Services, value added in Papua New Guinea
Papua New Guinea: Services, value added was 49.80 billion current LCU in 2024. ▲ Rising
Services, value added in Papua New Guinea, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, services, value added in Papua New Guinea stood at 49.80 billion current LCU. That is the highest value across all 19 years on record.
That represents a change of up 7.1% on the previous year and up 96.0% over ten years.
Over the whole period, services, value added in Papua New Guinea peaked at 49.80 billion current LCU in 2024 and was at its lowest, 10.51 billion current LCU, in 2006.
That places Papua New Guinea 151st out of 205 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 | 12.59 billion current LCU | 10.51 billion current LCU | 14.49 billion current LCU | 4 |
| 2010s | 26.12 billion current LCU | 17.11 billion current LCU | 35.08 billion current LCU | 10 |
| 2020s | 43.01 billion current LCU | 36.33 billion current LCU | 49.80 billion current 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 services, value added in Papua New Guinea?
- Services, value added in Papua New Guinea was 49.80 billion current LCU 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 49.80 billion current LCU in 2024.
- What is the lowest services, value added recorded in Papua New Guinea?
- The lowest recorded value was 10.51 billion current LCU in 2006.
- How does Papua New Guinea rank for services, value added?
- Papua New Guinea ranks 151st out of 205 countries with data for 2024.
- Is services, value added rising or falling in Papua New Guinea?
- Over the last ten years it is up 96.0%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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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 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.