Oceania > Papua New Guinea > Economy

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Aid as % of GDP	7.2%		[40th of 129]
Consumer price index	145.63 %		[37th of 165]
DEFINITION: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. 2000 = 100		View time series
SOURCE: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Economic freedom	1.45		[128th of 156]
DEFINITION: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
SOURCE: World Development Indicators database
Exports > Goods and services	45%		[55th of 156]
DEFINITION: Exports of goods and services as a % of GDP, 2000
SOURCE: The Heritage Foundation
Exports > High technology	42%		[6th of 106]
DEFINITION: High-technology exports as % of manufactured export, 2000.
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Exports to US	$6,000,000.00		[140th of 224]
DEFINITION: in US dollars. Jan 2003 - March 2003
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
GDP > PPP	$14,425,000,000.00		[113rd of 163]
DEFINITION: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
SOURCE: US Census Bureau
GDP growth > annual %	3.3 annual %		[115th of 187]
DEFINITION: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.		View time series
SOURCE: World Bank. 2005. World Development Indicators 2005.
GDP per capita, PPP > current international $	2,562.91 PPP $		[111st of 169]
DEFINITION: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.		View time series
SOURCE: World Development Indicators database
GINI index	50.9		[9th of 40]
DEFINITION: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.		View time series
SOURCE: World Development Indicators database
Gross National Income	$3,026,100,000.00		[120th of 172]
DEFINITION: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
SOURCE: World Development Indicators database
Gross national income > constant LCU	3323058000
DEFINITION: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.		View time series
Human Development Index	0.523		[138th of 178]
DEFINITION: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
SOURCE: World Development Indicators database
Imports of goods, services and income > BoP, current US$	3,256,984,000 BoP $		[106th of 156]
DEFINITION: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.		View time series
SOURCE: Human Development Report 2006, United Nations Development Programme
Income category	Low income
DEFINITION: World Bank income categories are used
SOURCE: World Development Indicators database
Income distribution > Poorest 10%	1.7%		[88th of 114]
DEFINITION: Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.
SOURCE:
Income distribution > Richest 10%	40.5%		[18th of 114]
DEFINITION: Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Income distribution > Richest 20%	56.5%		[17th of 114]
DEFINITION: Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Total reserves minus gold > current US$	718,099,400 $		[114th of 178]
DEFINITION: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.		View time series
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Tourist arrivals by region of origin > Europe	4,155		[165th of 195]
SOURCE: World Development Indicators database		View time series

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