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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), 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 sovereign state in Oceania that occupies 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. The western half of New Guinea forms the Indonesian provinces of Papua and West Papua. It is the world's third largest island country with 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. ... [More]
  • Last : 18,984.8
  • High : 19,329.3
  • Low : 18,347
  • Max Fluctuation : 114.3
  • Max Fluctuation % : 2.67%
  • Open : 18,914.6
  • Time : 18:27:46
  • Yesterday : 18,886.7
  • Change % : 0.52%
  • Change : 98.1
  • Last : 1,818.47
  • High : 1,832.33
  • Low : 1,807.6
  • Max Fluctuation : 3.06
  • Max Fluctuation % : 0.13%
  • Open : 1,814.69
  • Time : 18:27:53
  • Yesterday : 1,814.51
  • Change % : 0.22%
  • Change : 3.96
  • Last : 44.85
  • High : 44.92
  • Low : 43.92
  • Max Fluctuation : 0.22
  • Max Fluctuation % : 1.17%
  • Open : 44.55
  • Time : 18:27:53
  • Yesterday : 44.55
  • Change % : 0.67%
  • Change : 0.3
  • Last : 0.8279
  • High : 0.8306
  • Low : 0.8274
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8295
  • Time : 18:26:11
  • Yesterday : 0.8295
  • Change % : 0.19%
  • Change : 0.0016

Papua New Guinea Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/PGK Ask 4.3139 4.3089 4.1897 4.37 0.12 2.96% 2020/12/02 Time 18:14
GBP/PGK Ask 4.7518 4.7511 4.7511 4.8571 0.04 0.82% 2020/12/02 Time 18:14
USD/PGK Ask 3.5714 3.6036 3.5714 3.6166 0.03 0.90% 2020/12/02 Time 14:43
AUD/PGK Ask 2.5846 - 2.5846 2.5846 0.01 0.36% 2020/12/02 Time 2:07
PGK/AUD Ask 0.386 - 0.386 0.386 0.00 0.36% 2020/12/02 Time 2:07

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

6676.00 20 Jun 5877 75 : 6908 Quarterly Jun/20

Capital Flows

0 20 Jun -5404 -5684 : 1881 Quarterly

Consumer Price Index Cpi

0 20 Mar 145 90.8 : 147 Quarterly

Coronavirus Cases

0 20 Nov 645 0 : 655 Daily Dec/20

Coronavirus Deaths

0 20 Nov 6 0 : 7 Daily Nov/20

Coronavirus Recovered

0 20 Nov 585 0 : 588 Daily Dec/20

Corporate Tax Rate

30.00 20 Dec 30 25 : 30 Yearly

Corruption Index

0 19 Dec 28 20 : 29 Yearly

Corruption Rank

0 19 Dec 138 102 : 162 Yearly

Credit Rating

0 20 Nov : Monthly 30

Crude Oil Production

0 20 Jul 44 3.7 : 115 Monthly

Currency

3.51 20 Nov 3.51 2.04 : 3.54 Daily

Current Account

0 20 Jun 4465 -2266 : 5111 Quarterly

Current Account to GDP

26.70 18 Dec 22.5 -36.1 : 26.7 Yearly Dec/18

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 20 Jun 8723 623 : 10573 Quarterly

Food Inflation

2.40 20 Mar 2.4 -90.4 : 23.73 Quarterly

Foreign Direct Investment

0 20 Jun 547 -799 : 968 Quarterly

Foreign Exchange Reserves

0 20 Jun 2035 1609 : 3064 Monthly

GDP

24.97 19 Dec 23.41 0.23 : 24.97 Yearly

GDP Annual Growth Rate

5.00 19 Dec -1.8 -6.34 : 13.5 Yearly

GDP Per Capita Ppp

4387.60 19 Dec 4236 2440 : 4388 Yearly

GDP per capita

2505.10 19 Dec 2418 1012 : 2505 Yearly

Gold Reserves

0 20 Sep 2 1.96 : 2 Quarterly

Government Budget

-4.90 19 Dec -2.5 -7.8 : 3.1 Yearly

Government Debt to GDP

39.80 19 Dec 31.1 16.3 : 46.9 Yearly Dec/19

IP Addresses

0 17 Mar 3252 824 : 4749 Quarterly

Imports

0 20 Jun 2847 518 : 3881 Quarterly

Inflation Rate

3.10 20 Mar 2.7 -1.61 : 23.16 Quarterly Mar/20

Interest Rate

3.00 20 Sep 3 3 : 16 Daily Sep/20

Internet Speed

0 17 Mar 8431 276 : 8431 Quarterly

Loan Growth

0 20 Jun 8.2 -5.1 : 17.7 Monthly

Military Expenditure

0 18 Dec 71.9 31.8 : 148 Yearly

Minimum Wages

140.80 20 Jun 141 22.96 : 141 Quarterly Jun/20

Personal Income Tax Rate

42.00 20 Dec 42 42 : 47 Yearly

Population

8.42 19 Dec 8.61 2.26 : 8.61 Yearly Dec/19

Sales Tax Rate

10.00 20 Dec 10 10 : 10 Yearly

Social Security Rate

14.40 19 Dec 14.4 14.4 : 14.4 Yearly

Social Security Rate For Companies

8.40 19 Dec 8.4 8.4 : 8.4 Yearly

Social Security Rate For Employees

6.00 19 Dec 6 6 : 6 Yearly

Terrorism Index

0 18 Dec 2.04 0 : 2.04 Yearly

Unemployment Rate

2.40 19 Dec 2.4 2.4 : 2.9 Yearly Dec/19
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade 6676.00 5234 5552 5552 5568 5511 Jun/20
Corporate Tax Rate 30.00 30 30 30 30 30
Currency 3.51 3.53 3.54 3.55 3.52 3.57
Current Account to GDP 26.70 24 24 24 25 24 Dec/18
Deposit Interest Rate 0.88 0.88 0.88 1.38 0.5 0.5
Food Inflation 2.40 3 3.1 3.1 2.8 3.6
GDP 24.97 26 26 26 23 26
GDP Annual Growth Rate 5.00 3.2 3.2 3.2 -0.6 3.2
GDP Per Capita Ppp 4387.60 4200 4200 4200 4100 4200
GDP per capita 2505.10 2500 2500 2500 2400 2500
Government Budget -4.90 -3.5 -3.5 -3.5 -4 -3.5
Government Debt to GDP 39.80 41 41 41 41 42 Dec/19
Inflation Rate 3.10 3.4 3.5 3.5 3.3 3.5 Mar/20
Interest Rate 3.00 3 3.5 3.5 3 4 Sep/20
Minimum Wages 140.80 180 180 180 141 180 Jun/20
Personal Income Tax Rate 42.00 42 42 42 42 42
Population 8.42 9.12 9.12 9.12 8.95 9.12 Dec/19
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 2.40 3.5 3.5 3.5 4.5 3.5 Dec/19