Adjusted savings: mineral depletion (current US$), annual growth rate in Papua New Guinea
Papua New Guinea: Adjusted savings: mineral depletion (current US$), annual growth rate was 384.96 % change on previous year in 2021. ◆ Volatile
Adjusted savings: mineral depletion (current US$), annual growth rate in Papua New Guinea, 1973–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, adjusted savings: mineral depletion (current us$), annual growth rate in Papua New Guinea stood at 384.96 % change on previous year. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 8,419.3% on the previous year and up 4,642.9% over ten years.
Over the whole period, adjusted savings: mineral depletion (current us$), annual growth rate in Papua New Guinea peaked at 384.96 % change on previous year in 2021 and was at its lowest, -77.95 % change on previous year, in 1997.
That places Papua New Guinea 11th out of 142 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion (current US$), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 165.02 % change on previous year | — |
| 1974 | 27.5 % change on previous year | -83.3% |
| 1975 | -43.7 % change on previous year | -258.9% |
| 1976 | 3.34 % change on previous year | -107.6% |
| 1977 | 1.14 % change on previous year | -65.7% |
| 1978 | 21.41 % change on previous year | +1772.4% |
| 1979 | 45.76 % change on previous year | +113.8% |
| 1980 | 26.5 % change on previous year | -42.1% |
| 1981 | -16.89 % change on previous year | -163.7% |
| 1982 | -17.89 % change on previous year | +5.9% |
| 1983 | 21.59 % change on previous year | -220.7% |
| 1984 | -24.58 % change on previous year | -213.8% |
| 1985 | 39.99 % change on previous year | -262.7% |
| 1986 | -0.9526 % change on previous year | -102.4% |
| 1987 | 43.8 % change on previous year | -4697.4% |
| 1988 | 25.64 % change on previous year | -41.5% |
| 1989 | -12.12 % change on previous year | -147.3% |
| 1990 | -15.7 % change on previous year | +29.5% |
| 1991 | 0.435 % change on previous year | -102.8% |
| 1992 | -2.41 % change on previous year | -653.3% |
| 1993 | -29.97 % change on previous year | +1145.4% |
| 1994 | 24.78 % change on previous year | -182.7% |
| 1995 | 19.36 % change on previous year | -21.9% |
| 1996 | -53.89 % change on previous year | -378.4% |
| 1997 | -77.95 % change on previous year | +44.6% |
| 1998 | 180.09 % change on previous year | -331.0% |
| 1999 | -23.04 % change on previous year | -112.8% |
| 2000 | 93.13 % change on previous year | -504.3% |
| 2001 | -58.25 % change on previous year | -162.5% |
| 2002 | 90.67 % change on previous year | -255.7% |
| 2003 | 33.56 % change on previous year | -63.0% |
| 2004 | 119.94 % change on previous year | +257.4% |
| 2005 | 17.96 % change on previous year | -85.0% |
| 2006 | 79.46 % change on previous year | +342.5% |
| 2007 | -8.96 % change on previous year | -111.3% |
| 2008 | 38.06 % change on previous year | -524.8% |
| 2009 | -10.68 % change on previous year | -128.1% |
| 2010 | 65.31 % change on previous year | -711.7% |
| 2011 | 8.12 % change on previous year | -87.6% |
| 2012 | -49.35 % change on previous year | -708.0% |
| 2013 | -76.71 % change on previous year | +55.5% |
| 2014 | -53.36 % change on previous year | -30.4% |
| 2015 | 135.03 % change on previous year | -353.0% |
| 2016 | 105.38 % change on previous year | -22.0% |
| 2017 | 19.72 % change on previous year | -81.3% |
| 2018 | -5.53 % change on previous year | -128.1% |
| 2019 | 8.34 % change on previous year | -250.7% |
| 2020 | -4.63 % change on previous year | -155.5% |
| 2021 | 384.96 % change on previous year | -8419.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 384.96 % change on previous year is above the median for lower middle income countries, which is 37.89 % change on previous year, 10.2× the median. (37 countries reporting)
- Papua New Guinea's 384.96 % change on previous year is above the median for East Asia & Pacific, which is 199.66 % change on previous year, 1.9× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: mineral depletion (current US$), annual growth rate 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 |
|---|---|---|---|
| 2021 | +8419.3% | -4.63 % change on previous year | 384.96 % change on previous year |
| 1987 | +4697.4% | -0.9526 % change on previous year | 43.8 % change on previous year |
| 1978 | +1772.4% | 1.14 % change on previous year | 21.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.5 % change on previous year | -43.7 % change on previous year | 165.02 % change on previous year | 7 |
| 1980s | 8.51 % change on previous year | -24.58 % change on previous year | 43.8 % change on previous year | 10 |
| 1990s | 2.17 % change on previous year | -77.95 % change on previous year | 180.09 % change on previous year | 10 |
| 2000s | 39.49 % change on previous year | -58.25 % change on previous year | 119.94 % change on previous year | 10 |
| 2010s | 15.69 % change on previous year | -76.71 % change on previous year | 135.03 % change on previous year | 10 |
| 2020s | 190.16 % change on previous year | -4.63 % change on previous year | 384.96 % change on previous year | 2 |
Countries ranked near Papua New Guinea
- 8 Cuba 444.62 % change on previous year compare
- 9 Democratic Republic of Congo 434.32 % change on previous year compare
- 10 Spain 408.36 % change on previous year compare
- 12 Vietnam 379.37 % change on previous year compare
- 13 Indonesia 379.29 % change on previous year compare
- 14 Central African Republic 364.15 % change on previous year 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: mineral depletion (current us$), annual growth rate in Papua New Guinea?
- Adjusted savings: mineral depletion (current us$), annual growth rate in Papua New Guinea was 384.96 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: mineral depletion (current us$), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 384.96 % change on previous year in 2021.
- What is the lowest adjusted savings: mineral depletion (current us$), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -77.95 % change on previous year in 1997.
- How does Papua New Guinea rank for adjusted savings: mineral depletion (current us$), annual growth rate?
- Papua New Guinea ranks 11th out of 142 countries with data for 2021.
- Is adjusted savings: mineral depletion (current us$), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 4,642.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: mineral depletion (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted savings: mineral depletion (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted savings: mineral depletion Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted savings: mineral depletion (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.