Papua New Guinea has the 172nd largest economy in the world . The gross domestic product (GDP) of Papua New Guinea is $16.93 (USD Billion) and its growth was 8.53% from 2013 to 2014. Its highest GDP was recorded in 2014 and its average GDP in the last 10 years is $10.92 (USD Billion).
Papua New Guinea GDP per capita is $2,268.17 (USD). However, when factoring in purchase power parity (PPP), it becomes $2,865.18 (USD), making it the 169th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $2,208.71 (USD).
GDP Of Papua New Guinea Per Year
Papua New Guinea's GDP & Other Economic Statistics
|Papua New Guinea GDP||Current||Previous||Highest||Unit|
|GNI per capita, PPP||2,800.00||2,540.00||2,800.00||International $|
|GNI, PPP||20.88||18.57||20.88||International $ Billion|
|GDP per capita, PPP||2,865.18||2,652.21||2,865.18||International $|
|GDP per capita growth||6.28||3.31||8.24||%|
|GDP per capita||2,268.17||2,108.83||2,268.17||USD|
What is Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Papua New Guinea – current values and historical information. The information was last updated 2016.
GDP Of Papua New Guinea vs. Other Countries
|Rank||Country||GDP (USD Billion), 2005|
|177||Papua New Guinea||5.53|