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Papua New Guinea

Papua New Guinea's deposit rate is 0.26 %, ranked 66th of 70. And its savings vs inflation is -4.16 %, ranked 63rd of 69.

Of 16 fields published for Papua New Guinea, these two sit furthest from the middle of the atlas.

Deposit rate66 / 70

Is it expensive, or does the pay keep up?

Price level

58 % of US prices

84 of 125 · 2025 · the figure and its source →

Money's value

27.40 %

100 saved in Papua New Guinea in 2000 buys what 27 buys today — 73 % of its purchasing power is gone.

75 of 116 · 2025 · the figure and its source →

Price level84 / 125

What is left after the state takes its share?

Minimum wage

$268 PPP/mo

The law in Papua New Guinea sets the floor at about $268 a month, measured in dollars adjusted for what they buy locally.

69 of 85 · 2024 · the figure and its source →

Minimum wage69 / 85

Does money in the bank keep its value?

Savings vs inflation

-4.16 %

A bank account in Papua New Guinea loses about 4.2 pp of purchasing power a year — the deposit rate trails inflation.

63 of 69 · 2024 · the figure and its source →

Deposit rate

0.26 %

66 of 70 · 2024 · the figure and its source →

Inflation rate

4.42 %

At 4.4 % a year, prices double in about 16 years if it holds.

73 of 123 · 2025 · the figure and its source →

Savings vs inflation63 / 69

Unemployment rate

2.57 %

ranked 14th of 124

0.05 pp since 2024 0.35 pp since 2000

GDP growth

5.64 %

ranked 18th of 127

1.75 pp since 2024 8.13 pp since 2000

GDP per capita

$3,020

ranked 110th of 127

$107 since 2024 $2,384 since 2000

Corporate tax

30.00 %

ranked 83rd of 96

Bank spread

8.03 %

ranked 52nd of 62

Currency

0.00 %

ranked 14th of 71

Where Papua New Guinea sits, field by field

Each dot is Papua New Guinea’s position among every country that publishes that field. Sorted by distance from the middle, so what is unusual about the country comes first.

  1. Deposit rate0.26 %66 of 70
  2. Savings vs inflation-4.16 %63 of 69
  3. Unemployment rate2.57 %14 of 124
  4. GDP growth5.64 %18 of 127
  5. GDP per capita$3,020110 of 127
  6. Corporate tax30.00 %83 of 96
  7. Bank spread8.03 %52 of 62
  8. Currency0.00 %14 of 71
  9. Minimum wage$268 PPP/mo69 of 85
  10. Debt per person$1,57329 of 123
  11. Price level58 % of US prices84 of 125
  12. Money's value27.40 %75 of 116
  13. Lending rate8.29 %28 of 67
  14. Inflation rate4.42 %73 of 123
  15. Public holidays11 days58 of 104
  16. Government debt52.10 %58 of 124

Financially nearest · computed, not curated

Tanzania

avg gap 14.2 pp · 10 shared fields

Most separates them: price level 58 % of US prices (Papua New Guinea) vs 28 % of US prices

Ghana

avg gap 16.9 pp · 12 shared fields

Most separates them: deposit rate 0.26 % (Papua New Guinea) vs 10.50 %

Kyrgyzstan

avg gap 18 pp · 13 shared fields

Most separates them: price level 58 % of US prices (Papua New Guinea) vs 31 % of US prices

Cambodia

avg gap 19.7 pp · 12 shared fields

Most separates them: public holidays 11 days (Papua New Guinea) vs 21 days

Where Papua New Guinea is unremarkable
Minimum wage$268 PPP/moranked 69th of 85
Debt per person$1,573ranked 29th of 123
Price level58 % of US pricesranked 84th of 125
Money's value27.40 %ranked 75th of 116
Lending rate8.29 %ranked 28th of 67
Inflation rate4.42 %ranked 73rd of 123
Public holidays11 daysranked 58th of 104
Government debt52.10 %ranked 58th of 124

16 fields published for Papua New Guinea, every one dated and sourced · 19 not published yet

Awaiting an official source for Papua New Guinea: mortgage rate, real policy rate, take-home pay, tax on pay, house price growth since 2015, house price growth, rent, petrol, electricity, tax wedge, minimum wage, retirement age (men), retirement age (women), average salary, monthly earnings, median earnings, median income, vat, top income tax.

Sources for all 16 figures
What would a loan cost here?Taxes in Papua New Guinea

What changed

6 Sept 2026Government debt per person (USD)1570 → 1573
6 Sept 2026Government debt (% of GDP)52.0067408156387 → 52.1