constant LCU | 1.17 billion constant LCU | 2.69 billion constant LCU | 10 |
| 2000s | 6.36 billion constant LCU | 2.41 billion constant LCU | 12.39 billion constant LCU | 9 |
| 2010s | 19.27 billion constant LCU | 12.42 billion constant LCU | 26.12 billion constant LCU | 10 |
| 2020s | 23.71 billion constant LCU | 22.12 billion constant LCU | 24.84 billion constant LCU | 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1716 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 5.83 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4.26 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.235 (2025)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8825 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 2,665 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units 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 24.84 billion constant LCU 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 26.12 billion constant LCU in 2017.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was 1.03 billion constant LCU in 1981.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 132nd out of 199 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 up 41.0%. 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.