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Port Moresby, the capital of Papua New Guinea

Photo: eGuide Travel · CC BY 2.0 · via Wikimedia Commons, shown in greyscale

Economy & Innovation

147th

of 176 countries placed

Placed from 3 of 4 key statistics

01The evidence

The 4 key statistics that decide it

Only these place Papua New Guinea on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.

Why these keys
  1. Key 1 of 4

    GDP per Capita (PPP)

    World Bank Group

    Why it is a key

    2025 edition · data for 2025 · CC BY 4.0

    4,456

    GDP per capita (constant 2021 international $, PPP)

    Higher is better

    Papua New Guinea: 4,456. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.

    World median
    17,265
    Best in Melanesia
    13,961 Fiji
    Land neighbours
    Indonesia 15,091
  2. Key 2 of 4

    Firms with a Bank Loan or Line of Credit

    World Bank Group

    Why it is a key

    Latest reading per country, 2016–2025 · Papua New Guinea’s is from 2024 · CC BY 4.0

    28.21

    Firms with a bank loan or line of credit (%)

    Higher is better

    Papua New Guinea: 28.21. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.

    World median
    35.95
    Best in Melanesia
    53.8 Fiji
    Land neighbours
    Indonesia 19.99
  3. Key 3 of 4

    Economic Complexity Index

    Growth Lab at Harvard University

    Why it is a key

    2024 edition · data for 2024 · CC0 1.0

    -2.137

    ECI score (standardised, roughly −3 to +3)

    Higher is better

    Ranked 139th of 145 by Growth Lab at Harvard University

    Papua New Guinea: -2.137. Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.

    World median
    0.131
    Best in Melanesia
    -2.137 Papua New Guinea
    Land neighbours
    Indonesia 0.223
  4. Key 4 of 4

    Account Ownership at a Financial Institution

    World Bank Group

    Why it is a key

    2024 edition · data for 2024 · CC BY 4.0

    No reading

    Adults with an account (% of population aged 15+)

    Higher is better

    World Bank Group publishes no 2024 figure for Papua New Guinea, so the standing rests on the other keys.

    Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.

    World median
    72.83
    Land neighbours
    Indonesia 56.33

03In context

Papua New Guinea beside its neighbours

A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.

Melanesia
1st176thNot placed · 48 countries with too few key statisticsNo data

The whole world on economy & innovation

Papua New Guinea and the countries it borders

Standing among all 176; the key columns are the publishers’ own values.

CountryStandingGDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP)Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%)Economic Complexity IndexECI score (standardised, roughly −3 to +3)Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+)
Indonesia=110th15,09119.990.22356.33
Papua New Guinea147th4,45628.21-2.137—

“—”: no published reading in that edition. What a standing is

Across Melanesia

Every country in the sub-region, by its place among all 176.

Placed either side on economy & innovation

The countries immediately above and below Papua New Guinea in the topic’s list.

04Context, no vote

Where Papua New Guinea is ahead of the world, and behind

34 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.

Every country

Ahead of the world median5

Statistics on which Papua New Guinea does better than the middle country measured.

  • Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.438.39No earlier reading

    Papua New Guinea: 38.39 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 45.77; higher is better.

    Chart and every countryThe 2026 dataset

  • Management Practices IndexWorld Bank Group · 2026 · world median 52.3963.44No earlier reading

    Papua New Guinea: 63.44 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 28.07 to 69.29; higher is better.

    Position 20th of 169 · derived.

    Chart and every countryThe 2026 dataset

  • GDP GrowthWorld Bank Group · 2025 · world median 3.3965.638▼ Worsened since 2015

    Papua New Guinea: 5.638 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -5.847 to 19.34; higher is better.

    Position 37th of 186 · derived.

    Chart and every countryThe 2025 dataset

  • External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9441.89▲ Improved since 2014

    Papua New Guinea: 41.89 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 2.213 to 350.57; lower is better.

    Position 59th of 110 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Livestock Production IndexFAO · 2022 · world median 107.06107.71▲ Improved since 2012

    Papua New Guinea: 107.71 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 35.52 to 190.08; higher is better.

    Position 96th of 194 · derived.

