Papua New Guinea - Inflation Rate 2021
4.48%
−0.39pp from 2020
Papua New Guinea's inflation rate was 4.48% in 2021, decreased +0.39pp from 4.87% in 2020. This was the 122nd highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Chad | -0.77% | -117.3% |
| 2nd | Bahrain | -0.61% | 73.9% |
| 3rd | Rwanda | -0.39% | -105.1% |
| 4th | Japan | -0.23% | -764.3% |
| 5th | Solomon Islands | -0.12% | -103.9% |
| 6th | Equatorial Guinea | -0.10% | -102.0% |
| 7th | Comoros | 0.00% | -100.6% |
| 8th | Macao SAR, China | 0.03% | -96.7% |
| 9th | Ecuador | 0.13% | 139.3% |
| 10th | Fiji | 0.16% | 106.0% |
| 11th | United Arab Emirates | 0.18% | 108.7% |
| 12th | Maldives | 0.54% | 134.1% |
| 13th | Switzerland | 0.58% | 180.4% |
| 14th | Liechtenstein | 0.58% | 180.5% |
| 15th | Bolivia, Plurinational State of | 0.74% | -21.7% |
| 16th | Aruba | 0.74% | 156.7% |
| 17th | China | 0.98% | -60.9% |
| 18th | Gabon | 1.09% | -36.2% |
| 19th | Djibouti | 1.18% | -33.6% |
| 20th | St. Kitts and Nevis | 1.20% | 201.6% |
| 21st | Grenada | 1.22% | 264.4% |
| 22nd | Greece | 1.22% | 197.0% |
| 23rd | Thailand | 1.23% | 245.4% |
| 24th | West Bank and Gaza | 1.24% | 274.0% |
| 25th | Portugal | 1.27% | 1,146.0% |
| 26th | Jordan | 1.35% | 303.0% |
| 27th | Morocco | 1.40% | 103.8% |
| 28th | Israel | 1.48% | 352.1% |
| 29th | Malta | 1.50% | 90.3% |
| 30th | Barbados | 1.54% | 137.4% |
| 31st | Indonesia | 1.56% | -23.2% |
| 32nd | Hong Kong SAR, China | 1.57% | 525.0% |
| 33rd | St. Vincent and the Grenadines | 1.57% | 359.5% |
| 34th | San Marino | 1.62% | 1,314.7% |
| 35th | Panama | 1.63% | 205.2% |
| 36th | France | 1.64% | 211.6% |
| 37th | Andorra | 1.68% | 1,722.8% |
| 38th | Oman | 1.68% | 525.9% |
| 39th | Congo, Republic of | 1.72% | 25.0% |
| 40th | Costa Rica | 1.73% | 138.1% |
| 41st | Brunei Darussalam | 1.73% | -10.6% |
| 42nd | Benin | 1.73% | -42.8% |
| 43rd | Viet Nam | 1.83% | -43.0% |
| 44th | Denmark | 1.85% | 456.5% |
| 45th | Cabo Verde | 1.86% | 207.8% |
| 46th | Italy | 1.87% | 1,392.3% |
| 47th | Slovenia | 1.92% | 3,585.6% |
| 48th | Bosnia and Herzegovina | 1.98% | 288.4% |
| 49th | Nauru | 2.01% | 115.6% |
| 50th | Albania | 2.04% | 25.9% |
| 51st | Kiribati | 2.05% | -19.6% |
| 52nd | Trinidad and Tobago | 2.06% | 243.8% |
| 53rd | Antigua and Barbuda | 2.06% | 95.0% |
| 54th | Sweden | 2.16% | 227.3% |
| 55th | Senegal | 2.18% | -13.8% |
| 56th | Finland | 2.19% | 473.0% |
| 57th | Uganda | 2.20% | -20.1% |
| 58th | Dominica | 2.23% | 406.6% |
| 59th | Guinea-Bissau | 2.24% | 53.3% |
| 60th | Marshall Islands | 2.25% | 441.5% |
| 61st | Cameroon | 2.27% | -7.3% |
| 62nd | Qatar | 2.30% | 191.3% |
| 63rd | Singapore | 2.32% | 1,446.6% |
| 64th | Ireland | 2.34% | 609.9% |
| 65th | Vanuatu | 2.34% | -56.2% |
| 66th | Puerto Rico (US) | 2.41% | 584.9% |
| 67th | St. Lucia | 2.41% | 237.4% |
