The Gross Domestic Product (GDP) in Papua New Guinea was worth 24.97 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Papua New Guinea represents 0.02 percent of the world economy.

GDP in Papua New Guinea averaged 6.06 USD Billion from 1960 until 2019, reaching an all time high of 24.97 USD Billion in 2019 and a record low of 0.23 USD Billion in 1960. This page provides the latest reported value for - Papua New Guinea GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Papua New Guinea GDP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP in Papua New Guinea is expected to reach 23.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea GDP is projected to trend around 26.00 USD Billion in 2021 and 30.31 USD Billion in 2022, according to our econometric models.

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Papua New Guinea GDP

Actual Previous Highest Lowest Dates Unit Frequency
24.97 23.41 24.97 0.23 1960 - 2019 USD Billion Yearly
Current USD

Papua New Guinea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.00 -1.80 13.50 -6.34 percent [+]
GDP 24.97 23.41 24.97 0.23 USD Billion [+]
GDP per capita 2505.10 2418.50 2505.10 1012.40 USD [+]
GDP per capita PPP 4387.60 4235.90 4387.60 2440.10 USD [+]


Papua New Guinea GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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