Nominal GDP
$32.50B
current US$ · 2025
World Bank
🇵🇬
Economy Snapshot
Papua New Guinea Economy and Trade
Port MoresbyLocal time
GDP $32.50B · real growth 5.6% · latest verified annual data
Nominal output in Papua New Guinea is shown at $32.50B for 2025; the latest real-growth observation on this page is 5.6% for 2025. The per-person GDP figure is $3,020 (2025); the CPI series shows 4.4% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.
GDP per capita
$3,020
current US$ · 2025
Source listed below
Real GDP growth
5.6%
annual % · 2025
Source listed below
Inflation
4.4%
CPI annual % · 2025
Source listed below
Papua New Guinea at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $21.72B2016: $20.76B2017: $22.74B2018: $24.11B2019: $24.75B2020: $23.85B2021: $26.11B2022: $31.65B2023: $30.82B2024: $30.80B2025: $32.50B
GDP per capita$3,020
Real growth5.6%
GDP year2025
2025 Inflation
4.4%
CPI annual %
2025 Unemployment
2.6%
labor-market measure
2025 GDP per capita
$3,020
current US$
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20255.6%
Unemployment20252.6%
Inflation20254.4%
Merchandise trade
UNCTAD · 2024 · USD
Exports$13.40B
Imports$4.69B
Balance+$8.71B
Largest highlighted export destination
Japan22.1%
Understand the numbers
What Papua New Guinea's economic profile is telling you
Papua New Guinea expanded by 5.6 percent in 2025, one of the stronger growth rates in the Pacific. UNCTAD's 2024 country profile reports merchandise exports of about $13.40 billion and imports of about $4.69 billion, leaving a goods surplus of about $8.71 billion.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Papua New Guinea | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $32.50B | 2025 | Actual |
| GDP per capitacurrent US$ | $3,020 | 2025 | Actual |
| Real GDP growthannual % | 5.6% | 2025 | Actual |
| InflationCPI annual % | 4.4% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 2.6% | 2025 | Estimate |
| Merchandise exportscurrent USD | $13.40B | 2024 | Actual |
| Merchandise importscurrent USD | $4.69B | 2024 | Actual |
Frequently Asked Questions
What is Papua New Guinea's latest GDP?
The verified GDP observation used here is $32.50B for 2025.
What does merchandise trade show for Papua New Guinea?
Merchandise exports were $13.40B and imports were $4.69B in 2024, giving a same-year goods balance of +$8.71B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Authoritative 2024 merchandise exports and imports used for the matched-year trade figures.
Official data: UNCTAD Papua New Guinea profile