Nomad Watch
PG

Papua New Guinea

PG · PNG · #54 · 10 cities

Nomad score 31/100 Compare

Key indicators

GDP per capita (PPP) (2025)
$5,215
GDP (2025)
$32.5B
GDP growth (2025)
5.6% ↑
Inflation (2025)
4.4% ↑
Unemployment (2025)
2.6% ↓
Population (2025)
12.8M
Population growth (2025)
1.8% ↓
Gini index (2009)
41.9
Government debt (2025)
52.1% of GDP
Current account (2025)
14.7% of GDP
FDI inflows (2024)
-$198.3M
Life expectancy (2024)
66.3 yrs
Health spending (2023)
2.9% of GDP
Internet users (2024)
18.8%
Mobile subscriptions (2024)
38.8/100
Exchange rate (2025)
4.12/USD
Foreign reserves (2024)
$3.7B
Source: World Bank + IMF World Economic Outlook. Most recent observed data: 2025.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2025)
52.1% of GDP
Current account (2025)
14.7% of GDP
FDI inflows (2024)
-$198.3M

Income inequality (Gini)

Gini index (2009)
0.42
Assessment
High inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2020)
0.67/1k
Tax revenue (2024)
15.5% of GDP
Services sector (2024)
42.0% of GDP

Financial access and costs

ATMs per 100k (2022)
7.3
Bank branches per 100k (2022)
1.4
ICT service exports (2024)
0.3%
Goods and services tax (2024)
5.7%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $42.8B $5,863 3.1% 4.5% No data for this year 14.5M No data for this year 34.4% 10.4% No data for this year No data for this year No data for this year No data for this year No data for this year
2030 * $40.3B $5,640 3.1% 4.5% No data for this year 14.2M No data for this year 37.2% 10.5% No data for this year No data for this year No data for this year No data for this year No data for this year
2029 * $38.3B $5,478 3.1% 4.5% No data for this year 13.9M No data for this year 40.1% 10.7% No data for this year No data for this year No data for this year No data for this year No data for this year
2028 * $36.7B $5,346 3.2% 4.5% No data for this year 13.6M No data for this year 43.2% 11.4% No data for this year No data for this year No data for this year No data for this year No data for this year
2027 * $35.0B $5,209 3.8% 4.4% No data for this year 13.3M No data for this year 46.4% 11.6% No data for this year No data for this year No data for this year No data for this year No data for this year
2026 * $34.4B $5,230 3.8% 5.0% No data for this year 13.1M No data for this year 49.2% 13.7% No data for this year No data for this year No data for this year No data for this year No data for this year
2025 $32.5B $5,215 5.6% 4.4% 2.6% 12.8M No data for this year 52.1% 14.7% No data for this year No data for this year No data for this year No data for this year 4.12
2024 $30.8B $4,887 3.9% 0.6% 2.6% 12.5M No data for this year 53.3% 15.6% -$198.3M 66.3 No data for this year 18.8% 3.85
2023 $30.7B $4,672 3.8% 2.3% 2.7% 12.3M No data for this year 53.9% 9.1% $43.3M 66.1 2.9% 18.6% 3.59
2022 $31.7B $4,419 5.7% 5.3% 2.7% 12.0M No data for this year 48.2% 14.4% $1.2B 65.3 2.6% 18.3% 3.52
2021 $26.1B $3,977 -0.5% 4.5% 3.0% 11.8M No data for this year 52.6% 12.6% -$34.4M 64.4 2.3% 16.6% 3.51
2020 $23.8B $3,900 -3.2% 4.9% 2.9% 11.2M No data for this year 48.7% 14.4% $113.0M 65.1 2.3% 15.0% 3.46
2019 $24.8B $4,060 4.5% 3.9% 2.7% 10.7M No data for this year 38.2% 14.4% $335.6M 65.3 2.3% 13.6% 3.39
2018 $24.1B $3,910 -0.3% 4.4% 2.7% 10.2M No data for this year 36.7% 13.6% $306.6M 65.1 2.3% 12.4% 3.29
2017 $22.7B $3,923 3.5% 5.4% 2.6% 9.7M No data for this year 32.5% 15.9% -$179.3M 64.9 2.2% 11.2% 3.19
2016 $20.8B $3,813 5.5% 6.7% 2.5% 9.2M No data for this year 33.7% 13.6% -$39.1M 64.7 2.3% 9.6% 3.13
2015 $21.7B $3,670 6.6% 6.0% 2.5% 8.8M No data for this year 29.9% 11.1% $30.0M 64.5 1.8% 7.9% 2.77
2014 $23.2B $3,500 13.5% 5.2% 2.5% 8.4M No data for this year 26.9% 12.4% $29.4M 64.2 3.3% 6.5% 2.46
2013 $21.3B $3,110 3.8% 5.0% 2.7% 8.0M No data for this year 24.9% -23.9% $26.8M 63.9 3.0% 5.1% 2.24
2012 $21.3B $3,026 4.7% 4.5% 2.6% 7.6M No data for this year 19.1% -20.0% $28.8M 63.6 2.7% 3.5% 2.08
2011 $18.0B $2,919 1.1% 4.4% 2.6% 7.3M No data for this year 16.3% -9.6% $36.4M 63.4 2.3% 2.0% 2.37
2010 $14.3B $2,912 10.1% 5.1% 2.0% 6.7M No data for this year 17.3% -9.9% $35.6M 63.1 2.1% 1.3% 2.72
2009 $11.6B $2,692 6.8% 6.9% 2.1% 6.3M 41.9 21.7% -11.0% $420.0M 62.8 2.3% 1.6% 2.76
2008 $11.7B $2,583 -0.3% 10.8% 2.2% 6.2M No data for this year 21.6% 5.4% $47.9M 62.5 2.1% 1.2% 2.70
2007 $9.5B $2,622 7.8% 0.9% 2.2% 6.1M No data for this year 22.2% 2.5% $130.6M 62.2 2.4% 1.8% 2.97
2006 $8.4B $2,444 2.5% 2.4% 2.3% 5.9M No data for this year 26.0% -1.2% $128.5M 62.0 2.4% 1.8% 3.06
2005 $7.3B $2,322 4.3% 1.8% 2.4% 5.8M No data for this year 31.6% 8.5% $40.0M 61.9 2.5% 1.7% 3.10
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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