Total value added in current prices

30,435,827,382 (US dollars) in 2022

In 2022, total value added for Papua New Guinea was 30,435 million US dollars. Total value added of Papua New Guinea increased from 2,602 million US dollars in 1973 to 30,435 million US dollars in 2022 growing at an average annual rate of 5.75%.

The description is composed by our digital data assistant.

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.

Date Value Change, %
2022 30,435,827,382 21.86%
2021 24,975,243,267 9.28%
2020 22,854,796,212 -3.33%
2019 23,642,714,493 2.19%
2018 23,137,091,521 6.52%
2017 21,721,901,164 8.97%
2016 19,934,118,356 -3.96%
2015 20,755,197,945 -5.83%
2014 22,039,207,253 7.64%
2013 20,474,568,623 -0.31%
2012 20,539,039,535 17.06%
2011 17,546,161,981