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 (2015–2024)
+4.10%annual growth
Chart data: 2015: 21,723,437,010.098 USD, 2016: 20,758,876,952.623 USD, 2017: 22,742,699,138.356 USD, 2018: 24,109,780,708.027 USD, 2019: 24,750,626,029.878 USD, 2020: 23,848,447,849.608 USD, 2021: 26,109,413,521.312 USD, 2022: 31,653,185,952.609 USD, 2023: 30,816,367,066.959 USD, 2024: 32,538,480,024 USD
Demographics
10.6M
Population
+1.80%annual growth
Labor Market
2.74%
Unemployment Rate
+0.08ppannual change
Verified: Nov 2025
Economics
+0.60%
Inflation Rate
-1.70ppannual change
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.
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