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Papua New Guinea

Economy overviewOceania

GDP3.8%
Inflation0.6%
Unemploy.2.6%
Debt53.3%
Invest.
Fiscal-3.3% GDP
GDP Growth
3.8%
2024 · World Bank WDI
GDP per capita
$3k
▶ CHART
GDP (PPP) per capita
$5k
▶ CHART
GDP 5Y avg growth
1.9%
▶ CHART
Nominal GDP
$31.8bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
3.8%
2023
3.8%
2022
5.7%
2021
-0.5%
2020
-3.2%
2019
4.5%
2018
-0.3%
2017
3.5%
2016
5.5%
2015
6.6%
2014

Compare with peers

🇦🇺
Australia
GDP: 1.4%
🇳🇿
New Zealand
GDP: 1.3%
🇫🇯
Fiji
GDP: 3.5%
🇸🇧
Solomon Islands
GDP: 3%
🇻🇺
Vanuatu
GDP: 0.9%
🇼🇸
Samoa
GDP: 4.7%