Asian Development Bank and Papua New Guinea: Fact Sheet
ADB will support Papua New Guinea’s strategic objectives through policy analysis and advice, sovereign and nonsovereign financing facilities, and strategically targeted technical assistance.
The economy of PNG is small, open, and export-oriented. Mineral products (including oil, gas, liquid natural gas, gold, and copper) account for roughly 84% of all exports, with agriculture, forestry, and marine products contributing the other 16%. The economy is estimated to have contracted by at least 2.9% in 2020, largely due to the impacts of the coronavirus disease (COVID-19) pandemic.
The overall objective of ADB’s country partnership strategy for PNG is to support diversified, sustained, and inclusive growth through three strategic pathways.
Updated yearly, this ADB Fact Sheet provides concise information on ADB's operations in the country and contact information.