Papua New Guinea 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$31.65 billion
↑ 21.21% vs 2021GDP per Capita
$3,101.71
↑ 18.95% vs 2021GDP Growth (Annual %)
5.71%
↑ 6.22pp vs 2021Inflation Rate (CPI %)
5.25%
↑ 0.77pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $26.11 billion | $31.65 billion | +21.21% |
| GDP per Capita | $2,607.58 | $3,101.71 | +18.95% |
| GDP Growth (Annual %) | -0.51% | 5.71% | +6.22pp |
| Inflation (CPI %) | 4.48% | 5.25% | +0.77pp |
| Unemployment Rate (%) | 3.00% | 2.69% | -0.31pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $31.65 billion
- GDP per Capita
- $3,101.71
- GDP Growth (Annual %)
- 5.71%
- Gross National Income
- $29.78 billion
Prices & Employment
- Inflation (CPI %)
- 5.25%
- Inflation (GDP Deflator %)
- 15.03%
- Unemployment Rate (%)
- 2.69%
- Interest Rate (Real %)
- -6.12%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 14.43%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Papua New Guinea's Gross Domestic Product (GDP) is $31.65 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Papua New Guinea for 2022 is $3,101.71. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Papua New Guinea for 2022 is 5.25%. This measures the annual percentage change in the cost of consumer goods and services.
Papua New Guinea's annual GDP growth rate for 2022 is 5.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Papua New Guinea for 2022 is 2.69%. This represents the percentage of the labor force that is unemployed and actively seeking employment.