Papua New Guinea economy
Papua New Guinea’s economy grew 5.6% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 4.4% in 2025, and 2.6% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 5.6% | 2025 |
| Inflation (consumer prices) | 4.4% | 2025 |
| Unemployment | 2.6% | 2025 |
| GDP (US dollars) | $32.5 bn | 2025 |
| GDP per person (US dollars) | $3,020 | 2025 |
| GDP per person (PPP, international dollars) | $4,875 | 2024 |
| Current account balance, % of GDP | 15.5% | 2024 |
| Budget balance, % of GDP | −3.3% | 2024 |
| Extreme poverty, % of people below $3.00 a day | 52.2% | 2009 |
| Population | 10.8 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.