Manufacturing, value added in Papua New Guinea
Papua New Guinea: Manufacturing, value added was 507.43 million current US$ in 2024. ▲ Rising
Latest (2024)
507.43 million current US$
Change on year
down 0.8%
World rank
153rd
of 205 countries
All-time high
525.20 million current US$
in 2012
All-time low
35.28 million current US$
in 1970
Years of data
54
1970–2024
Manufacturing, value added in Papua New Guinea, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Papua New Guinea recorded 507.43 million current US$ for manufacturing, value added in 2024.
That represents a change of down 0.8% on the previous year and up 2.7% over ten years.
Over the whole period, manufacturing, value added in Papua New Guinea peaked at 525.20 million current US$ in 2012 and was at its lowest, 35.28 million current US$, in 1970.
That places Papua New Guinea 153rd out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Manufacturing, value added in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 35.28 million current US$ | — |
| 1971 | 41.57 million current US$ | +17.8% |
| 1972 | 48.74 million current US$ | +17.2% |
| 1973 | 73.57 million current US$ | +50.9% |
| 1974 | 98.76 million current US$ | +34.2% |
| 1975 | 109.83 million current US$ | +11.2% |
| 1976 | 127.39 million current US$ | +16.0% |
| 1977 | 126.23 million current US$ | -0.9% |
| 1978 | 189.02 million current US$ | +49.7% |
| 1979 | 213.84 million current US$ | +13.1% |
| 1980 | 241.90 million current US$ | +13.1% |
| 1981 | 247.56 million current US$ | +2.3% |
| 1982 | 222.90 million current US$ | -10.0% |
| 1983 | 259.88 million current US$ | +16.6% |
| 1984 | 280.45 million current US$ | +7.9% |
| 1985 | 264.52 million current US$ | -5.7% |
| 1986 | 263.84 million current US$ | -0.3% |
| 1987 | 296.18 million current US$ | +12.3% |
| 1988 | 339.43 million current US$ | +14.6% |
| 1989 | 392.29 million current US$ | +15.6% |
| 1990 | 288.77 million current US$ | -26.4% |
| 1991 | 362.50 million current US$ | +25.5% |
| 1992 | 404.62 million current US$ | +11.6% |
| 1993 | 420.07 million current US$ | +3.8% |
| 1994 | 421.19 million current US$ | +0.3% |
| 1995 | 371.58 million current US$ | -11.8% |
| 1996 | 460.55 million current US$ | +23.9% |
| 1997 | 453.94 million current US$ | -1.4% |
| 1998 | 350.75 million current US$ | -22.7% |
| 1999 | 286.53 million current US$ | -18.3% |
| 2000 | 252.35 million current US$ | -11.9% |
| 2001 | 216.67 million current US$ | -14.1% |
| 2002 | 187.68 million current US$ | -13.4% |
| 2003 | 230.97 million current US$ | +23.1% |
| 2004 | 263.31 million current US$ | +14.0% |
| 2006 | 195.21 million current US$ | -25.9% |
| 2007 | 229.84 million current US$ | +17.7% |
| 2008 | 293.29 million current US$ | +27.6% |
| 2009 | 301.19 million current US$ | +2.7% |
| 2010 | 347.77 million current US$ | +15.5% |
| 2011 | 451.22 million current US$ | +29.7% |
| 2012 | 525.20 million current US$ | +16.4% |
| 2013 | 518.89 million current US$ | -1.2% |
| 2014 | 493.98 million current US$ | -4.8% |
| 2015 | 386.05 million current US$ | -21.8% |
| 2016 | 400.94 million current US$ | +3.9% |
| 2017 | 442.42 million current US$ | +10.3% |
| 2018 | 415.72 million current US$ | -6.0% |
| 2019 | 418.55 million current US$ | +0.7% |
| 2020 | 401.90 million current US$ | -4.0% |
| 2021 | 444.30 million current US$ | +10.6% |
| 2022 | 515.04 million current US$ | +15.9% |
| 2023 | 511.69 million current US$ | -0.7% |
| 2024 | 507.43 million current US$ | -0.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 507.43 million current US$ is below the median for lower middle income countries, which is 2.54 billion current US$, 20% of the median. (47 countries reporting)
- Papua New Guinea's 507.43 million current US$ is below the median for East Asia & Pacific, which is 1.49 billion current US$, 34% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 106.42 million current US$ | 35.28 million current US$ | 213.84 million current US$ | 10 |
| 1980s | 280.89 million current US$ | 222.90 million current US$ | 392.29 million current US$ | 10 |
| 1990s | 382.05 million current US$ | 286.53 million current US$ | 460.55 million current US$ | 10 |
| 2000s | 241.17 million current US$ | 187.68 million current US$ | 301.19 million current US$ | 9 |
| 2010s | 440.07 million current US$ | 347.77 million current US$ | 525.20 million current US$ | 10 |
| 2020s | 476.07 million current US$ | 401.90 million current US$ | 515.04 million current US$ | 5 |
Countries ranked near Papua New Guinea
- 150 Mauritania 540.56 million current US$ compare
- 151 Guyana 514.49 million current US$ compare
- 152 New Caledonia 514.07 million current US$ compare
- 154 Sierra Leone 485.04 million current US$ compare
- 155 Central African Republic 458.74 million current US$ compare
- 156 Burundi 440.75 million current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added in Papua New Guinea?
- Manufacturing, value added in Papua New Guinea was 507.43 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Papua New Guinea?
- The highest recorded value was 525.20 million current US$ in 2012.
- What is the lowest manufacturing, value added recorded in Papua New Guinea?
- The lowest recorded value was 35.28 million current US$ in 1970.
- How does Papua New Guinea rank for manufacturing, value added?
- Papua New Guinea ranks 153rd out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Papua New Guinea?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.