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Papua New Guinea GDP Growth Rate 1960-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Papua New Guinea gdp growth rate for 2022 was 5.17%, a 5.95% increase from 2021.
  • Papua New Guinea gdp growth rate for 2021 was -0.78%, a 2.39% increase from 2020.
  • Papua New Guinea gdp growth rate for 2020 was -3.17%, a 7.65% decline from 2019.
  • Papua New Guinea gdp growth rate for 2019 was 4.48%, a 4.76% increase from 2018.
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JavaScript chart by amCharts 3.21.13-5051015 GDP Growth (%)
JavaScript chart by amCharts 3.21.131960196519701975198019851990199520002005201020152020-15-10-50510 Annual Change
JavaScript chart by amCharts 3.21.131960196519701975198019851990199520002005201020152020
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Cabo Verde 17.12%
Georgia 10.39%
Vietnam 8.02%
Philippines 7.57%
India 7.24%
Bangladesh 7.10%
Egypt 6.59%
Mauritania 6.38%
Kyrgyz Republic 6.33%
Uzbekistan 5.67%
Indonesia 5.31%
Zambia 5.25%
Cambodia 5.24%
Kosovo 5.22%
Papua New Guinea 5.17%
Mongolia 5.03%
Kenya 4.85%
Pakistan 4.71%
Myanmar 4.04%
Honduras 4.00%
West Bank and Gaza 3.93%
Nicaragua 3.75%
Bolivia 3.61%
Cameroon 3.58%
Nigeria 3.25%
Djibouti 3.12%
Ghana 3.08%
Angola 3.05%
Lao PDR 2.71%
El Salvador 2.60%
Tunisia 2.44%
Vanuatu 1.85%
Kiribati 1.56%
Republic of Congo 1.48%
Morocco 1.26%
Lesotho 1.11%
Eswatini 0.48%
Sao Tome and Principe 0.07%
Bhutan 0.00%
Micronesia -0.83%
Sudan -0.95%
Solomon Islands -4.06%
Moldova -5.02%
Sri Lanka -7.82%
Timor-Leste -20.54%
Ukraine -29.10%
Papua New Guinea GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 5.17% 5.95%
2021 -0.78% 2.39%
2020 -3.17% -7.65%
2019 4.48% 4.76%
2018 -0.28% -3.81%
2017 3.53% -1.96%
2016 5.49% -1.09%
2015 6.58% -6.97%
2014 13.54% 9.72%
2013 3.82% -0.83%
2012 4.66% 3.55%
2011 1.11% -9.02%
2010 10.13% 3.33%
2009 6.80% 7.10%
2008 -0.30% -8.11%
2007 7.82% 2.41%
2006 5.41% -0.93%
2005 6.34% 3.62%
2004 2.72% 0.56%
2003 2.16% 2.32%
2002 -0.16% -0.04%
2001 -0.12% 2.37%
2000 -2.49% -4.35%
1999 1.86% 5.62%
1998 -3.77% 0.14%
1997 -3.90% -11.64%
1996 7.73% 11.05%
1995 -3.31% -9.25%
1994 5.94% -12.26%
1993 18.20% 4.35%
1992 13.85% 4.30%
1991 9.55% 12.56%
1990 -3.01% -1.59%
1989 -1.42% -4.33%
1988 2.91% 0.14%
1987 2.77% -1.92%
1986 4.69% 0.69%
1985 4.00% 4.35%
1984 -0.35% -3.58%
1983 3.22% 2.87%
1982 0.35% 0.63%
1981 -0.27% 2.03%
1980 -2.30% -4.14%
1979 1.83% -6.72%
1978 8.55% 7.72%
1977 0.83% 4.22%
1976 -3.39% -2.51%
1975 -0.88% -3.49%
1974 2.61% -3.92%
1973 6.53% 0.89%
1972 5.64% -0.65%
1971 6.30% -4.55%
1970 10.84% 2.57%
1969 8.27% 3.91%
1968 4.36% 0.29%
1967 4.07% -1.74%
1966 5.81% -4.45%
1965 10.27% 1.70%
1964 8.57% 4.50%
1963 4.07% -2.30%
1962 6.37% 0.19%
1961 6.18% 6.18%
1960 0.00% 6.18%