Kuwait vs Papua New Guinea: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Kuwait
- Papua New Guinea
How they compare
Kuwait currently reports 7.7% against 7.5% in Papua New Guinea, a difference of 0.2%.
The two have swapped places 9 times across 50 shared years of data; in 1970 it was Papua New Guinea ahead.
Kuwait ranks 165th and Papua New Guinea ranks 168th of 204 countries.
Across the 5 decades both report, Kuwait averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | Kuwait | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.0% | 8.4% | 3.4% | Papua New Guinea |
| 1980s | 4.3% | 8.5% | 4.1% | Papua New Guinea |
| 1990s | 6.5% | 8.8% | 2.3% | Papua New Guinea |
| 2000s | 6.8% | 6.5% | 0.2% | Kuwait |
| 2010s | 7.0% | 7.3% | 0.4% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Kuwait or Papua New Guinea?
- Kuwait, at 7.7% against 7.5% in Papua New Guinea as of 2019.
- What is the difference in adjusted savings: consumption of fixed capital between Kuwait and Papua New Guinea?
- 0.2%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Papua New Guinea?
- 50 years are reported by both, from 1970 to 2019.
- How do Kuwait and Papua New Guinea rank globally for adjusted savings: consumption of fixed capital?
- Kuwait ranks 165th and Papua New Guinea ranks 168th of 204 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.