    Chart and every countryThe 2022 dataset

Behind the world median15

Statistics on which Papua New Guinea does worse than the middle country measured.

  • Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8142.6No earlier reading

    Papua New Guinea: 42.6 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 1.926 to 90.5; lower is better.

    Position 89th of 181 · derived, 1st = worst.

    Chart and every countryThe 2026 dataset

  • Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2150.37No real change since 2016

    Papua New Guinea: 50.37 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 4.13 to 1,319; higher is better.

    Ranked 87th of 175 by UNCTAD.

    Chart and every countryThe 2026 dataset

  • Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48633,223▼ Worsened since 2010

    Papua New Guinea: 33,223 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.

    Published values in that edition run from 4,276 to 1,246,092; higher is better.

    Position 86th of 150 · derived.

    Chart and every countryThe 2020 dataset

  • Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92.7▲ Improved since 2014

    Papua New Guinea: 2.7 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.

    Published values in that edition run from 1.9 to 4.3; higher is better.

    Ranked 79th of 139 by World Bank Group.

    Chart and every countryThe 2023 dataset

  • Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4218.27▼ Worsened since 2014

    Papua New Guinea: 18.27 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0.377 to 87.15; higher is better.

    Position 103rd of 170 · derived.

    Chart and every countryThe 2024 dataset

  • Crop Production IndexFAO · 2022 · world median 106.2399.03▼ Worsened since 2012

    Papua New Guinea: 99.03 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 53.79 to 189.93; higher is better.

    Position 134th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Government AI Readiness IndexOxford Insights · 2025 · world median 40.1927.98▲ Improved since 2021

    Papua New Guinea: 27.98 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.

    Published values in that edition run from 12.12 to 88.36; higher is better.

    Ranked 135th of 195 by Oxford Insights.

    Chart and every countryThe 2025 dataset

  • Food Production IndexFAO · 2022 · world median 106.08100.55▼ Worsened since 2012

    Papua New Guinea: 100.55 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 71.08 to 177.49; higher is better.

    Position 136th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Regulatory QualityWorld Bank Group · 2025 · world median -0.093-0.614▼ Worsened since 2015

    Papua New Guinea: -0.614 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -2.106 to 2.113; higher is better.

    Position 147th of 209 · derived.

    Chart and every countryThe 2025 dataset

  • Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4512.223▲ Improved since 2014

    Papua New Guinea: 2.223 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.069 to 17.92; lower is better.

    Position 31st of 112 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.219▼ Worsened since 2013

    Papua New Guinea: 0.219 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.

    Published values in that edition run from 0 to 1; higher is better.

    Position 142nd of 170 · derived.

    Chart and every countryThe 2023 dataset

  • Productive Capacities IndexUNCTAD · 2022 · world median 46.6731▼ Worsened since 2012

    Papua New Guinea: 31 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.

    Published values in that edition run from 17.8 to 71.02; higher is better.

    Position 164th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Researchers per Million InhabitantsUIS · 2024 · world median 701.9533.16No earlier reading

    Papua New Guinea: 33.16 · world median 701.95 · Researchers per million inhabitants (full-time equivalent). UNESCO Institute for Statistics (UIS), 2024 edition, data for 2024.

    Published values in that edition run from 1.446 to 18,130; higher is better.

    Position 130th of 145 · derived.

    Chart and every countryThe 2024 dataset

  • Debt Service on External DebtWorld Bank Group · 2024 · world median 12.9343.34▼ Worsened since 2014

    Papua New Guinea: 43.34 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.285 to 96.2; lower is better.

    Position 6th of 109 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • ICT Services ExportsUNCTAD · 2024 · world median 7.4740.215▼ Worsened since 2014

    Papua New Guinea: 0.215 · world median 7.474 · ICT services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 56.25; higher is better.

    Position 116th of 118 · derived.

    Chart and every countryThe 2024 dataset

No better end14

These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.

  • Commodity Export DependenceUNCTAD · 2024 · world median 67.1799.06Moved since 2014

    Papua New Guinea: 99.06 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 4.605 to 99.77.

