The Gross Domestic Product (GDP) in Papua New Guinea was worth 23.43 billion US dollars in 2018. The GDP value of Papua New Guinea represents 0.04 percent of the world economy. GDP in Papua New Guinea averaged 5.74 USD Billion from 1960 until 2018, reaching an all time high of 23.43 USD Billion in 2018 and a record low of 0.23 USD Billion in 1960.

GDP in Papua New Guinea is expected to be 24.00 USD Billion by the end of this quarter, 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 2020, according to our econometric models.

Papua New Guinea GDP
Forecast Data Chart
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Papua New Guinea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.30 3.00 12.50 -6.34 percent [+]
GDP 23.43 22.28 23.43 0.23 USD Billion [+]
GDP per capita 2400.20 2437.70 2448.70 1012.40 USD [+]
GDP per capita PPP 3821.00 3880.70 3898.20 2217.80 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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
23.43 22.28 23.43 0.23 1960 - 2018 USD Billion Yearly
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