Papua New Guinea Inflation Rate
Oceania · 53 years of data (1972-2024)
0.60%
2024 Annual Rate
(-1.70%)
Average Rate
6.94%
1972-2024
Peak Inflation
23.17%
Year 1974
Lowest Rate
0.60%
Year 2024
Volatility
4.40%
Std. Deviation
vs World Avg
-6.01%
World: 6.61%
vs Oceania
-2.24%
Region: 2.84%
Historical Inflation Chart
Year-by-Year Data
| Year | Inflation Rate | Change |
|---|---|---|
| 2024 | 0.60% | ▼ 1.70% |
| 2023 | 2.30% | ▼ 2.95% |
| 2022 | 5.25% | ▲ 0.77% |
| 2021 | 4.48% | ▼ 0.39% |
| 2020 | 4.87% | ▲ 0.94% |
| 2019 | 3.93% | ▼ 0.45% |
| 2018 | 4.37% | ▼ 1.05% |
| 2017 | 5.42% | ▼ 1.25% |
| 2016 | 6.67% | ▲ 0.68% |
| 2015 | 6.00% | ▲ 0.77% |
| 2014 | 5.22% | ▲ 0.26% |
| 2013 | 4.96% | ▲ 0.42% |
| 2012 | 4.54% | ▲ 0.10% |
| 2011 | 4.44% | ▼ 1.57% |
| 2010 | 6.01% | ▼ 0.90% |
| 2009 | 6.92% | ▼ 3.84% |
| 2008 | 10.76% | ▲ 9.85% |
| 2007 | 0.91% | ▼ 1.46% |
| 2006 | 2.37% | ▲ 0.59% |
| 2005 | 1.78% | ▼ 0.38% |
| 2004 | 2.16% | ▼ 12.55% |
| 2003 | 14.71% | ▲ 2.91% |
| 2002 | 11.80% | ▲ 2.50% |
| 2001 | 9.30% | ▼ 6.30% |
| 2000 | 15.60% | ▲ 0.66% |
| 1999 | 14.93% | ▲ 1.36% |
| 1998 | 13.57% | ▲ 9.61% |
| 1997 | 3.96% | ▼ 7.66% |
| 1996 | 11.62% | ▼ 5.66% |
| 1995 | 17.28% | ▲ 14.43% |
| 1994 | 2.85% | ▼ 2.12% |
| 1993 | 4.97% | ▲ 0.66% |
| 1992 | 4.31% | ▼ 2.66% |
| 1991 | 6.97% | ▲ 0.01% |
| 1990 | 6.95% | ▲ 2.47% |
| 1989 | 4.48% | ▼ 0.96% |
| 1988 | 5.45% | ▲ 2.11% |
| 1987 | 3.34% | ▼ 2.12% |
| 1986 | 5.45% | ▲ 1.74% |
| 1985 | 3.71% | ▼ 3.71% |
| 1984 | 7.42% | ▼ 0.48% |
| 1983 | 7.90% | ▲ 2.37% |
| 1982 | 5.54% | ▼ 2.52% |
| 1981 | 8.05% | ▼ 4.01% |
| 1980 | 12.06% | ▲ 6.30% |
| 1979 | 5.77% | ▼ 0.03% |
| 1978 | 5.80% | ▲ 1.27% |
| 1977 | 4.53% | ▼ 3.13% |
| 1976 | 7.66% | ▼ 2.83% |
| 1975 | 10.49% | ▼ 12.68% |
| 1974 | 23.17% | ▲ 14.82% |
| 1973 | 8.34% | ▲ 2.27% |
| 1972 | 6.08% | — |
