in Papua New Guinea Average Temperature By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Temperature in Papua New Guinea decreased to 25.56 celsius in December from 25.60 celsius in November of 2015. Temperature in Papua New Guinea averaged 24.46 celsius from 1882 until 2015, reaching an all time high of 25.93 celsius in March of 1942 and a record low of 21.78 celsius in July of 1923. This page includes a chart with historical data for Papua New Guinea Average Temperature. Full Article
in Deposit Interest Rate in Papua New Guinea By tradingeconomics.com Published On :: Fri, 15 Feb 2019 18:29:00 GMT Deposit Interest Rate in Papua New Guinea decreased to 0.50 percent in 2017 from 0.60 percent in 2016. Deposit Interest Rate in Papua New Guinea averaged 5.16 percent from 1980 until 2017, reaching an all time high of 11.49 percent in 1986 and a record low of 0.33 percent in 2013. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Papua New Guinea. Full Article
in Papua New Guinea Government Budget By tradingeconomics.com Published On :: Mon, 08 Apr 2019 16:29:00 GMT Papua New Guinea recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Papua New Guinea averaged -2 percent of GDP from 1998 until 2018, reaching an all time high of 3.10 percent of GDP in 2006 and a record low of -7.80 percent of GDP in 2013. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Papua New Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Current Account to GDP By tradingeconomics.com Published On :: Mon, 08 Apr 2019 16:38:00 GMT Papua New Guinea recorded a Current Account surplus of 26.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Papua New Guinea averaged 2.83 percent from 1994 until 2018, reaching an all time high of 26.70 percent in 2018 and a record low of -36.10 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Papua New Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Government Debt to GDP By tradingeconomics.com Published On :: Fri, 03 May 2019 13:39:00 GMT Papua New Guinea recorded a government debt equivalent to 36.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Papua New Guinea averaged 32.86 percent from 1994 until 2018, reaching an all time high of 46.90 percent in 2001 and a record low of 16.30 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Papua New Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Military Expenditure By tradingeconomics.com Published On :: Mon, 06 May 2019 13:19:00 GMT Military Expenditure in Papua New Guinea decreased to 59.90 USD Million in 2018 from 71.90 USD Million in 2017. Military Expenditure in Papua New Guinea averaged 86.91 USD Million from 1975 until 2018, reaching an all time high of 148 USD Million in 1994 and a record low of 31.80 USD Million in 1975. Full Article
in Papua New Guinea Social Security Rate For Employees By tradingeconomics.com Published On :: Tue, 18 Jun 2019 13:39:00 GMT The Social Security Rate For Employees in Papua New Guinea stands at 6 percent. In Papua New Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Papua New Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Papua New Guinea Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea GDP per capita By tradingeconomics.com Published On :: Tue, 02 Jul 2019 16:01:00 GMT The Gross Domestic Product per capita in Papua New Guinea was last recorded at 2400.20 US dollars in 2018. The GDP per Capita in Papua New Guinea is equivalent to 19 percent of the world's average. GDP per capita in Papua New Guinea averaged 1665.29 USD from 1960 until 2018, reaching an all time high of 2448.70 USD in 2016 and a record low of 1012.40 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Papua New Guinea GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea GDP Annual Growth Rate By tradingeconomics.com Published On :: Thu, 04 Jul 2019 16:55:00 GMT The Gross Domestic Product (GDP) in Papua New Guinea expanded 0.30 percent in 2018 from the previous year. GDP Annual Growth Rate in Papua New Guinea averaged 3.89 percent from 1995 until 2018, reaching an all time high of 12.50 percent in 2014 and a record low of -6.34 percent in 1997. Papua New Guinea, one of the poorest and most isolated countries in the world, has been growing consistently in recent years. Papua New Guinea is rich in natural resources, such as oil, gold and copper. Natural resource extraction, the most important sector of the economy, accounts for 60 