Adjusted savings: education expenditure (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0674 current US$ per US$ of GDP in 2021. ▲ Rising
Adjusted savings: education expenditure (current US$), per unit of GDP in Papua New Guinea, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for adjusted savings: education expenditure (current us$), per unit of gdp in Papua New Guinea is 0.0674 current US$ per US$ of GDP, measured in 2021.
That represents a change of down 1.2% on the previous year and up 7.9% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Papua New Guinea peaked at 0.0682 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0427 current US$ per US$ of GDP, in 1972.
That places Papua New Guinea 13th out of 194 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0609 current US$ per US$ of GDP | — |
| 1971 | 0.0597 current US$ per US$ of GDP | -1.9% |
| 1972 | 0.0427 current US$ per US$ of GDP | -28.5% |
| 1973 | 0.0588 current US$ per US$ of GDP | +37.7% |
| 1974 | 0.0582 current US$ per US$ of GDP | -1.1% |
| 1975 | 0.0594 current US$ per US$ of GDP | +2.2% |
| 1976 | 0.0599 current US$ per US$ of GDP | +0.8% |
| 1977 | 0.0676 current US$ per US$ of GDP | +12.8% |
| 1978 | 0.068 current US$ per US$ of GDP | +0.7% |
| 1979 | 0.0674 current US$ per US$ of GDP | -0.9% |
| 1980 | 0.0674 current US$ per US$ of GDP | -0.0% |
| 1981 | 0.0666 current US$ per US$ of GDP | -1.2% |
| 1982 | 0.0655 current US$ per US$ of GDP | -1.6% |
| 1983 | 0.0652 current US$ per US$ of GDP | -0.5% |
| 1984 | 0.0668 current US$ per US$ of GDP | +2.5% |
| 1985 | 0.0665 current US$ per US$ of GDP | -0.5% |
| 1986 | 0.0671 current US$ per US$ of GDP | +0.9% |
| 1987 | 0.0658 current US$ per US$ of GDP | -1.8% |
| 1988 | 0.0663 current US$ per US$ of GDP | +0.7% |
| 1989 | 0.0664 current US$ per US$ of GDP | +0.1% |
| 1990 | 0.0664 current US$ per US$ of GDP | -0.1% |
| 1991 | 0.0667 current US$ per US$ of GDP | +0.6% |
| 1992 | 0.0627 current US$ per US$ of GDP | -6.0% |
| 1993 | 0.063 current US$ per US$ of GDP | +0.4% |
| 1994 | 0.0639 current US$ per US$ of GDP | +1.5% |
| 1995 | 0.065 current US$ per US$ of GDP | +1.8% |
| 1996 | 0.0628 current US$ per US$ of GDP | -3.4% |
| 1997 | 0.0645 current US$ per US$ of GDP | +2.6% |
| 1998 | 0.0642 current US$ per US$ of GDP | -0.5% |
| 1999 | 0.0633 current US$ per US$ of GDP | -1.3% |
| 2000 | 0.0647 current US$ per US$ of GDP | +2.2% |
| 2001 | 0.0634 current US$ per US$ of GDP | -2.0% |
| 2002 | 0.0638 current US$ per US$ of GDP | +0.6% |
| 2003 | 0.0611 current US$ per US$ of GDP | -4.3% |
| 2004 | 0.0625 current US$ per US$ of GDP | +2.4% |
| 2005 | 0.0642 current US$ per US$ of GDP | +2.7% |
| 2006 | 0.0622 current US$ per US$ of GDP | -3.1% |
| 2007 | 0.0638 current US$ per US$ of GDP | +2.6% |
| 2008 | 0.0652 current US$ per US$ of GDP | +2.2% |
| 2009 | 0.0639 current US$ per US$ of GDP | -2.0% |
| 2010 | 0.0638 current US$ per US$ of GDP | -0.1% |
| 2011 | 0.0624 current US$ per US$ of GDP | -2.2% |
| 2012 | 0.0654 current US$ per US$ of GDP | +4.8% |
| 2013 | 0.0634 current US$ per US$ of GDP | -3.1% |
| 2014 | 0.0678 current US$ per US$ of GDP | +6.9% |
| 2015 | 0.0677 current US$ per US$ of GDP | -0.1% |
| 2016 | 0.0682 current US$ per US$ of GDP | +0.7% |
| 2017 | 0.0676 current US$ per US$ of GDP | -0.9% |
| 2018 | 0.0672 current US$ per US$ of GDP | -0.6% |
| 2019 | 0.0661 current US$ per US$ of GDP | -1.7% |
| 2020 | 0.0682 current US$ per US$ of GDP | +3.2% |
| 2021 | 0.0674 current US$ per US$ of GDP | -1.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0674 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0353 current US$ per US$ of GDP, 1.9× the median. (47 countries reporting)
- Papua New Guinea's 0.0674 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0369 current US$ per US$ of GDP, 1.8× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure (current US$), per unit of GDP in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +37.7% | 0.0427 current US$ per US$ of GDP | 0.0588 current US$ per US$ of GDP |
| 1972 | -28.5% | 0.0597 current US$ per US$ of GDP | 0.0427 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0603 current US$ per US$ of GDP | 0.0427 current US$ per US$ of GDP | 0.068 current US$ per US$ of GDP | 10 |
| 1980s | 0.0664 current US$ per US$ of GDP | 0.0652 current US$ per US$ of GDP | 0.0674 current US$ per US$ of GDP | 10 |
| 1990s | 0.0643 current US$ per US$ of GDP | 0.0627 current US$ per US$ of GDP | 0.0667 current US$ per US$ of GDP | 10 |
| 2000s | 0.0635 current US$ per US$ of GDP | 0.0611 current US$ per US$ of GDP | 0.0652 current US$ per US$ of GDP | 10 |
| 2010s | 0.066 current US$ per US$ of GDP | 0.0624 current US$ per US$ of GDP | 0.0682 current US$ per US$ of GDP | 10 |
| 2020s | 0.0678 current US$ per US$ of GDP | 0.0674 current US$ per US$ of GDP | 0.0682 current US$ per US$ of GDP | 2 |
Countries ranked near Papua New Guinea
- 10 Lesotho 0.0739 current US$ per US$ of GDP compare
- 11 Sweden 0.0733 current US$ per US$ of GDP compare
- 12 New Zealand 0.0713 current US$ per US$ of GDP compare
- 14 Saudi Arabia 0.0671 current US$ per US$ of GDP compare
- 15 Iceland 0.0666 current US$ per US$ of GDP compare
- 16 Norway 0.0651 current US$ per US$ of GDP compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Papua New Guinea?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Papua New Guinea was 0.0674 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.0682 current US$ per US$ of GDP in 2016.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0427 current US$ per US$ of GDP in 1972.
- How does Papua New Guinea rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Papua New Guinea ranks 13th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.