Adjusted savings: gross savings in Papua New Guinea
Papua New Guinea: Adjusted savings: gross savings was 1.19 billion current US$ in 2004. ◆ Volatile
Latest (2004)
1.19 billion current US$
Change on year
up 10.9%
World rank
140th
of 178 countries
All-time high
1.63 billion current US$
in 1995
All-time low
279.24 million current US$
in 1982
Years of data
29
1976–2004
Adjusted savings: gross savings in Papua New Guinea, 1976–2004
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2004, adjusted savings: gross savings in Papua New Guinea stood at 1.19 billion current US$.
Compared with earlier readings it is up 10.9% on the previous year and down 22.6% over ten years.
Over the whole period, adjusted savings: gross savings in Papua New Guinea peaked at 1.63 billion current US$ in 1995 and was at its lowest, 279.24 million current US$, in 1982.
Papua New Guinea ranks 140th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 311.63 million current US$ | — |
| 1977 | 492.23 million current US$ | +58.0% |
| 1978 | 522.80 million current US$ | +6.2% |
| 1979 | 651.99 million current US$ | +24.7% |
| 1980 | 490.05 million current US$ | -24.8% |
| 1981 | 285.99 million current US$ | -41.6% |
| 1982 | 279.24 million current US$ | -2.4% |
| 1983 | 366.26 million current US$ | +31.2% |
| 1984 | 456.49 million current US$ | +24.6% |
| 1985 | 299.14 million current US$ | -34.5% |
| 1986 | 408.47 million current US$ | +36.5% |
| 1987 | 425.97 million current US$ | +4.3% |
| 1988 | 670.03 million current US$ | +57.3% |
| 1989 | 389.88 million current US$ | -41.8% |
| 1990 | 551.31 million current US$ | +41.4% |
| 1991 | 799.98 million current US$ | +45.1% |
| 1992 | 907.98 million current US$ | +13.5% |
| 1993 | 1.27 billion current US$ | +39.6% |
| 1994 | 1.54 billion current US$ | +21.9% |
| 1995 | 1.63 billion current US$ | +5.5% |
| 1996 | 1.35 billion current US$ | -17.1% |
| 1997 | 732.22 million current US$ | -45.8% |
| 1998 | 697.57 million current US$ | -4.7% |
| 1999 | 656.43 million current US$ | -5.9% |
| 2000 | 1.14 billion current US$ | +74.2% |
| 2001 | 873.43 million current US$ | -23.6% |
| 2002 | 688.11 million current US$ | -21.2% |
| 2003 | 1.08 billion current US$ | +56.5% |
| 2004 | 1.19 billion current US$ | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 494.66 million current US$ | 311.63 million current US$ | 651.99 million current US$ | 4 |
| 1980s | 407.15 million current US$ | 279.24 million current US$ | 670.03 million current US$ | 10 |
| 1990s | 1.01 billion current US$ | 551.31 million current US$ | 1.63 billion current US$ | 10 |
| 2000s | 995.42 million current US$ | 688.11 million current US$ | 1.19 billion current US$ | 5 |
Countries ranked near Papua New Guinea
- 137 Maldives 1.63 billion current US$
- 138 Georgia 1.60 billion current US$ compare
- 139 Madagascar 1.26 billion current US$ compare
- 141 Montenegro 1.02 billion current US$
- 142 Mauritius 978.65 million current US$ compare
- 143 Namibia 878.65 million current US$ 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,439 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.23 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Papua New Guinea?
- Adjusted savings: gross savings in Papua New Guinea was 1.19 billion current US$ in 2004, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Papua New Guinea?
- The highest recorded value was 1.63 billion current US$ in 1995.
- What is the lowest adjusted savings: gross savings recorded in Papua New Guinea?
- The lowest recorded value was 279.24 million current US$ in 1982.
- How does Papua New Guinea rank for adjusted savings: gross savings?
- Papua New Guinea ranks 140th out of 178 countries with data for 2004.
- Is adjusted savings: gross savings rising or falling in Papua New Guinea?
- Over the last ten years it is down 22.6%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.