The growth of the real gross domestic product (GDP) in Papua New Guinea was forecast to decrease between 2024 and 2029 by in total 1.5 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The growth is estimated to amount to 3.1 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product (GDP) in countries like New Zealand, Marshall Islands, and Vanuatu.
Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029
(compared to the previous year)
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IMF. (October 22, 2024). Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/
IMF. "Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/
IMF. (2024). Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/
IMF. "Papua New Guinea: Growth Rate of Real Gross Domestic Product (Gdp) from 2019 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/
IMF, Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/ (last visited November 09, 2024)
Papua New Guinea: Growth rate of real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/731703/gross-domestic-product-gdp-growth-rate-in-papua-new-guinea/
