Papua New Guinea
PNGEast Asia & PacificLower middle incomeCapital: Port Moresby▶About Papua New Guinea
Papua New Guinea's GDP is $33.46B (2026), with a population of 10.6M, and GDP per capita of $2,560. Key indicators include real GDP growth of 3.5%, inflation at 4.6%, government debt at 50.0% of GDP, life expectancy of 66.1 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Situated in the East Asia & Pacific region, this lower middle-income economy is experiencing steady growth. The GDP is projected to reach 33.463 billion USD in 2026, with a growth rate of 3.5%. The GDP per capita is expected to be 2559.993 USD in the same year. The inflation rate is anticipated to be 4.6%, while unemployment stands at 2.571%. The economy is heavily reliant on its rich natural resources, particularly minerals and agriculture. The society is characterized by a diverse cultural landscape with over 850 indigenous languages. The population is approximately 10,576,502 as of 2024. Life expectancy is 66.134 years, reflecting ongoing health challenges. The capital, Port Moresby, serves as the political and economic hub. Traditional customs and practices remain integral to daily life, coexisting with modern influences.
▶Economy24 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary20 indicators · 2023–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 4.6% | 2027 | ▲ 0.0% | IMF |
| Govt Gross Debt (% of GDP) | 47.3% | 2027 | ▼ 5.4% | IMF |
| Fiscal Balance (% of GDP) | 0.0% | 2027 | ▲ 100.0% | IMF |
| Current Account Balance (% of GDP) | 11.3% | 2027 | ▼ 11.0% | IMF |
| Inflation, CPI (%, World Bank) | 0.6% | 2024 | ▼ 73.8% | WB |
| Real Interest Rate (%) | 13.3% | 2023 | ▲ 316.7% | WB |
| Lending Interest Rate (%) | 8.3% | 2023 | ▲ 4.4% | WB |
| Deposit Interest Rate (%) | 0.3% | 2023 | ▲ 35.1% | WB |
| Government Debt (% of GDP) | 52.4% | 2023 | ▲ 8.7% | WB |
| Government Revenue (% of GDP) | 16.9% | 2023 | ▲ 10.1% | WB |
| Government Expenditure (% of GDP) | 20.3% | 2023 | ▲ 4.5% | WB |
| Tax Revenue (% of GDP) | 15.9% | 2023 | ▲ 7.9% | WB |
| Taxes on Goods & Services (% of revenue) | 26.4% | 2023 | ▲ 13.9% | WB |
| Taxes on International Trade (% of revenue) | 3.4% | 2023 | ▼ 31.0% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 59.2% | 2023 | ▼ 2.4% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 1.9% | 2023 | ▼ 21.2% | WB |
| Total Reserves incl. Gold (USD) | $3.90B | 2023 | ▼ 2.0% | WB |
| Total Reserves (months of imports) | 4.4 | 2023 | ▼ 3.5% | WB |
| Official Exchange Rate (per USD) | 3.85 | 2024 | ▲ 7.3% | WB |
| PPP Conversion Factor | 2.38 | 2024 | ▲ 4.2% | WB |
▶Trade10 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Merchandise Exports (USD) | $13.40B | 2024 | ▲ 4.4% | WB |
| Merchandise Imports (USD) | $4.69B | 2024 | ▼ 13.4% | WB |
| FDI Inflows (% of GDP) | -0.6% | 2024 | ▼ 543.8% | WB |
| FDI Outflows (% of GDP) | 2.4% | 2024 | ▲ 126.0% | WB |
| FDI Net Inflows (USD) | $-198.3M | 2024 | ▼ 558.0% | WB |
| Personal Remittances Received (USD) | $3.9M | 2024 | ▼ 71.4% | WB |
| Personal Remittances Received (% of GDP) | 0.0% | 2024 | ▼ 72.3% | WB |
| High-Tech Exports (% of manufactured) | 10.2% | 2023 | ▼ 14.4% | WB |
| Current Account Balance (% of GDP) | 15.0% | 2024 | ▲ 65.3% | WB |
| Current Account Balance (USD) | $4.77B | 2024 | ▲ 70.6% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 41.9% | 2024 | ▼ 22.8% | WB |
