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Papua New Guinea Papua New Guinea
Papua New Guinea

Papua New Guinea

Papua New Guinea, officially the Independent State of Papua New Guinea, 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 its other close neighbors are Australia to the south and the Solomon Islands to the east. Its capital, located on its southern 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). Split in the 1880's between German New Guinea in the North and the British Territory of Papua in the South, all of present-day Papua New Guinea came under Australian control following World War I, with the legally distinct Territory of New Guinea being established out of the former German colony as a League of Nations mandate. The nation was the site of fierce fighting during the New Guinea campaign of World War II. Papua New Guinea became an independent Commonwealth realm in 1975 with Elizabeth II as its Queen. Since Elizabeth II's death in 2022, Charles III has been the King. There are 839 known languages of Papua New Guinea, making it the m... [More]
  • Last : 67,400.37
  • High : 68,126.11
  • Low : 67,260.82
  • Max Fluctuation : 195.27
  • Max Fluctuation % : 1.08%
  • Open : 68,106.30
  • Time : 07:56:18
  • Yesterday : 68,106.30
  • Change % : 1.05%
  • Change : 705.93
  • Last : 2,399.16
  • High : 2,403.85
  • Low : 2,395.11
  • Max Fluctuation : 3.14
  • Max Fluctuation % : 0.09%
  • Open : 2,397.6
  • Time : 07:57:34
  • Yesterday : 2,397.59
  • Change % : 0.07%
  • Change : 1.57
  • Last : 78.39
  • High : 78.58
  • Low : 78.22
  • Max Fluctuation : 0.24
  • Max Fluctuation % : 0.17%
  • Open : 78.34
  • Time : 07:49:58
  • Yesterday : 78.36
  • Change % : 0.04%
  • Change : 0.03
  • Last : 0.918
  • High : 0.9186
  • Low : 0.9178
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9186
  • Time : 07:52:04
  • Yesterday : 0.9186
  • Change % : 0.07%
  • Change : 0.0006

Papua New Guinea Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
GBP/PGK Ask 5.1608 5.1663 5.1608 5.1663 0.01 0.11% 2024/07/23 Time 6:09
USD/PGK Ask 3.9916 3.974 3.974 3.9916 0.02 0.44% 2024/07/23 Time 4:48
EUR/PGK Ask 4.347 - 4.343 4.347 0.00 0.00% 2024/07/22 Time 15:45
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
7949 75 9769 10400
Capital Flows
3703 -4497 7709 13678
Consumer Price Index CPI
170 90.8 174 174
Coronavirus Cases
46864 0 46849 46864
Coronavirus Deaths
662 0 658 662
Coronavirus Vaccination Rate
7.27 0 7.23 7.27
Coronavirus Vaccination Total
737695 0 733363 737695
Corporate Tax Rate
30 25 30 30
Corruption Index
29 20 30 31
Corruption Rank
133 102 130 162
Credit Rating
27 23 Jul
Crude Oil Production
31 4 31 128
Currency
3.91 0.25 3.92 3.93
Current Account
3490 -2266 8317 8317
Current Account to GDP
16.1 -16.6 22.1 24.7
Deposit Interest Rate
0.34 0.25 0.25 11.49
Ease of Doing Business
120 19 Dec 108
Exports
10429 623 11833 13521
Food Inflation
4.4 -90.4 5.5 23.73
Foreign Direct Investment
-21.1 -799 -726 1102
Foreign Exchange Reserves
3413 1609 3555 4132
GDP
30.93 0.23 31.6 31.6
GDP Annual Growth Rate
2.7 -6.34 5.2 13.5
GDP per capita
2483 1319 2463 2603
GDP per capita PPP
4153 3064 4119 4354
Gold Reserves
1.33 1.33 1.33 1.96
Government Budget
-4.4 -8 -5.4 3.1
Government Debt to GDP
49.8 16.3 51.6 51.6
IP Addresses
3633 17 Mar 3252 IP
Imports
2480 518 2064 5744
Inflation Rate
2.55 -1.61 3.86 23.16
Interest Rate
2.5 2 2.5 16
Internet Speed
7028 17 Mar 8431 KBps
Loan Growth
17.3 -5.1 13.3 31.5
Military Expenditure
97.5 22 Dec 88.7 USD Million
Minimum Wages
141 22.96 141 141
Personal Income Tax Rate
42 42 42 47
Population
10.14 2.26 9.95 10.14
Terrorism Index
0 0 0 1.19
Unemployment Rate
2.7 2 2.8 3.2
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 170 173.56 177.61 180.54 180.2 174
Current Account to GDP 16.1 17.7 14.3 12.3 24.7
Food Inflation 4.4 3 3.6 3.6 4 23.73
GDP 30.93 33 33.25 33.93 USD Billion 31.6
GDP Annual Growth Rate 2.7 2 13.5
GDP per capita 2483 2512 2577 2644 USD 2603
GDP per capita PPP 4153 3828 3928 4030 USD 4354
Government Budget -4.4 -3.2 3.1
Government Debt to GDP 49.8 47.6 46.5 46.5 51.6
Inflation Rate 2.55 3 3.5 3.5 3.8 23.16
Population 10.14 9.4 9.5 9.5 Million 10.14
Unemployment Rate 2.7 2.8 3.2
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