percent of GDP and a large share of government revenues. Agriculture is also important, since it employs up to 85 percent of the population. Revenues from natural resource exploitation have resulted in high government spending and a construction boom. Yet, as the country suffers from endemic corruption and lacks a functioning legal system, inequality has been increasing. This page provides - Papua New Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea GDP per capita PPP By tradingeconomics.com Published On :: Mon, 08 Jul 2019 13:08:00 GMT The Gross Domestic Product per capita in Papua New Guinea was last recorded at 3821 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Papua New Guinea, when adjusted by Purchasing Power Parity is equivalent to 22 percent of the world's average. GDP per capita PPP in Papua New Guinea averaged 2962.67 USD from 1990 until 2018, reaching an all time high of 3898.20 USD in 2016 and a record low of 2217.80 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Papua New Guinea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Gold Reserves By tradingeconomics.com Published On :: Fri, 01 Nov 2019 17:05:00 GMT Gold Reserves in Papua New Guinea remained unchanged at 1.96 Tonnes in the fourth quarter of 2019 from 1.96 Tonnes in the third quarter of 2019. Gold Reserves in Papua New Guinea averaged 1.96 Tonnes from 2000 until 2019, reaching an all time high of 2 Tonnes in the first quarter of 2018 and a record low of 1.96 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Papua New Guinea Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Terrorism Index By tradingeconomics.com Published On :: Wed, 20 Nov 2019 17:44:00 GMT Terrorism Index in Papua New Guinea decreased to 1.36 in 2018 from 2.04 in 2017. Terrorism Index in Papua New Guinea averaged 0.35 from 2002 until 2018, reaching an all time high of 2.04 in 2017 and a record low of 0 in 2012. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact). Full Article
in Papua New Guinea Inflation Rate By tradingeconomics.com Published On :: Tue, 21 Jan 2020 18:08:00 GMT The inflation rate in Papua New Guinea was recorded at 3.30 percent in the third quarter of 2019. Inflation Rate in Papua New Guinea averaged 6.95 percent from 1978 until 2019, reaching an all time high of 23.16 percent in the third quarter of 1995 and a record low of -1.61 percent in the third quarter of 2007. In Papua New Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Papua New Guinea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Papua New Guinea Consumer Price Index Cpi By tradingeconomics.com Published On :: Tue, 21 Jan 2020 18:11:00 GMT Consumer Price Index Cpi in Papua New Guinea increased to 144.50 points in the third quarter of 2019 from 143.50 points in the second quarter of 2019. Consumer Price Index Cpi in Papua New Guinea averaged 127.73 points from 2014 until 2019, reaching an all time high of 144.50 points in the third quarter of 2019 and a record low of 108.80 points in the first quarter of 2014. This page provides - Papua New Guinea Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Food Inflation By tradingeconomics.com Published On :: Tue, 21 Jan 2020 18:13:00 GMT Cost of food in Papua New Guinea increased 3 percent in September of 2019 over the same month in the previous year. Food Inflation in Papua New Guinea averaged 4.21 percent from 1978 until 2019, reaching an all time high of 23.73 percent in the first quarter of 2003 and a record low of -90.40 percent in the fourth quarter of 2010. This page provides the latest reported value for - Papua New Guinea Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Papua New Guinea Corruption Index By tradingeconomics.com Published On :: Thu, 23 Jan 2020 09:44:00 GMT Papua New Guinea scored 28 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Papua New Guinea averaged 24.18 Points from 2003 until 2019, reaching an all time high of 29 Points in 2017 and a record low of 20 Points in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Papua New Guinea Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Papua New Guinea Corruption Rank By tradingeconomics.com Published On :: Thu, 23 Jan 2020 09:45:00 GMT Papua New Guinea is the 137 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Papua New Guinea averaged 139.94 from 2003 until 2019, reaching an all time high of 162 in 2007 and a record low of 102 in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Papua New Guinea Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Papua New Guinea Sales Tax Rate - GST By tradingeconomics.com Published On :: Tue, 28 Jan 2020 14:51:00 GMT The Sales Tax Rate in Papua New Guinea stands at 10 percent. In Papua New Guinea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Corporate Tax Rate By tradingeconomics.com Published On :: Wed, 29 Jan 2020 17:50:00 GMT The Corporate Tax Rate in Papua New Guinea stands at 30 percent. Corporate Tax Rate in Papua New Guinea averaged 28.75 percent from 1997 until 2020, reaching an all time high of 30 percent in 2003 and a record low of 25 percent in 1998. In Papua New Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the statutory rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Unemployment Rate By tradingeconomics.com Published On :: Tue, 11 Feb 2020 15:19:00 GMT Unemployment Rate in Papua New Guinea remained unchanged at 2.40 percent in 2019 from 2.40 percent in 2018. Unemployment Rate in Papua New Guinea averaged 2.58 percent from 1991 until 2019, reaching an all time high of 2.90 percent in 2000 and a record low of 2.40 percent in 2007. In Papua New Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Papua New Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Personal Income Tax Rate By tradingeconomics.com Published On :: Thu, 20 Feb 2020 19:27:00 GMT The Personal Income Tax Rate in Papua New Guinea stands at 42 percent. Personal Income Tax Rate in Papua New Guinea averaged 42.76 percent from 2004 until 2020, reaching an all time high of 47 percent in 2005 and a record low of 42 percent in 2007. In Papua New Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Exports By tradingeconomics.com Published On :: Mon, 24 Feb 2020 16:53:00 GMT Exports in Papua New Guinea decreased to 9191 PGK Million in the third quarter of 2019 from 9464 PGK Million in the second quarter of 2019. Exports in Papua New Guinea averaged 3708.94 PGK Million from 1997 until 2019, reaching an all time high of 10574 PGK Million in the fourth quarter of 2018 and a record low of 623 PGK Million in the fourth quarter of 1997. Commodities account for over 90 percent of Papua New Guinea's exports. Papua New Guinea mainly exports gold, oil, copper, coffee, cocoa, vegetable oils, fish and wood. Papua New Guinea's main exports partners are Australia, Japan, the Netherlands, Germany, China, South Korea, Philippines, Spain, the United Kingdom and the United States. This page provides - Papua New Guinea Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Imports By tradingeconomics.com Published On :: Mon, 24 Feb 2020 16:56:00 GMT Imports in Papua New Guinea increased to 2515 PGK Million in the third quarter of 2019 from 2115 PGK Million in the second quarter of 2019. Imports in Papua New Guinea averaged 1713 PGK Million from 1997 until 2019, reaching an all time high of 3882 PGK Million in the fourth quarter of 2018 and a record low of 518 PGK Million in the first quarter of 1998. Papua New Guinea mainly imports fuel, rice, vehicles, heavy machinery, meat, iron and steel, and tires. Papua New Guinea's main imports partners are Australia, the United States, Singapore, China, Japan, New Zealand, Malaysia, Hong Kong and Indonesia. This page provides - Papua New Guinea Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Balance of Trade By tradingeconomics.com Published On :: Mon, 24 Feb 2020 16:58:00 GMT Papua New Guinea recorded a trade surplus of 6676 PGK Million in the third quarter of 2019. Balance of Trade in Papua New Guinea averaged 1996.49 PGK Million from 1997 until 2019, reaching an all time high of 7349 PGK Million in the second quarter of 2019 and a record low of 75 PGK Million in the fourth quarter of 1997. As a major exporter of commodities, Papua New Guinea consistently runs trade surpluses. Papua New Guinea mainly exports gold, oil, copper, coffee, cocoa, vegetable oils, fish and wood. Papua New Guinea mainly imports fuel, rice, vehicles, heavy machinery, meat, iron and steel, and tires. Papua New Guinea's main trading partners are Australia, Japan, China, the United States, Singapore and the Netherlands. This page provides - Papua New Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Minimum Wages By tradingeconomics.com Published On :: Mon, 24 Feb 2020 17:00:00 GMT Minimum Wages in Papua New Guinea remained unchanged