Services, value added (constant LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Services, value added (constant LCU), per unit of GDP was 1.05 constant LCU per US$ of GDP in 2024. ▼ Falling
Services, value added (constant LCU), per unit of GDP in Papua New Guinea, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Papua New Guinea recorded 1.05 constant LCU per US$ of GDP for services, value added (constant lcu), per unit of gdp in 2024.
The figure is up 5.3% on the previous year and up 0.7% over ten years.
Over the whole period, services, value added (constant lcu), per unit of gdp in Papua New Guinea peaked at 1.8 constant LCU per US$ of GDP in 2006 and was at its lowest, 0.9289 constant LCU per US$ of GDP, in 2022.
That places Papua New Guinea 129th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Services, value added (constant LCU), per unit of GDP in Papua New Guinea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 1.8 constant LCU per US$ of GDP | — |
| 2007 | 1.79 constant LCU per US$ of GDP | -0.8% |
| 2008 | 1.48 constant LCU per US$ of GDP | -17.0% |
| 2009 | 1.53 constant LCU per US$ of GDP | +3.0% |
| 2010 | 1.4 constant LCU per US$ of GDP | -8.3% |
| 2011 | 1.21 constant LCU per US$ of GDP | -13.4% |
| 2012 | 1.09 constant LCU per US$ of GDP | -10.5% |
| 2013 | 1.13 constant LCU per US$ of GDP | +4.4% |
| 2014 | 1.05 constant LCU per US$ of GDP | -7.6% |
| 2015 | 1.09 constant LCU per US$ of GDP | +4.4% |
| 2016 | 1.17 constant LCU per US$ of GDP | +7.0% |
| 2017 | 1.08 constant LCU per US$ of GDP | -7.5% |
| 2018 | 1.07 constant LCU per US$ of GDP | -0.9% |
| 2019 | 1.07 constant LCU per US$ of GDP | -0.2% |
| 2020 | 1.11 constant LCU per US$ of GDP | +3.6% |
| 2021 | 1.06 constant LCU per US$ of GDP | -4.6% |
| 2022 | 0.9289 constant LCU per US$ of GDP | -12.3% |
| 2023 | 1 constant LCU per US$ of GDP | +7.9% |
| 2024 | 1.05 constant LCU per US$ of GDP | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.65 constant LCU per US$ of GDP | 1.48 constant LCU per US$ of GDP | 1.8 constant LCU per US$ of GDP | 4 |
| 2010s | 1.14 constant LCU per US$ of GDP | 1.05 constant LCU per US$ of GDP | 1.4 constant LCU per US$ of GDP | 10 |
| 2020s | 1.03 constant LCU per US$ of GDP | 0.9289 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 126 Aruba 1.15 constant LCU per US$ of GDP compare
- 127 Belarus 1.07 constant LCU per US$ of GDP compare
- 128 Tunisia 1.06 constant LCU per US$ of GDP compare
- 130 Türkiye 1.04 constant LCU per US$ of GDP compare
- 131 Belize 1.03 constant LCU per US$ of GDP compare
- 132 Australia 1 constant LCU per US$ of GDP 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)
- Exports of goods and services (current LCU), annual growth rate 4.66 % change on previous year (2004)
- Exports of goods and services (current LCU), per unit of GDP 2.32 current LCU per US$ of GDP (2004)
- Exports of goods and services (current LCU), per capita 1,443 current LCU per person (2004)
- Gross fixed capital formation (current US$), annual growth rate 10.94 % change on previous year (2004)
- Gross fixed capital formation (current US$), per unit of GDP 0.1813 current US$ per US$ of GDP (2004)
- Gross fixed capital formation (current US$), per capita 112.54 current US$ per person (2004)
- Gross fixed capital formation (current LCU), per unit of GDP 0.5842 current LCU per US$ of GDP (2004)
- Gross fixed capital formation (current LCU), per capita 362.56 current LCU per person (2004)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Papua New Guinea?
- Services, value added (constant lcu), per unit of gdp in Papua New Guinea was 1.05 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 1.8 constant LCU per US$ of GDP in 2006.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.9289 constant LCU per US$ of GDP in 2022.
- How does Papua New Guinea rank for services, value added (constant lcu), per unit of gdp?
- Papua New Guinea ranks 129th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.