    Chart and every countryThe 2024 dataset

  • Terms of Trade IndexUNCTAD · 2025 · world median 103.23158.23Moved since 2015

    Papua New Guinea: 158.23 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 38.2 to 1,448.

    Chart and every countryThe 2025 dataset

  • Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.70827.39Moved since 2011

    Papua New Guinea: 27.39 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 0 to 61.03.

    Position 13th of 180 · derived, counted from the highest value.

    Chart and every countryThe 2021 dataset

  • Statutory Corporate Income Tax RateOECD · 2026 · world median 2430Moved since 2016

    Papua New Guinea: 30 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 36.13.

    Chart and every countryThe 2026 dataset

  • Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3066.869Moved since 2015

    Papua New Guinea: 6.869 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -7.93 to 227.09.

    Chart and every countryThe 2025 dataset

  • Export Concentration IndexUNCTAD · 2025 · world median 0.3060.366Moved since 2015

    Papua New Guinea: 0.366 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.059 to 0.933.

    Chart and every countryThe 2025 dataset

  • Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.73143.35Moved since 2016

    Papua New Guinea: 143.35 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 0 to 397,071.

    Chart and every countryThe 2026 dataset

  • Scholarly ArticlesOurResearch · 2025 · world median 2,240301No real change since 2022

    Papua New Guinea: 301 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.

    Published values in that edition run from 1 to 1,094,890.

    Chart and every countryThe 2025 dataset

  • Tax Revenue (% of GDP)OECD · 2024 · world median 21.8515.54Moved since 2014

    Papua New Guinea: 15.54 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.

    Published values in that edition run from 3.11 to 45.18.

    Chart and every countryThe 2024 dataset

  • Statutory Minimum WageILO · 2024 · world median 657.95268.01Moved since 2014

    Papua New Guinea: 268.01 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.

    Published values in that edition run from 4.038 to 3,804.

    Chart and every countryThe 2024 dataset

  • Creative Services ExportsUNCTAD · 2024 · world median 6.1710.547Moved since 2014

    Papua New Guinea: 0.547 · world median 6.171 · Creative services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0.002 to 63.91.

    Chart and every countryThe 2024 dataset

  • Complexity Outlook IndexGrowth Lab at Harvard University · 2024 · world median -0.225-1.196Moved since 2014

    Papua New Guinea: -1.196 · world median -0.225 · Complexity Outlook Index (standardised; roughly −2.5 to +3). Growth Lab at Harvard University, 2024 edition, data for 2024.

    Published values in that edition run from -1.682 to 2.878.

    Chart and every countryThe 2024 dataset

  • Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.968-3.616Moved since 2015

    Papua New Guinea: -3.616 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from -32.97 to 2,221.

    Chart and every countryThe 2025 dataset

  • Services ExportsUNCTAD · 2025 · world median 9.6020.175No real change since 2015

    Papua New Guinea: 0.175 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.085 to 166.21.

    Chart and every countryThe 2025 dataset

No current reading for Papua New Guinea

Account Ownership at a Financial Institution, Actual Individual Consumption per Capita (PPP), Adjusted Net Savings (last 2004), Agriculture, Forestry and Fishing Value Added (% of GDP) (last 2024), Average Monthly Earnings of Employees, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Container Port Traffic (last 2022), Creative Goods Exports (last 2023), Exports of Goods and Services (% of GDP) (last 2004), Foreign Value Added Share of Gross Exports, General Government Consumption (last 2004), Gini Index (last 2009), Gini Index of Disposable Income (SWIID) (last 2009), Global Innovation Index, GNI per Capita (PPP) (last 2021), Gross Capital Formation (% of GDP) (last 2004), Gross Savings (% of GDP) (last 2004), Historical GDP per Capita (Maddison), Household Consumption (last 2004), ICT Goods Exports (last 2023), Imports of Goods and Services (% of GDP) (last 2004), Income Share Held by Lowest 20% (last 2009), Income Share Held by Richest 10% (last 2009), Industry Value Added including Construction (% of GDP) (last 2024), Informal Output (DGE Model Estimate), Manufacturing Value Added (% of GDP) (last 2024), New Business Density (last 2020), Palma Ratio (last 2009), Price Level of Household Consumption, Research and Development Spending (last 2016), Tariff Rate, Applied, Weighted Mean, All Products (last 2021), Total Factor Productivity Level, Trade (% of GDP) (last 2004), Water-Use Efficiency and World Energy Trilemma Index. Listed rather than hidden, so the page can be checked against it.

