Services, value added in Papua New Guinea

Papua New Guinea: Services, value added was 5.2% in 2024. ◆ Volatile

Latest (2024)
5.2%
Change on year
up 4.4%
World rank
47th
of 197 countries
All-time high
13.4%
in 2007
All-time low
-2.3%
in 2015
Years of data
18
2007–2024

Services, value added in Papua New Guinea, 2007–2024

0510152007201520242007: 13.4 annual % growth2008: 1.5 annual % growth2009: 2.6 annual % growth2010: 12.4 annual % growth2011: 9.3 annual % growth2012: 6 annual % growth2013: 4.3 annual % growth2014: 0.914 annual % growth2015: -2.3 annual % growth2016: 2.3 annual % growth2017: 1.4 annual % growth2018: 5.1 annual % growth2019: 2.5 annual % growth2020: -0.175 annual % growth2021: 4.5 annual % growth2022: 6.3 annual % growth2023: 5 annual % growth2024: 5.2 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, services, value added in Papua New Guinea stood at 5.2%.

That represents a change of up 4.4% on the previous year and up 473.4% over ten years.

Over the whole period, services, value added in Papua New Guinea peaked at 13.4% in 2007 and was at its lowest, -2.3%, in 2015.

That places Papua New Guinea 47th out of 197 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.8% 1.5% 13.4% 3
2010s 4.2% -2.3% 12.4% 10
2020s 4.2% -0.2% 6.3% 5

Countries ranked near Papua New Guinea

  1. 44 Guinea 5.4% compare
  2. 45 China 5.4% compare
  3. 46 Guinea-Bissau 5.4% compare
  4. 48 Kazakhstan 5.2% compare
  5. 49 Tonga 5.2% compare
  6. 50 Turks and Caicos Islands 5.1% compare

See the full ranking of 240 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is services, value added in Papua New Guinea?
Services, value added in Papua New Guinea was 5.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Papua New Guinea?
The highest recorded value was 13.4% in 2007.
What is the lowest services, value added recorded in Papua New Guinea?
The lowest recorded value was -2.3% in 2015.
How does Papua New Guinea rank for services, value added?
Papua New Guinea ranks 47th out of 197 countries with data for 2024.
Is services, value added rising or falling in Papua New Guinea?
Over the last ten years it is up 473.4%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.