Papua New Guinea | Economic Indicators


Markets Last Reference Previous Range
Currency 2.77 Jul/15 2.77 0.92 : 3.32
GDP Last Reference Previous Range
GDP 15.41 USD Billion Dec/13 15.39 0.23 : 15.41
GDP Annual Growth Rate 8.4 percent Dec/14 5 -6.34 : 11.1
GDP per capita 1121 USD Dec/13 1085 528 : 1121
GDP per capita PPP 2558 USD Dec/13 2476 1607 : 2558
Labour Last Reference Previous Range
Unemployment Rate 2.1 percent Dec/13 2.4 1.9 : 3.1
Population 7.48 Million Dec/14 7.32 1.97 : 7.48
Minimum Wages 141 PGK/Week Jan/15 141 37.2 : 141
Prices Last Reference Previous Range
Inflation Rate 6.1 percent Mar/15 6.6 -1.61 : 23.16
Food Inflation 5.3 percent Mar/15 6.2 -90.4 : 23.73
Money Last Reference Previous Range
Interest Rate 6.25 percent Jun/15 6.25 6 : 16
Trade Last Reference Previous Range
Balance of Trade 4770 PGK Million Mar/15 4165 75 : 4770
Exports 6106 PGK Million Mar/15 6393 623 : 6959
Imports 1336 PGK Million Mar/15 2228 518 : 3243
Current Account 3912 PGK Million Mar/15 3180 -2266 : 3912
Current Account to GDP -11.4 percent Dec/14 -13.7 -17.5 : 13.91
Gold Reserves 1.96 Tonnes Mar/15 1.96 1.96 : 1.96
Crude Oil Production 49 BBL/D/1K Mar/15 49 3.7 : 115
Government Last Reference Previous Range
Government Budget -6.9 percent of GDP Dec/14 -7.8 -7.8 : 3.1
Government Debt to GDP 38.8 percent Dec/14 32.7 23.6 : 71.06
Credit Rating 35 :
Business Last Reference Previous Range
Corruption Index 25 Points Dec/14 25 20 : 26
Corruption Rank 145 Dec/14 144 102 : 162
Ease of Doing Business 133 Dec/14 113 95 : 133
Taxes Last Reference Previous Range
Corporate Tax Rate 30 percent Dec/15 30 25 : 30
Personal Income Tax Rate 42 percent Dec/15 42 42 : 47
Sales Tax Rate 10 percent Dec/15 10 10 : 10
Social Security Rate 16.4 percent Dec/14 16.4 16.4 : 16.4
Social Security Rate For Companies 10.4 percent Dec/14 10.4 10.4 : 10.4
Social Security Rate For Employees 6 percent Dec/14 6 6 : 6




Economic Indicators for Papua New Guinea including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Papua New Guinea economy. 7/29/2015