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Economy power of Papua New Guinea & Thailand

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Papua New Guinea vs Thailand

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Papua New Guinea Thailand
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The official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea The Kingdom of Thailand was earlier on known as Siam. It is a nation that plays a crucial role in Southeast Asia where it is located. Since it is at the centre of the Indochinese Peninsula, it is bordered by many different nations, including Myanmar, Laos, Cambodia and Malaysia. Interestingly, they also share maritime borders with Vietnam, Indonesia, and India. It is important to know that in spite of being a constitutional monarchy, there have been several coups and periods of dictatorships enforced by military groups. More about Thailand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Papua New Guinea Thailand
Position in the ranking of countries 104 (2023) 26 (2023)
GDP [US$] 30,729,242,919 514,968,699,239
Percentage of the other 6 % 1675.8 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Papua New Guinea Thailand
Position in the ranking of countries 103 (2023) 29 (2023)
GNI [US$] 28,819,335,417 503,339,156,913
Percentage of the other 5.7 % 1746.5 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Papua New Guinea Thailand
Position in the ranking of countries 48 (2004) 29 (2023)
External balance [US$] 520,159,449 9,058,970,399
Percentage of the other 5.7 % 1741.6 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Papua New Guinea Thailand
Position in the ranking of countries 48 (2004) 29 (2023)
Unemployment [%] 2.74 0.69
Percentage of the other 397.1 % 25.2 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Papua New Guinea Thailand
Position in the ranking of countries 91 (2023) 20 (2023)
Population 10,389,635 71,702,435
Percentage of the other 14.5 % 690.1 %

Population growth (annual %)

Density

Gender

Demography