GDP ranking of Oceania countries in 2016

According to the latest statistics released by the World Bank in 2024, among the countries in Oceania in 2016, Australia ranked first in terms of gross domestic product(GDP), with a total economic volume of $1206.69 billion; New Zealand ranked second in terms of GDP, with a total economic volume of $188.84 billion; Papua New Guinea ranked third in terms of GDP, with a total economic volume of $20.76 billion; New Caledonia ranked fourth in terms of GDP, with a total economy of $8.73 billion; and Guam, with a total economy of $5.9 billion, ranked fifth in GDP.