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Papua New Guinea PPP Conversion Factor

PPP conversion factor, GDP  PA.NUS.PPP

Papua New Guinea's ppp conversion factor was 2.44 in 2025, ranked 116th globally. This represents a 2.8% increase from 2024. Data from World Bank, covering 1990–2025.

2.44 +0.07 (+2.8%)
Year 2025 Rank #116 Global Peak 2.47 (2022) Source World Bank

Papua New Guinea PPP Conversion Factor (1990–2025)

Overview

Papua New Guinea's ppp conversion factor stood at 2.44 in 2025, a rise of +0.07 from 2024. Based on recent trends, this figure is projected to reach 2.44 by 2025. Papua New Guinea ranked 116th globally.

Papua New Guinea's PPP Conversion Factor, which measures the relative purchasing power of the country's currency, has shown a steady improvement over the past three decades. Since 1990, the factor has increased from 0.73 to 2.44 in 2025, indicating a significant rise in the country's standard of living. This improvement is particularly notable when compared to other countries, such as the United Arab Emirates, which has a similar PPP Conversion Factor of 2.46. Papua New Guinea's PPP Conversion Factor peaked at 2.47 in 2022 and has been steadily trending upwards, with a slight dip to 2.44 in 2025. The trough occurred in 1993 with a factor of 0.72. A continued improvement in the country's economic indicators, such as GDP growth and inflation, could sustain this upward trend, potentially pushing the PPP Conversion Factor even higher in the coming years.

Data & projection

Year PPP Conversion Factor YoY change Rank
2027* trend 2.53 - -
2026* trend 2.49 - -
2025* trend 2.44 - -
2025 2.44 +0.07 #116
2024 2.38 +0.10 #80
2023 2.28 −0.19 #82
2022 2.47 +0.17 #85
2021 2.30 +0.14 #84
2020 2.16 +0.01 #85
2019 2.15 −0.01 #85
2018 2.16 +0.15 #84
2017 2.01 +0.11 #83
2016 1.90 +0.03 #83
2015 1.87 −0.04 #83
2014 1.92 +0.07 #87
2013 1.85 +0.03 #86
2012 1.81 −0.04 #86
2011 1.86 +0.04 #90
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →

Frequently Asked Questions

What is Papua New Guinea's ppp conversion factor?▾

Papua New Guinea's ppp conversion factor was 2.44 in 2025. Ranked 116th globally. This represents a 2.8% increase from the previous year.

What was the highest ppp conversion factor in Papua New Guinea?▾

Papua New Guinea's ppp conversion factor peaked at 2.47 in 2022.

What was the lowest ppp conversion factor in Papua New Guinea?▾

The lowest ppp conversion factor in Papua New Guinea was 0.72 in 1993.

How does Papua New Guinea rank in ppp conversion factor?▾

Papua New Guinea ranks 116th globally in ppp conversion factor as of 2025.

What is the World Bank indicator code for ppp conversion factor?▾

The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.

What is the projected ppp conversion factor of Papua New Guinea in 2025?▾

Papua New Guinea's ppp conversion factor is projected to reach 2.44 by 2025 based on trend extrapolation.

What is the ppp conversion factor of Papua New Guinea in 2025?▾

The ppp conversion factor of Papua New Guinea in 2025 was 2.44. This ranks 116th in the world.

Cite this page

APA
Papua New Guinea PPP Conversion Factor. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/papua-new-guinea/ppp-conversion-factor/
BibTeX
@misc{historysaid_papua-new-guinea_ppp-conversion-factor, title = {Papua New Guinea PPP Conversion Factor}, url = {https://historysaid.com/papua-new-guinea/ppp-conversion-factor/}, publisher = {HistorySaid}, year = {2026} }
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