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The decision follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert different currencies into a common, comparable unit and account for price differences across countries. The new extreme poverty line of $2.15 per person per day is based on 2017 PPPs. [7]
The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. [20] However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. [ 21 ]
At 462,840 km 2 (178,704 sq mi), Papua New Guinea is the world's 54th-largest country and the third-largest island country. [14] Papua New Guinea is part of the Australasian realm, which also includes Australia, New Zealand, eastern Indonesia, and several Pacific island groups, including the Solomon Islands and Vanuatu.
The World Bank estimates the number of international migrants in Papua New Guinea to be about 0.3% of the population. [3] According to the 2000 and 2011 census, the most common places of origin for international migrants were the United States, Australia, the Philippines, and Indonesia. [4]
One study on working street children in Papua New Guinea surveyed 324 children, of which seven percent were currently living on the street, but overall, 51% had been living on the street at one point in the past. [3]
As many as 2,000 people are feared to have been buried by last week’s massive landslide in Papua New Guinea, according to the country’s National Disaster Centre, as survivors recounted the ...
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The landslide in the Pacific nation north of Australia buried more than 300 people and 1,182 houses, the Papua New Guinea Post Courier said, citing comments from a member of the country's ...