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COUNTRY OUTLOOK / PG

Papua New Guinea

Unverified rate framework · ISO:PG

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalPort Moresby
RegionEast Asia & Pacific
Income groupLower middle income
CurrencyPapua New Guinean kina
GDP$32.5B2025 · current US$
Real GDP growth5.64%2025 · annual %
Population10.76M2025 · people
GDP per capita$3,019.532025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2024 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Papua New Guinea's largest reported broad sector is services in 2024.

Monetary & research context

Policy authorityISO:PG
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

5.64% · 2025 · annual %

Real GDP growth · annual %-3.17%5.19%13.54%2014: 13.5437706216546 annual %2015: 6.57835632304275 annual %2016: 5.48957315278187 annual %2017: 3.53461081750459 annual %2018: -0.279252284959952 annual %2019: 4.48051456942582 annual %2020: -3.16743204434815 annual %2021: -0.510612607034361 annual %2022: 5.70701964996525 annual %2023: 3.81046308333708 annual %2024: 3.88795324667848 annual %2025: 5.63792052319458 annual %20142025
View annual observations
YearValue (annual %)
20255.638
20243.888
20233.810
20225.707
2021-0.511
2020-3.167
20194.481
2018-0.279
20173.535
20165.490
20156.578
201413.544
World Bank source & definition ↗

Economy

GDP$32.5B2025 · current US$Source & definition ↗
Real GDP growth5.64%2025 · annual %Source & definition ↗
GDP per capita$3,019.532025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 56.13B2025 · current international $Source & definition ↗

People

Population10.76M2025 · peopleSource & definition ↗
Population growth1.75%2025 · annual %Source & definition ↗
Urban population15.78%2025 · % of populationSource & definition ↗
Life expectancy66.262024 · yearsSource & definition ↗
Unemployment · ILO estimate2.57%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+52.07%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing17.02%2024 · % of GDPSource & definition ↗
Industry including construction36.53%2024 · % of GDPSource & definition ↗
Services41.96%2024 · % of GDPSource & definition ↗
Manufacturing1.65%2024 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services72.16%2004 · % of GDPSource & definition ↗
Imports of goods & services58.92%2004 · % of GDPSource & definition ↗
Current account balance15.48%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows-0.64%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation4.42%2025 · annual %Source & definition ↗
Central government debt52.01%2024 · % of GDPSource & definition ↗
Tax revenue15.54%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector16.29%2024 · % of GDPSource & definition ↗
Total reserves including gold$3.71B2024 · current US$Source & definition ↗

Infrastructure

Internet use18.81%2024 · % of populationSource & definition ↗
Access to electricity43.30%2024 · % of populationSource & definition ↗

Geography

Surface area462,8402023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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