| External Debt Stocks (USD) | $12.85B | 2024 | ▼ 17.0% | WB |
| Total Debt Service (% of GNI) | 19.7% | 2024 | ▼ 0.5% | WB |
| Present Value of External Debt (USD) | $6.36B | 2024 | — | WB |
| Use of IMF Credit (USD) | $1.25B | 2024 | ▲ 21.0% | WB |
| Net ODA Received (% of GNI) | 2.4% | 2023 | ▲ 8.1% | WB |
| Net ODA Received (USD) | $691.1M | 2023 | ▲ 3.5% | WB |
▶Finance5 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 36.5% | 2023 | ▲ 11.9% | WB |
| Domestic Credit to Private Sector (% of GDP) | 16.5% | 2023 | ▲ 9.8% | WB |
| Bank Capital to Assets Ratio (%) | 12.3% | 2023 | ▲ 35.1% | WB |
| Bank Nonperforming Loans (%) | 5.4% | 2023 | ▲ 13.3% | WB |
| Firms Using Banks to Finance Investment (%) | 37.4% | 2024 | — | WB |
▶Business Environment1 indicator · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 17 | 2024 | — | WB |
▶Private Sector6 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 43.4% | 2024 | — | WB |
| Firms with Female Top Manager (%) | 37.0% | 2024 | — | WB |
| Firms with Female Participation in Ownership (%) | 22.0% | 2024 | — | WB |
| Firms Offering Training (%) | 75.1% | 2024 | — | WB |
| Average Firm Age (years) | 21 years | 2024 | — | WB |
| Firms Using Computers (%) | 42.6% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 10.6M | 2024 | ▲ 1.8% | WB |
| Population Growth (%) | 1.8% | 2024 | ▼ 1.6% | WB |
| Population Density (per km²) | 23 | 2023 | ▲ 1.8% | WB |
| Surface Area (sq km) | 462,840 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 452,860 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 15.4% | 2024 | ▲ 2.3% | WB |
| Urban Population (total) | 1.6M | 2024 | ▲ 4.2% | WB |
| Rural Population (%) | 84.6% | 2024 | ▼ 0.4% | WB |
| Life Expectancy at Birth | 66.1 years | 2023 | ▲ 1.3% | WB |
| Life Expectancy, Male | 63.7 years | 2023 | ▲ 1.4% | WB |
| Life Expectancy, Female | 69.1 years | 2023 | ▲ 1.2% | WB |
| Fertility Rate (births per woman) | 3.1 | 2023 | ▼ 2.1% | WB |
| Birth Rate (per 1,000) | 24.6 | 2023 | ▼ 2.3% | WB |
| Death Rate (per 1,000) | 6.5 | 2023 | ▼ 4.8% | WB |
| Net Migration | -284 | 2025 | ▲ 59.8% | WB |
| Population Ages 0–14 (%) | 33.5% | 2024 | ▼ 1.0% | WB |
| Population Ages 15–64 (%) | 63.1% | 2024 | ▲ 0.3% | WB |
| Population Ages 65+ (%) | 3.5% | 2024 | ▲ 3.5% | WB |
| Age Dependency Ratio (%) | 58.6% | 2024 | ▼ 0.9% | WB |
| Old-Age Dependency Ratio (%) | 5.5% | 2024 | ▲ 3.1% | WB |
| Youth Dependency Ratio (%) | 53.1% | 2024 | ▼ 1.3% | WB |
| Mortality Rate, Adult Male (per 1,000) | 267.4 | 2023 | ▼ 6.4% | WB |
| Mortality Rate, Adult Female (per 1,000) | 176.6 | 2023 | ▼ 6.7% | WB |
▶Labor19 indicators · 2022–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 3.7M | 2025 | ▲ 2.5% | WB |
| Labor Force Participation (%) | 52.1% | 2025 | ▲ 0.2% | WB |
| Female Labor Force Participation (%) | 50.8% | 2025 | ▲ 0.2% | WB |
| Male Labor Force Participation (%) | 53.3% | 2025 | ▲ 0.2% | WB |
| Unemployment (%) | 2.6% | 2025 | ▼ 2.1% | WB |
| Female Unemployment (%) | 2.1% | 2025 | ▼ 2.2% | WB |
| Male Unemployment (%) | 3.0% | 2025 | ▼ 2.0% | WB |
| Youth Unemployment (%) | 3.8% | 2025 | ▲ 0.1% | WB |
| Employment in Agriculture (%) | 36.9% | 2025 | ▼ 1.6% | WB |
| Employment in Industry (%) | 7.9% | 2025 | ▲ 2.2% | WB |
| Employment in Services (%) | 55.3% | 2025 | ▲ 0.8% | WB |
