Eritrea vs Papua New Guinea: Gross domestic income
Gross domestic income over time
- Eritrea
- Papua New Guinea
How they compare
Eritrea currently reports 31.75 billion constant LCU against 30.51 billion constant LCU in Papua New Guinea, a difference of 1.24 billion constant LCU.
The two have swapped places 2 times across 13 shared years of data; in 1992 it was Papua New Guinea ahead.
Eritrea ranks 144th and Papua New Guinea ranks 147th of 179 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Eritrea | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.51 billion constant LCU | 29.14 billion constant LCU | 5.63 billion constant LCU | Papua New Guinea |
| 2000s | 28.88 billion constant LCU | 29.57 billion constant LCU | 692.74 million constant LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Eritrea or Papua New Guinea?
- Eritrea, at 31.75 billion constant LCU against 30.51 billion constant LCU in Papua New Guinea as of 2011.
- What is the difference in gross domestic income between Eritrea and Papua New Guinea?
- 1.24 billion constant LCU, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Papua New Guinea?
- 13 years are reported by both, from 1992 to 2004.
- How do Eritrea and Papua New Guinea rank globally for gross domestic income?
- Eritrea ranks 144th and Papua New Guinea ranks 147th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.