Papua New Guinea GDP

The Gross Domestic Product (GDP) in Papua New Guinea was worth 12.94 billion US dollars in 2011. The GDP value of Papua New Guinea represents 0.02 percent of the world economy. GDP in Papua New Guinea is reported by the World Bank. Historically, from 1960 until 2011, Papua New Guinea GDP averaged 3.1 USD Billion reaching an all time high of 12.9 USD Billion in December of 2011 and a record low of 0.2 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for GDP in Papua New Guinea.