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Papua New Guinea Papua New Guinea
Papua New Guinea

Papua New Guinea

Papua New Guinea (PNG; , also US: ; Tok Pisin: Papua Niugini; Hiri Motu: Papua Niu Gini; Torres Strait Creole: Dhaudhai Niu Gini; Meriam Mir: Op Deudai), officially the Independent State of Papua New Guinea (Tok Pisin: Independen Stet bilong Papua Niugini; Hiri Motu: Independen Stet bilong Papua Niu Gini), is a country in Oceania that comprises the eastern half of the island of New Guinea and its offshore islands in Melanesia (a region of the southwestern Pacific Ocean north of Australia). Its capital, located along its southeastern coast, is Port Moresby. It is the world's third largest island country with an area of 462,840 km2 (178,700 sq mi).At the national level, after being ruled by three external powers since 1884, Papua New Guinea established its sovereignty in 1975. This followed nearly 60 years of Australian administration, which started during World War I. It became an independent Commonwealth realm in 1975 with Elizabeth II as its queen. It also became a member of the Commonwealth of Nations in its own right. Papua New Guinea is one of the most culturally diverse countries in the world. As of 2019, it is also the most rural, as only 13.25% of its people live in urban centres. There are 851 know... [More]
  • Last : 56,540.59
  • High : 57,343.38
  • Low : 55,895.13
  • Max Fluctuation : 361.58
  • Max Fluctuation % : 0.76%
  • Open : 57,217.87
  • Time : 21:36:38
  • Yesterday : 57,217.87
  • Change % : 1.2%
  • Change : 677.28
  • Last : 1,762.82
  • High : 1,783.37
  • Low : 1,762.82
  • Max Fluctuation : 4.78
  • Max Fluctuation % : 0.24%
  • Open : 1,779.18
  • Time : 21:37:50
  • Yesterday : 1,779.27
  • Change % : 0.93%
  • Change : 16.45
  • Last : 65.99
  • High : 67.31
  • Low : 62.73
  • Max Fluctuation : 1.05
  • Max Fluctuation % : 5.2%
  • Open : 65.47
  • Time : 21:37:48
  • Yesterday : 65.44
  • Change % : 0.84%
  • Change : 0.55
  • Last : 0.885
  • High : 0.8853
  • Low : 0.8814
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8842
  • Time : 21:36:32
  • Yesterday : 0.8843
  • Change % : 0.08%
  • Change : 0.0007

Papua New Guinea Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/PGK Ask 4.176 4.0739 4.0721 4.176 0.00 0.00% 2021/12/02 Time 21:28
GBP/PGK Ask 4.862 4.795 4.7809 4.862 0.00 0.00% 2021/12/02 Time 21:28
USD/PGK Ask 3.6036 3.6232 3.6036 3.6232 0.00 0.00% 2021/12/02 Time 8:36
PGK/GBP Ask 0.2047 - 0.2047 0.2047 0.00 0.00% 2021/08/30 Time 12:29
AUD/PGK Ask 2.6076 - 2.6076 2.6076 0.00 0.00% 2021/08/14 Time 12:29

