Manufacturing, value added (current LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Manufacturing, value added (current LCU), annual growth rate was 6.44 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current LCU), annual growth rate in Papua New Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded 6.44 % change on previous year for manufacturing, value added (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 381.6% on the previous year and up 46.4% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Papua New Guinea peaked at 34.13 % change on previous year in 1978 and was at its lowest, -18.11 % change on previous year, in 1990.
Papua New Guinea ranks 83rd of 203 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.
Manufacturing, value added (current LCU), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.51 % change on previous year | — |
| 1972 | 10.9 % change on previous year | -34.0% |
| 1973 | 27.27 % change on previous year | +150.2% |
| 1974 | 32.82 % change on previous year | +20.3% |
| 1975 | 21.95 % change on previous year | -33.1% |
| 1976 | 20.38 % change on previous year | -7.1% |
| 1977 | -1.09 % change on previous year | -105.3% |
| 1978 | 34.13 % change on previous year | -3234.1% |
| 1979 | 13.58 % change on previous year | -60.2% |
| 1980 | 6.64 % change on previous year | -51.1% |
| 1981 | 2.65 % change on previous year | -60.1% |
| 1982 | -1.2 % change on previous year | -145.3% |
| 1983 | 32.02 % change on previous year | -2767.0% |
| 1984 | 15.97 % change on previous year | -50.1% |
| 1985 | 5 % change on previous year | -68.7% |
| 1986 | -3.14 % change on previous year | -162.7% |
| 1987 | 4.92 % change on previous year | -256.7% |
| 1988 | 9.45 % change on previous year | +92.1% |
| 1989 | 14.47 % change on previous year | +53.2% |
| 1990 | -18.11 % change on previous year | -225.1% |
| 1991 | 25.08 % change on previous year | -238.5% |
| 1992 | 13.1 % change on previous year | -47.8% |
| 1993 | 5.3 % change on previous year | -59.5% |
| 1994 | 2.99 % change on previous year | -43.6% |
| 1995 | 17.29 % change on previous year | +477.8% |
| 1996 | 22.26 % change on previous year | +28.7% |
| 1997 | 7.25 % change on previous year | -67.4% |
| 1998 | 10.95 % change on previous year | +51.1% |
| 1999 | 0.7199 % change on previous year | -93.4% |
| 2000 | -4.1 % change on previous year | -669.0% |
| 2001 | 4.79 % change on previous year | -216.9% |
| 2002 | -0.2462 % change on previous year | -105.1% |
| 2003 | 12.55 % change on previous year | -5195.9% |
| 2004 | 3.35 % change on previous year | -73.3% |
| 2007 | 14.22 % change on previous year | +324.4% |
| 2008 | 16.19 % change on previous year | +13.9% |
| 2009 | 4.79 % change on previous year | -70.4% |
| 2010 | 13.96 % change on previous year | +191.6% |
| 2011 | 13.13 % change on previous year | -6.0% |
| 2012 | 2.29 % change on previous year | -82.6% |
| 2013 | 6.43 % change on previous year | +180.8% |
| 2014 | 4.4 % change on previous year | -31.6% |
| 2015 | -12.1 % change on previous year | -375.2% |
| 2016 | 17.54 % change on previous year | -244.9% |
| 2017 | 12.31 % change on previous year | -29.8% |
| 2018 | -2.95 % change on previous year | -124.0% |
| 2019 | 3.56 % change on previous year | -220.5% |
| 2020 | -1.92 % change on previous year | -154.1% |
| 2021 | 12.11 % change on previous year | -729.4% |
| 2022 | 16.27 % change on previous year | +34.3% |
| 2023 | 1.34 % change on previous year | -91.8% |
| 2024 | 6.44 % change on previous year | +381.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.61 % change on previous year | -1.09 % change on previous year | 34.13 % change on previous year | 9 |
| 1980s | 8.68 % change on previous year | -3.14 % change on previous year | 32.02 % change on previous year | 10 |
| 1990s | 8.68 % change on previous year | -18.11 % change on previous year | 25.08 % change on previous year | 10 |
| 2000s | 6.44 % change on previous year | -4.1 % change on previous year | 16.19 % change on previous year | 8 |
| 2010s | 5.86 % change on previous year | -12.1 % change on previous year | 17.54 % change on previous year | 10 |
| 2020s | 6.85 % change on previous year | -1.92 % change on previous year | 16.27 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 80 Belize 6.63 % change on previous year compare
- 81 Sri Lanka 6.48 % change on previous year compare
- 82 Georgia 6.44 % change on previous year compare
- 84 Tajikistan 6.27 % change on previous year compare
- 85 Republic of Moldova 6.26 % change on previous year compare
- 86 Latvia 6.25 % change on previous year 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0165 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 47.98 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0635 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 184.85 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 42.52 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (current lcu), annual growth rate in Papua New Guinea?
- Manufacturing, value added (current lcu), annual growth rate in Papua New Guinea was 6.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 34.13 % change on previous year in 1978.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -18.11 % change on previous year in 1990.
- How does Papua New Guinea rank for manufacturing, value added (current lcu), annual growth rate?
- Papua New Guinea ranks 83rd out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 46.4%. 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 Manufacturing, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.