Papua New Guinea — GDP
GDP (Nominal) for Papua New Guinea, 1960–2025.
Latest value · 2025
32.50 billion
GDP (Nominal) · current US$ · +13999.4% since 1960
GDP for Papua New Guinea was 32.50 billion in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 230.50 million in 1960 (about 141.0× the low point). Across that span the compound annual growth rate works out to 7.91% per year.
Papua New Guinea ranks 112 of 212 economies on this measure (1 = highest), putting it in the top 53%. The median for East Asia & Pacific is 18.30 billion, so Papua New Guinea sits above it. Over the last decade (2015–2025) the figure moved up 50%.
Key figures
Latest (2025)
32.50 billion
First (1960)
230.50 million
Change
+13999.4%
Highest
32.50 billion
in 2025
Lowest
230.50 million
in 1960
Average
8.18 billion
Annual growth (CAGR)
7.91%
Years of data
66
Recent years
| Year | current US$ |
|---|---|
| 2025 | 32,498,658,653.84 |
| 2024 | 30,803,971,189.41 |
| 2023 | 30,816,328,065.65 |
| 2022 | 31,653,230,962.45 |
| 2021 | 26,113,409,477.73 |
| 2020 | 23,848,447,849.61 |
| 2019 | 24,750,626,029.88 |
| 2018 | 24,109,780,708.03 |
| 2017 | 22,742,699,138.36 |
| 2016 | 20,758,876,952.62 |
| 2015 | 21,723,437,010.1 |
| 2014 | 23,210,823,987.31 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.