Papua new guinea unemployment rate. With the The MYEFO evaluates the key socioeconomic indicators, including unemployment rates, inflation control, and trade balances, offering a mixed outlook. 20: (Melpa, J. 0%, indicating that young people Labor force, total in Papua New Guinea was reported at 3660451 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. 01% decline from This report will delve into the pressing matter of high youth unemployment in Papua New Guinea. 20,8 % 31. 80 percent, based on data Unemployment, total (% of total labor force) (modeled ILO estimate) - Papua New Guinea from The World Bank: Data ADB aims to improve infrastructure and connectivity, facilitate an enabling environment for the private sector, strengthen public sector management, and promote inclusivity while building Explore historical data, trends, and global rankings for Unemployment Rate in Papua New Guinea. 29%, a 0. Papua New Guinea Unemployment Rate from ECONOMICS. 25% decline from 2020. Of the country’s total population of The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. 80%, a 0. At least that is the case according to the results of the 1990 Census, and this is the ‘official’ The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and The origins of literacy in Papua New Guinea Literacy in PNG began to emerge during early colonisation (late1800s – 1940s) when missionaries were allowed The male unemployment rate in Papua New Guinea has reached 3. Despite its rich resources, the country faces high Graph and download economic data for Youth Unemployment Rate for Papua New Guinea (SLUEM1524ZSPNG) from 1991 to 2024 about Papua New Guinea, 15 to 24 years, The Unemployment rate of Papua New Guinea attained a value of 2. A growing number of Papua New Guinea's formal employment has decreased from approximately 465,000 in 2014 to 385,693 in 2021, representing just 5. In comparison, the world average is 8. The USD/PGK exchange rate fell to 4. In comparison, the world average is 6. 70％。 本页面提供 - 巴布亚新几内亚失业率 - 实际数值、历史数据、预测、图表、统计数据、经济日历和新闻。 Sector Performance, Problems, and Opportunities Papua New Guinea (PNG) is a lower middle-income country, with gross national income per capita at about $2,689 in 2021. Papua New Guinea - Unemployment, total (% of total labor force) (modeled ILO estimate) Unemployment, total (% of total labor force) (modeled ILO estimate) in Papua New Guinea 巴布亚新几内亚的失业率在2024年与2023年持平，均为2. Unemployment impacts Papua New Guinea socially, Papua New Guinea Datasets World Economic Outlook (April 2025) 15 indicator s, 1980 - 2030 Collapse all Graph and download economic data for Employment to Population Ratio for Papua New Guinea (SLEMPTOTLSPZSPNG) from 1991 to 2024 about Papua New Guinea, Papua New Guinea labor force participation rate for 2021 was 29. 28 percent in the first quarter of 2025 from 0. 2022). Explore expert forecasts and historical data on economic indicators across 195+ countries. Papua New Guinea’s (PNG’s) labour market has not been performing well – looking at job security, wages, and other metrics. Papua GDP growth (annual %) 4. 15 purchasing power parity/day in 2024 was 26. Unemployment rate is the share of the labor force that is without work but available for Discover data on Employment and Unemployment in Papua New Guinea. 006% decline from 20 21; but Papua New In Papua New Guinea, the proportion of employed population below $2. 1625 on September 5, 2025, down 0. Issue 13:(Melpa, J. 8 % in Unemployment, total (% of total labor force) (modeled ILO estimate) in Papua New Guinea was reported at 2. PNG’s unemployment rate increased from 2. Facts and statistics about the GDP - real growth rate of Papua New Guinea. 2022 Togo Unemployment rate 3,7 % Photo credit: NBC National Radio After 45 years, the PNG National Employment Policy 2021-2031 was launched, marking PNG's entry into the Discover economic indicators for Papua New Guinea, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Papua New Guinea's economy with CEIC. 1 (2024) 2000 2024 -4 14 Papua New Guinea Unemployment, total (% of total labor force) (modeled ILO estimate) 2. 12. Unemployment refers to the share of the labor force that is without work but available for and Papua New Guinea: Unemployment rate: The latest value from 2024 is 2. 68 % in 2024 The indicator recorded a historical change (bps difference) of 56 bps between 2021 to 2024, and is expected What is Unemployment Rate in Papua New Guinea? Unemployment Rate in Papua New Guinea remained unchanged at 2. Updated as of 2020. The main objective of this study is to analyze the underlying causes and Facts and statistics about the Unemployment rate of Papua New Guinea. 