Papua New Guinea 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$24.75 billion
↑ 2.66% vs 2018GDP per Capita
$2,575.77
↑ 0.37% vs 2018GDP Growth (Annual %)
4.48%
↑ 4.76pp vs 2018Inflation Rate (CPI %)
3.93%
↓ 0.45pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $24.11 billion | $24.75 billion | +2.66% |
| GDP per Capita | $2,566.37 | $2,575.77 | +0.37% |
| GDP Growth (Annual %) | -0.28% | 4.48% | +4.76pp |
| Inflation (CPI %) | 4.37% | 3.93% | -0.45pp |
| Unemployment Rate (%) | 2.64% | 2.63% | 0.00pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $24.75 billion
- GDP per Capita
- $2,575.77
- GDP Growth (Annual %)
- 4.48%
- Gross National Income
- $23.01 billion
Prices & Employment
- Inflation (CPI %)
- 3.93%
- Inflation (GDP Deflator %)
- 1.06%
- Unemployment Rate (%)
- 2.63%
- Interest Rate (Real %)
- 7.51%
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)
- 14.38%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Papua New Guinea's Gross Domestic Product (GDP) is $24.75 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Papua New Guinea for 2019 is $2,575.77. 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 2019 is 3.93%. This measures the annual percentage change in the cost of consumer goods and services.
Papua New Guinea's annual GDP growth rate for 2019 is 4.48%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Papua New Guinea for 2019 is 2.63%. This represents the percentage of the labor force that is unemployed and actively seeking employment.