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Unit ( Billions of US dollars )
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According to the latest statistics released by the World Bank in 2024, Papua New Guinea's GDP in 2021 was $26.59 billion, ranking 103rd in the world and 3rd in Oceania. In 2020, Papua New Guinea's GDP was $24.67 billion, ranking 106th in the world and 3rd in Oceania. In 2019, Papua New Guinea's GDP was $24.75 billion, ranking 110th in the world and 3rd in Oceania. In 2018, Papua New Guinea's GDP was $24.11 billion, ranking 110th in the world and 3rd in Oceania. Papua New Guinea's GDP growth rates in 2021, 2020, 2019 and 2018 were 7.81%, -0.34%, 2.66% and 6.01% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $26.59 billion | 0.0277% |
| 2020 | $24.67 billion | 0.0291% |
| 2019 | $24.75 billion | 0.0282% |
| 2018 | $24.11 billion | 0.0279% |
| 2017 | $22.74 billion | 0.0279% |
| 2016 | $20.76 billion | 0.0271% |
| 2015 | $21.72 billion | 0.0289% |
| 2014 | $23.21 billion | 0.0291% |
| 2013 | $21.26 billion | 0.0274% |
| 2012 | $21.3 billion | 0.0282% |
| 2011 | $17.99 billion | 0.0244% |
| 2010 | $14.25 billion | 0.0214% |
| 2009 | $11.62 billion | 0.0191% |
| 2008 | $11.67 billion | 0.0182% |
| 2007 | $9.55 billion | 0.0164% |
| 2006 | $8.36 billion | 0.0161% |
| 2005 | $4.87 billion | 0.0102% |
| 2004 | $3.93 billion | 0.0089% |
| 2003 | $3.54 billion | 0.009% |
| 2002 | $3 billion | 0.0086% |
| 2001 | $3.08 billion | 0.0092% |
| 2000 | $3.52 billion | 0.0104% |
| 1999 | $3.48 billion | 0.0106% |
| 1998 | $3.79 billion | 0.012% |
| 1997 | $4.94 billion | 0.0156% |
| 1996 | $5.16 billion | 0.0162% |
| 1995 | $4.64 billion | 0.0149% |
| 1994 | $5.5 billion | 0.0197% |
| 1993 | $4.98 billion | 0.0193% |
| 1992 | $4.38 billion | 0.0172% |
| 1991 | $3.79 billion | 0.0159% |
| 1990 | $3.22 billion | 0.0141% |
| 1989 | $3.55 billion | 0.0176% |
| 1988 | $3.66 billion | 0.0189% |
| 1987 | $3.14 billion | 0.0182% |
| 1986 | $2.65 billion | 0.0174% |
| 1985 | $2.42 billion | 0.0188% |
| 1984 | $2.55 billion | 0.0208% |
| 1983 | $2.56 billion | 0.0216% |
| 1982 | $2.37 billion | 0.0204% |
| 1981 | $2.5 billion | 0.0213% |
| 1980 | $2.55 billion | 0.0225% |
| 1979 | $2.29 billion | 0.0228% |
| 1978 | $1.95 billion | 0.0225% |
| 1977 | $1.64 billion | 0.0223% |
| 1976 | $1.51 billion | 0.0233% |
| 1975 | $1.36 billion | 0.0227% |
| 1974 | $1.47 billion | 0.0273% |
| 1973 | $1.3 billion | 0.0279% |
| 1972 | $0.86 billion | 0.0225% |
| 1971 | $0.72 billion | 0.0217% |
| 1970 | $0.65 billion | 0.0216% |
| 1969 | $0.55 billion | 0.0201% |
| 1968 | $0.49 billion | 0.0195% |
| 1967 | $0.44 billion | 0.0192% |
| 1966 | $0.39 billion | 0.0181% |
| 1965 | $0.34 billion | 0.0173% |
| 1964 | $0.31 billion | 0.0167% |
| 1963 | $0.28 billion | 0.0165% |
| 1962 | $0.26 billion | 0.0168% |
| 1961 | $0.25 billion | 0.0169% |
| 1960 | $0.23 billion | 0.0165% |