Papua New Guinea 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$20.76 billion
↓ 4.44% vs 2015GDP per Capita
$2,316.39
↓ 6.77% vs 2015GDP Growth (Annual %)
5.49%
↓ 1.09pp vs 2015Inflation Rate (CPI %)
6.67%
↑ 0.68pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $21.72 billion | $20.76 billion | -4.44% |
| GDP per Capita | $2,484.60 | $2,316.39 | -6.77% |
| GDP Growth (Annual %) | 6.58% | 5.49% | -1.09pp |
| Inflation (CPI %) | 6.00% | 6.67% | +0.68pp |
| Unemployment Rate (%) | 2.50% | 2.47% | -0.03pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $20.76 billion
- GDP per Capita
- $2,316.39
- GDP Growth (Annual %)
- 5.49%
- Gross National Income
- $19.81 billion
Prices & Employment
- Inflation (CPI %)
- 6.67%
- Inflation (GDP Deflator %)
- 2.52%
- Unemployment Rate (%)
- 2.47%
- Interest Rate (Real %)
- 5.71%
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)
- 13.63%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Papua New Guinea's Gross Domestic Product (GDP) is $20.76 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Papua New Guinea for 2016 is $2,316.39. 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 2016 is 6.67%. This measures the annual percentage change in the cost of consumer goods and services.
Papua New Guinea's annual GDP growth rate for 2016 is 5.49%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Papua New Guinea for 2016 is 2.47%. This represents the percentage of the labor force that is unemployed and actively seeking employment.