Papua New Guinea GDP: $27 Billion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Papua New Guinea GDP Forecast: $27 Billion in 2024, $28.1 Billion projected for 2025 (Constant 2015 Prices).

GDP in Papua New Guinea is estimated to be $27 Billion US dollars at the end of 2024 in Real GDP terms.

Looking ahead to 2025, projections suggest Papua New Guinea's 2025 GDP estimate could be $28.1 Billion. This Papua New Guinea GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 3.7%.

The economy of Papua New Guinea has grown at an average annual growth rate of 6.7% in the last four years and is ranked the 41th largest economy in Asia-Pacific, ahead of Kyrgyzstan.

See the full Papua New Guinea data sheet covering Economics, Demographics and ESG

Real GDP (US$): Papua New Guinea


Source: World Bank, World Economics
Notes: 2015 Constant Prices
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Economic Indicators: Papua New Guinea 2021 2022 2023 2024
Real GDP (US$ Billions, 2010) 24 25 26 27
Real GDP per Capita (US$, 2010) 2,378 2,467 2,497 2,590
Current GDP (Billions, US$) 26 32 31 32
Current GDP per Capita (US$) 2,608 3,102 2,958 3,069
Real GDP PPP (Billions, 2017) 40 42 43 45
Real GDP per Capita PPP (int$ 2017) 4,012 4,088 4,215 4,237
GDP Annual Growth Rate (%) -0.5 5.7 3.0 4.6
GDP per Capita Annual Growth Rate (%) -2.5 3.7 1.2 3.8
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