1 Papua New Guinean Kina = 3.5402 Botswana Pula

1 Papua New Guinean Kina = 1.6711 Brazilian Real

1 Papua New Guinean Kina = 2.0102 Bolivian Boliviano

1 Papua New Guinean Kina = 0.412 Brunei Dollar

1 Papua New Guinean Kina = 0.1102 Bahraini Dinar

1 Papua New Guinean Kina = 0.5263 Bulgarian Lev

1 Papua New Guinean Kina = 24.777 Bangladeshi Taka

1 Papua New Guinean Kina = 0.4461 Australian Dollar

1 Papua New Guinean Kina = 19.3777 Argentine Peso

1 Papua New Guinean Kina = 0.5233 Netherlands Antillean Guilder

1 Papua New Guinean Kina = 1.0708 United Arab Emirates Dirham

1 Brunei Dollar = 2.4273 Papua New Guinean Kina

Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.

Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.

Better information and a willingness to tackle difficult issues are necessary to ensure a fit-for-purpose and accountable health system in Papua New Guinea.

To understand fragility and resilience in Papua New Guinea, look to history and the people living in the country’s most vulnerable areas.

The Highlands Region Road Improvement Investment Program, a multitranche financing facility (MFF), aimed to ensure the maintenance of the Highlands Core Road Network, comprising 2,500 kilometers (km) of major national and provincial roads. The MFF is funded through three tranches. The first tranche (Project 1) had six components. The physical component was improvements to 211 km of national roads. Two components supported the Department of Works (DOW) and the National Roads Authority (NRA) in project implementation.

The Asian Development Bank (ADB) country partnership strategy (CPS), 2016–2020 for Papua New Guinea (PNG) sought to assist the country in planning and implementing a successful conversion of its resource wealth into inclusive and environmentally sustainable economic growth. ADB’s sovereign program, comprising approved, completed, and ongoing loans, grants, and technical assistance (TA), totaled $2.11 billion during the period 2016 to May 2019. Transport was the sector receiving the largest amount of support (72% of total financing), followed by health (15%), and energy (9%). 

When it comes to finding fascinating species previously unknown to science, it turns out that forests of Papua New Guinea are a darn good place to look. Researchers have recently disclosed their

The OECD and Papua New Guinea's Internal Revenue Commission agreed today to gear up efforts to tackle tax base erosion and profit shifting by multinational enterprises in Papua New Guinea, through participation in the OECD/UNDP Tax Inspectors Without Borders initiative.

Imports from Papua New Guinea in Germany increased to 18631 EUR THO in February from 18439 EUR THO in January of 2020. Imports from Papua New Guinea in Germany averaged 17626.90 EUR THO from 2000 until 2020, reaching an all time high of 75807 EUR THO in November of 2018 and a record low of 2890 EUR THO in March of 2008. This page includes a chart with historical data for Germany Imports from Papua New Guinea.

IP Addresses in Papua New Guinea increased to 3633 IP in the first quarter of 2017 from 3252 IP in the fourth quarter of 2016. IP Addresses in Papua New Guinea averaged 3600.51 IP from 2007 until 2017, reaching an all time high of 4749 IP in the fourth quarter of 2011 and a record low of 824 IP in the third quarter of 2007. This page includes a chart with historical data for Papua New GuineaIP Addresses.

Precipitation in Papua New Guinea increased to 292.23 mm in December from 228.09 mm in November of 2015. Precipitation in Papua New Guinea averaged 254.16 mm from 1901 until 2015, reaching an all time high of 508.33 mm in December of 1920 and a record low of 62.20 mm in August of 1972. This page includes a chart with historical data for Papua New Guinea Average Precipitation.

Temperature in Papua New Guinea decreased to 25.56 celsius in December from 25.60 celsius in November of 2015. Temperature in Papua New Guinea averaged 24.46 celsius from 1882 until 2015, reaching an all time high of 25.93 celsius in March of 1942 and a record low of 21.78 celsius in July of 1923. This page includes a chart with historical data for Papua New Guinea Average Temperature.

