Papua New Guinea: Agriculture, forestry, and fishing, value added (constant 2015 US$)

Key figures

What the numbers say

In 2024, Papua New Guinea's agriculture, forestry, and fishing, value added (constant 2015 US$) rose 2.1% on 2023 (from US$4.57 billion to US$4.66 billion).

Across the 17 yearly changes before that (2007 to 2023), the average change was +2.3% and a typical year strayed about 2.3% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 6% in 2012 and the biggest yearly fall was 2.6% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about US$96.86 million a year. A straight line explains 98% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$4.92 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$25.4 million, against US$197.06 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Papua New Guinea had the 4th highest value of the 24 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Papua New Guinea in the 2024 ranking

• Japan — 1st of 24: US$39.7 billion
• New Zealand — 2nd of 24: US$8.88 billion
• Afghanistan — 3rd of 24: US$4.68 billion
• Bolivia — 5th of 24: US$4.5 billion
• Israel — 6th of 24: US$4.26 billion
• United Arab Emirates — 7th of 24: US$3.95 billion

What this measures

Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Agricultural production often must be estimated indirectly, using a combination of methods involving estimates of inputs, yields, and area under cultivation. This approach sometimes leads to crude approximations that can differ from the true values over time and across crops for reasons other than climate conditions or farming techniques.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 19 values

Agriculture, forestry, and fishing, value added (constant 2015 US$) in nearby economies

• Australia — US$39.96 billion (2025)
• Brunei Darussalam — US$152.2 million (2025)
• Cambodia — US$5.36 billion (2025)
• China — US$1.37 trillion (2025)
• Fiji — US$487.01 million (2025)
• Hong Kong SAR, China — US$158.22 million (2025)
• Indonesia — US$152.94 billion (2025)
• Japan — US$39.7 billion (2024)
• Kiribati

More economic policy & debt data for Papua New Guinea

• GDP (current US$) — US$32.5 billion (2025)
• GDP (current LCU) — 133.98 billion (2025)
• GDP (constant 2015 US$) — US$28.68 billion (2025)
• GDP (constant LCU) — 76.24 billion (2025)
• GDP per capita (current US$) — US$3,020 (2025)
• GDP per capita (current LCU) — 12,449 (2025)
• GDP per capita (constant 2015 US$) — US$2,665 (2025)
• GDP per capita (constant LCU) — 7,084 (2025)
• GNI (current US$) — US$30.16 billion (2025)
• GNI (current LCU) — 124.34 billion (2025)
• GNI per capita (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Papua New Guinea's agriculture, forestry, and fishing, value added (constant 2015 US$)?

US$4.66 billion in 2024, according to the World Bank (World Development Indicators).

Source

World Bank, World Development Indicators, indicator NV.AGR.TOTL.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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