Papua New Guinea Unemployment Rate

Unemployment Rate in Papua New Guinea decreased to 1.90 percent in 2008 from 2.84 percent in 2000. Unemployment Rate in Papua New Guinea is reported by the Papua New Guinea National Statistics Office. From 2000 until 2008, Papua New Guinea Unemployment Rate averaged 2.4 Percent reaching an all time high of 2.8 Percent in December of 2000 and a record low of 1.9 Percent in December of 2008. In Papua New Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Papua New Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.90 2.84 2.84 1.90 1.89 | 2009/12 2000 - 2008 Percent Yearly

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Papua New Guinea Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 7.17 2012-12-31 7.01 7.17 1.97 7.33 2013-12-31 Million [+]
Unemployment Rate 1.90 2008-12-31 2.84 2.84 1.90 1.89 2009-12-31 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Papua New Guinea Inflation Rate at 3.50 Percent  
The inflation rate in Papua New Guinea was recorded at 3.50 percent in the third quarter of 2013. Inflation Rate in Papua New Guinea is reported by the Bank of Papua New Guinea.
Papua New Guinea Personal Income Tax Rate at 42.00 percent  
The Personal Income Tax Rate in Papua New Guinea stands at 42 percent. Personal Income Tax Rate in Papua New Guinea is reported by the Internal Revenue Commission, Papua New Guinea.
Papua New Guinea Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Papua New Guinea stands at 30 percent. Corporate Tax Rate in Papua New Guinea is reported by the Internal Revenue Commission, Papua New Guinea.
Papua New Guinea Sales Tax Rate at 10.00 Percent  
The Sales Tax Rate in Papua New Guinea stands at 10 percent. Sales Tax Rate in Papua New Guinea is reported by the Internal Revenue Commission, Papua New Guinea.
Papua New Guinea Balance of Trade at 511.00 PGK Million  
Papua New Guinea recorded a trade surplus of 511 PGK Million in the first quarter of 2013. Balance of Trade in Papua New Guinea is reported by the Bank of Papua New Guinea.
Papua New Guinea Interest Rate at 6.25 Percent  
The benchmark interest rate in Papua New Guinea was last recorded at 6.25 percent. Interest Rate in Papua New Guinea is reported by the Bank of Papua New Guinea.
Papua New Guinea Current Account at -1265.00 PGK Million  
Papua New Guinea recorded a Current Account deficit of 1265 PGK Million in the first quarter of 2013. Current Account in Papua New Guinea is reported by the Bank of Papua New Guinea.
Papua New Guinea Government Budget at -1.20 Percent of GDP  
Papua New Guinea recorded a Government Budget deficit equal to 1.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Papua New Guinea is reported by the Bank of Papua New Guinea.
Papua New Guinea GDP per capita at 1076.38 USD  
The Gross Domestic Product per capita in Papua New Guinea was last recorded at 1076.38 US dollars in 2012. The GDP per Capita in Papua New Guinea is equivalent to 9 percent of the worlds average. GDP per capita in Papua New Guinea is reported by the World Bank.
Papua New Guinea GDP per capita PPP at 2497.79 USD  
The Gross Domestic Product per capita in Papua New Guinea was last recorded at 2497.79 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Papua New Guinea, when adjusted by Purchasing Power Parity is equivalent to 11 percent of the worlds average. GDP per capita PPP in Papua New Guinea is reported by the World Bank.
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