Deposit Interest Rate in Papua New Guinea decreased to 0.50 percent in 2017 from 0.60 percent in 2016. Deposit Interest Rate in Papua New Guinea averaged 5.16 percent from 1980 until 2017, reaching an all time high of 11.49 percent in 1986 and a record low of 0.33 percent in 2013. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Papua New Guinea.

Papua New Guinea recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Papua New Guinea averaged -2 percent of GDP from 1998 until 2018, reaching an all time high of 3.10 percent of GDP in 2006 and a record low of -7.80 percent of GDP in 2013. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Papua New Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Papua New Guinea recorded a Current Account surplus of 26.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Papua New Guinea averaged 2.83 percent from 1994 until 2018, reaching an all time high of 26.70 percent in 2018 and a record low of -36.10 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Papua New Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Papua New Guinea recorded a government debt equivalent to 36.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Papua New Guinea averaged 32.86 percent from 1994 until 2018, reaching an all time high of 46.90 percent in 2001 and a record low of 16.30 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Papua New Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Papua New Guinea decreased to 59.90 USD Million in 2018 from 71.90 USD Million in 2017. Military Expenditure in Papua New Guinea averaged 86.91 USD Million from 1975 until 2018, reaching an all time high of 148 USD Million in 1994 and a record low of 31.80 USD Million in 1975.

