Value Added Deflator (Manufacturing) — Value Standard Local Currency in Papua New Guinea
Papua New Guinea: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 159.48 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Papua New Guinea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Papua New Guinea stood at 159.48 SLC. That is the highest value across all 54 years on record.
That represents a change of up 4.0% on the previous year and up 69.5% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Papua New Guinea peaked at 159.48 SLC in 2023 and was at its lowest, 4.28 SLC, in 1970.
That places Papua New Guinea 50th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Papua New Guinea, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 4.28 SLC | — |
| 1971 | 4.63 SLC | +8.3% |
| 1972 | 4.81 SLC | +3.9% |
| 1973 | 5.71 SLC | +18.6% |
| 1974 | 7.39 SLC | +29.5% |
| 1975 | 9.26 SLC | +25.3% |
| 1976 | 11.7 SLC | +26.3% |
| 1977 | 11.63 SLC | -0.6% |
| 1978 | 13.99 SLC | +20.3% |
| 1979 | 15.79 SLC | +12.8% |
| 1980 | 18.47 SLC | +17.0% |
| 1981 | 18.62 SLC | +0.8% |
| 1982 | 19.69 SLC | +5.7% |
| 1983 | 20.48 SLC | +4.0% |
| 1984 | 22.09 SLC | +7.9% |
| 1985 | 22.5 SLC | +1.8% |
| 1986 | 24.25 SLC | +7.8% |
| 1987 | 25.23 SLC | +4.0% |
| 1988 | 26.58 SLC | +5.4% |
| 1989 | 28.07 SLC | +5.6% |
| 1990 | 29.75 SLC | +6.0% |
| 1991 | 32.14 SLC | +8.0% |
| 1992 | 33.65 SLC | +4.7% |
| 1993 | 34.49 SLC | +2.5% |
| 1994 | 35.01 SLC | +1.5% |
| 1995 | 38.04 SLC | +8.7% |
| 1996 | 40.26 SLC | +5.8% |
| 1997 | 41.11 SLC | +2.1% |
| 1998 | 44.34 SLC | +7.9% |
| 1999 | 48.33 SLC | +9.0% |
| 2000 | 52.1 SLC | +7.8% |
| 2001 | 54.53 SLC | +4.6% |
| 2002 | 57.74 SLC | +5.9% |
| 2003 | 61.99 SLC | +7.4% |
| 2004 | 62.67 SLC | +1.1% |
| 2005 | 63.27 SLC | +1.0% |
| 2006 | 63.9 SLC | +1.0% |
| 2007 | 64.47 SLC | +0.9% |
| 2008 | 71.41 SLC | +10.8% |
| 2009 | 76.35 SLC | +6.9% |
| 2010 | 80.9 SLC | +6.0% |
| 2011 | 87.46 SLC | +8.1% |
| 2012 | 89.91 SLC | +2.8% |
| 2013 | 94.09 SLC | +4.6% |
| 2014 | 99.07 SLC | +5.3% |
| 2015 | 100 SLC | +0.9% |
| 2016 | 113.28 SLC | +13.3% |
| 2017 | 122.69 SLC | +8.3% |
| 2018 | 127.69 SLC | +4.1% |
| 2019 | 132.99 SLC | +4.2% |
| 2020 | 139.37 SLC | +4.8% |
| 2021 | 145.64 SLC | +4.5% |
| 2022 | 153.34 SLC | +5.3% |
| 2023 | 159.48 SLC | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.92 SLC | 4.28 SLC | 15.79 SLC | 10 |
| 1980s | 22.6 SLC | 18.47 SLC | 28.07 SLC | 10 |
| 1990s | 37.71 SLC | 29.75 SLC | 48.33 SLC | 10 |
| 2000s | 62.84 SLC | 52.1 SLC | 76.35 SLC | 10 |
| 2010s | 104.81 SLC | 80.9 SLC | 132.99 SLC | 10 |
| 2020s | 149.46 SLC | 139.37 SLC | 159.48 SLC | 4 |
Countries ranked near Papua New Guinea
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)
- Gross capital formation (current US$), annual growth rate 11.49 % change on previous year (2004)
- Gross capital formation (current US$), per unit of GDP 0.2 current US$ per US$ of GDP (2004)
- Gross capital formation (current US$), per capita 124.13 current US$ per person (2004)
- Gross capital formation (current LCU), annual growth rate 1.08 % change on previous year (2004)
- Gross capital formation (current LCU), per unit of GDP 0.6444 current LCU per US$ of GDP (2004)
- Gross capital formation (current LCU), per capita 399.9 current LCU per person (2004)
- Imports of goods and services (current US$), annual growth rate 21.1 % change on previous year (2004)
- Imports of goods and services (current US$), per unit of GDP 0.5892 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Papua New Guinea?
- Value added deflator (manufacturing) — value standard local currency in Papua New Guinea was 159.48 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Papua New Guinea?
- The highest recorded value was 159.48 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Papua New Guinea?
- The lowest recorded value was 4.28 SLC in 1970.
- How does Papua New Guinea rank for value added deflator (manufacturing) — value standard local currency?
- Papua New Guinea ranks 50th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Papua New Guinea?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).