Real gdp growth in Papua New Guinea
Papua New Guinea: Real gdp growth was 3.89 in 2024. ◆ Volatile
Latest (2024)
3.89
Change on year
up 2.0%
World rank
79th
of 196 countries
All-time high
13.83
in 1992
All-time low
-6.34
in 1997
Years of data
45
1980–2024
Real gdp growth in Papua New Guinea, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Papua New Guinea is 3.89, measured in 2024.
That represents a change of up 2.0% on the previous year and down 71.3% over ten years.
Over the whole period, real gdp growth in Papua New Guinea peaked at 13.83 in 1992 and was at its lowest, -6.34, in 1997.
That places Papua New Guinea 79th out of 196 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.56 | -2.31 | 5.65 | 10 |
| 1990s | 4.74 | -6.34 | 13.83 | 10 |
| 2000s | 2.8 | -2.49 | 9.05 | 10 |
| 2010s | 5.31 | -0.279 | 13.54 | 10 |
| 2020s | 1.95 | -3.17 | 5.71 | 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)
- Taxes less subsidies on products (current US$), annual growth rate -5.17 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0448 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 130.56 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.78 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1727 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 503.02 current LCU per person (2024)
- 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)
Frequently asked questions
- What is real gdp growth in Papua New Guinea?
- Real gdp growth in Papua New Guinea was 3.89 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Papua New Guinea?
- The highest recorded value was 13.83 in 1992.
- What is the lowest real gdp growth recorded in Papua New Guinea?
- The lowest recorded value was -6.34 in 1997.
- How does Papua New Guinea rank for real gdp growth?
- Papua New Guinea ranks 79th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Papua New Guinea?
- Over the last ten years it is down 71.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).