The Social Security Rate For Employees in Papua New Guinea stands at 6 percent. In Papua New Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Papua New Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Papua New Guinea Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Papua New Guinea was last recorded at 2400.20 US dollars in 2018. The GDP per Capita in Papua New Guinea is equivalent to 19 percent of the world's average. GDP per capita in Papua New Guinea averaged 1665.29 USD from 1960 until 2018, reaching an all time high of 2448.70 USD in 2016 and a record low of 1012.40 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Papua New Guinea GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Papua New Guinea expanded 0.30 percent in 2018 from the previous year. GDP Annual Growth Rate in Papua New Guinea averaged 3.89 percent from 1995 until 2018, reaching an all time high of 12.50 percent in 2014 and a record low of -6.34 percent in 1997. Papua New Guinea, one of the poorest and most isolated countries in the world, has been growing consistently in recent years. Papua New Guinea is rich in natural resources, such as oil, gold and copper. Natural resource extraction, the most important sector of the economy, accounts for 60 percent of GDP and a large share of government revenues. Agriculture is also important, since it employs up to 85 percent of the population. Revenues from natural resource exploitation have resulted in high government spending and a construction boom. Yet, as the country suffers from endemic corruption and lacks a functioning legal system, inequality has been increasing. This page provides - Papua New Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Papua New Guinea was last recorded at 3821 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Papua New Guinea, when adjusted by Purchasing Power Parity is equivalent to 22 percent of the world's average. GDP per capita PPP in Papua New Guinea averaged 2962.67 USD from 1990 until 2018, reaching an all time high of 3898.20 USD in 2016 and a record low of 2217.80 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Papua New Guinea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Papua New Guinea remained unchanged at 1.96 Tonnes in the fourth quarter of 2019 from 1.96 Tonnes in the third quarter of 2019. Gold Reserves in Papua New Guinea averaged 1.96 Tonnes from 2000 until 2019, reaching an all time high of 2 Tonnes in the first quarter of 2018 and a record low of 1.96 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Papua New Guinea Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Papua New Guinea decreased to 1.36 in 2018 from 2.04 in 2017. Terrorism Index in Papua New Guinea averaged 0.35 from 2002 until 2018, reaching an all time high of 2.04 in 2017 and a record low of 0 in 2012. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The inflation rate in Papua New Guinea was recorded at 3.30 percent in the third quarter of 2019. Inflation Rate in Papua New Guinea averaged 6.95 percent from 1978 until 2019, reaching an all time high of 23.16 percent in the third quarter of 1995 and a record low of -1.61 percent in the third quarter of 2007. In Papua New Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Papua New Guinea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index Cpi in Papua New Guinea increased to 144.50 points in the third quarter of 2019 from 143.50 points in the second quarter of 2019. Consumer Price Index Cpi in Papua New Guinea averaged 127.73 points from 2014 until 2019, reaching an all time high of 144.50 points in the third quarter of 2019 and a record low of 108.80 points in the first quarter of 2014. This page provides - Papua New Guinea Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Papua New Guinea increased 3 percent in September of 2019 over the same month in the previous year. Food Inflation in Papua New Guinea averaged 4.21 percent from 1978 until 2019, reaching an all time high of 23.73 percent in the first quarter of 2003 and a record low of -90.40 percent in the fourth quarter of 2010. This page provides the latest reported value for - Papua New Guinea Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Papua New Guinea scored 28 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Papua New Guinea averaged 24.18 Points from 2003 until 2019, reaching an all time high of 29 Points in 2017 and a record low of 20 Points in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Papua New Guinea Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Papua New Guinea is the 137 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Papua New Guinea averaged 139.94 from 2003 until 2019, reaching an all time high of 162 in 2007 and a record low of 102 in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Papua New Guinea Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Papua New Guinea stands at 10 percent. In Papua New Guinea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Papua New Guinea stands at 30 percent. Corporate Tax Rate in Papua New Guinea averaged 28.75 percent from 1997 until 2020, reaching an all time high of 30 percent in 2003 and a record low of 25 percent in 1998. In Papua New Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the statutory rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Papua New Guinea remained unchanged at 2.40 percent in 2019 from 2.40 percent in 2018. Unemployment Rate in Papua New Guinea averaged 2.58 percent from 1991 until 2019, reaching an all time high of 2.90 percent in 2000 and a record low of 2.40 percent in 2007. In Papua New Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Papua New Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Papua New Guinea stands at 42 percent. Personal Income Tax Rate in Papua New Guinea averaged 42.76 percent from 2004 until 2020, reaching an all time high of 47 percent in 2005 and a record low of 42 percent in 2007. In Papua New Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Papua New Guinea decreased to 9191 PGK Million in the third quarter of 2019 from 9464 PGK Million in the second quarter of 2019. Exports in Papua New Guinea averaged 3708.94 PGK Million from 1997 until 2019, reaching an all time high of 10574 PGK Million in the fourth quarter of 2018 and a record low of 623 PGK Million in the fourth quarter of 1997. Commodities account for over 90 percent of Papua New Guinea's exports. Papua New Guinea mainly exports gold, oil, copper, coffee, cocoa, vegetable oils, fish and wood. Papua New Guinea's main exports partners are Australia, Japan, the Netherlands, Germany, China, South Korea, Philippines, Spain, the United Kingdom and the United States. This page provides - Papua New Guinea Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Papua New Guinea increased to 2515 PGK Million in the third quarter of 2019 from 2115 PGK Million in the second quarter of 2019. Imports in Papua New Guinea averaged 1713 PGK Million from 1997 until 2019, reaching an all time high of 3882 PGK Million in the fourth quarter of 2018 and a record low of 518 PGK Million in the first quarter of 1998. Papua New Guinea mainly imports fuel, rice, vehicles, heavy machinery, meat, iron and steel, and tires. Papua New Guinea's main imports partners are Australia, the United States, Singapore, China, Japan, New Zealand, Malaysia, Hong Kong and Indonesia. This page provides - Papua New Guinea Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Papua New Guinea recorded a trade surplus of 6676 PGK Million in the third quarter of 2019. Balance of Trade in Papua New Guinea averaged 1996.49 PGK Million from 1997 until 2019, reaching an all time high of 7349 PGK Million in the second quarter of 2019 and a record low of 75 PGK Million in the fourth quarter of 1997. As a major exporter of commodities, Papua New Guinea consistently runs trade surpluses. Papua New Guinea mainly exports gold, oil, copper, coffee, cocoa, vegetable oils, fish and wood. Papua New Guinea mainly imports fuel, rice, vehicles, heavy machinery, meat, iron and steel, and tires. Papua New Guinea's main trading partners are Australia, Japan, China, the United States, Singapore and the Netherlands. This page provides - Papua New Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Papua New Guinea remained unchanged at 140.80 PGK/Week in the third quarter of 2019 from 140.80 PGK/Week in the second quarter of 2019. Minimum Wages in Papua New Guinea averaged 70.33 PGK/Week from 1997 until 2019, reaching an all time high of 140.80 PGK/Week in the second quarter of 2014 and a record low of 22.96 PGK/Week in the second quarter of 1997. This page provides - Papua New Guinea Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.