Papua New Guinea – Economic Data

GM ECONOMY · COUNTRY PROFILE

Papua New Guinea

Macroeconomic, fiscal, labour-market, external-sector and structural indicators with trends, data coverage and source quality at a glance.

COUNTRY: Papua New Guinea
REGION: Oceania
INCOME: Lower middle income
ISOPG / PNG
RegionOceania
SubregionPacific Islands
Income groupLower middle income
GM Economy ratingBBB68/100Good stability
Core indicator coverage12 / 12100% available
Profile data qualityAdequateBased on coverage, observation count and latest year
Country groupsAsia-Pacific · Pacific Islands · Asia Module

Core economic indicators

12 key series with latest values and short-term direction
GDP GrowthGood
5.64%
↑ Higher than previous observation · +1.75 pp
Latest 202565 obs. · 1961–2025
InflationGood
4.42%
↑ Higher than previous observation · +3.82 pp
Latest 202554 obs. · 1972–2025
UnemploymentGood
2.57%
↓ Lower than previous observation · -0.05 pp
Latest 202535 obs. · 1991–2025
Government DebtGood
52.01%
↓ Lower than previous observation · -0.37 pp
Latest 202424 obs. · 1990–2024
Current Account BalanceGood
15.48%
↑ Higher than previous observation · +6.41 pp
Latest 202449 obs. · 1976–2024
GDP per CapitaGood
3,019.53
↑ Higher than previous observation · +107.04
Latest 202566 obs. · 1960–2025
GDP PPPGood
56.13 billion
↑ Higher than previous observation · +4,443,182,509.35
Latest 202536 obs. · 1990–2025
Gross Capital FormationLimited
20.00%
↑ Higher than previous observation · +0.08 pp
Latest 200445 obs. · 1960–2004
ExportsLimited
72.16%
↑ Higher than previous observation · +2.75 pp
Latest 200444 obs. · 1961–2004
Foreign ReservesGood
3.71 billion
↓ Lower than previous observation · -192,424,619.23
Latest 202452 obs. · 1973–2024
Labor Force ParticipationGood
52.07%
↑ Higher than previous observation · +0.11 pp
Latest 202536 obs. · 1990–2025
PopulationGood
10.76 million
↑ Higher than previous observation · +186,315.00
Latest 202566 obs. · 1960–2025

GM Economy rating components

Analytical composite, not an official credit rating
Fiscal stability11.0 / 25
Macroeconomic stability18.0 / 20
External stability13.0 / 15
Financial robustness8.0 / 15
Structural stability10.0 / 15
Future capacity9.0 / 10
Demographic capacity2.0 / 5

Data quality

Coverage and recency of the core profile

Adequate profile quality with 100% core-indicator coverage.

10 good · 0 adequate · 2 limited series.

Coverage details

Latest year, time-series depth and source
IndicatorLatest yearObservationsCoverageQualitySource
GDP Growth2025651961–2025GoodWorld Bank / public data sources
Inflation2025541972–2025GoodWorld Bank / public data sources
Unemployment2025351991–2025GoodWorld Bank / public data sources
Government Debt2024241990–2024GoodWorld Bank / public data sources
Current Account Balance2024491976–2024GoodWorld Bank / public data sources
GDP per Capita2025661960–2025GoodWorld Bank / public data sources
GDP PPP2025361990–2025GoodWorld Bank / public data sources
Gross Capital Formation2004451960–2004LimitedWorld Bank / public data sources
Exports2004441961–2004LimitedWorld Bank / public data sources
Foreign Reserves2024521973–2024GoodWorld Bank / public data sources
Labor Force Participation2025361990–2025GoodWorld Bank / public data sources
Population2025661960–2025GoodWorld Bank / public data sources

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