Industry (including construction), value added in Papua New Guinea
Papua New Guinea: Industry (including construction), value added was 11.25 billion current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Papua New Guinea, 1961–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for industry (including construction), value added in Papua New Guinea is 11.25 billion current US$, measured in 2024.
The figure is up 0.6% on the previous year and up 47.9% over ten years.
Over the whole period, industry (including construction), value added in Papua New Guinea peaked at 12.75 billion current US$ in 2022 and was at its lowest, 32.93 million current US$, in 1961.
That places Papua New Guinea 100th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 64.56 million current US$ | 32.93 million current US$ | 101.81 million current US$ | 9 |
| 1970s | 389.80 million current US$ | 142.69 million current US$ | 667.08 million current US$ | 10 |
| 1980s | 781.03 million current US$ | 550.34 million current US$ | 1.25 billion current US$ | 10 |
| 1990s | 1.49 billion current US$ | 979.15 million current US$ | 1.94 billion current US$ | 10 |
| 2000s | 2.23 billion current US$ | 1.05 billion current US$ | 4.01 billion current US$ | 9 |
| 2010s | 7.05 billion current US$ | 4.73 billion current US$ | 9.09 billion current US$ | 10 |
| 2020s | 10.39 billion current US$ | 7.88 billion current US$ | 12.75 billion current 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 11.25 billion current 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 12.75 billion current US$ in 2022.
- What is the lowest industry (including construction), value added recorded in Papua New Guinea?
- The lowest recorded value was 32.93 million current US$ in 1961.
- How does Papua New Guinea rank for industry (including construction), value added?
- Papua New Guinea ranks 100th out of 208 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 47.9%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.