How is the economy of Papua New Guinea? Based on the information we have, Papua New Guinea has a

lower-middle-income Pacific island economy; primarily informal agrarian sector; natural-resource-rich and key exporter of liquified natural gas; collapse in betel nut prices, tighter monetary policy, and improved foreign-exchange availability contributing to declining inflation; challenges include lack of progress in infrastructure, agricultural reform, and corruption

. Key agricultural products in this country include: oil palm fruit, coconuts, bananas, fruits, sweet potatoes, game meat, yams, root vegetables, vegetables, sugarcane (2023).