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Papua New Guinea Papua New Guinea
Papua New Guinea

Papua New Guinea

Papua New Guinea (abbreviated PNG; , also US: ), 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). It shares its only land border with Indonesia to the west and it is directly adjacent to Australia to the south and the Solomon Islands to the east. Its capital, located along its southeastern coast, is Port Moresby. The country 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, including nearly 60 years of Australian administration starting during World War I, Papua New Guinea established its sovereignty in 1975. 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. There are 839 known languages of Papua New Guinea, making it one of the most linguistically diverse countries in the world. It is also one of t... [More]
  • Last : 27,601.29
  • High : 27,873.78
  • Low : 27,347.79
  • Max Fluctuation : 217.11
  • Max Fluctuation % : 0.93%
  • Open : 27,843.21
  • Time : 03:20:13
  • Yesterday : 27,843.21
  • Change % : 0.88%
  • Change : 241.92
  • Last : 1,824.68
  • High : 1,829.2
  • Low : 1,821.29
  • Max Fluctuation : 3.78
  • Max Fluctuation % : 0.13%
  • Open : 1,827.62
  • Time : 03:20:00
  • Yesterday : 1,827.6
  • Change % : 0.16%
  • Change : 2.92
  • Last : 88.62
  • High : 88.72
  • Low : 88.4
  • Max Fluctuation : 0.07
  • Max Fluctuation % : 0.19%
  • Open : 88.72
  • Time : 03:20:00
  • Yesterday : 88.72
  • Change % : 0.11%
  • Change : 0.1
  • Last : 0.9545
  • High : 0.9547
  • Low : 0.9523
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9543
  • Time : 03:20:26
  • Yesterday : 0.9543
  • Change % : 0.02%
  • Change : 0.0002

Papua New Guinea Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
USD/PGK Ask 3.7665 3.7442 3.7442 3.7665 0.00 0.00% 2023/10/03 Time 0:47
GBP/PGK Ask 4.5501 - 4.5501 4.5755 0.00 0.00% 2023/10/02 Time 23:15
EUR/PGK Ask 3.944 - 3.944 3.956 0.00 0.00% 2023/10/02 Time 17:03
PGK/GBP Ask 0.2226 - 0.2226 0.2226 0.00 0.00% 2022/06/01 Time 16:05
AUD/PGK Ask 2.5642 - 2.5642 2.5642 0.00 0.00% 2022/06/01 Time 16:05
PGK/AUD Ask 0.3895 - 0.3895 0.3895 0.00 0.00% 2022/06/01 Time 16:05

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
10089 23 Mar 10483 PGK Million
Capital Flows
-8700 23 Mar -17340 PGK Million
Consumer Price Index CPI
166 23 Mar 167 points
Coronavirus Cases
46864 23 May 46849 Persons
Coronavirus Deaths
662 22 Jul 658 Persons
Coronavirus Vaccination Rate
7.27 23 May 7.23 doses per 100 people
Coronavirus Vaccination Total
737695 23 May 733363 doses
Corporate Tax Rate
30 23 Dec 30 percent
Corruption Index
30 22 Dec 31 Points
Corruption Rank
130 22 Dec 124
Credit Rating
27 23 Jul
Crude Oil Production
32 23 May 33 BBL/D/1K
Currency
3.65 23 Sep 3.65
Current Account
9479 23 Mar 7586 PGK Million
Current Account to GDP
22.1 22 Dec 20 percent of GDP
Deposit Interest Rate
0.24 22 Dec 0.28 percent
Ease of Doing Business
120 19 Dec 108
Exports
11845 23 Mar 12944 PGK Million
Food Inflation
8.7 23 Mar 9.5 percent
Foreign Direct Investment
-726 23 Mar 54.3 PGK Million
Foreign Exchange Reserves
3860 23 Apr 3918 USD Million
GDP
30.63 22 Dec 26.31 USD Billion
GDP Annual Growth Rate
3.7 22 Dec 0.1 percent
GDP per capita
2471 22 Dec 2408 USD
GDP per capita PPP
3766 22 Dec 3670 USD
Gold Reserves
1.96 23 Jun 1.96 Tonnes
Government Budget
-5.6 22 Dec -8.5 percent of GDP
Government Debt to GDP
49.8 22 Dec 51.6 percent of GDP
IP Addresses
3633 17 Mar 3252 IP
Imports
1756 23 Mar 2460 PGK Million
Inflation Rate
1.68 23 Mar 3.41 percent
Interest Rate
3 23 Sep 3.5 percent
Internet Speed
7028 17 Mar 8431 KBps
Loan Growth
11.5 23 Mar 14.8 percent
Military Expenditure
97.5 22 Dec 88.7 USD Million
Minimum Wages
141 23 Mar 141 PGK/Week
Personal Income Tax Rate
42 23 Dec 42 percent
Population
10.14 22 Dec 9.95 Million
Terrorism Index
0 22 Dec 0 Points
Unemployment Rate
2.8 22 Dec 2.8 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 166 175 171 171 173 points
Currency 3.65 3.68 3.7 3.72 3.75
Current Account to GDP 22.1 21 19 17 percent of GDP
Deposit Interest Rate 0.24 0.28 percent
Food Inflation 8.7 5 3.8 3 4.2 percent
GDP 30.63 31.09 31.71 32.54 USD Billion USD Billion
GDP Annual Growth Rate 3.7 1.5 percent
GDP per capita 2471 2508 2558 2625 USD USD
GDP per capita PPP 3766 3822 3899 4000 USD USD
Government Budget -5.6 -3.2 percent of GDP
Government Debt to GDP 49.8 48.5 47.6 46.5 percent of GDP
Inflation Rate 1.68 4.5 3.5 3 4.2 percent
Population 10.14 9.3 9.4 9.5 Million Million
Unemployment Rate 2.8 2.5 percent