Papua New Guinea Economy

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The Papua New Guinea economy with a population of 6.7 Million (Est 2010) ranks 131st in the world with a GDP PPP of 13 billion and GDP PPP per capita of 2,167 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Papua New Guinea Kina (PGK). Bank deposits held for a fixed term in Papua New Guinea are called term deposits. According to CIA.gov its inflation was 10.7% in 2008 and 6.9% in 2009.

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