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Papua New Guinea - Gross domestic product in current prices

23.62 (billion US dollars) in 2017

In 2017, GDP for Papua New Guinea was 23.62 billion us dollars. GDP of Papua New Guinea increased from 5.66 billion US dollars in 1998 to 23.62 billion US dollars in 2017 growing at an average annual rate of 8.39 %.

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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.

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Date Value Change, %
2017 23.62 4.65 %
2016 22.57 -1.72 %
2015 22.96 -0.18 %
2014 23.00 8.20 %
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 14.92 %
2006 8.31