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Economy of Papua New Guinea

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

17.9% 32.3% 11.5% 27.7%
  • Agriculture, forestry & fishing: 17.9%
  • Mining, manufacturing & utilities: 32.3%
  • Construction: 6.5%
  • Trade, restaurants & hotels: 11.5%
  • Transport & communication: 4.1%
  • Finance, real estate & other services: 27.7%
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Agriculture, forestry & fishing
17.9%
Mining, manufacturing & utilities
32.3%
Construction
6.5%
Trade, restaurants & hotels
11.5%
Transport & communication
4.1%
Finance, real estate & other services
27.7%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 34.4B #112 / 190 2026
GDP (Local currency - PGK) 148B - 2026
Real GDP (Local currency - PGK) 79.1B - 2026
PPP GDP (Int$) 52.1B #132 / 191 2026
GNI (USD) 30.4B #111 / 210 2024

GDP per Capita

GDP per Capita (USD) 2,632 #152 / 190 2026
GDP per Capita (Local currency - PGK) 11,347 - 2026
Real GDP per Capita (Local currency - PGK) 6,051 - 2026
PPP GDP per Capita (Int$) 3,986 #168 / 191 2026
GNI per Capita (USD) 2,877 #156 / 210 2024

Economic Growth

GDP Growth 3.8% #61 / 191 2026

Prices and Inflation

Inflation Rate 5% #53 / 191 2026

Labor Market

Unemployment Rate No data - -

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