Papua New Guinea - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Papua New Guinea was 6.02 as of 2010. As the graph below shows, over the past 38 years this indicator reached a maximum value of 23.17 in 1974 and a minimum value of 0.91 in 2007.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1972 | 6.08 |
| 1973 | 8.34 |
| 1974 | 23.17 |
| 1975 | 10.49 |
| 1976 | 7.66 |
| 1977 | 4.53 |
| 1978 | 5.80 |
| 1979 | 5.77 |
| 1980 | 12.06 |
| 1981 | 8.05 |
| 1982 | 5.54 |
| 1983 | 7.90 |
| 1984 | 7.42 |
| 1985 | 3.71 |
| 1986 | 5.45 |
| 1987 | 3.34 |
| 1988 | 5.45 |
| 1989 | 4.48 |
| 1990 | 6.95 |
| 1991 | 6.97 |
| 1992 | 4.31 |
| 1993 | 4.97 |
| 1994 | 2.85 |
| 1995 | 17.28 |
| 1996 | 11.62 |
| 1997 | 3.96 |
| 1998 | 13.57 |
| 1999 | 14.93 |
| 2000 | 15.60 |
| 2001 | 9.30 |
| 2002 | 11.80 |
| 2003 | 14.71 |
| 2004 | 2.10 |
| 2005 | 1.84 |
| 2006 | 2.37 |
| 2007 | 0.91 |
| 2008 | 10.76 |
| 2009 | 6.92 |
| 2010 | 6.02 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Papua New Guinea was 9.26 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 19.74 in 1973 and a minimum value of -4.27 in 2009.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 0.04 |
| 1962 | 0.29 |
| 1963 | 1.53 |
| 1964 | 1.90 |
| 1965 | 2.23 |
| 1966 | 7.36 |
| 1967 | 8.56 |
| 1968 | 5.25 |
| 1969 | 4.94 |
| 1970 | 5.65 |
| 1971 | 3.41 |
| 1972 | 7.13 |
| 1973 | 19.74 |
| 1974 | 8.92 |
| 1975 | 2.27 |
| 1976 | 19.72 |
| 1977 | 7.44 |
| 1978 | -2.03 |
| 1979 | 16.10 |
| 1980 | 7.09 |
| 1981 | -1.30 |
| 1982 | 3.68 |
| 1983 | 18.66 |
| 1984 | 7.44 |
| 1985 | 1.62 |
| 1986 | 1.36 |
| 1987 | 7.97 |
| 1988 | 7.92 |
| 1989 | -2.54 |
| 1990 | 4.14 |
| 1991 | 6.99 |
| 1992 | 2.88 |
| 1993 | -2.50 |
| 1994 | 7.25 |
| 1995 | 15.85 |
| 1996 | 1.81 |
| 1997 | 8.43 |
| 1998 | 14.54 |
| 1999 | 11.07 |
| 2000 | 13.10 |
| 2001 | 6.91 |
| 2002 | 12.29 |
| 2003 | 5.54 |
| 2004 | -1.99 |
| 2005 | 15.93 |
| 2006 | 9.91 |
| 2007 | 2.35 |
| 2008 | 7.83 |
| 2009 | -4.27 |
| 2010 | 9.26 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
