Average inflation measured by CPI rose 10.0% to 3.82% in Papua New Guinea in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Papua New Guinea reached an all time high of 3.82% in 2020 and an all time low of 0.009% in 2007. When compared to Papua New Guinea's main peers, average inflation measured by CPI in Australia amounted to 2.51%, 3.85% in Indonesia, 1.94% in New Zealand and 3.35% in Philippines in 2020.
Papua New Guinea has been ranked 69th within the group of 171 countries we follow in terms of average inflation measured by CPI, 10 places below the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | % | 0.019% | 0.019% | 0.016% | 2.51% | 2.52% | ||||||||||||||||
| China | % | 0.016% | 0.021% | 0.029% | 2.65% | 2.80% | ||||||||||||||||
| Indonesia | % | 0.038% | 0.032% | 0.030% | 3.85% | 3.36% | ||||||||||||||||
| Malaysia | % | 0.039% | 0.009% | 0.007% | 2.55% | 2.51% | ||||||||||||||||
| New Zealand | % | 0.019% | 0.016% | 0.016% | 1.94% | 2.02% | ||||||||||||||||
| Papua New Guinea | % | 0.054% | 0.047% | 0.036% | 3.82% | 3.82% | ||||||||||||||||
| Philippines | % | 0.029% | 0.052% | 0.025% | 3.35% | 3.07% | ||||||||||||||||
| Singapore | % | 0.006% | 0.004% | 0.006% | 1.45% | 1.35% | ||||||||||||||||
| Taiwan | % | 1.10% | 1.50% | 1.30% | 1.50% | 1.80% | ||||||||||||||||
| Vietnam | % | 0.035% | 0.035% | 0.028% | 4.00% | 4.00% |
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