The Gross Domestic Product (GDP) in Papua New Guinea expanded 0.30 percent in 2018 from the previous year.
GDP Annual Growth Rate in Papua New Guinea averaged 3.89 percent from 1995 until 2018, reaching an all time high of 12.50 percent in 2014 and a record low of -6.34 percent in 1997. This page provides - Papua New Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea GDP Annual Growth Rate - values, historical data and charts - was last updated on May of 2020.
GDP Annual Growth Rate in Papua New Guinea is expected to reach 2.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea GDP Annual Growth Rate is projected to trend around 2.40 percent in 2021 and 3.20 percent in 2022, according to our econometric models.