Online Forum
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 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 known languages... [More]
  • Last : 59,084.4
  • High : 59,084.4
  • Low : 59,084.4
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 59,084.4
  • Time : 00:21:44
  • Yesterday : 59,084.8
  • Change % : 0%
  • Change : 0.4
  • Last : 1,831.13
  • High : 1,832.26
  • Low : 1,830.26
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 1,831.13
  • Change % : 0%
  • Change : 0
  • Last : 64.84
  • High : 64.9
  • Low : 64.68
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 64.84
  • Change % : 0%
  • Change : 0
  • Last : 0.8222
  • High : 0.8224
  • Low : 0.8217
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 0.8222
  • Change % : 0%
  • Change : 0

Papua New Guinea Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
GBP/PGK Ask 5.0389 - 5.0389 5.0472 0.00 0.00% 2021/05/08 Time 1:42
EUR/PGK Ask 4.3834 - 4.3834 4.3863 0.00 0.00% 2021/05/08 Time 1:21
USD/PGK Ask 3.6036 - 3.5714 3.6166 0.00 0.00% 2021/05/07 Time 5:36
AUD/PGK Ask 2.7262 - 2.7262 2.7262 0.00 0.00% 2021/05/06 Time 12:28
PGK/AUD Ask 0.366 - 0.366 0.366 0.00 0.00% 2021/05/06 Time 12:28

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

4898.00 20 Sep 4903 75 : 7131 Quarterly Sep/20

Capital Flows

0 20 Sep -3177 -6984 : 1881 Quarterly

Consumer Price Index Cpi

0 20 Dec 152 90.8 : 153 Quarterly

Coronavirus Cases

0 21 May 11407 0 : 11630 Daily May/21

Coronavirus Deaths

0 21 May 115 0 : 121 Daily May/21

Coronavirus Recovered

0 21 May 9773 0 : 10312 Daily May/21

Corporate Tax Rate

30.00 20 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 May : Monthly 27

Crude Oil Production

0 20 Dec 41 3.7 : 115 Monthly

Currency

3.51 21 May 3.51 2.04 : 3.54 Daily

Current Account

0 20 Sep 4158 -2266 : 6356 Quarterly

Current Account to GDP

16.90 20 Dec 20.4 -16.6 : 24.7 Yearly Dec/20

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 Sep 7264 623 : 10573 Quarterly

Food Inflation

1.60 20 Dec 2 -90.4 : 23.73 Quarterly

Foreign Direct Investment

0 20 Sep -398 -799 : 968 Quarterly

Foreign Exchange Reserves

0 20 Nov 2032 1609 : 3064 Monthly

GDP

24.97 19 Dec 23.41 0.23 : 24.97 Yearly

GDP Annual Growth Rate

-3.80 20 Dec 5.9 -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 Dec 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 20 Sep 2361 518 : 3881 Quarterly

Inflation Rate

5.10 20 Dec 4.9 -1.61 : 23.16 Quarterly Dec/20

Interest Rate

3.00 21 Apr 3 3 : 16 Daily Apr/21

Internet Speed

0 17 Mar 8431 276 : 8431 Quarterly

Loan Growth

0 20 Oct 5.3 -5.1 : 17.7 Monthly

Military Expenditure

0 19 Dec 80 32.4 : 151 Yearly

Minimum Wages

140.80 20 Sep 141 22.96 : 141 Quarterly Sep/20

Personal Income Tax Rate

42.00 20 Dec 42 42 : 47 Yearly

Population

8.95 20 Dec 8.78 2.26 : 8.95 Yearly Dec/20

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 19 Dec 1.36 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 4898.00 5234 5476 5476 5568 5511 Sep/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 16.90 18.6 18.6 19.5 18.6 19.5 Dec/20
Deposit Interest Rate 0.88 0.88 0.5 0.88 0.88 1.38
Food Inflation 1.60 3.1 3.6 3.6 3.1 3.3
GDP 24.97 26 26 26 26 26
GDP Annual Growth Rate -3.80 3.6 3.6 4 3.6 4
GDP Per Capita Ppp 4387.60 4200 4200 4200 4200 4320
GDP per capita 2505.10 2500 2500 2500 2500 2650
Government Budget -8.10 -7.3 -7.3 -5.3 -7.3 -5.3
Government Debt to GDP 48.90 51.5 51.5 52.1 51.5 52.1 Dec/20
Inflation Rate 5.10 4.2 4.4 3.8 4.8 4 Dec/20
Interest Rate 3.00 3 3 3.25 3 3.75 Apr/21
Minimum Wages 140.80 180 180 180 180 180 Sep/20
Personal Income Tax Rate 42.00 42 42 42 42 42
Population 8.95 9.12 9.12 9.12 9.12 9.29 Dec/20
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 2.9 3.5 2.9 Dec/19