Papua New Guinea - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Papua New Guinea was 23,607,970,000 as of 2019. Over the past 13 years, the value for this indicator has fluctuated between 23,607,970,000 in 2019 and 12,463,600,000 in 2006.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2006 12,463,600,000
2007 13,379,900,000
2008 13,372,840,000
2009 14,314,870,000
2010 15,786,090,000
2011 16,068,450,000
2012 16,637,240,000
2013 17,253,110,000
2014 19,313,470,000
2015 20,755,290,000
2016 22,055,590,000
2017 22,705,050,000
2018 22,600,470,000
2019 23,607,970,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts