Papua New Guinea GDP

LATEST ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP INT$ ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY

Papua New Guinea GDP is estimated to be $65 billion dollars by World Economics for 2023 - 50% larger than official estimates.

The official estimate for Papua New Guinea's GDP published by the World Bank was $43 billion at the end of 2023 in puchasing power partity terms.

World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. World Economics estimates Papua New Guinea's GDP to be $65 billion - 50% larger than official estimates.

Papua New Guinea's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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GDP PPP Estimates: All Countries 2023 Estimate
Billions, Int$		 2024 Estimate
Billions, Int$		 World Economics
Data Quality Rating
(A-E)



China $39,096.66 $40,973.30 C
United States $26,148.93 $26,881.10 A
India $20,494.19 $21,928.78 C
Russia $8,021.81 $8,310.59 C
Japan $6,286.68 $6,305.54 A
Germany $5,820.15 $5,820.15 A
Indonesia $5,579.94 $5,858.93 C
Brazil $5,294.97 $5,453.82 B
France $4,270.65 $4,317.62 A
United Kingdom $4,082.61 $4,127.52 A
Mexico $3,925.07 $3,983.95 C
Türkiye $3,879.22 $3,995.60 B
Italy $3,836.79 $3,863.65 A
Korea, Rep. $3,217.59 $3,298.03 A
Egypt $2,918.88 $2,997.69 D
Spain $2,734.44 $2,813.74 A
Saudi Arabia $2,657.05 $2,696.91 C
Canada $2,477.78 $2,509.99 A
Nigeria $2,418.76 $2,488.90 E
Thailand $2,222.56 $2,284.79 D
Bangladesh $2,012.66 $2,121.34 E
Poland $1,978.43 $2,037.78 B
Pakistan $1,968.70 $2,015.95 D
Vietnam $1,910.27 $2,026.80 E
Argentina $1,774.06 $1,711.97 C
Australia $1,728.93 $1,749.67 A
Philippines $1,628.96 $1,723.44 C
Malaysia $1,595.98 $1,672.59 B
Taiwan $1,572.87 $1,631.06 A
Netherlands $1,366.50 $1,374.70 A
Colombia $1,311.45 $1,332.44 B
South Africa $1,279.15 $1,293.23 B
Romania $962.83 $981.13 B
Kazakhstan $935.20 $967.93 D
Belgium $897.86 $907.73 A
Ukraine $877.81 $904.15 C
United Arab Emirates $873.38 $908.32 B
Singapore $813.62 $834.78 A
Switzerland $789.92 $800.19 A
Peru $785.08 $808.64 D
Sweden $770.22 $777.15 A
Algeria $721.38 $748.79 C
Chile $697.43 $714.87 A
Ireland $690.59 $689.21 A
Austria $644.25 $640.38 A
Czechia $594.27 $600.81 A
Israel $572.88 $576.89 A
Norway $565.59 $574.08 A
Hong Kong $554.53 $572.28 A
Ethiopia $550.14 $583.70 E
Portugal $531.62 $541.72 A
Angola $504.01 $516.10 E
Denmark $493.90 $503.28 A
Hungary $481.09 $488.30 B
Greece $479.24 $490.26 B
Kenya $472.69 $496.32 D
Myanmar $471.66 $476.37 D
Morocco $444.55 $457.00 C
Uzbekistan $409.18 $432.09 D
Sri Lanka $408.29 $414.42 C
Qatar $385.31 $391.09 B
Tanzania $378.76 $399.21 D
Ecuador $371.00 $372.12 D
Finland $369.98 $369.24 A
Ghana $362.50 $373.74 C
Belarus $351.99 $364.67 C
Dominican Republic $351.78 $369.72 B
Guatemala $333.04 $344.69 D
Cote d'Ivoire $323.23 $344.24 C
Kuwait $306.92 $298.63 D
Azerbaijan $296.27 $305.75 D
Congo, Dem. Rep $292.14 $305.87 E
New Zealand $283.00 $283.00 A
Bulgaria $274.45 $280.76 B
Sudan $262.22 $208.99 E
Panama $246.86 $253.03 D
Slovak Republic $243.62 $248.98 B
Nepal $240.17 $247.61 E
Oman $237.45 $239.82 B
Serbia $232.89 $241.98 B
Bolivia $213.89 $217.31 E
Uganda $205.21 $217.32 D
Cameroon $204.55 $212.53 D
Croatia $204.42 $211.37 B
Tunisia $199.96 $203.16 D
Libya $178.54 $182.82 E
Costa Rica $170.96 $177.80 B
Afghanistan $170.09 $175.53 E
Paraguay $164.96 $171.22 D
Lithuania $161.73 $165.61 B
Cambodia $150.96 $159.26 E
Uruguay $146.06 $150.73 B
Jordan $136.31 $139.58 B
Turkmenistan $130.32 $133.32 D
Zambia $128.81 $131.77 D
Slovenia $126.67 $128.57 A
Senegal $124.84 $132.33 C
Georgia $122.49 $131.80 B
Bahrain $117.46 $120.99 C
Zimbabwe $113.13 $115.40 E
Honduras $113.04 $117.11 E
Mali $109.11 $113.25 E
El Salvador $107.56 $110.79 C
Guyana $104.04 $149.61 E
Gabon $98.72 $101.78 E
Luxembourg $97.39 $98.65 A
Guinea $95.66 $99.59 E
Laos $92.50 $96.29 E
Madagascar $89.75 $93.79 E
Latvia $89.47 $90.55 B
Burkina Faso $87.80 $92.63 C
Bosnia and Herzegovina $85.01 $87.14 D
Lebanon $84.52 $86.21 D
Armenia $82.40 $87.35 B
Mozambique $80.16 $83.60 D
Benin $78.48 $83.58 C
Nicaragua $78.47 $81.61 D
Mongolia $72.11 $76.07 B
Congo, Rep. $71.59 $73.59 E
Estonia $70.42 $69.78 B
Niger $69.43 $76.31 C
Botswana $67.87 $68.55 C
Albania $65.86 $68.04 C
Papua New Guinea $64.88 $67.87 E
Tajikistan $64.57 $68.96 E
Rwanda $62.15 $66.50 C
Cyprus $60.01 $61.99 A
Yemen, Rep. $59.65 $59.05 E
Chad $57.69 $59.53 E
Kyrgyzstan $57.41 $61.14 D
North Macedonia $56.65 $57.90 B
Haiti $56.42 $54.17 E
Moldova $55.21 $56.64 B
Malawi $51.30 $52.23 C
Mauritania $47.49 $49.58 D
Namibia $44.02 $45.38 C
Jamaica $42.32 $42.87 E
Mauritius $40.91 $43.41 B
Malta $40.27 $42.29 B
Togo $38.06 $40.08 C
Iceland $29.32 $29.50 A
Sierra Leone $26.16 $27.21 D
Eswatini $21.89 $22.89 D
Burundi $20.41 $20.86 E
Bahamas, The $19.86 $20.24 B
Bhutan $18.00 $18.93 E
Suriname $16.43 $16.92 C
Liberia $14.20 $14.93 E
Gambia $13.26 $14.03 D
Central African Republic $10.96 $11.11 E
Lesotho $9.09 $9.35 C
Guinea-Bissau $7.47 $7.84 E
Comoros $4.06 $4.20 D

See: Data for individual countries by using country lists







Note: Data for years shown use end of of year values.

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Data quality rating definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality


Please read our Terms of Service and Disclaimer relating to this data.



ACCESS DATA FOR MORE COUNTRIES

PAPUA NEW GUINEA'S ECONOMICS
PAPUA NEW GUINEA'S DEMOGRAPHY
PAPUA NEW GUINEA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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