| Self-Employed (%) | 52.0% | 2022 | — | WB |
| Vulnerable Employment (%) | 71.2% | 2025 | ▼ 0.3% | WB |
| Wage & Salaried Workers (% of total) | 21.3% | 2025 | ▲ 0.8% | WB |
| Employers (% of total employment) | 7.5% | 2025 | ▲ 0.0% | WB |
| Labor Force, Female (% of total) | 47.7% | 2025 | ▲ 0.1% | WB |
| Employment to Population Ratio (%) | 50.7% | 2025 | ▲ 0.3% | WB |
| Self-Employed (% of total) | 78.7% | 2025 | ▼ 0.2% | WB |
| NEET Youth (% not in education/employment) | 27.7% | 2022 | — | WB |
▶Education15 indicators · 2016–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 0.8% | 2023 | ▲ 21.6% | WB |
| Education Spending (% of govt expenditure) | 3.5% | 2023 | ▲ 20.6% | WB |
| Adult Literacy Rate (%) | 87.1% | 2022 | — | WB |
| Male Literacy Rate (%) | 90.5% | 2022 | — | WB |
| Youth Literacy Rate (%) | 91.9% | 2022 | — | WB |
| Primary School Enrollment (%) | 121.1% | 2023 | ▲ 9.0% | WB |
| Secondary School Enrollment (%) | 52.1% | 2023 | ▲ 13.6% | WB |
| Primary Completion Rate (%) | 82.7% | 2023 | ▲ 2.2% | WB |
| Lower Secondary Completion Rate (%) | 41.9% | 2023 | ▲ 17.7% | WB |
| Out-of-School Children, Primary | 53,289 | 2021 | ▲ 28.6% | WB |
| Out-of-School Girls, Primary | 24,839 | 2020 | — | WB |
| Primary School Teachers | 40,888 | 2023 | — | WB |
| Secondary School Teachers | 14,791 | 2016 | — | WB |
| Pupil-Teacher Ratio, Primary | 36 | 2016 | — | WB |
| Pupil-Teacher Ratio, Secondary | 34 | 2016 | — | WB |
▶Health40 indicators · 2010–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 0.5 | 2024 | ▼ 2.3% | WB |
| CO₂ Emissions (total kilotonnes) | 5 | 2024 | ▼ 0.6% | WB |
| Renewable Electricity Output (%) | 40.0% | 2021 | ▲ 0.1% | WB |
| Renewable Energy Consumption (%) | 54.6% | 2022 | ▲ 0.2% | WB |
| Access to Electricity (%) | 20.5% | 2023 | ▲ 7.9% | WB |
| Access to Clean Fuels for Cooking (%) | 10.5% | 2023 | ▲ 2.9% | WB |
| PM2.5 Air Pollution (µg/m³) | 17.3 | 2020 | — | WB |
| Forest Area (%) | 79.0% | 2023 | ▼ 0.1% | WB |
| Forest Area (sq km) | 357,552 | 2023 | ▼ 0.1% | WB |
| Arable Land (%) | 0.7% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 0.7% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.1% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 53.3% | 2024 | ▲ 1.8% | WHO |
| Access to Basic Sanitation (%) | 23.6% | 2024 | ▲ 1.5% | WHO |
▶Agriculture11 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 3.1% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 4,787 | 2023 | ▼ 0.8% | WB |
| Food Production Index (2014–2016=100) | 100.5 | 2022 | ▲ 0.5% | WB |
| Crop Production Index (2014–2016=100) | 99 | 2022 | ▲ 0.3% | WB |
| Livestock Production Index (2014–2016=100) | 107.7 | 2022 | ▲ 1.4% | WB |
| Land Under Cereal Production (hectares) | 3,910 | 2023 | ▲ 0.4% | WB |
| Total Fisheries Production (metric tonnes) | 229,184 | 2023 | ▼ 6.3% | WB |
| Fertilizer Consumption (kg per hectare) | 123.7 | 2023 | ▼ 14.1% | WB |
| Prevalence of Undernourishment (%) | 28.7% | 2023 | ▼ 0.3% | WB |
| Annual Freshwater Withdrawals (% of internal) | 0.0% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 18,720 | 2023 | ▼ 0.4% | WB |
▶Technology10 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 24.1% | 2023 | ▲ 1.4% | WB |
| Mobile Subscriptions (per 100 people) | 34 | 2023 | ▼ 30.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 0.2 | 2022 | ▲ 2.3% | WB |
