π΅π¬ Papua New Guinea
PG / PNG #54
Nomad Score
35.0
Cities
10
Region
Malay Archipelago,
Islands,
Oceania,
Oceania,
Melanesia
Currency
PGK
π KEY INDICATORS
GDP per capita (PPP) (2031)
$5,863
GDP (2031)
$42.8B
GDP Growth (2031)
3.1%
β
Inflation (2031)
4.5%
β
Unemployment (2025)
2.6%
β
Population (2031)
14.5M
Pop. Growth (2031)
2.1%
β
Gini Index (2009)
41.9
Govt Debt (2031)
34.4% of GDP
Current Account (2031)
10.4% 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 Subs (2024)
38.8/100
Exchange Rate (2024)
3.85/USD
Foreign Reserves (2024)
$3.7B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2031)
34.4% of GDP
Current Account (2031)
10.4% of GDP
FDI Inflows (2024)
-$198.3M
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2009)
0.42
Assessment
High inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2020)
0.68/1k
Tax Revenue (2023)
15.9% of GDP
Services Sector (2023)
42.0% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2022)
7.4
Bank Branches per 100k (2022)
1.4
ICT Service Exports (2024)
0.3%
Goods & Services Tax (2023)
6.0%
π HISTORICAL 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% | - | 14.5M | - | 34.4% | 10.4% | - | - | - | - | - |
| 2030 * | $40.3B | $5,640 | 3.1% | 4.5% | - | 14.2M | - | 37.2% | 10.5% | - | - | - | - | - |
| 2029 * | $38.3B | $5,478 | 3.1% | 4.5% | - | 13.9M | - | 40.1% | 10.7% | - | - | - | - | - |
| 2028 * | $36.7B | $5,346 | 3.2% | 4.5% | - | 13.6M | - | 43.2% | 11.4% | - | - | - | - | - |
| 2027 * | $35.0B | $5,209 | 3.8% | 4.4% | - | 13.3M | - | 46.4% | 11.6% | - | - | - | - | - |
| 2026 * | $34.4B | $5,230 | 3.8% | 5.0% | - | 13.1M | - | 49.2% | 13.7% | - | - | - | - | - |
| 2025 | $32.5B | $5,043 | 5.6% | 4.4% | 2.6% | 12.8M | - | 52.1% | 14.7% | - | - | - | - | - |
| 2024 | $30.8B | $4,875 | 3.9% | 0.6% | 2.6% | 12.5M | - | 53.3% | 15.6% | -$198.3M | 66.3 | - | 18.8% | 3.85 |
| 2023 | $30.7B | $4,668 | 3.8% | 2.3% | 2.7% | 12.3M | - | 53.9% | 9.1% | $43.3M | 66.1 | 2.9% | 18.6% | 3.59 |
| 2022 | $31.7B | $4,420 | 5.7% | 5.3% | 2.7% | 12.0M | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | - | 31.6% | 8.5% | $40.0M | 61.9 | 2.5% | 1.7% | 3.10 |
π§ CONTINUE EXPLORING PAPUA NEW GUINEA