at 140.80 PGK/Week in the third quarter of 2019 from 140.80 PGK/Week in the second quarter of 2019. Minimum Wages in Papua New Guinea averaged 70.33 PGK/Week from 1997 until 2019, reaching an all time high of 140.80 PGK/Week in the second quarter of 2014 and a record low of 22.96 PGK/Week in the second quarter of 1997. This page provides - Papua New Guinea Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Current Account By tradingeconomics.com Published On :: Mon, 24 Feb 2020 17:08:00 GMT Papua New Guinea recorded a Current Account surplus of 2256.70 PGK Million in October of 2019. Current Account in Papua New Guinea averaged 774.86 PGK Million from 1997 until 2019, reaching an all time high of 24564.30 PGK Million in June of 2019 and a record low of -2266 PGK Million in December of 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Papua New Guinea Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Foreign Exchange Reserves By tradingeconomics.com Published On :: Mon, 24 Feb 2020 17:11:00 GMT Foreign Exchange Reserves in Papua New Guinea increased to 2338.10 USD Million in December from 2210.10 USD Million in November of 2019. Foreign Exchange Reserves in Papua New Guinea averaged 2059.20 USD Million from 2013 until 2019, reaching an all time high of 3064 USD Million in October of 2013 and a record low of 1609.20 USD Million in May of 2018. This page provides - Papua New Guinea Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Population By tradingeconomics.com Published On :: Fri, 06 Mar 2020 17:21:00 GMT The total population in Papua New Guinea was estimated at 8.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Papua New Guinea had a population of 2.3 million people. The population of Papua New Guinea represents 0.10 percent of the world´s total population which arguably means that one person in every 995 people on the planet is a resident of Papua New Guinea. This page provides - Papua New Guinea Population - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea GDP By tradingeconomics.com Published On :: Fri, 06 Mar 2020 17:21:00 GMT The Gross Domestic Product (GDP) in Papua New Guinea was worth 24 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Papua New Guinea represents 0.02 percent of the world economy. GDP in Papua New Guinea averaged 6.04 USD Billion from 1960 until 2019, reaching an all time high of 24 USD Billion in 2019 and a record low of 0.23 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Papua New Guinea GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Papua New Guinea Interest Rate By tradingeconomics.com Published On :: Sat, 21 Mar 2020 13:56:00 GMT The benchmark interest rate in Papua New Guinea was last recorded at 5 percent. Interest Rate in Papua New Guinea averaged 7.81 percent from 2001 until 2019, reaching an all time high of 16 percent in June of 2003 and a record low of 5 percent in December of 2019. In Papua New Guinea, the benchmark interest rate is set by the Bank of Papua New Guinea. The official interest rate is the Kina Facility Rate. This page provides - Papua New Guinea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea Crude Oil Production By tradingeconomics.com Published On :: Mon, 13 Apr 2020 16:06:00 GMT Crude Oil Production in Papua New Guinea decreased to 50 BBL/D/1K in December from 51 BBL/D/1K in November of 2019. Crude Oil Production in Papua New Guinea averaged 56.53 BBL/D/1K from 1994 until 2019, reaching an all time high of 115 BBL/D/1K in June of 1997 and a record low of 3.70 BBL/D/1K in March of 2005. This page provides - Papua New Guinea Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Papua New Guinea - Credit Rating By tradingeconomics.com Published On :: Sat, 09 May 2020 10:15:00 GMT Standard & Poor's credit rating for Papua New Guinea stands at B- with stable outlook. Moody's credit rating for Papua New Guinea was last set at B2 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Papua New Guinea thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Papua New Guinea as reported by major credit rating agencies. Full Article
in Papua New Guinea Coronavirus Cases By tradingeconomics.com Published On :: Sat, 09 May 2020 12:43:00 GMT Papua New Guinea recorded 8 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Papua New Guinea did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Papua New Guinea Coronavirus Cases. Full Article
