Comparisons / Comparison of Latvia and Papua New Guinea

Comparison of Latvia and Papua New Guinea [S]ave

Attribute
Papua New Guinea
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Latvia
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Geography
Area (km²)462,84064,589
1ContinentAustraliaEurope
Land area (km²)452,86062,249
Water area (km²)9,9802,340
Land boundaries (km)8241,370
Border countries
  • Indonesia
  • Belarus
  • Estonia
  • Lithuania
  • Russia
Coastline (km)5,152498
Mean elevation (m)66787
Lowest point (m)00
Highest point (m)4,509312
People
Population7,259,4561,881,232
Official languages
  • Tok Pisin
  • Latvian
ReligionRoman CatholicLutheran
Government
Long country nameIndependent State of Papua New GuineaRepublic of Latvia
Short country namePapua New GuineaLatvia
Long local name-Latvijas Republika
Short local namePapuaniuginiLatvija
Former name
  • Territory of Papua and New Guinea
  • Latvian Soviet Socialist Republic
Government typeParliamentary democracyParliamentary republic
CapitalPort MoresbyRiga
Economy
GDP (PPP) (USD)30,190,000,00054,020,000,000
GDP (OER) (USD)19,820,000,00030,330,000,000
GDP (real growth rate) (%)2.54.5
GDP - per capita (PPP) (USD)3,70027,700
Gross national saving (% of GDP)36.820.7
Labor force3,681,000990,000
Unemployment rate (%)2.58.7
Population below poverty line (%)3725.5
Budget revenues (USD)3,638,000,00011,390,000,000
Budget expenditures (USD)4,591,000,00011,530,000,000
Military expenditures (% of GDP)0.272.01
Taxes and other revenues (% of GDP)18.437.5
Budget surplus or deficit (% of GDP)-4.8-0.5
Public debt (% of GDP)36.936.3
Inflation rate (%)5.42.9
Central bank discount rate (%)140
Commercial bank prime lending rate (%)8.42.58
Stock of narrow money (USD)5,409,000,00012,910,000,000
Stock of broad money (USD)5,409,000,00012,910,000,000
Stock of domestic credit (USD)7,091,000,00017,270,000,000
Market value of publicly traded shares (USD)10,710,000,0006,760,000,000
Current account balance (USD)4,859,000,000-231,000,000
Exports (USD)8,522,000,00012,840,000,000
Imports (USD)1,876,000,00015,790,000,000
Reserves of foreign exchange and gold (USD)1,735,000,0004,614,000,000
External debt (USD)17,940,000,00040,020,000,000
National currencykinalati
National currency (code)PGKLVL
National currency (symbol)KLs
National currency rate to USD3.1790.885



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