Papua New Guinea - GDP (constant LCU)

The value for GDP (constant LCU) in Papua New Guinea was 63,414,320,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 65,714,320,000 in 2019 and a minimum value of 6,961,486,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 6,961,486,000
1961 7,391,783,000
1962 7,862,943,000
1963 8,183,163,000
1964 8,884,483,000
1965 9,796,788,000
1966 10,366,350,000
1967 10,788,310,000
1968 11,258,630,000
1969 12,190,110,000
1970 13,511,860,000
1971 14,362,460,000
1972 15,173,010,000
1973 16,163,700,000
1974 16,585,660,000
1975 16,439,720,000
1976 15,882,670,000
1977 16,015,260,000
1978 17,384,550,000
1979 17,703,100,000
1980 17,295,320,000
1981 17,247,780,000
1982 17,308,660,000
1983 17,866,550,000
1984 17,803,170,000
1985 18,515,330,000
1986 19,384,260,000
1987 19,921,300,000
1988 20,500,860,000
1989 20,209,840,000
1990 19,601,080,000
1991 21,472,380,000
1992 24,446,110,000
1993 28,895,850,000
1994 30,612,880,000
1995 29,598,840,000
1996 31,887,930,000
1997 30,642,900,000
1998 29,487,930,000
1999 30,035,100,000
2000 29,285,770,000
2001 29,250,250,000
2002 29,203,770,000
2003 29,835,770,000
2004 30,647,650,000
2005 32,592,180,000
2006 34,355,400,000
2007 37,040,340,000
2008 36,930,530,000
2009 39,441,970,000
2010 43,436,830,000
2011 43,917,910,000
2012 45,963,220,000
2013 47,721,290,000
2014 54,184,550,000
2015 57,749,000,000
2016 60,919,170,000
2017 63,072,430,000
2018 62,896,300,000
2019 65,714,320,000
2020 63,414,320,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts