Papua New Guinea GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

Papua New Guinea has a resource-based economy supported by mining, liquefied natural gas, agriculture, forestry, and fisheries. Rich natural resources and growing energy exports continue to shape the country's economic performance and investment opportunities. This page provides Papua New Guinea GDP data, historical trends, and economic conditions in 2026.

Papua New Guinea Live GDP
$20,211,438,499
GDP Added Today
$40,912,472
GDP Growth Rate (2026)
3.80%
vs 2025
โ–ผ โˆ’1.80%
GDP Per Capita (2026)
$2,632
vs 2025
โ–ฒ +$94
Global Rank (Nominal)
#116
of 218 countries
Years Covered
1980โ€“2026
47 years

Papua New Guinea GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $34.40B
Lowest GDP $3.25B
Average Growth 3.47%
1980โ€“2026
Best Growth 13.80%
Weakest Growth -6.30%
โ—‰

Share of World GDP (2026)

Papua New Guinea 0.03%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.16%
โ˜†

Key Findings

โœ“

Papua New Guinea's GDP in 2026 is $34.40B.

โœ“

It ranks #116 among 218 countries.

โœ“

Papua New Guinea contributes 0.03% to the world economy.

โœ“

GDP per capita is $2,632 in 2026.

โœ“

The economy recorded GDP growth of 3.80% in 2026.

Historical Data

Papua New Guinea GDP Historical Data (1980โ€“2026)

2026 $34,403,000,000 3.80% $2,632 0.03% #115
2025 $32,491,000,000 5.60% $2,538 0.03% #113
2024 $30,756,000,000 3.90% $2,453 0.03% #110
2023 $30,729,000,000 3.80% $2,502 0.03% #110
2022 $31,653,000,000 5.70% $2,631 0.03% #105
2021 $26,113,000,000 -0.50% $2,216 0.03% #110
2020 $23,848,000,000 -3.20% $2,125 0.03% #108
2019 $24,751,000,000 4.50% $2,315 0.03% #110
2018 $24,110,000,000 -0.30% $2,367 0.03% #110
2017 $22,743,000,000 3.50% $2,344 0.03% #112
2016 $20,759,000,000 5.50% $2,245 0.03% #112
2015 $21,723,000,000 6.60% $2,467 0.03% #108
2014 $23,211,000,000 13.50% $2,766 0.03% #107
2013 $21,261,000,000 3.80% $2,660 0.03% #111
2012 $21,295,000,000 4.70% $2,797 0.03% #111
2011 $17,985,000,000 1.10% $2,479 0.02% #114
2010 $14,251,000,000 10.10% $2,115 0.02% #116
2009 $11,619,000,000 6.80% $1,833 0.02% #125
2008 $11,671,000,000 -0.30% $1,884 0.02% #123
2007 $9,545,000,000 7.80% $1,576 0.02% #127
2006 $8,355,000,000 2.50% $1,412 0.02% #125
2005 $7,339,000,000 4.30% $1,270 0.02% #125
2004 $6,279,000,000 0.60% $1,112 0.01% #125
2003 $5,488,000,000 9.00% $995 0.01% #124
2002 $4,387,000,000 -0.20% $815 0.01% #128
2001 $4,531,000,000 -0.10% $862 0.01% #124
2000 $5,169,000,000 -2.50% $1,008 0.02% #119
1999 $5,072,000,000 1.90% $1,013 0.02% #116
1998 $5,558,000,000 4.70% $1,138 0.02% #111
1997 $7,272,000,000 -6.30% $1,527 0.02% #103
1996 $7,608,000,000 6.60% $1,640 0.02% #100
1995 $7,149,000,000 -3.40% $1,582 0.02% #96
1994 $8,077,000,000 10.50% $1,835 0.03% #86
1993 $7,349,000,000 13.30% $1,714 0.03% #85
1992 $6,466,000,000 13.80% $1,547 0.03% #87
1991 $5,596,000,000 9.60% $1,444 0.02% #86
1990 $4,757,000,000 -3.10% $1,266 0.02% #95
1989 $5,238,000,000 -1.40% $1,455 0.03% #83
1988 $5,400,000,000 2.90% $1,565 0.03% #83
1987 $3,885,000,000 2.80% $1,160 0.02% #91
1986 $3,535,000,000 5.70% $1,040 0.02% #95
1985 $3,250,000,000 3.60% $976 0.03% #98
1984 $3,509,000,000 -1.00% $1,080 0.03% #93
1983 $3,799,000,000 3.40% $1,195 0.03% #86
1982 $3,805,000,000 0.80% $1,223 0.03% #90
1981 $4,011,000,000 1.10% $1,319 0.03% #88
1980 $4,087,000,000 -2.30% $1,381 0.04% #86

Papua New Guinea GDP Projections (IMF)

i
Year GDP Nominal (Current USD) GDP Growth Rate (%) GDP Per Capita (USD) World Share (%) Global Rank
2027 $34,978,000,000 3.80% $2,621 0.03% #113
2028 $36,655,000,000 3.20% $2,690 0.03% #114
2029 $38,349,000,000 3.10% $2,756 0.03% #115
2030 $40,312,000,000 3.10% $2,838 0.03% #116
2031 $42,785,000,000 3.10% $2,950 0.03% #116

Papua New Guinea Economy Overview

Papua New Guinea has a resource-rich economy dominated by mining, liquefied natural gas, oil production, agriculture, forestry, and fisheries. Gold, copper, LNG, oil, and nickel account for much of the country's export revenue, while major international resource projects continue to attract investment.

Agriculture remains important for employment, producing coffee, cocoa, palm oil, coconuts, and timber. Transportation, construction, retail, telecommunications, and public services contribute to the domestic economy. Geographic challenges and limited infrastructure continue to affect connectivity across many regions.

Papua New Guinea GDP Outlook

Papua New Guineaโ€™s prospects are shaped by liquefied natural gas, mining projects, commodity prices, and infrastructure investment. New resource developments could increase exports, public revenue, and construction activity. Agriculture, fisheries, forestry, tourism, and local processing offer pathways toward broader employment and diversification. Difficult geography, weak transport connections, governance concerns, project delays, social tensions, climate risks, and dependence on a small number of large extractive industries remain important challenges.