Papua New Guinea GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Papua New Guinea is $34.40 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 3.8%. GDP per capita is $2,632.

Papua New Guinea GDP Trend

Nominal GDP of Papua New Guinea has grown from $4.09 billion in 1980 to $34.40 billion in 2026.

Papua New Guinea GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Papua New Guinea. Hover any bar to see the exact value for that year.

Average Growth

3.47%

Best Year

1992 (+13.8%)

Worst Year

1997 (-6.3%)

Years of Contraction

13 of 47

GDP per capita in Papua New Guinea rose from $2,538 in 2025 to $2,632 in 2026, an increase of 3.7%.

"Papua New Guinea GDP", "Papua New Guinea gross domestic product", and "Papua New Guinea economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Papua New Guinea

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Papua New Guinea for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.

Papua New Guinea nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$34,403,000,000	3.8%	$2,632	2.1%
2025	$32,491,000,000	5.6%	$2,538	2.11%
2024	$30,756,000,000	3.9%	$2,453	2.09%
2023	$30,729,000,000	3.8%	$2,502	2.1%
2022	$31,653,000,000	5.7%	$2,631	2.1%
2021	$26,113,000,000	-0.5%	$2,217	4.97%
2020	$23,848,000,000	-3.2%	$2,125	4.97%
2019	$24,751,000,000	4.5%	$2,315	4.98%
2018	$24,110,000,000	-0.3%	$2,367	4.97%
2017	$22,743,000,000	3.5%	$2,344	4.96%
2016	$20,759,000,000	5.5%	$2,245	4.97%
2015	$21,723,000,000	6.6%	$2,467	4.97%
2014	$23,211,000,000	13.5%	$2,766	4.97%
2013	$21,261,000,000	3.8%	$2,660	4.96%
2012	$21,295,000,000	4.7%	$2,797	4.98%
2011	$17,985,000,000	1.1%	$2,479	7.66%
2010	$14,251,000,000	10.1%	$2,115	6.29%
2009	$11,619,000,000	6.8%	$1,833	2.31%
2008	$11,671,000,000	-0.3%	$1,884	2.31%
2007	$9,545,000,000	7.8%	$1,576	2.35%
2006	$8,355,000,000	2.5%	$1,412	2.35%
2005	$7,339,000,000	4.3%	$1,270	2.37%
2004	$6,279,000,000	0.6%	$1,112	2.39%
2003	$5,488,000,000	9%	$995	2.43%
2002	$4,387,000,000	-0.2%	$815	2.44%
2001	$4,531,000,000	-0.1%	$862	2.46%
2000	$5,169,000,000	-2.5%	$1,008	2.48%
1999	$5,072,000,000	1.9%	$1,013	2.52%
1998	$5,558,000,000	4.7%	$1,138	2.56%
1997	$7,272,000,000	-6.3%	$1,527	2.61%
1996	$7,608,000,000	6.6%	$1,640	2.65%
1995	$7,149,000,000	-3.4%	$1,582	2.7%
1994	$8,077,000,000	10.5%	$1,835	2.64%
1993	$7,349,000,000	13.3%	$1,714	2.56%
1992	$6,466,000,000	13.8%	$1,547	7.9%
1991	$5,596,000,000	9.6%	$1,444	3.11%
1990	$4,757,000,000	-3.1%	$1,266	4.39%
1989	$5,238,000,000	-1.4%	$1,455	4.35%
1988	$5,400,000,000	2.9%	$1,565	2.99%
1987	$3,885,000,000	2.8%	$1,160	-1.47%
1986	$3,535,000,000	5.7%	$1,040	2.1%
1985	$3,250,000,000	3.6%	$976	2.46%
1984	$3,509,000,000	-1%	$1,080	2.2%
1983	$3,799,000,000	3.4%	$1,195	2.25%
1982	$3,805,000,000	0.8%	$1,223	2.3%
1981	$4,011,000,000	1.1%	$1,319	2.7%
1980	$4,087,000,000	-2.3%	$1,381	—

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Papua New Guinea GDP Projections (IMF)

IMF projects nominal GDP for Papua New Guinea through 2031, based on current growth and inflation assumptions.

Papua New Guinea nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$42,785,000,000	3.1%	$2,950	2.1%
2030	$40,312,000,000	3.1%	$2,838	2.1%
2029	$38,349,000,000	3.1%	$2,756	2.11%
2028	$36,655,000,000	3.2%	$2,690	2.1%
2027	$34,978,000,000	3.8%	$2,621	2.1%

Compare Papua New Guinea to Nearby-Ranked Economies

Papua New Guinea ranks #116 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#115Lebanon GDP #117Guyana GDP

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Frequently Asked Questions

What is the GDP of Papua New Guinea?

The nominal GDP of Papua New Guinea in 2026 is $34.40 billion, according to the IMF World Economic Outlook (April 2026). This ranks Papua New Guinea 116th in the world by nominal GDP.

What is the GDP growth rate of Papua New Guinea?

The GDP growth rate of Papua New Guinea in 2026 is 3.8%, per IMF estimates.

What is the GDP per capita of Papua New Guinea?

GDP per capita in Papua New Guinea in 2026 is $2,632, per IMF data.

Is the GDP of Papua New Guinea expected to grow?

IMF projects the nominal GDP of Papua New Guinea to reach $42.78 billion by 2031, up from $34.40 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.