Papua New Guinea Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Papua New Guinea; country and population overview
In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.
US$ 15.393 billion (2011 estimate)
18.39 billion of International dollars (2011 estimate)
| 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
| 0% | 2% | 4.4% | 0.6% | 3.9% | 2.3% | 7.2% | 6.6% |
| 2009 | 2010 | 2011 | 2012* | ||||
| 6.1% | 7.6% | 8.9% | 7.7% |
*Estimate
US$ 2,255 (2011 estimate)
$2,694 International Dollars (2011 estimate)
| 1980 | 1990 | 2000 | 2010 | 2015** |
| 0.02% | 0.02% | 0.02% | 0.02% | 0.03% |
**Forecast
(Data released on February 2012)
N/A
(Data released on March 2012)
| 2009 | 2010 | 2011 | 2012* |
| 6.9%(2008) | 6% | 8.4% | 6.8% |
*Estimate
| 2009 | 2010 | 2011 | 2012* |
| N/A | N/A | N/A(2009) | N/A |
*Estimate
N/A
(Data released on December 2011)
| 2008 | 2009 | 2010 | 2011 | 2012* |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
| 2008 | 2009 | 2010 | 2011* | 2012** |
| 2.5% | -9.6% | 2.9% | 0.8% | -2.4% |
*Estimate **Forecast
Standard & Poor's: B+
Moody's rating: B1
Moody's outlook: STA
(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)
| 2009 | 2010 | 2011 |
| US$12.21 billion | US$9.742 billion | US$8.999 billion |
US$ -4.7 billion (2011 estimate)(After 2008)
-30.5% of GDP (2011 estimate)(2009)
55.9% (2010)
(Data released on April 2012)
0.04%(2007)
(Data were released in 2012 and refer to 2011)
0.01% (2011)(2007)
(Data were released in 2012)
oil, gold, copper ore, logs, palm oil, coffee, cocoa, crayfish, prawns
machinery and transport equipment, manufactured goods, food, fuels, chemicals
Australia 31.2%, Japan 7.1%, China 6.1% (2011)
Australia 38.5%, Singapore 14.7%, China 7.3%, Malaysia 5.5%, Japan 5.2%, Indonesia 4.9%, US 4.9% (2011)
| 2009 | 2010 | 2011 | |
| US$423 million | US$29 million(2009) | US$-309 million(2009) |
| 2009 | 2010 | 2011 | |
| US$4 million | N/A | US$1 million |
| 2008 | 2009 | 2010 | 2011 |
| US$1,051 million | N/A(2009) | US$-4 million(2009) | N/A |
N/A
(for a monthly update on M&A; click here )
N/A(2008 estimate)
(for a monthly update on M&A; click here )
Overall ranking: 104 out of 185 countries(2009) (2013)
Subcategories:
Starting a business: 91 out of 185 countries(2009)
Enforcing Contracts: 166 out of 185 countries
Registering Property: 88 out of 185 countries
Getting credit: 83 out of 185 countries
Protecting investors: 49 out of 185 countries
Trading across border: 120 out of 185 countries
Paying Taxes: 106 out of 185 countries
Dealing with Construction Permits: 159 out of 185 countries
Getting Electricity: 23 out of 185 countries
Resolving Insolvency: 125 out of 185 countries
(2013)
N/A
(2012)
Ranking: 128 Score: 53.8 (Mostly Unfree) (2009)
(100=totally free 0=totally repressed )
constitutional parliamentary democracy and a Commonwealth realm (2009)
The three official languages are English, Tok Pisin, and Motu; there are approximately 860 other languages
Roman Catholic 27%, Evangelical Lutheran 19.5%, United Church 11.5%, Seventh-Day Adventist 10%, Pentecostal 8.6%, Evangelical Alliance 5.2%, Anglican 3.2%, Baptist 2.5%, other Protestant 8.9%, Bahai 0.3%, indigenous beliefs and other 3.3% (2000 census)
| 1980 | 1990 | 2000 | 2012* | 2017** |
| 2.96 million | 3.76 million | 5.13 million | 6.83 million | 7.72 million |
*Estimate **Forecast
| 1960 | 1980 | 2000 | 2011 |
| 3.7% | 13% | 13.2% | 12.5% |
57.40% (2008)
50.88 (1996)
(Data were released in 2011, 0=perfect equality, 100=absolute inequality)
Political Rights:4
Civil Liberties:3 (2011)
(1 represents the most free, 7 the least free)
36.07% (2011)
(sum of fixed telephone lines and mobile cellular subscribers)
2% (Data were released in 2012 and refer to 2011)
N/A
0.5191 (Data were released in 2012 and refer to 2009)
