Average inflation rate in Papua New Guinea 1980-2030

In 2024, the average inflation rate in Papua New Guinea was estimated at about 0.59 percent. Between 1980 and 2024, the figure dropped by approximately 11.47 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 3.91 percentage points, showing an overall upward trend with periodic ups and downs.

This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.