Services, value added (current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Services, value added (current US$), annual growth rate was -0.1907 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Papua New Guinea, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded -0.1907 % change on previous year for services, value added (current us$), annual growth rate in 2024.
Compared with earlier readings it is down 103.8% on the previous year and up 95.1% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Papua New Guinea peaked at 34.44 % change on previous year in 2011 and was at its lowest, -8.92 % change on previous year, in 2015.
That places Papua New Guinea 193rd out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 17.87 % change on previous year | — |
| 2008 | 21.76 % change on previous year | +21.8% |
| 2009 | 6.56 % change on previous year | -69.8% |
| 2010 | 19.61 % change on previous year | +198.8% |
| 2011 | 34.44 % change on previous year | +75.6% |
| 2012 | 24.9 % change on previous year | -27.7% |
| 2013 | 1.65 % change on previous year | -93.4% |
| 2014 | -3.85 % change on previous year | -334.0% |
| 2015 | -8.92 % change on previous year | +131.5% |
| 2016 | -4.11 % change on previous year | -53.9% |
| 2017 | 4.69 % change on previous year | -214.2% |
| 2018 | 6.38 % change on previous year | +36.0% |
| 2019 | 3.12 % change on previous year | -51.1% |
| 2020 | 1.41 % change on previous year | -54.9% |
| 2021 | 5.94 % change on previous year | +321.6% |
| 2022 | 10.85 % change on previous year | +82.4% |
| 2023 | 5.03 % change on previous year | -53.6% |
| 2024 | -0.1907 % change on previous year | -103.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -0.1907 % change on previous year is below the median for lower middle income countries, which is 10.75 % change on previous year. (47 countries reporting)
- Papua New Guinea's -0.1907 % change on previous year is below the median for East Asia & Pacific, which is 6.62 % change on previous year. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.4 % change on previous year | 6.56 % change on previous year | 21.76 % change on previous year | 3 |
| 2010s | 7.79 % change on previous year | -8.92 % change on previous year | 34.44 % change on previous year | 10 |
| 2020s | 4.61 % change on previous year | -0.1907 % change on previous year | 10.85 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 190 Mexico 0.5468 % change on previous year compare
- 191 Trinidad and Tobago 0.429 % change on previous year compare
- 192 Mozambique 0.4244 % change on previous year compare
- 194 South Korea -0.6343 % change on previous year compare
- 195 Japan -3.58 % change on previous year compare
- 196 Libya -5.8 % 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Papua New Guinea?
- Services, value added (current us$), annual growth rate in Papua New Guinea was -0.1907 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 34.44 % change on previous year in 2011.
- What is the lowest services, value added (current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -8.92 % change on previous year in 2015.
- How does Papua New Guinea rank for services, value added (current us$), annual growth rate?
- Papua New Guinea ranks 193rd out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 95.1%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.