Papua New Guinea GDP Purchasing Power Parity

Papua New Guinea GDP Purchasing Power Parity

Papua New Guinea’s GDP (PPP) is estimated at $41.8 billion in 2025. Papua New Guinea’s economy relies on mining (gold, copper), oil, and agriculture, with LNG exports as a major driver. The PPP adjustment boosts GDP due to a low cost of living. Poverty, weak governance, and infrastructure deficits hinder growth, while tribal conflicts pose risks. Papua New Guinea aims to leverage resource wealth for development, but corruption and reliance on extractive industries limit progress. Investments in education and transport are critical for sustainability.

World Bank purchasing power parity GDP economic data as of July 2025.