Papua New Guinea:
Economic indicators of Papua New Guinea : Growth
Main Indicators
| Main Indicators | 2019 | 2020 | 2021 (e) | 2022 (e) | 2023 (e) |
| GDP (billions USD) | 24.83e | 23.28e | 26.46 | 28.31 | 30.01 |
| GDP (Constant Prices, Annual % Change) | 5.9e | -3.9e | 1.2 | 4.0 | 3.4 |
| GDP per Capita (USD) | 2,887e | 2,651e | 2,952 | 3,094 | 3,212 |
| General Government Gross Debt (in % of GDP) | 40.040e | 48.875e | 45.482 | 49.085 | 50.078 |
| Inflation Rate (%) | 3.7e | 4.9e | 4.5 | 6.4 | 5.4 |
| Current Account (billions USD) | 5.00 | 3.08e | 5.86 | 5.98 | 5.69 |
| Current Account (in % of GDP) | 20.1 | 13.2e | 22.2 | 21.1 | 19.0 |
Source: IMF – World Economic Outlook Database - Latest available data.
Note: (e) Estimated Data
| Monetary Indicators | 2016 | 2017 | 2018 | 2019 | 2020 |
| New Guinean Kina (PGK) - Average Annual Exchange Rate For 1 EUR | 3.33 | 3.60 | 3.87 | 3.82 | 3.95 |
Source: World Bank - Latest available data.
Main Sectors of Industry
| Breakdown of Economic Activity By Sector | Agriculture | Industry | Services |
| Employment By Sector (in % of Total Employment) | 56.2 | 13.2 | 30.6 |
| Value Added (in % of GDP) | 17.0 | 36.9 | 41.6 |
| Value Added (Annual % Change) | 4.6 | -7.5 | 5.1 |
Source: World Bank - Latest available data.
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Latest Update: June 2022