Key Market Indicators
Papua New Guinea's passenger transport revenue is projected to reach approximately $5.6 million by 2028. This marks a rise from the estimated $4.6 million in 2023, reflecting an average annual growth rate of 2.9%. Since 2008, the market has surged by 43%, signaling a robust upward trend. In 2023, Papua New Guinea ranked 72nd globally in passenger transport revenue, with Saint Vincent and the Grenadines narrowly ahead at $4.6 million. Leading the global rankings are Qatar, Ireland, and Russia, which secured the second, third, and fourth positions, respectively.
