Unemployment Rate in Papua New Guinea remained unchanged at 2.40 percent in 2018 from 2.40 percent in 2017.

Unemployment Rate in Papua New Guinea averaged 2.58 percent from 1991 until 2018, reaching an all time high of 2.90 percent in 2000 and a record low of 2.40 percent in 2007. This page provides - Papua New Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Papua New Guinea is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Unemployment Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.


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Papua New Guinea Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.40 2.90 2.40 1991 - 2018 percent Yearly

Papua New Guinea Unemployment Rate
In Papua New Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Papua New Guinea Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 2.90 2.40 percent [+]
Minimum Wages 140.00 140.80 140.80 22.96 PGK/Week [+]
Population 8.61 8.44 8.61 2.26 Million [+]