Services, value added (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Services, value added (current LCU), per unit of GDP was 1.62 current LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (current LCU), per unit of GDP in Papua New Guinea, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Papua New Guinea recorded 1.62 current LCU per US$ of GDP for services, value added (current lcu), per unit of gdp in 2024. That is the highest value across all 19 years on record.
The figure is up 7.2% on the previous year and up 47.7% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Papua New Guinea peaked at 1.62 current LCU per US$ of GDP in 2024 and was at its lowest, 1.03 current LCU per US$ of GDP, in 2012.
That places Papua New Guinea 135th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Services, value added (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 1.26 current LCU per US$ of GDP | — |
| 2007 | 1.26 current LCU per US$ of GDP | +0.1% |
| 2008 | 1.14 current LCU per US$ of GDP | -9.3% |
| 2009 | 1.25 current LCU per US$ of GDP | +9.2% |
| 2010 | 1.2 current LCU per US$ of GDP | -3.7% |
| 2011 | 1.11 current LCU per US$ of GDP | -7.1% |
| 2012 | 1.03 current LCU per US$ of GDP | -7.3% |
| 2013 | 1.13 current LCU per US$ of GDP | +9.7% |
| 2014 | 1.09 current LCU per US$ of GDP | -3.4% |
| 2015 | 1.2 current LCU per US$ of GDP | +9.5% |
| 2016 | 1.36 current LCU per US$ of GDP | +13.6% |
| 2017 | 1.32 current LCU per US$ of GDP | -2.7% |
| 2018 | 1.37 current LCU per US$ of GDP | +3.6% |
| 2019 | 1.42 current LCU per US$ of GDP | +3.3% |
| 2020 | 1.52 current LCU per US$ of GDP | +7.5% |
| 2021 | 1.49 current LCU per US$ of GDP | -1.9% |
| 2022 | 1.37 current LCU per US$ of GDP | -8.3% |
| 2023 | 1.51 current LCU per US$ of GDP | +10.0% |
| 2024 | 1.62 current LCU per US$ of GDP | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.23 current LCU per US$ of GDP | 1.14 current LCU per US$ of GDP | 1.26 current LCU per US$ of GDP | 4 |
| 2010s | 1.22 current LCU per US$ of GDP | 1.03 current LCU per US$ of GDP | 1.42 current LCU per US$ of GDP | 10 |
| 2020s | 1.5 current LCU per US$ of GDP | 1.37 current LCU per US$ of GDP | 1.62 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 132 Grenada 1.75 current LCU per US$ of GDP compare
- 133 Georgia 1.75 current LCU per US$ of GDP compare
- 134 Qatar 1.71 current LCU per US$ of GDP compare
- 136 Sint Maarten (Dutch part) 1.6 current LCU per US$ of GDP compare
- 137 Dominica 1.54 current LCU per US$ of GDP compare
- 138 Belarus 1.53 current 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)
- 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 capita 4,709 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), 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 (current lcu), per unit of gdp in Papua New Guinea?
- Services, value added (current lcu), per unit of gdp in Papua New Guinea was 1.62 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 1.62 current LCU per US$ of GDP in 2024.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 1.03 current LCU per US$ of GDP in 2012.
- How does Papua New Guinea rank for services, value added (current lcu), per unit of gdp?
- Papua New Guinea ranks 135th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 47.7%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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 (current 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.