Papua New Guinea's Economic Growth to Moderate Amid Challenges and Geopolitical Risks ...Middle East

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Papua New Guineas Economic Growth to Moderate Amid Challenges and Geopolitical Risks
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Papua New Guinea (PNG) has shown impressive economic resilience following a strong recovery in 2024, with GDP growth of 4.3%. This growth, driven by both resource and non-resource sectors, reflects the nation’s potential despite various challenges, according to the Asian Development Outlook (ADO) 2025. However, economic growth is projected to moderate in the coming years, with a forecasted growth rate of 4.2% in 2025 and a further decline to 3.8% in 2026.

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