Papua New Guinea - Price of Electricity
Since 2015, Papua New Guinea Price of Electricity fell by 8.2% year on year. In 2020, the country was number 21 among other countries in Price of Electricity with 28.9 US Cents per Kilowatthour. Papua New Guinea is overtaken by Saint Kitts and Nevis, which was ranked number 20 at 30.6 US Cents per Kilowatthour and is followed by Bahamas at 28.5 US Cents per Kilowatthour. Venezuela ranked the highest with 123.8 US Cents per Kilowatthour in 2020, that is -81.1% versus 2019. Solomon Islands, Antigua and Barbuda and Federated States of Micronesia respectively ranked number 2, 3 and 4 in this ranking. Slovenia witnessed the best average annual growth at +14.9% per year, while Venezuela recorded the worst performance at -33.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2020 | 28.90 |
| 2019 | 30.30 |
| 2018 | 31.50 |
| 2017 | 35.70 |
| 2016 | 40.10 |
How does Papua New Guinea rank in Price of Electricity?
| # | 183 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
123.80 | 2020 | -81.1 % | -33.5 % | View data | |
| 2 |
#2
Solomon Islands
|
71.60 | 2020 | +6.2 % | -6.2 % | View data | |
| 20 |
#20
Saint Kitts and Nevis
|
30.60 | 2020 | +3.0 % | -5.3 % | View data | |
| 21 |
#21
Papua New Guinea
|
28.90 | 2020 | -4.6 % | -8.2 % | View data | |
| 22 |
#22
Bahamas
|
28.50 | 2020 | +3.3 % | -6.5 % | View data | |