East Asia & Pacific

🇵🇬 Papua New Guinea

Real-time economic and demographic statistics for Papua New Guinea

GDP

#113

of 214

Population

#93

of 217

GDP per Capita

#163

of 214

GDP Growth

#61

of 214

Share of World

0.03%

of world GDP

Income Level

Lower middle income

Papua New Guinea GDP
+4.10%annual growth

Data year: 2024

Verified: Nov 2025

Papua New Guinea GDP (2015–2024)

+4.10%annual growth

Demographics
10.6M

Population

+1.80%annual growth

Data year: 2024

Verified: Nov 2025

Economics
$3,076

GDP per Capita

+3.72%annual growth

Data year: 2024

Verified: Nov 2025

Economics
+4.10%

GDP Growth Rate

+0.28ppannual change

Data year: 2024

Verified: Nov 2025

Labor Market
2.74%

Unemployment Rate

+0.08ppannual change
Economics
+0.60%

Inflation Rate

-1.70ppannual change

Data year: 2024

Verified: Nov 2025

Frequently Asked Questions

What is Papua New Guinea's GDP?
Papua New Guinea's GDP is approximately $32.5 billion (2024, representing 0.0% of world GDP), making it the #113 largest economy out of 214 countries. Data sourced from the World Bank.
What is Papua New Guinea's population?
Papua New Guinea has a population of approximately 10.6M — the #93 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
What is Papua New Guinea's GDP per capita?
Papua New Guinea's GDP per capita is approximately $3,076, ranking #163 globally. This metric reflects average economic output per person and is a key indicator of living standards.
How fast is Papua New Guinea's economy growing?
Papua New Guinea's economy is currently growing at approximately 4.1% per year, ranking #61 globally by GDP growth rate. Data sourced from the World Bank.
What region is Papua New Guinea in?
Papua New Guinea is located in the East Asia & Pacific region and is classified as a lower middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.