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Papua New Guinea - Gross domestic product in current prices

20.77 (billion US dollars) in 2018

GDP of Papua New Guinea rose by 4.77% from 19.82 billion US dollars in 2017 to 20.77 billion US dollars in 2018. Since the 8.28% slump in 2016, GDP leapt by 9.70% in 2018.

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What is GDP?

GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

What is Papua New Guinea GDP?

Date Value Change, %
2018 20.77 4.77%
2017 19.82 4.71%
2016 18.93 -8.28%
2015 20.64 -10.50%
2014 23.06 8.46%
2013 21.26 -0.16%
2012 21.30 18.40%
2011 17.99 26.20%
2010 14.25 22.65%
2009 11.62 -0.45%
2008 11.67 22.27%
2007 9.55

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