in Papua New Guinea Coronavirus Deaths By tradingeconomics.com Published On :: Sat, 09 May 2020 12:43:00 GMT Papua New Guinea did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Papua New Guinea Coronavirus Deaths. Full Article
in Papua New Guinea Coronavirus Recovered By tradingeconomics.com Published On :: Sat, 09 May 2020 12:44:00 GMT Papua New Guinea recorded 8 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Papua New Guinea did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Papua New Guinea Coronavirus Recovered. Full Article
in Zimbabwe Living Wage Family By tradingeconomics.com Published On :: Tue, 13 Nov 2018 14:00:00 GMT Living Wage Family in Zimbabwe remained unchanged at 575 USD/Month in 2018 from 575 USD/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. Full Article
in Zimbabwe Competitiveness Index By tradingeconomics.com Published On :: Wed, 09 Oct 2019 17:47:00 GMT Zimbabwe scored 44.24 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Zimbabwe averaged 12.37 Points from 2007 until 2019, reaching an all time high of 44.24 Points in 2019 and a record low of 2.77 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Zimbabwe Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Ease of Doing Business in Zimbabwe By tradingeconomics.com Published On :: Mon, 11 Nov 2019 17:36:00 GMT Zimbabwe is ranked 140 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Zimbabwe improved to 140 in 2019 from 155 in 2018. Ease of Doing Business in Zimbabwe averaged 160.08 from 2008 until 2019, reaching an all time high of 171 in 2011 and a record low of 140 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Zimbabwe. Full Article
in Zimbabwe Terrorism Index By tradingeconomics.com Published On :: Wed, 20 Nov 2019 17:44:00 GMT Terrorism Index in Zimbabwe increased to 2.83 in 2018 from 1.57 in 2017. Terrorism Index in Zimbabwe averaged 1.87 from 2002 until 2018, reaching an all time high of 3.74 in 2002 and a record low of 0.20 in 2016. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact). Full Article
in Zimbabwe Corruption Index By tradingeconomics.com Published On :: Thu, 23 Jan 2020 09:44:00 GMT Zimbabwe scored 24 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Zimbabwe averaged 24.77 Points from 1998 until 2019, reaching an all time high of 42 Points in 1998 and a record low of 18 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Zimbabwe Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Zimbabwe Personal Income Tax Rate By tradingeconomics.com Published On :: Mon, 10 Feb 2020 15:07:00 GMT The Personal Income Tax Rate in Zimbabwe stands at 24.72 percent. Personal Income Tax Rate in Zimbabwe averaged 40.76 percent from 2004 until 2020, reaching an all time high of 51.50 percent in 2015 and a record low of 24.72 percent in 2020. In Zimbabwe, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Zimbabwe. This page provides - Zimbabwe Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Zimbabwe Bank Lending Rate By tradingeconomics.com Published On :: Sat, 15 Feb 2020 10:19:00 GMT Bank Lending Rate in Zimbabwe increased to 16.08 percent in December from 15.06 percent in November of 2019. Bank Lending Rate in Zimbabwe averaged 12.07 percent from 2011 until 2019, reaching an all time high of 16.08 percent in December of 2019 and a record low of 8.86 percent in September of 2017. In Zimbabwe, the Bank Lending Rate is the sum of minimum nominal lending rates weighted by individual bank’s loan book sizes and published by the Reserve Bank of Zimbabwe. This page provides - Zimbabwe Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Zimbabwe Interest Rate By tradingeconomics.com Published On :: Thu, 26 Mar 2020 17:49:00 GMT The benchmark interest rate in Zimbabwe was last recorded at 25 percent. Interest Rate in Zimbabwe averaged 36.79 percent from 2019 until 2020, reaching an all time high of 70 percent in September of 2019 and a record low of 15 percent in March of 2019. The Reserve Bank of Zimbabwe is responsible for the formulation and implementation of monetary policy, directed at ensuring low and stable inflation levels. A further core function of the Bank is to maintain a stable banking system through its supervisory and lender of last resort functions. Its official rate is the interest rate on the Reserve Bank overnight window. Zimbabwe has appointed a monetary policy committee (MPC) at its central bank