Papua New Guinea World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Papua New Guinea	Rank
GDP	$23.5B	114
GDP growth, 1 year	0%	180
GDP growth, 5-years average	5%	32
Population	8.3M	100
GDP per capita	$2.7k	137
GDP per capita growth	-2.76%	184
Purchasing Power Parity conversion factor	2.06	115
Price level ratio of PPP conversion factor GDP to market exchange rate	0.63	56
GDP per capita, PPP adjusted	$3.7k	158
GNI, Atlas method	$22.1B	112
GNI per capita	$2.6k	134
GNI, PPP adjusted	$36.3B	120
GNI per capita, PPP adjusted	$4.2k	144

Financial system and Human development

Stat	Papua New Guinea	Rank
Income Tax Rate	42%	150
Corporate Tax Rate	30%	143
Inflation, consumer prices	4.7%	145
Inflation, GDP deflator	7.1%	151
Unemployment	2.4%	29
Economic Freedom Index	58.4	117
Personal Freedom Index	7.24	86
Human Freedom Index	6.99	85
Property Rights Index	54.9	96
Judical Effectiveness Index	48.4	68
Business Freedom Index	58.4	118
Fiscal Health Index	76.4	100
Labor Freedom Index	69.6	43
Investment Freedom Index	25	161
Financial Freedom Index	30	137
Trade Freedom Index	79.8	73
Monetary Freedom Index	70.7	144
Government Spending Index	86.4	35
Tax Burden Index	71.5	130
Government Integrity Index	29.7	129
Corruption Perceptions Index	28	156
Life expectancy at birth, years	64	162
Suicide mortality rate, per 100,000 people	6	80
Mortality caused by road traffic injury, per 100,000 people	14.2	88
Intentional homicides, per 100,000 people	7.9	144
International tourism, number of arrivals	140k	164

Government debt & reserves

Stat	Papua New Guinea	Rank
Central government debt, % of GDP	36.9%	137
External debt stocks, % of GNI	78.4%	20
External debt stocks	$17.7B	43
Short-term debt, % of total reserves	20.6%	60
Total debt service, % of exports and primary income	26.1%	19
Adjusted net savings including particulate emission damage, % of GNI	4.9%	104
Gross savings, % of GDP	30.4%	35
Gross capital formation, % of GDP	20%	126
Total reserves including gold	$2.2B	113
Foreign direct investment net inflows	$335.2M	120

Exports, imports and economic structure

Stat	Papua New Guinea	Rank
Exports of goods and services, % of GDP	72.2%	21
Imports of goods and services, % of GDP	58.9%	48
Current account balance (balance of payments)	$5.5B	27
Revenue excluding grants, % of GDP	15.9%	125
Grants excluding technical cooperation, BoP	$268.9M	69
Personal remittances received	$2.9M	177
Industry including construction value added, % of GDP	36.4%	29
Agriculture, forestry and fishing value added, % of GDP	17.6%	43
Charges for the use of intellectual property, payments BoP	$139k	153
Charges for the use of intellectual property, receipts BoP	N/A	-
Expense, % of GDP	19.1%	107
Government Expenditure, % of GDP	21.3%	144