Papua New Guinea

Official Name: The Independent State of Papua New Guinea
Sovereign Status: Sovereign Country
Government Type: Parliamentary Democracy
Official Name (Local Language): Papuaniugini
ISO Country Codes: PG : PNG
Internet Domain: .pg
Government Web Site: http://www.pm.gov.pg/
Capital: Port Moresby Main Airports: Jacksons International Airport
Language(s): English; Hiri Motu; Tok Pisin Population: 7,399,757
Currency: Papua New Guinea Kina ISO Currency Code: PGK
Telephone Dial In: +675 ID Prefix: 05



Travel Guides:

Papua New Guinea

Government Website: http://www.pm.gov.pg/
Sovereign Ratings: https://countryeconomy.com/ratings/papua-new-guinea
Central Bank: Bank of Papua New Guinea
Currency USD Exchange Rate: 3.5131 kina (PGK) per US dollar (2020 est.)
Unemployment Rate: 2.5% (2017 est.)
Population below poverty line: 37% (2002 est.)
Inflation Rate: 5.4% (2017 est.)
Prime Lending Rate: 8.70% (2019 - World Bank)
GDP: $19.82 billion (2017 est.)
GDP Pro Capita (PPP): $4,355 (2019 est.)
Currency Name: Papua New Guinea Kina
Currency Code: PGK
World Bank Classification: Lower Middle Income

GDP Composition:

Agriculture: 22.3% coffee, cocoa, copra, palm kernels, tea, sugar, rubber, sweet potatoes, fruit, vegetables, vanilla; poultry, pork; shellfish
Industry: 37.6% copra crushing, palm oil processing, plywood production, wood chip production; mining (gold, silver, copper); crude oil and petroleum products; construction, tourism
Services: 40.1%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Port Moresby Stock Exchange Ltd. ;

National Statistics Office:

National Dataset(s):

Papua New Guinea


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English
Customs & Excise: Papua New Guinea Customs
Development Bank(s): Asian Development Bank; National Development Bank;
National Standards Bureau: National Institute of Standards and Industrial Technology
Competitive Ind’l Performance: N/A Corruption Perceptions Index: 142/180 (2020)
Ease of Doing Business: 120/190 (2019) Enabling Trade Index: N/A
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index



Export Credit & Insurance Show

Export Credit Agency: Caribbean Export Development Agency ;

Investment & Export Promotion Show

Investment Agency: Investment Promotion Authority ; Investment & Export Promotion Agency: Pacific Trade Invest ;



Regional Trade Agreements & Organisations: