Latin America & the Caribbean (IDA & IBRD countries) vs Papua New Guinea: Adjusted savings: mineral depletion
Adjusted savings: mineral depletion over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 9.2% against 1.8% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 7.4%.
That makes Papua New Guinea's figure about 5.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 3 times across 52 shared years of data; in 1970 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 10th and Papua New Guinea ranks 9th of 47 groups.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | 8.9% | 8.5% | Papua New Guinea |
| 1980s | 0.4% | 11.3% | 10.9% | Papua New Guinea |
| 1990s | 0.2% | 6.0% | 5.8% | Papua New Guinea |
| 2000s | 0.5% | 7.2% | 6.6% | Papua New Guinea |
| 2010s | 0.6% | 3.5% | 2.9% | Papua New Guinea |
| 2020s | 1.1% | 5.6% | 4.5% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: mineral depletion, Latin America & the Caribbean (IDA & IBRD countries) or Papua New Guinea?
- Papua New Guinea, at 9.2% against 1.8% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: mineral depletion between Latin America & the Caribbean (IDA & IBRD countries) and Papua New Guinea?
- 7.4%, with Papua New Guinea ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Papua New Guinea?
- 52 years are reported by both, from 1970 to 2021.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Papua New Guinea rank globally for adjusted savings: mineral depletion?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 10th and Papua New Guinea ranks 9th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: mineral depletion (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.