Papua New Guinea
General information
Capital: Port Moresby
Currency unit: Kina
Area: 462,840 km²
Total population: 10,576,500
GDP (millions of US dollars): 31,800
GDP per capita, PPP (current international US dollars): 4,875
Production
Agriculture (% of GDP): 17.9 %
Manufacture (% of GDP): 1.7 %
Industry excluding manufacture (% of GDP): 37.1 %
Services (% of GDP): 43.3 %
Trade
Total exports (millions of US dollars): 13,472
Total imports (millions of US dollars): 7,082
Main exported goods (% of total exports):
Natural gas, whether or not liquefied (38.6 %)
Gold, non-monetary (excluding gold ores and concentrates) (18.6 %)
Copper ores and concentrates; copper mattes, cemen (9.1 %)
Petroleum oils, oils from bitumin. materials, crude (6.0 %)
Fixed vegetable fats & oils (non mild) (5.9 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Papua New Guinea | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Papua New Guinea: 95 | 95 | |
| Real Effective Exchange Rate Papua New Guinea: 98 | 98 | |
| Internal Real Exchange Rate Papua New Guinea: 84 | 84 |