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Economic indicators of Papua New Guinea : Growth

Main Indicators

Main Indicators 201920202021 (e)2022 (e)2023 (e)
GDP (billions USD) 24.83e23.28e26.4628.3130.01
GDP (Constant Prices, Annual % Change) 5.9e-3.9e1.24.03.4
GDP per Capita (USD) 2,887e2,651e2,9523,0943,212
General Government Gross Debt (in % of GDP) 40.040e48.875e45.48249.08550.078
Inflation Rate (%) 3.7e4.9e4.56.45.4
Current Account (billions USD) 5.003.08e5.865.985.69
Current Account (in % of GDP) 20.113.2e22.221.119.0

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
 
 
Monetary Indicators 20162017201820192020
New Guinean Kina (PGK) - Average Annual Exchange Rate For 1 EUR 3.333.603.873.823.95

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