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Papua New Guinea

Country in Oceania

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In brief

Current account balance, share of GDP: +15.5% (2024). World rank 12 of 185; in Oceania, 3 of 13. Foreign direct investment, share of GDP: -3.6% (2025). World rank 194 of 197; in Oceania, 15 of 15. Remittances received, share of GDP: 0% (2024). World rank 178 of 178; in Oceania, 13 of 13. From 2015 to 2025: GDP $21.7B → $32.5B, GDP per person $2,485 → $3,020, and GDP per person at purchasing power parity $3,670 → $5,215. Better than all its neighbours (Indonesia): GDP growth per year, unemployment, and youth unemployment. Worse than all its neighbours (Indonesia): GDP per person, GDP per person at purchasing power parity, and gross national income per person.

Size and growth

GDP
$32.5B 2025
GDP per person
$3,020 2025
GDP per person at purchasing power parity
$5,215 2025
GDP growth per year
+5.6% 2025

Income and prices

Income level (World Bank)
Lower-middle income
Gross national income per person
$2,890 2025
Inflation
+4.4% 2025
Price level, USA = 100
58 2025

Structure and jobs

Agriculture, share of GDP
17% 2024
Industry, share of GDP
36.5% 2024
Services, share of GDP
42% 2024
Unemployment
2.6% 2025
Youth unemployment, ages 15–24
3.8% 2025
Women in work or seeking work
50.8% 2025

Trade and finance

Exports, share of GDP
72.2% 2004
Imports, share of GDP
58.9% 2004
Current account balance, share of GDP
+15.5% 2024
Foreign direct investment, share of GDP
-3.6% 2025
Remittances received, share of GDP
0% 2024
Tax revenue, share of GDP
15.5% 2024
Currency
Papua New Guinean Kina (PGK)

Poverty and inequality

Gini index (0 = full equality)
41.9 2009
Living on under $3 a day
52.2% 2009