Papua New Guinea GDP Growth
GDP Growth Rate
Year -
3.8%
Papua New Guinea Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Papua New Guinea experienced a significant a decrease in its GDP growth rate, which fall to 3.8% from 3.811% in 2023. Additionally, the GDP per capita growth rate in Papua New Guinea increase to 1.966% in 2024, compared to 1.948% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 6.181% | 6.18% | 3.534% | 3.53% |
| 1962 | 6.374% | 0.19% | 3.946% | 0.41% |
| 1963 | 4.073% | -2.30% | 1.766% | -2.18% |
| 1964 | 8.57% | 4.50% | 6.241% | 4.48% |
| 1965 | 10.269% | 1.70% | 7.926% | 1.69% |
| 1966 | 5.814% | -4.46% | 3.501% | -4.43% |
| 1967 | 4.07% | -1.74% | 1.766% | -1.74% |
| 1968 | 4.36% | 0.29% | 2.034% | 0.27% |
| 1969 | 8.273% | 3.91% | 5.79% | 3.76% |
| 1970 | 10.843% | 2.57% | 8.246% | 2.46% |
| 1971 | 6.295% | -4.55% | 3.777% | -4.47% |
| 1972 | 5.644% | -0.65% | 3.151% | -0.63% |
| 1973 | 6.529% | 0.89% | 4.067% | 0.92% |
| 1974 | 2.611% | -3.92% | 0.298% | -3.77% |
| 1975 | -0.88% | -3.49% | -3.068% | -3.37% |
| 1976 | -3.388% | -2.51% | -5.487% | -2.42% |
| 1977 | 0.835% | 4.22% | -1.326% | 4.16% |
| 1978 | 8.55% | 7.72% | 6.259% | 7.59% |
| 1979 | 1.832% | -6.72% | -0.28% | -6.54% |
| 1980 | -2.303% | -4.14% | -4.305% | -4.03% |
| 1981 | -0.275% | 2.03% | -2.318% | 1.99% |
| 1982 | 0.353% | 0.63% | -1.715% | 0.60% |
| 1983 | 3.223% | 2.87% | 1.076% | 2.79% |
| 1984 | -0.355% | -3.58% | -2.449% | -3.53% |
| 1985 | 4% | 4.36% | 1.796% | 4.25% |
| 1986 | 4.693% | 0.69% | 2.459% | 0.66% |
| 1987 | 2.77% | -1.92% | 0.571% | -1.89% |
| 1988 | 2.909% | 0.14% | 0.71% | 0.14% |
| 1989 | -1.42% | -4.33% | -3.606% | -4.32% |
| 1990 | -3.012% | -1.59% | -5.511% | -1.91% |
| 1991 | 9.547% | 12.56% | 6.132% | 11.64% |
| 1992 | 13.849% | 4.30% | 9.891% | 3.76% |
| 1993 | 18.202% | 4.35% | 13.985% | 4.09% |
| 1994 | 5.942% | -12.26% | 2.174% | -11.81% |
| 1995 | -3.312% | -9.25% | -6.728% | -8.90% |
| 1996 | 7.734% | 11.05% | 3.949% | 10.68% |
| 1997 | -3.904% | -11.64% | -7.267% | -11.22% |
| 1998 | -3.769% | 0.14% | -7.094% | 0.17% |
| 1999 | 1.856% | 5.63% | -1.628% | 5.47% |
| 2000 | -2.495% | -4.35% | -5.801% | -4.17% |
| 2001 | -0.121% | 2.37% | -3.458% | 2.34% |
| 2002 | -0.159% | -0.04% | -3.455% | 0.00% |
| 2003 | 2.164% | 2.32% | -1.172% | 2.28% |
| 2004 | 2.721% | 0.56% | -0.591% | 0.58% |
| 2005 | 6.345% | 3.62% | 2.963% | 3.55% |
| 2006 | 5.41% | -0.94% | 2.101% | -0.86% |
| 2007 | 7.815% | 2.41% | 4.477% | 2.38% |
| 2008 | -0.296% | -8.11% | -3.345% | -7.82% |
| 2009 | 6.8% | 7.10% | 3.578% | 6.92% |
| 2010 | 10.128% | 3.33% | 6.852% | 3.27% |
| 2011 | 1.108% | -9.02% | -1.798% | -8.65% |
| 2012 | 4.657% | 3.55% | 1.782% | 3.58% |
| 2013 | 3.825% | -0.83% | 1.057% | -0.73% |
| 2014 | 13.544% | 9.72% | 10.603% | 9.55% |
| 2015 | 6.578% | -6.97% | 3.899% | -6.70% |
| 2016 | 5.49% | -1.09% | 2.918% | -0.98% |
| 2017 | 3.535% | -1.96% | 1.087% | -1.83% |
| 2018 | -0.279% | -3.81% | -2.57% | -3.66% |
| 2019 | 4.481% | 4.76% | 2.148% | 4.72% |
| 2020 | -3.167% | -7.65% | -5.207% | -7.36% |
| 2021 | -0.511% | 2.66% | -2.47% | 2.74% |
| 2022 | 5.708% | 6.22% | 3.736% | 6.21% |
| 2023 | 3.811% | -1.90% | 1.948% | -1.79% |
| 2024 | 3.8% | -0.01% | 1.966% | 0.02% |