The Gross Domestic Product (GDP) in Papua New Guinea was worth 24 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Papua New Guinea represents 0.02 percent of the world economy.
GDP in Papua New Guinea averaged 6.04 USD Billion from 1960 until 2019, reaching an all time high of 24 USD Billion in 2019 and a record low of 0.23 USD Billion in 1960. This page provides the latest reported value for - Papua New Guinea GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Papua New Guinea GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank
GDP in Papua New Guinea is expected to reach 25.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea GDP is projected to trend around 26.00 USD Billion in 2021, according to our econometric models.