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Correction of Error – 2023 GDP

Correction of Error – 2023 GDP

Purpose:This is to formally notify users that the NSO has identified and corrected an error in the recent 2023 GDP release. The updated GDP is now available on the NSO website. Details:An error was identified in the estimate of 2023 Constant Price Extraction of Crude...

NSO reports a +3% growth GDP in 2023

NSO reports a +3% growth GDP in 2023

THERE HAS BEEN AN UPDATE - Please refer to the lastest post and GDP release The National Statistical Office (NSO) released the 2023 Gross Domestic Product (GDP) report on Thursday 7th November. This report provides a comprehensive overview of Papua New Guinea’s...

Minister Masere visits NSO

Minister Masere visits NSO

The newly appointed Minister for Administrative Services, Hon. Richard Masere made his first official visit to the National Statistical Office (NSO) on Tuesday the 23rd of January 2024. The visit was termed as a “meet and greet” meeting where he met with the National...

PNG Economy Bounces back from COVID

PNG Economy Bounces back from COVID

The National Statistical Office (NSO) recently released 2021 and 2022 Gross Domestic Product (GDP). The NSO notes that Constant Price GDP fell during the COVID years, with 2020 falling 3.2% and 2021 falling 0.8%. However, post COVID the PNG economy showed strong...