Industry (including construction), value added (current US$) in Papua New Guinea
Papua New Guinea: Industry (including construction), value added (current US$) was 11.25 billion current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Papua New Guinea, 1961–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for industry (including construction), value added in Papua New Guinea is 11.25 billion current US$, measured in 2024.
The figure is up 0.6% on the previous year and up 47.9% over ten years.
Over the whole period, industry (including construction), value added in Papua New Guinea peaked at 12.75 billion current US$ in 2022 and was at its lowest, 32.93 million current US$, in 1961.
That places Papua New Guinea 100th out of 209 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 32.93 million current US$ | — |
| 1962 | 37.18 million current US$ | +12.9% |
| 1963 | 42.45 million current US$ | +14.2% |
| 1964 | 47.94 million current US$ | +12.9% |
| 1965 | 61.60 million current US$ | +28.5% |
| 1966 | 79.52 million current US$ | +29.1% |
| 1967 | 87.70 million current US$ | +10.3% |
| 1968 | 89.94 million current US$ | +2.6% |
| 1969 | 101.81 million current US$ | +13.2% |
| 1970 | 142.69 million current US$ | +40.2% |
| 1971 | 175.59 million current US$ | +23.1% |
| 1972 | 242.74 million current US$ | +38.2% |
| 1973 | 469.10 million current US$ | +93.2% |
| 1974 | 511.58 million current US$ | +9.1% |
| 1975 | 386.44 million current US$ | -24.5% |
| 1976 | 379.66 million current US$ | -1.8% |
| 1977 | 427.97 million current US$ | +12.7% |
| 1978 | 495.12 million current US$ | +15.7% |
| 1979 | 667.08 million current US$ | +34.7% |
| 1980 | 683.36 million current US$ | +2.4% |
| 1981 | 580.56 million current US$ | -15.0% |
| 1982 | 550.34 million current US$ | -5.2% |
| 1983 | 714.59 million current US$ | +29.8% |
| 1984 | 601.41 million current US$ | -15.8% |
| 1985 | 635.70 million current US$ | +5.7% |
| 1986 | 751.28 million current US$ | +18.2% |
| 1987 | 996.04 million current US$ | +32.6% |
| 1988 | 1.25 billion current US$ | +25.4% |
| 1989 | 1.05 billion current US$ | -16.1% |
| 1990 | 979.15 million current US$ | -6.6% |
| 1991 | 1.30 billion current US$ | +33.2% |
| 1992 | 1.74 billion current US$ | +33.5% |
| 1993 | 1.94 billion current US$ | +11.2% |
| 1994 | 1.78 billion current US$ | -8.1% |
| 1995 | 1.49 billion current US$ | -16.4% |
| 1996 | 1.79 billion current US$ | +20.7% |
| 1997 | 1.47 billion current US$ | -18.0% |
| 1998 | 1.19 billion current US$ | -19.2% |
| 1999 | 1.22 billion current US$ | +2.7% |
| 2000 | 1.38 billion current US$ | +13.5% |
| 2001 | 1.19 billion current US$ | -14.4% |
| 2002 | 1.05 billion current US$ | -11.7% |
| 2003 | 1.25 billion current US$ | +19.1% |
| 2004 | 1.45 billion current US$ | +16.5% |
| 2006 | 2.95 billion current US$ | +103.4% |
| 2007 | 3.30 billion current US$ | +11.6% |
| 2008 | 4.01 billion current US$ | +21.7% |
| 2009 | 3.46 billion current US$ | -13.8% |
| 2010 | 4.73 billion current US$ | +36.6% |
| 2011 | 5.64 billion current US$ | +19.2% |
| 2012 | 5.87 billion current US$ | +4.2% |
| 2013 | 5.64 billion current US$ | -3.9% |
| 2014 | 7.61 billion current US$ | +34.9% |
| 2015 | 7.56 billion current US$ | -0.6% |
| 2016 | 7.21 billion current US$ | -4.6% |
| 2017 | 8.27 billion current US$ | +14.7% |
| 2018 | 8.90 billion current US$ | +7.7% |
| 2019 | 9.09 billion current US$ | +2.1% |
| 2020 | 7.88 billion current US$ | -13.3% |
| 2021 | 8.89 billion current US$ | +12.8% |
| 2022 | 12.75 billion current US$ | +43.5% |
| 2023 | 11.18 billion current US$ | -12.3% |
| 2024 | 11.25 billion current US$ | +0.6% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 11.25 billion current US$ is above the median for lower middle income countries, which is 7.20 billion current US$, 1.6× the median. (47 countries reporting)
- Papua New Guinea's 11.25 billion current US$ is above the median for East Asia & Pacific, which is 9.23 billion current US$, 1.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 64.56 million current US$ | 32.93 million current US$ | 101.81 million current US$ | 9 |
| 1970s | 389.80 million current US$ | 142.69 million current US$ | 667.08 million current US$ | 10 |
| 1980s | 781.03 million current US$ | 550.34 million current US$ | 1.25 billion current US$ | 10 |
| 1990s | 1.49 billion current US$ | 979.15 million current US$ | 1.94 billion current US$ | 10 |
| 2000s | 2.23 billion current US$ | 1.05 billion current US$ | 4.01 billion current US$ | 9 |
| 2010s | 7.05 billion current US$ | 4.73 billion current US$ | 9.09 billion current US$ | 10 |
| 2020s | 10.39 billion current US$ | 7.88 billion current US$ | 12.75 billion current US$ | 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)
- 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 industry (including construction), value added in Papua New Guinea?
- Industry (including construction), value added in Papua New Guinea was 11.25 billion current US$ 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 12.75 billion current US$ in 2022.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was 32.93 million current US$ in 1961.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 100th out of 209 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 47.9%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.