Services, value added (constant 2015 US$), annual growth rate in Papua New Guinea
Papua New Guinea: Services, value added (constant 2015 US$), annual growth rate was 5.24 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Papua New Guinea, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Papua New Guinea is 5.24 % change on previous year, measured in 2024.
That represents a change of up 4.4% on the previous year and up 473.3% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Papua New Guinea peaked at 13.38 % change on previous year in 2007 and was at its lowest, -2.28 % change on previous year, in 2015.
That places Papua New Guinea 47th out of 195 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 13.38 % change on previous year | — |
| 2008 | 1.48 % change on previous year | -89.0% |
| 2009 | 2.57 % change on previous year | +73.9% |
| 2010 | 12.43 % change on previous year | +384.3% |
| 2011 | 9.29 % change on previous year | -25.3% |
| 2012 | 5.96 % change on previous year | -35.9% |
| 2013 | 4.27 % change on previous year | -28.3% |
| 2014 | 0.914 % change on previous year | -78.6% |
| 2015 | -2.28 % change on previous year | -350.0% |
| 2016 | 2.25 % change on previous year | -198.6% |
| 2017 | 1.39 % change on previous year | -38.1% |
| 2018 | 5.05 % change on previous year | +262.5% |
| 2019 | 2.46 % change on previous year | -51.3% |
| 2020 | -0.1754 % change on previous year | -107.1% |
| 2021 | 4.49 % change on previous year | -2661.0% |
| 2022 | 6.29 % change on previous year | +40.2% |
| 2023 | 5.02 % change on previous year | -20.3% |
| 2024 | 5.24 % change on previous year | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.81 % change on previous year | 1.48 % change on previous year | 13.38 % change on previous year | 3 |
| 2010s | 4.17 % change on previous year | -2.28 % change on previous year | 12.43 % change on previous year | 10 |
| 2020s | 4.17 % change on previous year | -0.1754 % change on previous year | 6.29 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 44 Guinea 5.4 % change on previous year compare
- 45 China 5.39 % change on previous year compare
- 46 Guinea-Bissau 5.36 % change on previous year compare
- 48 Kazakhstan 5.2 % change on previous year compare
- 49 Tonga 5.19 % change on previous year compare
- 50 Turks and Caicos Islands 5.11 % 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)
- Services, value added (current US$), annual growth rate -0.1907 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4196 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,222 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 7.13 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 1.62 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 4,709 current LCU per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4174 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 1,216 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Papua New Guinea?
- Services, value added (constant 2015 us$), annual growth rate in Papua New Guinea was 5.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 13.38 % change on previous year in 2007.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -2.28 % change on previous year in 2015.
- How does Papua New Guinea rank for services, value added (constant 2015 us$), annual growth rate?
- Papua New Guinea ranks 47th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 473.3%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, 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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.