Papua New Guinea 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$22.74 billion
↑ 9.56% vs 2016GDP per Capita
$2,477.77
↑ 6.97% vs 2016GDP Growth (Annual %)
3.53%
↓ 1.95pp vs 2016Inflation Rate (CPI %)
5.42%
↓ 1.25pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $20.76 billion | $22.74 billion | +9.56% |
| GDP per Capita | $2,316.39 | $2,477.77 | +6.97% |
| GDP Growth (Annual %) | 5.49% | 3.53% | -1.95pp |
| Inflation (CPI %) | 6.67% | 5.42% | -1.25pp |
| Unemployment Rate (%) | 2.47% | 2.57% | +0.10pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $22.74 billion
- GDP per Capita
- $2,477.77
- GDP Growth (Annual %)
- 3.53%
- Gross National Income
- $21.66 billion
Prices & Employment
- Inflation (CPI %)
- 5.42%
- Inflation (GDP Deflator %)
- 7.70%
- Unemployment Rate (%)
- 2.57%
- Interest Rate (Real %)
- 0.64%
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)
- 15.90%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Papua New Guinea's Gross Domestic Product (GDP) is $22.74 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Papua New Guinea for 2017 is $2,477.77. 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 2017 is 5.42%. This measures the annual percentage change in the cost of consumer goods and services.
Papua New Guinea's annual GDP growth rate for 2017 is 3.53%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Papua New Guinea for 2017 is 2.57%. This represents the percentage of the labor force that is unemployed and actively seeking employment.