PPP conversion factor — all countries

PPP conversion factor — Papua New Guinea

PPP conversion factor in Papua New Guinea in 2025 — 2.387 per int$. Ranked 111 in the world out of 185. Since 1990, the indicator has risen by 228.3%.

2025 2.387 per int$ +3.96% vs 2024
World rank 111of 185
Period maximum 2.47 per int$2022
Period minimum 0.721 per int$1993

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Papua New Guinea, 1990–2025012319901994199820022006201020142018202220251990: 0.727 per int$1991: 0.753 per int$1992: 0.757 per int$1993: 0.721 per int$1994: 0.757 per int$1995: 0.859 per int$1996: 0.859 per int$1997: 0.915 per int$1998: 1.037 per int$1999: 1.136 per int$2000: 1.256 per int$2001: 1.313 per int$2002: 1.452 per int$2003: 1.503 per int$2004: 1.434 per int$2005: 1.56 per int$2006: 1.656 per int$2007: 1.675 per int$2008: 1.77 per int$2009: 1.674 per int$2010: 1.818 per int$2011: 1.859 per int$2012: 1.815 per int$2013: 1.848 per int$2014: 1.915 per int$2015: 1.874 per int$2016: 1.903 per int$2017: 2.014 per int$2018: 2.162 per int$2019: 2.149 per int$2020: 2.155 per int$2021: 2.301 per int$2022: 2.47 per int$2023: 2.279 per int$2024: 2.296 per int$2025: 2.387 per int$
Change over the period: +1.66 (+228.32%) Average annual rate: 3.45 %
PPP conversion factor — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year per int$ Change Change, %
2025 2.387 +0.091 +3.96%
2024 2.296 +0.018 +0.77%
2023 2.279 −0.192 −7.75%
2022 2.47 +0.17 +7.37%
2021 2.301 +0.145 +6.74%
2020 2.155 +0.006 +0.29%
2019 2.149 −0.013 −0.58%
2018 2.162 +0.148 +7.34%
2017 2.014 +0.11 +5.8%
2016 1.903 +0.029 +1.55%
2015 1.874 −0.041 −2.14%
2014 1.915 +0.067 +3.63%
2013 1.848 +0.034 +1.85%
2012 1.815 −0.044 −2.39%
2011 1.859 +0.041 +2.27%
2010 1.818 +0.144 +8.6%
2009 1.674 −0.097 −5.46%
2008 1.77 +0.096 +5.73%
2007 1.675 +0.018 +1.11%
2006 1.656 +0.096 +6.16%
2005 1.56 +0.126 +8.77%
2004 1.434 −0.069 −4.56%
2003 1.503 +0.051 +3.5%
2002 1.452 +0.139 +10.57%
2001 1.313 +0.057 +4.56%
2000 1.256 +0.12 +10.6%
1999 1.136 +0.099 +9.52%
1998 1.037 +0.121 +13.27%
1997 0.915 +0.057 +6.59%
1996 0.859 −0 −0.02%
1995 0.859 +0.102 +13.47%
1994 0.757 +0.036 +5.01%
1993 0.721 −0.036 −4.75%
1992 0.757 +0.004 +0.58%
1991 0.753 +0.025 +3.49%
1990 0.727

Melanesia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.