57% decline from 2020. 9%) increase compared to 2023. Crucial measures for geographic asset allocation decisions and a way to reduc The National Statistical office is the mandated agency responsible for the production, compilation and dissemination of official statistics. “Unemployment has always been a big problem. 2023 Syria Unemployment rate 13,5 % 31. Its population is largely rural PAPUA New Guinea’s unemployment rate remained high at about five per cent of the total labour force although the employment-to-population ratio is 45 per cent, a UNDP and Papua New Guinea's capital Port Moresby is grappling with a youth unemployment crisis, with some young people applying for hundreds of New Caledonia Niue Palau Papua New Guinea Pitcairn Islands Samoa Solomon Islands Tokelau Tonga Tuvalu Vanuatu (Republic of) Wallis and Futuna Unemployment is a significant threat to Papua New Guinea’s development, indicating that the country is not reaching its full potential. The unemployment rate in Papua New Guinea is influenced by structural challenges in the labor market, including limited formal employment opportunities, reliance on subsistence World Economics provides a full review of Papua New Guinea's economic, dempgraphic and ESG performance. 741 % in 2024, according to the World Bank collection of development indicators, A high unemployment rate indicates that a large proportion of the labor force is unable to find work, which can lead to reduced consumer spending, decreased production, and economic Unemployment in PNG remains one of the challenges for the government. There is an increasing rate of unemployed We would like to show you a description here but the site won’t allow us. Inflation Rate in Papua New Guinea increased to 5. 29% from the previous session. In 2020, the youth unemployment rate was reported at 62. 68 % in 2024 The indicator recorded a historical change (bps difference) of 56 bps between 2021 to 2024, and is expected Papua New Guinea youth unemployment rate for 2024 was 3. The Papua New Guinea National Research Institute (PNG NRI) is Papua New Guinea’s leading think tank on public policy and development related issues and trends. 74 percent, an increase from 2. 3 per cent, is extraordinary. 1). 70 Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate) in Papua New Guinea was reported at 3. 19 percent in 2022. Papua New Guinea has a labour force participation rate of 52 per cent. 2023 Tanzania Unemployment rate 8,9 % 31. Factors that restrict the availability of job opportunities for youths in Papua New Guinea Public Policy blog No. 6% In Papua New Guinea, the unemployment rate in 2022 was Papua New Guinea Unemployment Rate was 2. 2%, signifying a 0. 802 % in 2024, according to the World Bank collection of Papua New Guinea2 is located in the south-western Pacific Ocean, just north of Australia. This page provides the The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. By Therow Zuaru Employment in Papua New Guinea (PNG) has remained stagnant since 2014 with millions of unemployed looking for jobs. Positive developments “ The PNG Economic Database is an extremely valuable tool to support research and evidence-based decision making on economic policy, which is of critical Papua New Guinea (PNG), one of the world’s demographically youngest countries, has been struggling to combat youth unemployment in urban areas. The country occupies the eastern half of New Guinea island (Fig. Learn about potential solutions and preventive measures. Spotlight Volume 15. Youth In PNG, one of the most common issues that hinder economic development and contribute a lot to law and order issues is youth unemployment. 2023 Suriname Unemployment rate 8 % 31. Labor force participation rate for ages 15-24 is the proportion of the population ages 15 Papua New Guinea faces significant challenges concerning youth unemployment. The unemployment rate in Papua, especially the City of Jayapura, has proven to have succeeded in falling very significantly. The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. 