“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing

06The top of the list

Who leads on economy & innovation

The three countries placed highest of 176, and the leaders Papua New Guinea can most readily be measured against.

All 176 countries
  1. 1

    Austria

    Western Europe

    1st of 176 · 4 of 4 keys

    Photo: chensiyuan · CC BY-SA 4.0, greyscale

  2. 2

    Japan

    Eastern Asia

    2nd of 176 · 4 of 4 keys

    Photo: JurriaanH · CC BY-SA 3.0, greyscale

  3. 3

    Germany

    Western Europe

    3rd of 176 · 4 of 4 keys

    Photo: dronepicr · CC BY 2.0, greyscale

Placed highest nearby

  1. Highest in Oceania

    Australia27th4/4 keys
  2. Highest in Melanesia

    Fiji56th2/4 keys
  3. This page

    Papua New Guinea147th3/4 keys

Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.

08Questions

Papua New Guinea on economy & innovation: questions answered

Every answer is built from the numbers on this page, so none can say something the page does not.

How does Papua New Guinea rank on economy & innovation?

Papua New Guinea is placed 147th of 176 countries on Economy & Innovation in the Country Index 2026, from 3 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit and Economic Complexity Index). The position is this site’s ordering of published statistics, not a rank any publisher printed.

What is the latest GDP per Capita (PPP) figure for Papua New Guinea?

4,456 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.

What is the latest Firms with a Bank Loan or Line of Credit figure for Papua New Guinea?

28.21 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.

How does Papua New Guinea compare with Indonesia on economy & innovation?

Indonesia is placed joint 110th of 176, and Papua New Guinea 147th. GDP per Capita (PPP): Indonesia 15,091, Papua New Guinea 4,456; Firms with a Bank Loan or Line of Credit: Indonesia 19.99, Papua New Guinea 28.21; Economic Complexity Index: Indonesia 0.223, Papua New Guinea -2.137.

How have Papua New Guinea’s economy & innovation figures changed?

GDP per Capita (PPP) rose from 3,327 in 2000 to 4,456 in 2025; Economic Complexity Index fell from -1.691 in 2000 to -2.137 in 2024.

Which economy & innovation statistics are missing for Papua New Guinea?

No current reading is published for Papua New Guinea on Account Ownership at a Financial Institution, Actual Individual Consumption per Capita (PPP), Adjusted Net Savings, Agriculture, Forestry and Fishing Value Added (% of GDP), Average Monthly Earnings of Employees, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Container Port Traffic, Creative Goods Exports, Exports of Goods and Services (% of GDP), Foreign Value Added Share of Gross Exports, General Government Consumption, Gini Index, Gini Index of Disposable Income (SWIID), Global Innovation Index, GNI per Capita (PPP), Gross Capital Formation (% of GDP), Gross Savings (% of GDP), Historical GDP per Capita (Maddison), Household Consumption, ICT Goods Exports, Imports of Goods and Services (% of GDP), Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Industry Value Added including Construction (% of GDP), Informal Output (DGE Model Estimate), Manufacturing Value Added (% of GDP), New Business Density, Palma Ratio, Price Level of Household Consumption, Research and Development Spending, Tariff Rate, Applied, Weighted Mean, All Products, Total Factor Productivity Level, Trade (% of GDP), Water-Use Efficiency and World Energy Trilemma Index. They are listed rather than hidden, so the evidence on the page can be checked against it.

09Method

Method, sources and how to cite

What this topic does not measure

The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.

About economy & innovation, in full

How the Economy & Innovation standing is decided

A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.

The economy & innovation method, step by stepHow every standing on this site is built

The key statistics and their licences

The other 34 statistics on this page come from 9 publishers, each named beside its numbers, with every edition and licence on the datasets pages.

The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.

Photographs

Papua New Guinea’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.

Cite this page

Nations Inquiry (2026). Papua New Guinea: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/papua-new-guinea/economy

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