Industry (including construction), value added in Papua New Guinea
Papua New Guinea: Industry (including construction), value added was 24.84 billion constant LCU in 2024. ◆ Volatile
Industry (including construction), value added in Papua New Guinea, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Papua New Guinea is 24.84 billion constant LCU, measured in 2024.
Compared with earlier readings it 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 26.12 billion constant LCU in 2017 and was at its lowest, 1.03 billion constant LCU, in 1981.
Papua New Guinea ranks 132nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.19 billion constant LCU | 1.03 billion constant LCU | 1.39 billion constant LCU | 10 |
| 1990s | 2.23 billion constant LCU | 1.17 billion constant LCU | 2.69 billion constant LCU | 10 |
| 2000s | 6.36 billion constant LCU | 2.41 billion constant LCU | 12.39 billion constant LCU | 9 |
| 2010s | 19.27 billion constant LCU | 12.42 billion constant LCU | 26.12 billion constant LCU | 10 |
| 2020s | 23.71 billion constant LCU | 22.12 billion constant LCU | 24.84 billion constant LCU | 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 24.84 billion constant LCU 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 26.12 billion constant LCU in 2017.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was 1.03 billion constant LCU in 1981.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 132nd out of 199 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 volatile.
- 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 LCU). 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 varies by country. This series is expressed in local currency units.