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Papua New Guinea
Papua New Guinea (PNG), officially the Independent State of Papua New Guinea, is an island country in Oceania that comprises the eastern half of the island of New Guinea and offshore islands in Melanesia, a region of the southwestern Pacific Ocean north of Australia. It has a land border with Indonesia to the west and maritime borders with Australia to the south and the Solomon Islands to the east. Its capital is Port Moresby. The country's 462,840 km2 (178,700 mi2) includes a large mainland and hundreds of islands.
The eastern half of New Guinea was divided in 1884 between German New Guinea in the north and British New Guinea in the south, with the latter ceded to Australia in 1902 and reorganised as the Territory of Papua. Australia occupied German New Guinea during World War I and then administered the territory as a League of Nations mandate. The nation was the site of fierce fighting during the New Guinea campaign of World War II, following which the two territories were united in 1949. Papua New Guinea was granted independence as a Commonwealth realm in 1975. Representing the monarch is a governor-general. Politics take place within a Westminster system, with the government led by a prime minister. M... [More]
- Last : 82,505.33-
- High : 83,495.84-
- Low : 81,633.96-
- Max Fluctuation : 475.22-
- Max Fluctuation % : 1.2%-
- Open : 81,741.24-
- Time : 22:24:09-
- Yesterday : 81,741.24-
- Change % : 0.93%-
- Change : 764.09-
- Last : 4,197.49-
- High : 4,206.75-
- Low : 4,131.11-
- Max Fluctuation : 21.61-
- Max Fluctuation % : 1.16%-
- Open : 4,134.08-
- Time : 22:22:27-
- Yesterday : 4,134.37-
- Change % : 1.53%-
- Change : 63.12-
- Last : 81.73-
- High : 84.58-
- Low : 81.21-
- Max Fluctuation : --
- Max Fluctuation % : --
- Open : --
- Time : 20 Jul-
- Yesterday : -
- Change % : INF%-
- Change : 81.73-
- Last : 0.8925-
- High : 0.8937-
- Low : 0.8896-
- Max Fluctuation : --
- Max Fluctuation % : --
- Open : 0.8918-
- Time : 22:25:01-
- Yesterday : 0.8919-
- Change % : 0.07%-
- Change : 0.0006-
Papua New Guinea Currency Markets
Economic Indicators + Forecasts
Actual
Forecast
| Indicator | Last | Time | Previous | Metric |
|---|---|---|---|---|
Balance of Trade |
11365 | 26 Mar | 11760 | PGK Million |
Capital Flows |
6271 | 26 Mar | 7360 | PGK Million |
Consumer Price Index CPI |
184 | 26 Jun | 183 | points |
Corporate Tax Rate |
30 | 26 Dec | 30 | percent |
Corruption Index |
26 | 25 Dec | 31 | Points |
Corruption Rank |
142 | 25 Dec | 127 | |
Credit Rating |
27 | 26 Oct | ||
Crude Oil Production |
30 | 26 Jun | 30 | BBL/D/1K |
Currency |
4.53 | 26 Oct | 4.46 | |
Current Account |
7195 | 26 Mar | 8759 | PGK Million |
Current Account to GDP |
22.2 | 25 Dec | 20.8 | percent of GDP |
Deposit Interest Rate |
0.26 | 24 Dec | 0.33 | percent |
Exports |
16912 | 26 Mar | 17488 | PGK Million |
Food Inflation |
3.6 | 26 Jun | 0.7 | percent |
Foreign Direct Investment |
-3204 | 26 Mar | -3230 | PGK Million |
Foreign Exchange Reserves |
4303 | 26 Jul | 4108 | USD Million |
GDP |
32.5 | 25 Dec | 30.8 | USD Billion |
GDP Annual Growth Rate |
5.6 | 25 Dec | 3.9 | percent |
GDP per Capita |
2665 | 25 Dec | 2567 | USD |
GDP per Capita PPP |
4456 | 25 Dec | 4293 | USD |
Gold Reserves |
1.96 | 25 Sep | 1.96 | Tonnes |
Government Budget |
-2.4 | 25 Dec | -3.2 | percent of GDP |
Government Debt to GDP |
52 | 25 Dec | 51.1 | percent of GDP |
Imports |
5546 | 26 Mar | 5729 | PGK Million |
Inflation Rate |
2.2 | 26 Jun | 2.2 | percent |
Interest Rate |
5 | 26 Sep | 5 | percent |
Loan Growth |
4.5 | 26 Jun | 5.7 | percent |
Military Expenditure |
106 | 25 Dec | 91.5 | USD Million |
Minimum Wages |
141 | 26 Jun | 141 | PGK/Week |
Personal Income Tax Rate |
42 | 26 Dec | 42 | percent |
Population |
10.76 | 25 Dec | 10.58 | Million |
Terrorism Index |
0 | 25 Dec | 0 | Points |
Unemployment Rate |
2.6 | 25 Dec | 2.6 | percent |
| Indicator | Actual | Q1 | Q2 | Q3 | Q4 | Metric |
|---|---|---|---|---|---|---|
| Consumer Price Index CPI | 184 | 191.46 | 191.18 | 190.84 | 192.2 | points |
| Current Account to GDP | 22.2 | 22.5 | 22.7 | 24.2 | percent of GDP | |
| Food Inflation | 3.6 | 3 | 4 | 3.6 | 3.2 | percent |
| GDP | 32.5 | USD Billion | 33.54 | 34.88 | 37.01 | USD Billion |
| GDP Annual Growth Rate | 5.6 | 3.2 | percent | |||
| Government Debt to GDP | 52 | 50.5 | 50.9 | 52 | percent of GDP | |
| Inflation Rate | 2.2 | 4 | 5.1 | 4.4 | 4.4 | percent |
| Population | 10.76 | Million | 10.95 | 11.15 | 11.32 | Million |
| Unemployment Rate | 2.6 | 2.7 | percent |