Papua New Guinea - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Papua New Guinea was 30,780,170,000 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 30,780,170,000 in 2019 and a minimum value of 29,400,000 in 1961.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1961 29,400,000
1962 33,200,000
1963 37,900,000
1964 42,800,000
1965 55,000,000
1966 71,000,000
1967 78,300,000
1968 80,300,000
1969 90,900,000
1970 127,400,000
1971 155,000,000
1972 202,700,000
1973 330,300,000
1974 356,400,000
1975 295,200,000
1976 301,000,000
1977 338,700,000
1978 351,000,000
1979 474,800,000
1980 458,500,000
1981 390,700,000
1982 406,400,000
1983 597,500,000
1984 540,400,000
1985 635,900,100
1986 729,800,000
1987 904,300,000
1988 1,083,100,000
1989 899,899,700
1990 935,499,800
1991 1,241,200,000
1992 1,678,600,000
1993 1,893,900,000
1994 1,786,900,000
1995 1,986,300,000
1996 2,365,300,000
1997 2,109,900,000
1998 2,446,800,000
1999 3,097,500,000
2000 3,829,000,000
2001 4,001,600,000
2002 4,068,400,000
2003 4,430,200,000
2004 4,680,100,000
2006 9,031,937,000
2007 9,776,253,000
2008 10,835,860,000
2009 9,530,874,000
2010 12,853,600,000
2011 13,362,460,000
2012 12,234,670,000
2013 12,665,490,000
2014 18,730,230,000
2015 20,931,480,000
2016 22,587,740,000
2017 26,368,770,000
2018 29,319,420,000
2019 30,780,170,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts