Population, Total for Papua New Guinea

POPTOTPGA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10,576,502.00

Year-over-Year Change

30.87%

Date Range

1/1/1960 - 1/1/2024

Summary

This economic trend measures the total population of Papua New Guinea, a key indicator for development economists and policymakers.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The total population of Papua New Guinea is a fundamental metric for understanding the country's demographic and economic trends. It is widely used by analysts to assess factors like resource allocation, infrastructure needs, and economic growth potential.

Methodology

The data is collected by the World Bank through national census and household survey programs.

Historical Context

Population data is crucial for informing economic and social policies in Papua New Guinea.

Key Facts

  • Papua New Guinea has a population of over 9 million as of 2021.
  • The population has grown by over 2% annually in recent decades.
  • Over 80% of the population lives in rural areas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total population of Papua New Guinea, including all residents regardless of legal status or citizenship.

Q: Why is this trend relevant for users or analysts?

A: Population data is critical for informing economic and social policies, as well as understanding development challenges and opportunities in Papua New Guinea.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank through national census and household survey programs in Papua New Guinea.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this population data to plan infrastructure, allocate resources, and assess economic growth potential in Papua New Guinea.

Q: Are there update delays or limitations?

A: The data is updated annually, but there may be some delays in publishing the latest figures from national statistics agencies.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Papua New Guinea (POPTOTPGA647NWDB), retrieved from FRED.