on September 10th, 2019. This page provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Zimbabwe Consumer Price Index Cpi By tradingeconomics.com Published On :: Fri, 17 Apr 2020 17:45:00 GMT Consumer Price Index Cpi in Zimbabwe increased to 810.40 points in March from 640.20 points in February of 2020. Consumer Price Index Cpi in Zimbabwe averaged 90.86 points from 2008 until 2020, reaching an all time high of 810.40 points in March of 2020 and a record low of 54.90 points in May of 2009. In Zimbabwe, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (33.5 percent of total weight); Housing and Utilities (17.7 percent); Household Contents, Equipment and Maintenance (9.9 percent) and Transport (9.8 percent). Others include: Clothing and Footwear (6.0 percent); Education (5.7 percent); Alcoholic Beverages and Tobacco (4.4 percent). Miscellaneous Goods and Services, Communication, Health, Recreation and Culture and Restaurants and Hotels account for the remaining 13 percent of total weight. This page provides - Zimbabwe Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Zimbabwe Cpi Housing Utilities By tradingeconomics.com Published On :: Fri, 17 Apr 2020 17:46:00 GMT Cpi Housing Utilities in Zimbabwe increased to 556.80 points in March from 354.30 points in February of 2020. Cpi Housing Utilities in Zimbabwe averaged 97.38 points from 2009 until 2020, reaching an all time high of 556.80 points in March of 2020 and a record low of 63.20 points in March of 2009. This page provides - Zimbabwe Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Zimbabwe - Credit Rating By tradingeconomics.com Published On :: Sun, 03 May 2020 00:01:00 GMT In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Zimbabwe thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Zimbabwe as reported by major credit rating agencies. Full Article
in Zimbabwe Inflation Rate By tradingeconomics.com Published On :: Fri, 08 May 2020 12:08:00 GMT The inflation rate in Zimbabwe was recorded at 676.39 percent in March of 2020. Inflation Rate in Zimbabwe averaged 35.90 percent from 2009 until 2020, reaching an all time high of 676.39 percent in March of 2020 and a record low of -7.50 percent in December of 2009. In Zimbabwe, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (31.3 percent of total weight); Housing and Utilities (27.6 percent); Transport (8.4 percent) and Miscellaneous Goods and Services (6.5 percent). Others include: Household Contents, Equipment and Maintenance (5.3 percent); Alcoholic Beverages and Tobacco (4.9 percent); Clothing and Footwear (4.3 percent) and Education (4.3 percent). Communication, Recreation and Culture, Health and Restaurants and Hotels account for the remaining 7.5 percent of total weight. This page provides the latest reported value for - Zimbabwe Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
in Zimbabwe Inflation Rate MoM By tradingeconomics.com Published On :: Fri, 08 May 2020 12:10:00 GMT The Consumer Price Index in Zimbabwe increased 26.59 percent in March of 2020 over the previous month. Inflation Rate Mom in Zimbabwe averaged 2.14 percent from 2009 until 2020, reaching an all time high of 39.26 percent in June of 2019 and a record low of -3 percent in February of 2009. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Zimbabwe Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
in Trinidad and Tobago IP Addresses By tradingeconomics.com Published On :: Fri, 27 Oct 2017 17:54:00 GMT IP Addresses in Trinidad and Tobago increased to 175628 IP in the first quarter of 2017 from 172771 IP in the fourth quarter of 2016. IP Addresses in Trinidad and Tobago averaged 165746.23 IP from 2007 until 2017, reaching an all time high of 227795 IP in the third quarter of 2014 and a record low of 33966 IP in the third quarter of 2007. This page includes a chart with historical data for Trinidad and TobagoIP Addresses. Full Article
in Trinidad and Tobago Average Precipitation By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Precipitation in Trinidad and Tobago increased to 228.15 mm in December from 133.43 mm in November of 2015. Precipitation in Trinidad and Tobago averaged 133.75 mm from 1901 until 2015, reaching an all time high of 377.51 mm in November of 1904 and a record low of 3.94 mm in February of 2010. This page includes a chart with historical data for Trinidad and Tobago Average Precipitation. Full Article