Industry (including construction), value added in Papua New Guinea
Papua New Guinea: Industry (including construction), value added was 8.43 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Papua New Guinea, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Papua New Guinea is 8.43 billion constant 2015 US$, measured in 2024.
The figure is up 3.7% on the previous year and up 41.0% over ten years.
Over the whole period, industry (including construction), value added in Papua New Guinea peaked at 8.87 billion constant 2015 US$ in 2017 and was at its lowest, 3.61 billion constant 2015 US$, in 2006.
That places Papua New Guinea 98th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.81 billion constant 2015 US$ | 3.61 billion constant 2015 US$ | 4.21 billion constant 2015 US$ | 4 |
| 2010s | 6.54 billion constant 2015 US$ | 4.22 billion constant 2015 US$ | 8.87 billion constant 2015 US$ | 10 |
| 2020s | 8.05 billion constant 2015 US$ | 7.51 billion constant 2015 US$ | 8.43 billion constant 2015 US$ | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- DEC alternative conversion factor 4.12 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 931.74 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 226.00 million current US$ (2025)
- Taxes less subsidies on products 5.32 billion current LCU (2024)
- Taxes less subsidies on products 1.38 billion current US$ (2024)
- Net primary income (Net income from abroad) -9.64 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.34 billion current US$ (2025)
- GNI per capita 11,553 current LCU (2025)
- GNI per capita, Atlas method 2,890 current US$ (2025)
- GNI 124.34 billion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Papua New Guinea?
- Industry (including construction), value added in Papua New Guinea was 8.43 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Papua New Guinea?
- The highest recorded value was 8.87 billion constant 2015 US$ in 2017.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was 3.61 billion constant 2015 US$ in 2006.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 98th out of 195 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Papua New Guinea?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.