Services, value added in Papua New Guinea
Papua New Guinea: Services, value added was 12.86 billion constant 2015 US$ in 2024. ▲ Rising
Services, value added in Papua New Guinea, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Papua New Guinea is 12.86 billion constant 2015 US$, measured in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 33.6% over ten years.
Over the whole period, services, value added in Papua New Guinea peaked at 12.86 billion constant 2015 US$ in 2024 and was at its lowest, 5.95 billion constant 2015 US$, in 2006.
That places Papua New Guinea 112th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.64 billion constant 2015 US$ | 5.95 billion constant 2015 US$ | 7.02 billion constant 2015 US$ | 4 |
| 2010s | 9.43 billion constant 2015 US$ | 7.90 billion constant 2015 US$ | 10.49 billion constant 2015 US$ | 10 |
| 2020s | 11.62 billion constant 2015 US$ | 10.47 billion constant 2015 US$ | 12.86 billion constant 2015 US$ | 5 |
Countries ranked near Papua New Guinea
- 109 Senegal 14.38 billion constant 2015 US$ compare
- 110 Trinidad and Tobago 14.02 billion constant 2015 US$ compare
- 111 Zimbabwe 12.96 billion constant 2015 US$ compare
- 113 Bosnia and Herzegovina 12.58 billion constant 2015 US$ compare
- 114 Botswana 11.95 billion constant 2015 US$ compare
- 115 Jamaica 10.66 billion constant 2015 US$ compare
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 services, value added in Papua New Guinea?
- Services, value added in Papua New Guinea was 12.86 billion constant 2015 US$ 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 12.86 billion constant 2015 US$ in 2024.
- What is the lowest services, value added recorded in Papua New Guinea?
- The lowest recorded value was 5.95 billion constant 2015 US$ in 2006.
- How does Papua New Guinea rank for services, value added?
- Papua New Guinea ranks 112th out of 195 countries with data for 2024.
- Is services, value added rising or falling in Papua New Guinea?
- Over the last ten years it is up 33.6%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 defense, 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 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.