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| Country | Papua New Guinea |
| Currency | kina (PGK) |
| Year | calendar year |
| Organs | WTO, APEC |
| Rank | 130th |
| Gdp | $14.93 billion (2010 est.) |
| Growth | 6.2% (2010 est.) |
| Per Capita | $2,500 (2010 est.) |
| Sectors | agriculture: 32.2%, industry: 35.7%, services: 32.1% (2010 est.) |
| Inflation | 6.8% (2010 est.) |
| Poverty | 37% (2002 est.) |
| Edbr | 103rd |
| Labor | 3.809 million (2010 est.) |
| Occupations | agriculture: 85%, industry: NA%, services: NA% (2005 est.) |
| Unemployment | 1.8% (2004) |
| Industries | copra crushing, palm oil processing, plywood production, wood chip production; mining of gold, silver, and copper; crude oil production, petroleum refining; construction, tourism |
| Exports | $5.976 billion (2010 est.) |
| Export-goods | oil, gold, copper ore, logs, palm oil, coffee, cocoa, crayfish, prawns |
| Export-partners | Australia 30.05%, Japan 7.48% (2009) |
| Imports | $3.547 billion (2010 est.) |
| Import-goods | machinery and transport equipment, manufactured goods, food, fuels, chemicals |
| Import-partners | Australia 43.27%, China 13.29%, Singapore 9.59%, US 6.4%, Japan 4.62% (2009) |
| Debt | $1.548 billion (31 December 2010 est.) |
| Revenue | $2.917 billion (2010 est.) |
| Expenses | $2.765 billion (2010 est.) |
| Credit | Standard & Poor's:
BB- (Domestic)
B+ (Foreign)
BB (T&C Assessment)
Outlook: Stable
Moody's:
B1
Outlook: Stable |
| Aid | no data |
| Cianame | pp |
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Papua New Guinea is richly endowed with natural resources, but exploitation has been hampered by the rugged terrain and the high cost of developing infrastructure. Agriculture provides a subsistence livelihood for the bulk of the population. Mineral deposits, including oil, copper, and gold, account for 72% of export earnings. Budgetary support from Australia and development aid under World Bank auspices have helped sustain the economy. In 1995, Port Moresby reached an agreement with the International Monetary Fund (IMF) and World Bank on a structural adjustment program, of which the first phase was successfully completed in 1996. In 1997, droughts caused by the El Niño weather pattern wreaked havoc on Papua New Guinea's coffee, cocoa, and coconut production, the mainstays of the agricultural-based economy and major sources of export earnings. The coffee crop was slashed by up to 50% in 1997. Despite problems with drought, the year 1998 saw a small recovery in GDP. Growth increased to 3.6% in 1999 and may be even higher in 2000, say 4.3%.
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