Papua New Guinea - Gross domestic product in constant LCU prices of 2015

69,145,678,283 (LCU) in 2022

In 2022, real GDP for Papua New Guinea was 69,145 million LCU. Real GDP of Papua New Guinea increased from 17,292 million LCU in 1973 to 69,145 million LCU in 2022 growing at an average annual rate of 2.98%.

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What is real GDP?

Expenditure-based gross domestic product is total final expenditure at purchasers’ prices (including final consumption expenditure, gross fixed capital formation, changes in inventories, valuables and f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

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What is Papua New Guinea real GDP?