Adjusted savings: gross savings in Papua New Guinea
Papua New Guinea: Adjusted savings: gross savings was 33.6% in 2004. ▲ Rising
Adjusted savings: gross savings in Papua New Guinea, 1976–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Papua New Guinea recorded 33.6% for adjusted savings: gross savings in 2004.
That represents a change of down 2.5% on the previous year and up 10.8% over ten years.
Over the whole period, adjusted savings: gross savings in Papua New Guinea peaked at 37.3% in 1995 and was at its lowest, 11.4%, in 1989.
Papua New Guinea ranks 26th of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Adjusted savings: gross savings in Papua New Guinea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 21.3% | — |
| 1977 | 30.6% | +43.6% |
| 1978 | 27.2% | -11.1% |
| 1979 | 29.1% | +6.9% |
| 1980 | 19.7% | -32.3% |
| 1981 | 11.9% | -39.8% |
| 1982 | 12.4% | +4.7% |
| 1983 | 15.1% | +21.9% |
| 1984 | 18.5% | +22.0% |
| 1985 | 12.8% | -30.6% |
| 1986 | 15.9% | +23.9% |
| 1987 | 14.2% | -10.5% |
| 1988 | 19.1% | +34.2% |
| 1989 | 11.4% | -40.1% |
| 1990 | 17.8% | +55.8% |
| 1991 | 21.8% | +22.6% |
| 1992 | 22.8% | +4.5% |
| 1993 | 27.9% | +22.3% |
| 1994 | 30.3% | +8.6% |
| 1995 | 37.3% | +23.1% |
| 1996 | 28.8% | -22.8% |
| 1997 | 15.9% | -44.9% |
| 1998 | 19.8% | +24.7% |
| 1999 | 20.6% | +3.9% |
| 2000 | 34.6% | +68.4% |
| 2001 | 30.8% | -10.9% |
| 2002 | 24.8% | -19.6% |
| 2003 | 34.4% | +38.7% |
| 2004 | 33.6% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.1% | 21.3% | 30.6% | 4 |
| 1980s | 15.1% | 11.4% | 19.7% | 10 |
| 1990s | 24.3% | 15.9% | 37.3% | 10 |
| 2000s | 31.7% | 24.8% | 34.6% | 5 |
Countries ranked near Papua New Guinea
- 23 Viet Nam 34.4% compare
- 24 Bangladesh 34.2% compare
- 25 Indonesia 34.0% compare
- 27 Uzbekistan 33.5%
- 28 Azerbaijan 33.5% compare
- 29 Maldives 33.1%
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: gross savings in Papua New Guinea?
- Adjusted savings: gross savings in Papua New Guinea was 33.6% in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Papua New Guinea?
- The highest recorded value was 37.3% in 1995.
- What is the lowest adjusted savings: gross savings recorded in Papua New Guinea?
- The lowest recorded value was 11.4% in 1989.
- How does Papua New Guinea rank for adjusted savings: gross savings?
- Papua New Guinea ranks 26th 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 up 10.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. 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.