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric
Balance of Trade
5606.00 21 Mar 6330 75 : 7131 Quarterly Mar/21
Capital Flows
0 21 Mar -3032 -6985 : 1881 Quarterly
Consumer Price Index Cpi
0 21 Jun 154 90.8 : 158 Quarterly
Coronavirus Cases
0 21 Oct 28209 0 : 28487 Daily
Coronavirus Deaths
0 21 Oct 333 0 : 384 Daily
Coronavirus Recovered
0 21 Oct 9773 0 : 10312 Daily
Coronavirus Vaccination Rate
0 21 Oct 3.19 0 : 3.19 Daily
Coronavirus Vaccination Total
0 21 Oct 290513 0 : 290513 Daily
Corporate Tax Rate
30.00 21 Dec 30 25 : 30 Yearly
Corruption Index
0 20 Dec 28 20 : 29 Yearly
Corruption Rank
0 20 Dec 137 102 : 162 Yearly
Credit Rating
0 21 Oct : Monthly 27
Crude Oil Production
0 21 Jun 38 4 : 128 Monthly
Currency
3.51 21 Oct 3.51 2.04 : 3.54 Daily
Current Account
0 21 Mar 5786 -2266 : 6356 Quarterly
Current Account to GDP
16.90 20 Dec 20.4 -16.6 : 24.7 Yearly
Deposit Interest Rate
0.88 19 Dec 0.68 0.33 : 11.49 Yearly
Ease of Doing Business
0 19 Dec 108 95 : 141 Yearly
Exports
0 21 Mar 8369 623 : 10573 Quarterly
Food Inflation
4.90 21 Jun 1 -90.4 : 23.73 Quarterly
Foreign Direct Investment
0 21 Mar 110 -799 : 968 Quarterly
Foreign Exchange Reserves
0 21 Jun 2529 1609 : 3064 Monthly
GDP
23.59 20 Dec 24.83 0.23 : 24.83 Yearly
GDP Annual Growth Rate
-3.80 20 Dec 5.9 -6.34 : 13.5 Yearly
GDP Per Capita Ppp
4101.22 20 Dec 4350 2435 : 4350 Yearly
GDP per capita
2346.80 20 Dec 2489 1012 : 2489 Yearly
Gold Reserves
0 21 Jun 1.96 1.96 : 1.96 Quarterly
Government Budget
-8.10 20 Dec -5 -8.1 : 3.1 Yearly
Government Debt to GDP
48.90 20 Dec 40 16.3 : 48.9 Yearly Dec/20
IP Addresses
0 17 Mar 3252 824 : 4749 Quarterly
Imports
0 21 Mar 2039 518 : 3881 Quarterly
Inflation Rate
3.30 21 Jun 4.65 -1.61 : 23.16 Quarterly
Interest Rate
3.00 21 Sep 3 3 : 16 Daily
Internet Speed
0 17 Mar 8431 276 : 8431 Quarterly
Loan Growth
0 21 Apr 0.2 -5.1 : 17.7 Monthly
Military Expenditure
0 20 Dec 80.8 33.1 : 154 Yearly
Minimum Wages
140.80 21 Mar 141 22.96 : 141 Quarterly Mar/21
Personal Income Tax Rate
42.00 21 Dec 42 42 : 47 Yearly
Population
8.95 20 Dec 8.78 2.26 : 8.95 Yearly
Sales Tax Rate
10.00 21 Dec 10 10 : 10 Yearly
Social Security Rate
14.40 21 Dec 14.4 14.4 : 14.4 Yearly
Social Security Rate For Companies
8.40 21 Dec 8.4 8.4 : 8.4 Yearly
Social Security Rate For Employees
6.00 21 Jan 6 6 : 6 Yearly
Terrorism Index
0 19 Dec 1.36 0 : 2.04 Yearly
Unemployment Rate
2.70 20 Dec 2.4 2.4 : 2.9 Yearly
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade 5606.00 5234 5552 5552 5568 5511 Mar/21
Corporate Tax Rate 30.00 30 30 30 30 30
Currency 3.51 3.54 3.55 3.57 3.52 3.6
Current Account to GDP 16.90 19.5 19.5 19.5 18.6 19.5
Deposit Interest Rate 0.88 0.88 1.13 1.38 0.5 1.63
Food Inflation 4.90 3.3 3.3 3.3 3.6 3.3
GDP 23.59 26 26 26 26 26
GDP Annual Growth Rate -3.80 4 4 4 1.6 4
GDP Per Capita Ppp 4101.22 4320 4320 4320 4200 4320
GDP per capita 2346.80 2650 2650 2650 2500 2650
Government Budget -8.10 -5.3 -5.3 -5.3 -7.3 -5.3
Government Debt to GDP 48.90 52.1 52.1 52.1 51.5 52.1 Dec/20
Inflation Rate 3.30 3.8 3.5 4.4 4.4 4
Interest Rate 3.00 3.25 3.5 3.5 3 3.75
Minimum Wages 140.80 180 180 180 180 180 Mar/21
Personal Income Tax Rate 42.00 42 42 42 42 42
Population 8.95 9.12 9.12 9.12 9.12 9.29
Sales Tax Rate 10.00 10 10 10 10 10
Social Security Rate 14.40 14.4 14.4 14.4 14.4 14.4
Social Security Rate For Companies 8.40 8.4 8.4 8.4 8.4 8.4
Social Security Rate For Employees 6.00 6 6 6 6 6
Unemployment Rate 2.70 2.9 2.9 2.9 3.5 2.9