| Secure Internet Servers (per million) | 88.1 | 2024 | ▲ 2.1% | WB |
| Patent Applications, Non-Residents | 29 | 2021 | ▼ 45.3% | WB |
| Scientific Journal Articles | 83 | 2022 | ▼ 0.4% | WB |
| High-Technology Exports (USD) | $18.8M | 2023 | ▲ 19.2% | WB |
| ICT Service Exports (% of service exports) | 0.3% | 2024 | ▲ 48.8% | WB |
| ICT Service Exports (USD) | $196,376 | 2024 | ▼ 72.6% | WB |
| Industrial Design Applications, Resident | 3 | 2020 | — | WB |
▶Infrastructure6 indicators · 2020–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 1.5M | 2023 | ▲ 4.9% | WB |
| Air Transport, Freight (million ton-km) | 7.1 | 2023 | ▼ 78.2% | WB |
| Container Port Traffic (TEU) | 204,518 | 2020 | — | WB |
| Logistics Performance Index (1–5) | 2.70 | 2022 | — | WB |
| Electricity from Oil (%) | 33.2% | 2021 | ▼ 0.1% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2016–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 2.7% | 2024 | ▲ 0.0% | WB |
| Female Labor Force Participation, 15+ (%) | 50.6% | 2022 | — | WB |
| Female Wage & Salaried Workers (%) | 14.5% | 2025 | ▲ 1.2% | WB |
| Girls Out-of-School Rate (%) | 124.3% | 2016 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 54.1 | 2023 | ▼ 1.7% | WB |
| Gender Parity Index, Primary | 127.75 | 2016 | — | WB |
| Gender Parity Index, Secondary | 0.80 | 2018 | — | WB |
| Gender Parity in Primary Education | 0.93 | 2018 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -0.66 | 2023 | ▲ 5.6% | WB |
| Government Effectiveness | -0.8 | 2023 | ▲ 1.0% | WB |
| Political Stability | -0.48 | 2023 | ▲ 27.4% | WB |
| Regulatory Quality | -0.64 | 2023 | ▲ 5.8% | WB |
| Rule of Law | -0.54 | 2023 | ▲ 12.4% | WB |
| Voice & Accountability | 0.01 | 2023 | ▲ 124.0% | WB |
| Control of Corruption (percentile rank) | 27.4% | 2023 | ▲ 5.5% | WB |
| Government Effectiveness (percentile rank) | 22.2% | 2023 | ▲ 2.2% | WB |
| Rule of Law (percentile rank) | 29.7% | 2023 | ▲ 5.0% | WB |
| Political Stability (percentile rank) | 27.0% | 2023 | ▲ 27.3% | WB |
▶Military5 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 0.3% | 2024 | ▼ 8.6% | WB |
| Military Expenditure (USD) | $91.0M | 2024 | ▼ 6.2% | WB |
| Armed Forces Personnel | 4,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.1% | 2020 | ▼ 2.3% | WB |
| Military Spending (% of govt expenditure) | 1.3% | 2024 | ▼ 9.0% | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.43 | 2020 | — | WB |
| Human Capital Index, Female | 0.43 | 2020 | — | WB |
| Human Capital Index, Male | 0.43 | 2020 | — | WB |
| Learning-Adjusted Years of School | 6.0 years | 2020 | — | WB |
▶Tourism5 indicators · 2018–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 39,000 | 2020 | — | WB |
| Tourism Receipts (USD) | $4.2M | 2018 | — | WB |
| Tourism Expenditures (USD) | $134.0M | 2018 | — | WB |
| Tourism Receipts (% of total exports) | 0.0% | 2018 | — | WB |
| International Tourism, Transport Services (USD) | $770,000 | 2018 | — | WB |
▶Urban Development6 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 4.1% | 2024 | ▲ 2.4% | WB |
| Population in Largest City | 431,903 | 2025 | ▲ 2.7% | WB |
| Population in Largest City (% of urban) | 25.4% | 2025 | ▼ 1.4% | WB |
| Population in Slums (% of urban) | 22.3% | 2022 | ▼ 2.3% | WB |
| Rural Population Growth (%) | 1.4% | 2024 | ▼ 4.2% | WB |
| Access to Safely Managed Sanitation (%) | 16.7% | 2024 | ▲ 1.7% | WHO |