pg Papua New Guinea 2014

Detailed economic analysis and indicators for 2014

Year 2014

Key Economic Indicators (2014)

GDP (Current USD)

$23.21 billion

↑ 9.17% vs 2013
GDP per Capita

$2,723.18

↑ 6.34% vs 2013
GDP Growth (Annual %)

13.54%

↑ 9.72pp vs 2013
Inflation Rate (CPI %)

5.22%

↑ 0.26pp vs 2013

Year-over-Year Comparison

Indicator 2013 2014 Change
GDP (Current USD) $21.26 billion $23.21 billion +9.17%
GDP per Capita $2,560.77 $2,723.18 +6.34%
GDP Growth (Annual %) 3.82% 13.54% +9.72pp
Inflation (CPI %) 4.96% 5.22% +0.26pp
Unemployment Rate (%) 2.69% 2.54% -0.16pp

All Economic Indicators (2014)

National Accounts
GDP (Current USD)
$23.21 billion
GDP per Capita
$2,723.18
GDP Growth (Annual %)
13.54%
Gross National Income
$22.81 billion
Prices & Employment
Inflation (CPI %)
5.22%
Inflation (GDP Deflator %)
5.44%
Unemployment Rate (%)
2.54%
Interest Rate (Real %)
3.74%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
12.14%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2014, Papua New Guinea's Gross Domestic Product (GDP) is $23.21 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Papua New Guinea for 2014 is $2,723.18. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Papua New Guinea for 2014 is 5.22%. This measures the annual percentage change in the cost of consumer goods and services.

Papua New Guinea's annual GDP growth rate for 2014 is 13.54%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Papua New Guinea for 2014 is 2.54%. This represents the percentage of the labor force that is unemployed and actively seeking employment.