Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price

1960 - 2023 | Yearly | USD mn | World Bank

Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price data was reported at 29.360 USD bn in 2023. This records a decrease from the previous number of 30.433 USD bn for 2022. Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 3.576 USD bn from Dec 1960 (Median) to 2023, with 63 observations. The data reached an all-time high of 30.433 USD bn in 2022 and a record low of 224.784 USD mn in 1960. Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price 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. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Papua New Guinea's Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price from 1960 to 2023 in the chart:

Get this data
Papua New Guinea Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price
Get this data
Papua New Guinea Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price

What was Papua New Guinea's Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price in 2023?

Last Previous Min Max Unit Frequency Range
29,360.225 2023 30,433.175 2022 224.784 1960 30,433.175 2022 USD mn yearly 1960 - 2023

Related Indicators for Papua New Guinea PG: GDP: USD: Gross Value Added at Basic Price

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Papua New Guinea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,093.340 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 4,034.120 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.024 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (PGK bn) 34.760 2030 yearly 1983 - 2030
Forecast: Government Net Debt (PGK bn) 73.591 2030 yearly 1994 - 2030
Forecast: Government Revenue (PGK bn) 35.488 2030 yearly 1983 - 2030
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.500 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 3.727 2030 yearly 1980 - 2030
Monetary Last Frequency Range
Gold Reserves (Metric Ton) 1,100.000 2022 yearly 2008 - 2022

More Indicators for Papua New Guinea

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo

Try Now

Explore our Data

Unlimited access tailored to your data needs
Request a Demo
Flexible monthly access to CEIC data
Try Now