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Papua New Guinea

68 series · 1800–2025 · Lower middle income · East Asia & Pacific

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1960–2025139,678 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1960–202533,880 (2025)
Real GDPMillions of local currencyrGDP1960–202579,397 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1960–20257,594 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1960–202528,679 (2025)
DeflatorIndex, 2015 = 100deflator1960–2025175.9 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1960–20252,743 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1960–2024100,880 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1960–202481.2 (2024)
Total consumption (USD)Millions of US dollarscons_USD1960–202426,184 (2024)
Household consumptionMillions of local currencyhcons1960–202472,585 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1960–202458.4 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1960–202418,840 (2024)
Government consumptionMillions of local currencygcons1960–202428,295 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1960–202422.8 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1960–20247,344 (2024)
Gross capital formationMillions of local currencyinv1960–20249,889 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1960–20247.96 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1960–20242,567 (2024)
Gross fixed capital formationMillions of local currencyfinv1960–20249,363 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1960–20247.53 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1960–20242,430 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1958–202570,918 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1960–202550.8 (2025)
Exports (USD)Millions of US dollarsexports_USD1958–202517,202 (2025)
ImportsMillions of local currencyimports1960–202547,875 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1960–202534.3 (2025)
Imports (USD)Millions of US dollarsimports_USD1960–202511,612 (2025)
Current accountMillions of local currencyCA1976–202520,565 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1976–202514.7 (2025)
USD exchange rateLocal currency per US dollarUSDfx1950–20254.12 (2025)
Real effective exchange rateIndex, 2015 = 100REER1971–202590.8 (2025)
Current account (USD)Millions of US dollarsCA_USD1976–20254,988 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1975–202527,509 (2025)
General government expenditureMillions of local currencygen_govexp1983–202527,509 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1983–202519.7 (2025)
Central government expenditureMillions of local currencycgovexp1975–201014,584 (2010)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1975–201037.6 (2010)
Government revenueMillions of local currencygovrev1983–202524,217 (2025)
General government revenueMillions of local currencygen_govrev1983–202524,217 (2025)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1983–202517.3 (2025)
Government tax revenueMillions of local currencygovtax2015–202418,841 (2024)
General government tax revenueMillions of local currencygen_govtax2015–202418,841 (2024)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2015–202415.2 (2024)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1983–2025-2.36 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1983–2025-2.36 (2025)
General government deficitMillions of local currencygen_govdef1983–2025-3,292 (2025)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1970–202552.1 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1973–202552.1 (2025)
General government debtMillions of local currencygen_govdebt1973–202572,840 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1970–202453.7 (2024)
Central government debtMillions of local currencycgovdebt1970–202466,748 (2024)
Government debtMillions of local currencygovdebt1970–202572,840 (2025)
Government deficitMillions of local currencygovdef1983–2025-3,292 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1975–202519.7 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1983–202517.3 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2015–202415.2 (2024)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1994–20244.23 (2024)
Long-term interest ratePercentltrate2005–201811.1 (2018)
Central bank policy ratePercentcbrate2001–20244.00 (2024)
M0 (monetary base)Millions of local currencyM01973–20253,267 (2025)
M1Millions of local currencyM11973–202532,597 (2025)
M2Millions of local currencyM21973–202536,628 (2025)
M3Millions of local currencyM32000–201922,312 (2019)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1970–2025151.2 (2025)
InflationPercentinfl1970–20254.41 (2025)
PopulationMillions of peoplepop1800–202510.5 (2025)
Unemployment ratePercentunemp1990–20252.57 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →