Services, value added in Papua New Guinea
Papua New Guinea: Services, value added was 5.2% in 2024. ◆ Volatile
Services, value added in Papua New Guinea, 2007–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, services, value added in Papua New Guinea stood at 5.2%.
That represents a change of up 4.4% on the previous year and up 473.4% over ten years.
Over the whole period, services, value added in Papua New Guinea peaked at 13.4% in 2007 and was at its lowest, -2.3%, in 2015.
That places Papua New Guinea 47th out of 196 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Papua New Guinea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2007 | 13.4% | — |
| 2008 | 1.5% | -89.0% |
| 2009 | 2.6% | +73.9% |
| 2010 | 12.4% | +384.3% |
| 2011 | 9.3% | -25.3% |
| 2012 | 6.0% | -35.9% |
| 2013 | 4.3% | -28.3% |
| 2014 | 0.9% | -78.6% |
| 2015 | -2.3% | -350.0% |
| 2016 | 2.3% | -198.6% |
| 2017 | 1.4% | -38.1% |
| 2018 | 5.1% | +262.5% |
| 2019 | 2.5% | -51.3% |
| 2020 | -0.2% | -107.1% |
| 2021 | 4.5% | -2661.0% |
| 2022 | 6.3% | +40.2% |
| 2023 | 5.0% | -20.3% |
| 2024 | 5.2% | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 1.5% | 13.4% | 3 |
| 2010s | 4.2% | -2.3% | 12.4% | 10 |
| 2020s | 4.2% | -0.2% | 6.3% | 5 |
Countries ranked near Papua New Guinea
- 44 Guinea 5.4% compare
- 45 China 5.4% compare
- 46 Guinea-Bissau 5.4% compare
- 48 Kazakhstan 5.2% compare
- 49 Tonga 5.2% compare
- 50 Turks and Caicos Islands 5.1% 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)
- GDP (current US$), annual growth rate 5.5 % change on previous year (2025)
- GDP (current US$), per capita 3,020 current US$ per person (2025)
- GDP (current LCU), annual growth rate 12.89 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 4.12 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12,449 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8825 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,665 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added in Papua New Guinea?
- Services, value added in Papua New Guinea was 5.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Papua New Guinea?
- The highest recorded value was 13.4% in 2007.
- What is the lowest services, value added recorded in Papua New Guinea?
- The lowest recorded value was -2.3% in 2015.
- How does Papua New Guinea rank for services, value added?
- Papua New Guinea ranks 47th out of 196 countries with data for 2024.
- Is services, value added rising or falling in Papua New Guinea?
- Over the last ten years it is up 473.4%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.