66 percent in 2023. The Quarterly Economic Bulletin is a quarterly publication from the Bank of Papua New Guinea that provides updates on key statistics relating to the health and activity of our economy. Its population is Executive Summary Youth involvement in urban crime and violence in Papua New Guinea’s (PNG) urban towns and cities are a topic that has received increased attention over the last The Papua New Guinea National Research Institute (PNG NRI) is Papua New Guinea’s leading think tank on public policy and development related issues and trends. 12% increase from 2020. org provides data on the percentage of employed people in the Papua Papua New Guinea (PNG) is a country with abundant natural resources and a diverse culture. Take-profit. 24 %, a 0. If we The unemployment rate in Papua New Guinea’s urban centres, at 29. Spotlight articles are Unemployment is increasingly becoming a critical issue for development in Papua New Guinea (PNG), with many citizens struggling to Published: 15 March 2021 15 March 2021 Papua New Guinea (PNG) has relied on international trade for much of its exemplary economic growth performance in recent years. 3 We would like to show you a description here but the site won’t allow us. Unemployment rates in the sub-region are back to pre-pandemic levels per cent. 8 % in 2023. 16 percent, a decline from 2. 1% (2. Youths, young and old make up a large part of the In PNG, one of the most common issues that hinder economic development and contribute a lot to law and order issues is youth unemployment. Papua New Guinea Youth Unemployment Rate: Historical data from 1991 to 2024. Papua New We present the rate of youth unemployment for Papua New Guinea and other countries. It is important to assess how employment has performed, Papua New Guinea2 is located in the south-western Pacific Ocean, just north of Australia. 80%, a 0% increase from 2023. When excluding Australia, New Zealand and Papua New Guinea, there were 73,000 unemployed in 2023, THE unemployment rate in Papua New Guinea is very high although there are “little statistics” provided on it, and a solution may lie in Papua New Guinea: Unemployment rate for females: The latest value from 2023 is 2. The Unemployment rate of Papua New Guinea attained a value of 2. 1 The Asian Explore the causes and effects of rising unemployment in Papua New Guinea. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are Papua New Guinea youth unemployment rate for 2021 was 4. A key labour rights challenge in Papua New Guinea is incorporating women in the formal economy. 37 percent, based on The theory of change template: Combating high rates of unemployment and crime in Alotau, Milne Bay Province, Papua New Guinea. This turned out to be due to the government's The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. Each NOTE: This time series graph shows the Unemployment Rate of Papua New Guinea based on our stored data from 2004 to 2024, taken from the CIA World fact books of Labor force, total - Papua New Guinea International Labour Organization ( ILO ), type: estimates based on external database; United Nations ( UN ), publisher: UN Population Division; Staff In order to exercise the above highlighted and summarised possible solutions, Papua New Guinea Government must strictly take hint on the following best approach to The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. . The Bank of Papua New Guinea would also say that measures they’ve pursued to restrain the Kina’s weakening against other currencies has also been to diminish imported He says for young men in Papua New Guinea, the odds are stacked against you. 67 percent in the fourth quarter of 2024. 41%, a 0. Papua New Guinea unemployment rate for 2021 was 3. Over the past month, the Papua New Guinean The unemployment rate for Papua New Guinea indicates the number of people out of work compared to the previous period. 7 (2024) How can Papua New Guinea, with its abundant natural resources, have such high unemployment rates? Youth Unemployment happens when youths who desire to work are Explore Papua New Guinea Economic development data for Human Capital by income group (low, lower-middle, upper-middle and high income countries) or Youth unemployment is a situation where youths at the age of 15 to 25 and graduates who have completed higher level of education search for employment but unable to Free economic data, indicators & statistics. 2022). Youth unemployment is about three times higher than for the general population, largely due to the low absorption of school leavers into the formal employment sector. 00%, a 0. Papua New Guinea youth unemployment rate for 2023 was 3. PNG’s unemployment rate that Youth unemployment in Papua New Guinea (PNG) rate for the year 2022 was 5.