| 68th | Montenegro | 2.41% | 1,034.4% |
| 69th | Belgium | 2.44% | 475.5% |
| 70th | Cyprus | 2.45% | 321.0% |
| 71st | Malaysia | 2.48% | 317.5% |
| 72nd | Korea | 2.50% | 365.2% |
| 73rd | United Kingdom | 2.52% | 195.9% |
| 74th | Luxembourg | 2.53% | 31,486.5% |
| 75th | Croatia | 2.55% | 8,615.0% |
| 76th | European Union | 2.55% | 436.1% |
| 77th | Palau | 2.61% | 272.1% |
| 78th | Netherlands | 2.68% | 141.9% |
| 79th | Austria | 2.77% | 98.8% |
| 80th | Australia | 2.86% | 221.8% |
| 81st | Libya | 2.87% | 98.2% |
| 82nd | Bahamas, The | 2.90% | 7,348.5% |
| 83rd | Cambodia | 2.92% | -0.6% |
| 84th | Saudi Arabia | 3.06% | -11.1% |
| 85th | Germany | 3.07% | 726.6% |
| 86th | Spain | 3.09% | 1,017.8% |
| 87th | Samoa | 3.13% | 111.7% |
| 88th | Slovak Republic | 3.15% | 56.5% |
| 89th | Micronesia, Federated States of | 3.19% | 231.0% |
| 90th | North Macedonia | 3.23% | 169.2% |
| 91st | Belize | 3.24% | 2,552.2% |
| 92nd | Latvia | 3.28% | 3,944.2% |
| 93rd | Bulgaria | 3.30% | 170.5% |
| 94th | Kosovo | 3.35% | 1,591.8% |
| 95th | Canada | 3.40% | 373.5% |
| 96th | Kuwait | 3.42% | 62.9% |
| 97th | El Salvador | 3.47% | 1,037.0% |
| 98th | Norway | 3.48% | 170.7% |
| 99th | Colombia | 3.50% | 38.3% |
| 100th | Mauritania | 3.57% | 49.7% |
| 101st | Namibia | 3.62% | 63.7% |
| 102nd | Burkina Faso | 3.65% | 93.8% |
| 103rd | Tanzania | 3.69% | 12.2% |
| 104th | Timor-Leste | 3.70% | 657.8% |
| 105th | Eswatini | 3.72% | -4.0% |
| 106th | Lao PDR | 3.76% | -26.4% |
| 107th | Niger | 3.84% | 32.3% |
| 108th | Czechia | 3.84% | 21.5% |
| 109th | Mali | 3.93% | 716.1% |
| 110th | Philippines | 3.93% | 64.1% |
| 111th | New Zealand | 3.94% | 129.8% |
| 112th | Mauritius | 4.03% | 59.9% |
| 113th | Serbia | 4.09% | 159.2% |
| 114th | Nepal | 4.13% | -32.9% |
| 115th | Côte d'Ivoire | 4.16% | 81.8% |
| 116th | Togo | 4.19% | 127.3% |
| 117th | Central African Republic | 4.26% | 383.5% |
| 118th | Guatemala | 4.26% | 32.7% |
| 119th | Peru | 4.27% | 133.8% |
| 120th | Iceland | 4.44% | 56.0% |
| 121st | Honduras | 4.48% | 29.2% |
| 122nd | Papua New Guinea | 4.48% | -8.0% |
| 123rd | Chile | 4.52% | 48.6% |
| 124th | South Africa | 4.62% | 40.5% |
| 125th | Somalia, Fed. Rep. | 4.63% | 12.4% |
| 126th | Estonia | 4.65% | 833.9% |
| 127th | Lithuania | 4.68% | 341.0% |
| 128th | United States | 4.70% | 274.9% |
| 129th | Paraguay | 4.79% | 170.8% |
| 130th | Nicaragua | 4.93% | 33.9% |
| 131st | Guyana | 5.03% | 309.8% |
| 132nd | Romania | 5.05% | 90.9% |
| 133rd | Poland | 5.06% | 47.2% |
| 134th | Moldova | 5.11% | 35.4% |
| 135th | Hungary | 5.11% | 54.6% |
| 136th | India | 5.13% | -16.8% |
| 137th | Afghanistan | 5.13% | -8.5% |
| 138th | Egypt, Arab Republic of | 5.21% | -8.5% |
| 139th | Bangladesh | 5.55% | -1.8% |
| 140th | Tonga | 5.64% | 2,250.2% |
| 141st | Mexico | 5.69% | 67.4% |
| 142nd | Tunisia | 5.71% | 1.3% |
| 143rd | Madagascar | 5.81% | 38.8% |
| 144th | Jamaica | 5.86% | 12.5% |
| 145th | Iraq | 6.04% | 952.6% |
| 146th | Lesotho | 6.05% | 11.7% |
| 147th | Kenya | 6.11% | 15.5% |
| 148th | Mozambique | 6.41% | 589.1% |
| 149th | Azerbaijan | 6.65% | 140.7% |
| 150th | Tuvalu | 6.69% | 325.9% |
| 151st | Russian Federation | 6.69% | 97.9% |
| 152nd | Sri Lanka | 7.01% | 53.5% |
| 153rd | Armenia | 7.18% | 394.1% |
| 154th | Algeria | 7.23% | 199.2% |
| 155th | Botswana | 7.24% | 283.1% |
| 156th | Bhutan | 7.35% | 141.9% |
| 157th | Mongolia | 7.36% | 96.8% |
| 158th | Gambia, The | 7.37% | 24.3% |
| 159th | Uruguay | 7.75% | -20.6% |
| 160th | Liberia | 7.82% | -53.9% |
| 161st | Kazakhstan | 8.04% | 18.9% |
| 162nd | São Tomé and Principe | 8.14% | -17.1% |
| 163rd | Dominican Republic | 8.24% | 118.0% |
| 164th | Brazil | 8.30% | 158.5% |
| 165th | Burundi | 8.40% | 11.6% |
| 166th | Tajikistan | 8.97% | 4.6% |
| 167th | Congo, Democratic Republic of | 8.99% | -20.9% |
| 168th | Malawi | 9.33% | 8.0% |
| 169th | Ukraine | 9.36% | 241.7% |
| 170th | Belarus | 9.46% | 70.9% |
| 171st | Pakistan | 9.50% | -11.6% |
| 172nd | Georgia | 9.57% | 83.9% |
| 173rd | Myanmar | 9.60% | 327.1% |
| 174th | Seychelles | 9.77% | 909.2% |
| 175th | Ghana | 9.97% | 0.5% |
| 176th | South Sudan | 10.52% | -56.2% |
| 177th | Uzbekistan | 10.85% | -15.7% |
| 178th | Sierra Leone | 11.87% | -11.7% |
| 179th | Kyrgyz Republic | 11.91% | 88.3% |
| 180th | Guinea | 12.60% | 18.8% |
| 181st | Haiti | 16.84% | -26.6% |
| 182nd | Nigeria | 16.95% | 28.0% |
| 183rd | Turkmenistan | 19.48% | 219.3% |
| 184th | Türkiye | 19.60% | 59.6% |
| 185th | Zambia | 22.02% | 40.0% |
| 186th | Angola | 25.75% | 15.6% |
| 187th | Yemen, Republic of | 31.46% | 45.2% |
| 188th | Iran, Islamic Republic of | 43.39% | 19.0% |
| 189th | Argentina | 48.41% | 15.2% |
| 190th | Suriname | 59.12% | 69.4% |
| 191st | Zimbabwe | 98.55% | -82.3% |
| 192nd | Lebanon | 154.76% | 82.3% |
| 193rd | Sudan | 359.09% | 120.0% |
FAQ
What was Papua New Guinea's inflation rate in 2021?▾
Papua New Guinea's inflation rate in 2021 was 4.48%. This ranked 122nd globally.
How did Papua New Guinea's inflation rate change in 2021?▾
Papua New Guinea's inflation rate decreased by 8.0% in 2021 compared to 2020.
Which country had the highest inflation rate in 2021?▾
Sudan had the highest inflation rate in 2021 at 359.09%.
What is the inflation rate of Papua New Guinea in 2021?▾
The inflation rate of Papua New Guinea in 2021 was 4.48%. This ranked 122nd globally.
How does 2021 compare to 2020 for Papua New Guinea's inflation rate?▾
Papua New Guinea's inflation rate went from 4.87% in 2020 to 4.48% in 2021, a 8.0% decrease.
Related
2020
2022
All years
Full ranking 2021
Consumer Price Index
PPP Conversion Factor
Peak: 1974
Lowest: 2024
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking