Papua New Guinea | Economic Indicators


Markets Last Reference Previous Range
Currency 2.73 Jun/15 2.72 0.92 : 3.32
GDP Last Reference Previous Range
GDP 15.29 USD Billion Dec/13 15.65 0.23 : 15.65
GDP Annual Growth Rate 8.4 percent Dec/14 5 -6.34 : 11.1
GDP per capita 1111 USD Dec/13 1076 546 : 1111
GDP per capita PPP 2458 USD Dec/13 2382 1610 : 2458
Labour Last Reference Previous Range
Unemployment Rate 2.3 percent Dec/12 2.2 1.9 : 3.1
Population 7.32 Million Dec/13 7.17 1.97 : 7.32
Minimum Wages 128 PGK/Week Sep/14 128 37.2 : 128
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 May/15 6.25 6 : 16
Trade Last Reference Previous Range
Balance of Trade 1710 PGK Million Sep/14 1423 75 : 2278
Exports 3401 PGK Million Sep/14 3981 623 : 4506
Imports -1691 PGK Million Sep/14 -2558 -2558 : 3243
Current Account 874 PGK Million Sep/14 -195 -2266 : 1283
Current Account to GDP -17.5 percent Dec/12 -0.38 -17.5 : 13.91
Gold Reserves 1.96 Tonnes Mar/15 1.96 1.96 : 1.96
Crude Oil Production 49 BBL/D/1K Feb/15 48 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 30.8 percent Dec/13 24 23.6 : 71.06
Credit Rating 35 :
Business Last Reference Previous Range
Corruption Index 25 Points Jun/14 25 20 : 26
Corruption Rank 145 Jun/14 144 102 : 162
Ease of Doing Business 133 Dec/14 113 95 : 133
Taxes Last Reference Previous Range
Corporate Tax Rate 30 percent Jan/15 30 25 : 30
Personal Income Tax Rate 42 percent Jan/14 42 42 : 47
Sales Tax Rate 10 percent Jan/15 10 10 : 10
Social Security Rate 16.4 percent Jan/14 16.4 16.4 : 16.4
Social Security Rate For Companies 10.4 percent Jan/14 10.4 10.4 : 10.4
Social Security Rate For Employees 6 percent Jan/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. 7/2/2015