Micronesia (country) vs Papua New Guinea: Gross domestic product (GDP), Constant prices, Purchasing power
Gross domestic product (GDP), Constant prices, Purchasing power over time
- Micronesia (country)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 0.9794 against 0.662 in Micronesia (country), a difference of 0.3174.
That makes Papua New Guinea's figure about 1.5 times Micronesia (country)'s.
The two have swapped places 14 times across 36 shared years of data; in 1996 it was Papua New Guinea ahead.
Micronesia (country) ranks 35th and Papua New Guinea ranks 34th of 37 countries.
Across the 5 decades both report, Micronesia (country) averaged higher in 3 and Papua New Guinea in 2.
Head to head by decade
| Decade | Micronesia (country) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.62 | -0.8653 | 0.7576 | Papua New Guinea |
| 2000s | 0.7029 | 0.3986 | 0.3043 | Micronesia (country) |
| 2010s | 1.46 | -0.0507 | 1.51 | Micronesia (country) |
| 2020s | 1.07 | 0.2824 | 0.7887 | Micronesia (country) |
| 2030s | 0.6619 | 0.9794 | 0.3175 | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), constant prices, purchasing power, Micronesia (country) or Papua New Guinea?
- Papua New Guinea, at 0.9794 against 0.662 in Micronesia (country) as of 2031.
- What is the difference in gross domestic product (gdp), constant prices, purchasing power between Micronesia (country) and Papua New Guinea?
- 0.3174, with Papua New Guinea ahead.
- How many years of comparable data are there for Micronesia (country) and Papua New Guinea?
- 36 years are reported by both, from 1996 to 2031.
- How do Micronesia (country) and Papua New Guinea rank globally for gross domestic product (gdp), constant prices, purchasing power?
- Micronesia (country) ranks 35th and Papua New Guinea ranks 34th of 37 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA)). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.