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Papua New Guinea - Inflation Rate 1997

Name: Papua New Guinea Inflation Rate 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

3.96% −7.67pp from 1996 Global rank: 76th

Papua New Guinea's inflation rate was 3.96% in 1997, decreased +7.67pp from 11.62% in 1996. This was the 76th highest globally.

Global Ranking - 1997▾

Inflation Rate by Country - 1997
Rank	Country	Value	YoY
1st	Zimbabwe	-0.97%	-116.1%
2nd	Mali	-0.36%	-105.6%
3rd	Oman	-0.36%	-172.6%
4th	St. Lucia	-0.01%	-100.6%
5th	Saudi Arabia	0.06%	-78.8%
6th	Australia	0.22%	-91.5%
7th	Antigua and Barbuda	0.36%	-87.8%
8th	St. Vincent and the Grenadines	0.44%	-89.9%
9th	Switzerland	0.52%	-35.8%
10th	Bahamas, The	0.54%	-56.9%
11th	Seychelles	0.62%	130.0%
12th	Sweden	0.66%	-35.4%
13th	Kuwait	0.68%	-80.8%
14th	Morocco	1.04%	-63.1%
15th	Belize	1.15%	-82.1%
16th	New Zealand	1.19%	-48.1%
17th	Finland	1.19%	12.2%
18th	France	1.20%	-42.1%
19th	Grenada	1.24%	-38.8%
20th	North Macedonia	1.29%	-47.5%
21st	Austria	1.31%	-26.3%
22nd	Panama	1.32%	4.8%
23rd	Luxembourg	1.37%	18.3%
24th	Comoros	1.50%	-37.5%
25th	Ireland	1.54%	-29.3%
26th	Central African Republic	1.61%	-58.1%
27th	Canada	1.62%	3.2%
28th	Belgium	1.63%	-7.5%
29th	Brunei Darussalam	1.71%	-14.3%
30th	Japan	1.75%	1,166.5%
31st	Senegal	1.75%	-38.2%
32nd	Iceland	1.82%	-19.4%
33rd	Puerto Rico (US)	1.89%	-43.1%
34th	Syrian Arab Republic	1.89%	-78.7%
35th	Guinea	1.94%	-35.1%
36th	Germany	1.94%	52.2%
37th	Spain	1.97%	-45.2%
38th	Singapore	2.00%	45.3%
39th	Italy	2.04%	-48.7%
40th	Netherlands	2.11%	45.9%
41st	Tonga	2.12%	-20.5%
42nd	Yemen, Republic of	2.18%	-94.4%
43rd	Denmark	2.18%	4.3%
44th	United Kingdom	2.20%	-9.2%
45th	Burkina Faso	2.32%	-62.0%
46th	Portugal	2.34%	-20.4%
47th	United States	2.34%	-20.4%
48th	Bahrain	2.43%	1,414.4%
49th	Dominica	2.44%	43.2%
50th	Djibouti	2.52%	-28.3%
51st	Kiribati	2.55%	253.2%
52nd	Norway	2.57%	103.2%
53rd	Malaysia	2.66%	-23.5%
54th	Micronesia, Federated States of	2.67%	-4.6%
55th	Gambia, The	2.78%	153.1%
56th	China	2.79%	-66.6%
57th	Vanuatu	2.83%	205.7%
58th	Niger	2.93%	-45.1%
59th	United Arab Emirates	2.97%	-0.3%
60th	Aruba	3.00%	-5.3%
61st	Equatorial Guinea	3.02%	-33.6%
62nd	Jordan	3.04%	-53.3%
63rd	Malta	3.11%	58.5%
64th	European Union	3.11%	-12.6%
65th	Viet Nam	3.21%	-42.6%
66th	Fiji	3.37%	11.9%
67th	Benin	3.47%	-29.5%
68th	Macao SAR, China	3.49%	-27.6%
69th	Libya	3.55%	-11.2%
70th	Guyana	3.56%	-49.9%
71st	Cyprus	3.61%	39.6%
72nd	Trinidad and Tobago	3.63%	10.3%
73rd	Tunisia	3.65%	-2.2%
74th	Azerbaijan	3.67%	-81.4%
75th	Eritrea	3.74%	-63.7%
76th	Papua New Guinea	3.96%	-65.9%
77th	Gabon	3.97%	475.9%
78th	Nepal	4.01%	-44.1%
79th	Côte d'Ivoire	4.02%	48.9%
80th	Croatia	4.17%	14.5%
81st	Korea	4.44%	-9.9%
82nd	Madagascar	4.49%	-77.3%
83rd	El Salvador	4.49%	-54.1%
84th	Mauritania	4.63%	-1.2%
85th	Egypt, Arab Republic of	4.63%	-34.8%
86th	Bolivia, Plurinational State of	4.71%	-62.1%
87th	Cameroon	4.79%	22.1%
88th	Qatar	4.83%	-30.6%
89th	Bangladesh	5.31%	-22.4%
90th	Greece	5.54%	-29.7%
91st	Chad	5.57%	-50.8%
92nd	Philippines	5.59%	-32.6%
93rd	Thailand	5.63%	-3.4%
94th	Bosnia and Herzegovina	5.73%	148.9%
95th	Algeria	5.73%	-69.3%
96th	Hong Kong SAR, China	5.78%	-8.7%
97th	Chile	6.13%	-16.6%
98th	Slovak Republic	6.14%	6.2%
99th	Indonesia	6.23%	-22.0%
100th	Bhutan	6.51%	-25.9%
101st	Mauritius	6.83%	4.3%
102nd	Samoa	6.86%	26.6%
103rd	Brazil	6.93%	-56.0%
104th	Paraguay	6.95%	-28.9%
105th	West Bank and Gaza	7.09%	-
106th	Georgia	7.09%	-82.0%
107th	Eswatini	7.13%	10.9%
108th	Suriname	7.15%	151.6%
109th	India	7.16%	-24.1%
110th	Mozambique	7.36%	-84.8%
111th	Maldives	7.57%	21.3%
112th	Barbados	7.71%	223.2%
113th	Lebanon	7.75%	-12.7%
114th	Cambodia	7.96%	11.4%
115th	Solomon Islands	8.08%	-31.3%
116th	Uganda	8.17%	8.7%
117th	Togo	8.25%	79.5%
118th	Dominican Republic	8.30%	53.7%
119th	Slovenia	8.36%	-15.7%
120th	Lesotho	8.38%	-5.8%
121st	Latvia	8.45%	-52.0%
122nd	Nigeria	8.53%	-70.9%
123rd	Cabo Verde	8.56%	42.4%
124th	Peru	8.56%	-25.9%
125th	Czechia	8.60%	-1.9%
126th	South Africa	8.60%	15.7%
127th	Botswana	8.72%	-13.7%
128th	Lithuania	8.88%	-61.5%
129th	St. Kitts and Nevis	8.91%	334.8%
130th	Israel	8.95%	-20.6%
131st	Malawi	9.14%	-75.8%
132nd	Nicaragua	9.19%	-21.1%
133rd	Guatemala	9.23%	-16.5%
134th	Sri Lanka	9.57%	-39.9%
135th	Jamaica	9.66%	-63.4%
136th	Namibia	9.68%	11.2%
137th	Estonia	10.58%	-46.4%
138th	Kenya	11.36%	66.7%
139th	Pakistan	11.38%	5.6%
140th	Moldova	11.77%	-49.9%
141st	Rwanda	12.02%	-8.9%
142nd	Congo, Republic of	12.70%	71.6%
143rd	Costa Rica	13.25%	-24.3%
144th	Armenia	13.96%	-25.2%
145th	Sierra Leone	14.56%	-37.1%
146th	Russian Federation	14.76%	-69.1%
147th	Poland	14.91%	-25.1%
148th	Ukraine	15.94%	-80.1%
149th	Tanzania	16.09%	-23.6%
150th	Iran, Islamic Republic of	17.35%	-27.5%
151st	Kazakhstan	17.41%	-55.6%
152nd	Hungary	18.31%	-22.0%
153rd	Colombia	18.47%	-11.2%
154th	Uruguay	19.82%	-30.1%
155th	Honduras	20.20%	-15.3%
156th	Haiti	20.56%	-0.1%
157th	Mexico	20.63%	-40.0%
158th	Iraq	23.06%	243.1%
159th	Serbia	23.31%	-75.6%
160th	Kyrgyz Republic	23.44%	-26.6%
161st	Zambia	24.42%	-36.7%
162nd	Lao PDR	27.51%	43.7%
163rd	Ghana	27.89%	-37.3%
164th	Myanmar	29.70%	82.5%
165th	Ecuador	30.66%	25.6%
166th	Burundi	31.11%	15.7%
167th	Albania	33.18%	160.6%
168th	São Tomé and Principe	35.82%	-14.8%
169th	Mongolia	36.56%	-21.9%
170th	Sudan	47.17%	-45.6%
171st	Guinea-Bissau	49.10%	-3.6%
172nd	Belarus	63.94%	21.4%
173rd	Uzbekistan	70.86%	31.3%
174th	Turkmenistan	83.72%	-91.6%
175th	Türkiye	85.67%	6.8%
176th	Tajikistan	87.96%	-79.0%
177th	Romania	154.76%	298.8%
178th	Congo, Democratic Republic of	198.52%	-67.8%
179th	Angola	219.18%	-94.7%
180th	Bulgaria	1,058.37%	760.5%

FAQ

What was Papua New Guinea's inflation rate in 1997?▾

Papua New Guinea's inflation rate in 1997 was 3.96%. This ranked 76th globally.

How did Papua New Guinea's inflation rate change in 1997?▾

Papua New Guinea's inflation rate decreased by 65.9% in 1997 compared to 1996.

Which country had the highest inflation rate in 1997?▾

Bulgaria had the highest inflation rate in 1997 at 1,058.37%.

What is the inflation rate of Papua New Guinea in 1997?▾

The inflation rate of Papua New Guinea in 1997 was 3.96%. This ranked 76th globally.

How does 1997 compare to 1996 for Papua New Guinea's inflation rate?▾

Papua New Guinea's inflation rate went from 11.62% in 1996 to 3.96% in 1997, a 65.9% decrease.

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