Papua New Guinea GDP PPP

Papua New Guinea GDP PPP

Papua New Guinea’s PPP GDP was $42.3 billion in 2023. Mining, agriculture (coffee, cocoa), and gas exports drive growth, with GDP per capita (PPP) at $4,800. Political instability and weak infrastructure hinder progress, though resource wealth offers potential. Rural poverty is widespread, and reliance on commodities poses risks. Investment in energy and tourism could boost economic diversification and stability.

Papua New Guinea GDP PPP Statistics by Year

Year GDP, Purchasing Power Parity (PPP)
2000 12.2
2001 12.4
2002 12.6
2003 13.1
2004 13.8
2005 15.2
2006 16.5
2007 18.3
2008 18.6
2009 19.9
2010 22.2
2011 22.9
2012 24.5
2013 25.8
2014 29.8
2015 32.1
2016 34.2
2017 36.0
2018 36.7
2019 39.0
2020 38.3
2021 39.8
2022 45.1
2023 48.5
2024 51.6
2025 (Est.) 54.5
2026 (Est.) 58.0