Papua New Guinea PG: GDP: Linked Series

Papua New Guinea PG: GDP: Linked Series data was reported at 110,619.129 PGK mn in 2023. This records a decrease from the previous number of 111,394.842 PGK mn for 2022. Papua New Guinea PG: GDP: Linked Series data is updated yearly, averaging 28,945.665 PGK mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 111,394.842 PGK mn in 2022 and a record low of 4,825.531 PGK mn in 1990. Papua New Guinea PG: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

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