Papua New Guinea - Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Papua New Guinea was 4.48 as of 2021. As the graph below shows, over the past 49 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 | 2.16 |
| 2005 | 1.78 |
| 2006 | 2.37 |
| 2007 | 0.91 |
| 2008 | 10.76 |
| 2009 | 6.92 |
| 2010 | 6.01 |
| 2011 | 4.44 |
| 2012 | 4.54 |
| 2013 | 4.96 |
| 2014 | 5.22 |
| 2015 | 6.00 |
| 2016 | 6.67 |
| 2017 | 5.42 |
| 2018 | 4.37 |
| 2019 | 3.93 |
| 2020 | 4.87 |
| 2021 | 4.48 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
