Industry (including construction), value added (current LCU), annual in Papua New Guinea

Papua New Guinea: Industry (including construction), value added (current LCU), annual was 8.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.01 % change on previous year
Change on year
up 176.0%
World rank
94th
of 207 countries
All-time high
62.95 % change on previous year
in 1973
All-time low
-17.17 % change on previous year
in 1975
Years of data
61
1962–2024

Industry (including construction), value added (current LCU), annual in Papua New Guinea, 1962–2024

-200204060196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for industry (including construction), value added (current lcu), annual in Papua New Guinea is 8.01 % change on previous year, measured in 2024.

Compared with earlier readings it is up 176.0% on the previous year and down 83.3% over ten years.

Over the whole period, industry (including construction), value added (current lcu), annual in Papua New Guinea peaked at 62.95 % change on previous year in 1973 and was at its lowest, -17.17 % change on previous year, in 1975.

That places Papua New Guinea 94th out of 207 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 (current LCU), annual in Papua New Guinea, year by year

Annual values for Industry (including construction), value added (current LCU), annual growth rate in Papua New Guinea, 1962 to 2024.
Year % change on previous year Change
1962 12.93 % change on previous year
1963 14.16 % change on previous year +9.5%
1964 12.93 % change on previous year -8.7%
1965 28.5 % change on previous year +120.5%
1966 29.09 % change on previous year +2.1%
1967 10.28 % change on previous year -64.7%
1968 2.55 % change on previous year -75.2%
1969 13.2 % change on previous year +416.8%
1970 40.15 % change on previous year +204.2%
1971 21.66 % change on previous year -46.0%
1972 30.77 % change on previous year +42.1%
1973 62.95 % change on previous year +104.6%
1974 7.9 % change on previous year -87.4%
1975 -17.17 % change on previous year -317.3%
1976 1.96 % change on previous year -111.4%
1977 12.52 % change on previous year +537.5%
1978 3.63 % change on previous year -71.0%
1979 35.27 % change on previous year +871.2%
1980 -3.43 % change on previous year -109.7%
1981 -14.79 % change on previous year +330.7%
1982 4.02 % change on previous year -127.2%
1983 47.02 % change on previous year +1070.2%
1984 -9.56 % change on previous year -120.3%
1985 17.67 % change on previous year -284.9%
1986 14.77 % change on previous year -16.4%
1987 23.91 % change on previous year +61.9%
1988 19.77 % change on previous year -17.3%
1989 -16.91 % change on previous year -185.5%
1990 3.96 % change on previous year -123.4%
1991 32.68 % change on previous year +726.0%
1992 35.24 % change on previous year +7.8%
1993 12.83 % change on previous year -63.6%
1994 -5.65 % change on previous year -144.0%
1995 11.16 % change on previous year -297.5%
1996 19.08 % change on previous year +71.0%
1997 -10.8 % change on previous year -156.6%
1998 15.97 % change on previous year -247.9%
1999 26.59 % change on previous year +66.5%
2000 23.62 % change on previous year -11.2%
2001 4.51 % change on previous year -80.9%
2002 1.67 % change on previous year -63.0%
2003 8.89 % change on previous year +432.7%
2004 5.64 % change on previous year -36.6%
2007 8.24 % change on previous year +46.1%
2008 10.84 % change on previous year +31.5%
2009 -12.04 % change on previous year -211.1%
2010 34.86 % change on previous year -389.5%
2011 3.96 % change on previous year -88.6%
2012 -8.44 % change on previous year -313.2%
2013 3.52 % change on previous year -141.7%
2014 47.88 % change on previous year +1259.9%
2015 11.75 % change on previous year -75.5%
2016 7.91 % change on previous year -32.7%
2017 16.74 % change on previous year +111.6%
2018 11.19 % change on previous year -33.2%
2019 4.98 % change on previous year -55.5%
2020 -11.41 % change on previous year -329.0%
2021 14.36 % change on previous year -225.9%
2022 43.88 % change on previous year +205.6%
2023 -10.54 % change on previous year -124.0%
2024 8.01 % change on previous year -176.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.46 % change on previous year 2.55 % change on previous year 29.09 % change on previous year 8
1970s 19.97 % change on previous year -17.17 % change on previous year 62.95 % change on previous year 10
1980s 8.25 % change on previous year -16.91 % change on previous year 47.02 % change on previous year 10
1990s 14.11 % change on previous year -10.8 % change on previous year 35.24 % change on previous year 10
2000s 6.42 % change on previous year -12.04 % change on previous year 23.62 % change on previous year 8
2010s 13.44 % change on previous year -8.44 % change on previous year 47.88 % change on previous year 10
2020s 8.86 % change on previous year -11.41 % change on previous year 43.88 % change on previous year 5

Countries ranked near Papua New Guinea

  1. 91 Turkmenistan 8.16 % change on previous year compare
  2. 92 Tuvalu 8.13 % change on previous year compare
  3. 93 Honduras 8.11 % change on previous year compare
  4. 95 Sierra Leone 7.98 % change on previous year compare
  5. 96 Kenya 7.93 % change on previous year compare
  6. 97 Denmark 7.67 % change on previous year compare

See the full ranking of 208 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is industry (including construction), value added (current lcu), annual in Papua New Guinea?
Industry (including construction), value added (current lcu), annual in Papua New Guinea was 8.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), annual recorded in Papua New Guinea?
The highest recorded value was 62.95 % change on previous year in 1973.
What is the lowest industry (including construction), value added (current lcu), annual recorded in Papua New Guinea?
The lowest recorded value was -17.17 % change on previous year in 1975.
How does Papua New Guinea rank for industry (including construction), value added (current lcu), annual?
Papua New Guinea ranks 94th out of 207 countries with data for 2024.
Is industry (including construction), value added (current lcu), annual rising or falling in Papua New Guinea?
Over the last ten years it is down 83.3%. 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 Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), annual in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/papua-new-guinea/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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
Industry (including construction), value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 8,776 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.