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Papua New Guinea
Papua New Guinea · PNG · Oceania
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
Papua New Guinea is a resource-rich Pacific island nation, facing significant development challenges including high crime rates, corruption, and limited infrastructure. Its economy relies on mining, oil, gas, and agriculture, with potential for further resource development.
Leadership
King Charles III
King (represented by Governor-General Sir Bob Dadae)
GOVERNMENT: Parliamentary democracy, constitutional monarchy
James Marape
Justin Tkatchenko
Renbo Paita
Economy
GDP
$32.0B
GDP per Capita
$3.2K
GDP Growth
+4.5%
Inflation
4.5%
Unemployment
2.5%
Mining (gold, copper)Oil and gasAgriculture (coffee, cocoa, palm oil)ForestryFishing
Trade
Key Exports
OilGoldCopper oreTimberPalm oilCoffeeCocoa
Key Imports
Machinery and transport equipmentManufactured goodsFoodFuelsChemicals
Top Partners
AustraliaChinaJapanSingaporeSouth Korea