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Papua New Guinea: GNI (current US$)

In , Papua New Guinea's GNI (current US$) was $29.89 billion.

That's up 4.8% from 2023, the highest value on record.

The global average for this indicator in 2024 was $577.49 billion . Papua New Guinea ranks #109 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #15 of 29.

Source: World Bank Open Data (NY.GNP.MKTP.CD) • Data as of 2024

Trend (2005–2024)

Papua New Guinea GNI (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$29.89B
Trough
$4.53B
1-year change
+4.8%
5-year change
+29.9%
+5.4% / yr
10-year change
+31.1%
+2.7% / yr

Historical Data — Last 10 Years

Year GNI (current US$)
29.894B
28.522B
29.790B
24.519B
23.104B
23.014B
22.780B
21.663B
19.814B
20.305B

About GNI (current US$)

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: NY.GNP.MKTP.CDCategory: Economy

Frequently asked questions

What was Papua New Guinea's GNI (current US$) in 2024?
In 2024, Papua New Guinea's GNI (current US$) was $29.89 billion, according to World Bank Open Data.
Is Papua New Guinea's GNI (current US$) rising or falling?
Papua New Guinea's GNI (current US$) rose 4.8% from 2023 to 2024.
How does Papua New Guinea rank globally on GNI (current US$)?
In 2024, Papua New Guinea ranked #109 out of 190 countries reporting GNI (current US$).
How does Papua New Guinea's GNI (current US$) compare to the world average?
The global average for GNI (current US$) in 2024 was $577.49 billion, so Papua New Guinea is below the world average. Within East Asia & Pacific, it ranks #15 of 29.
What is GNI (current US$) and how is it measured?
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GNP.MKTP.CD), CC BY 4.0.