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Papua New Guinea
Papua New Guinea ยท PNG ยท Oceania
25
Risk Score
Guardedโ 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
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