PAPUA NEW

GUINEA(PNG)
PEST ANALYSIS

POLITICAL FACTORS
parliamentary democracy
Expansionary fiscal policy
government borrowing since 2012 has been
sourced from local capital markets
mixed legal system of English common law
and customary law
41 political parties
Promotion of non mining sectors
Military expenditure is 0.54% of GDP

ECONOMIC FACTORS
labor-intensive agricultural sector and a capitalintensive mining and petroleum sector (2/3 rd of
export earnings)
Major American oil co.
Minging and petroleum share sector of GDP has
increased upto 20% in 2014
9 % GDP (2015 est.)
1.9% un-employment (08)
Inflation 6% (2015 est.)
Population below poverty line is 37%
Export>imports (2015 est.)

SOCIAL FACTORS
Most people living in PNG are Melanesian
Papua new Guinean
Tok Pisin, a creole language, english is
spoken by 1 to 2%,
Roman Catholic 27%, Protestant 69.4%
6,672,429 (est. 2015)
Population pyramid
Literacy rate: 64.2%
Urban pop.= 13%

TECHNOLOGICAL FACTORS
mobile phone usagestands ataround 50%
market penetration
National transmission networkis currently
under construction in PNG
Fiber optic wire being installed
IBMpredictsby 2016, there will be one
trillion cloud-ready devices connected to
the internet
University of technology