The economy has recovered to pre-COVID level but remains below its pre-COVID trajectory. The COVID-19 crisis led to an economic contraction in 2020-21 before recovering by 5.2 percent in 2022...
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Papua New Guinea Digital Europa Thesaurus
inflation
Most economies in developing East Asia and Pacific (EAP), other than several Pacific Island Countries, have recovered from the succession of shocks since 2020 and are continuing to grow...
The report, Benefiting from High Commodity Prices, looks at recent key developments in PNG’s economy, and places these in the longer-term global and regional context where growth is decelerating...