Papua New Guinea — Inflation
Inflation, Consumer Prices (Annual %) for Papua New Guinea, 1972–2025.
Latest value · 2025
4.42%
Inflation, Consumer Prices (Annual %) · annual % · -27.2% since 1972
Inflation for Papua New Guinea was 4.42% in 2025, according to the latest World Bank data. The series covers 54 years, from 1972 to 2025. The highest recorded value was 23.17% in 1974. The lowest was 0.60% in 2024 (about 7.3× the low point). Across that span the compound annual growth rate works out to -0.60% per year.
Papua New Guinea ranks 51 of 187 economies on this measure (1 = highest), putting it in the top 27%. The median for East Asia & Pacific is 2.21%, so Papua New Guinea sits above it. It peaked in 1974 and has fallen 81% since. Over the last decade (2015–2025) the figure moved down 26%.
Key figures
Latest (2025)
4.42%
First (1972)
6.07%
Change
-27.2%
Highest
23.17%
in 1974
Lowest
0.60%
in 2024
Average
6.90%
Annual growth (CAGR)
-0.60%
Years of data
54
Recent years
| Year | annual % |
|---|---|
| 2025 | 4.42% |
| 2024 | 0.6% |
| 2023 | 2.3% |
| 2022 | 5.25% |
| 2021 | 4.48% |
| 2020 | 4.87% |
| 2019 | 3.93% |
| 2018 | 4.37% |
| 2017 | 5.42% |
| 2016 | 6.67% |
| 2015 | 6% |
| 2014 | 5.22% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.