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Papua New Guinea

Papua New Guinea · PNG · Oceania

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Papua New Guinea is a resource-rich Pacific island nation, known for its extreme cultural diversity and challenging geography. Its economy is dominated by mining, oil, and gas, alongside agriculture and forestry, but it faces significant governance issues, infrastructure deficits, and high levels of poverty.

Leadership

King Charles III

King (represented by Governor-General Sir Bob Dadae)

GOVERNMENT: Constitutional monarchy, parliamentary democracy

James Marape

Justin Tkatchenko

Rainbo Paita

Economy

GDP

$35.0B

GDP per Capita

$3.5K

GDP Growth

+4.0%

Inflation

5.5%

Unemployment

2.5%

Mining (gold, copper)Oil and gasAgriculture (coffee, cocoa, palm oil)ForestryFishing

Trade

Key Exports

GoldCopperOilNatural gasTimberPalm oil

Key Imports

Machinery and transport equipmentFoodstuffsChemicalsManufactured goodsFuel

Top Partners

AustraliaChinaJapanSingaporeSouth Korea

Headlines (8)

Times of IndiaAug 7

In 1934, scientists heard reports of mushrooms causing visions of tiny people; in 2026, DNA linked the phenomenon to one species in China and the Philippines

The New York TimesAug 7

Piece of Plane Flown by World War II Flying Ace Finally Comes Home

The Manila TimesAug 6

Kina789 Launches Online Gaming Platform for Players Across Papua New Guinea

The ConversationAug 6

Behind the betel nut smile: the quiet epidemic of oral cancer in Papua New Guinea

The GuardianAug 4

Wingtip from downed fighter jet flown by ace pilot brought to US museum

ABC (Australian Broadcasting Corporation)Jul 30

PNG capital Port Moresby at 'unnecessary risk' as landholders put urgent water works on hold

OilPriceJul 29

Taiwan Halts $800 Million in Spot LNG Buys From Papua New Guinea

ABC (Australian Broadcasting Corporation)Jul 29