Adjusted savings: mineral depletion (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Adjusted savings: mineral depletion (current US$), per unit of GDP was 0.0894 current US$ per US$ of GDP in 2021. ◆ Volatile
Adjusted savings: mineral depletion (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: mineral depletion (current us$), per unit of gdp in Papua New Guinea is 0.0894 current US$ per US$ of GDP, measured in 2021.
Compared with earlier readings it is up 342.9% on the previous year and up 3.7% over ten years.
Over the whole period, adjusted savings: mineral depletion (current us$), per unit of gdp in Papua New Guinea peaked at 0.1606 current US$ per US$ of GDP in 1974 and was at its lowest, 0 current US$ per US$ of GDP, in 1970.
Papua New Guinea ranks 7th of 214 countries on this measure, 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$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 current US$ per US$ of GDP | — |
| 1971 | 0 current US$ per US$ of GDP | — |
| 1972 | 0.0812 current US$ per US$ of GDP | — |
| 1973 | 0.1423 current US$ per US$ of GDP | +75.2% |
| 1974 | 0.1606 current US$ per US$ of GDP | +12.9% |
| 1975 | 0.0978 current US$ per US$ of GDP | -39.1% |
| 1976 | 0.0907 current US$ per US$ of GDP | -7.3% |
| 1977 | 0.0846 current US$ per US$ of GDP | -6.8% |
| 1978 | 0.0865 current US$ per US$ of GDP | +2.3% |
| 1979 | 0.107 current US$ per US$ of GDP | +23.8% |
| 1980 | 0.122 current US$ per US$ of GDP | +14.0% |
| 1981 | 0.1033 current US$ per US$ of GDP | -15.3% |
| 1982 | 0.0895 current US$ per US$ of GDP | -13.4% |
| 1983 | 0.1006 current US$ per US$ of GDP | +12.4% |
| 1984 | 0.0761 current US$ per US$ of GDP | -24.3% |
| 1985 | 0.1123 current US$ per US$ of GDP | +47.5% |
| 1986 | 0.1018 current US$ per US$ of GDP | -9.4% |
| 1987 | 0.1233 current US$ per US$ of GDP | +21.1% |
| 1988 | 0.1332 current US$ per US$ of GDP | +8.0% |
| 1989 | 0.1206 current US$ per US$ of GDP | -9.4% |
| 1990 | 0.112 current US$ per US$ of GDP | -7.1% |
| 1991 | 0.0957 current US$ per US$ of GDP | -14.6% |
| 1992 | 0.0808 current US$ per US$ of GDP | -15.6% |
| 1993 | 0.0498 current US$ per US$ of GDP | -38.4% |
| 1994 | 0.0561 current US$ per US$ of GDP | +12.8% |
| 1995 | 0.0795 current US$ per US$ of GDP | +41.7% |
| 1996 | 0.033 current US$ per US$ of GDP | -58.5% |
| 1997 | 0.0076 current US$ per US$ of GDP | -77.0% |
| 1998 | 0.0277 current US$ per US$ of GDP | +264.9% |
| 1999 | 0.0232 current US$ per US$ of GDP | -16.1% |
| 2000 | 0.0443 current US$ per US$ of GDP | +90.7% |
| 2001 | 0.0212 current US$ per US$ of GDP | -52.3% |
| 2002 | 0.0414 current US$ per US$ of GDP | +95.8% |
| 2003 | 0.0469 current US$ per US$ of GDP | +13.3% |
| 2004 | 0.0929 current US$ per US$ of GDP | +98.1% |
| 2005 | 0.0885 current US$ per US$ of GDP | -4.8% |
| 2006 | 0.0925 current US$ per US$ of GDP | +4.5% |
| 2007 | 0.0737 current US$ per US$ of GDP | -20.3% |
| 2008 | 0.0832 current US$ per US$ of GDP | +12.9% |
| 2009 | 0.0747 current US$ per US$ of GDP | -10.3% |
| 2010 | 0.1006 current US$ per US$ of GDP | +34.8% |
| 2011 | 0.0862 current US$ per US$ of GDP | -14.3% |
| 2012 | 0.0369 current US$ per US$ of GDP | -57.2% |
| 2013 | 0.0086 current US$ per US$ of GDP | -76.7% |
| 2014 | 0.0037 current US$ per US$ of GDP | -57.3% |
| 2015 | 0.0092 current US$ per US$ of GDP | +151.1% |
| 2016 | 0.0198 current US$ per US$ of GDP | +114.9% |
| 2017 | 0.0217 current US$ per US$ of GDP | +9.3% |
| 2018 | 0.0193 current US$ per US$ of GDP | -10.9% |
| 2019 | 0.0204 current US$ per US$ of GDP | +5.5% |
| 2020 | 0.0202 current US$ per US$ of GDP | -1.0% |
| 2021 | 0.0894 current US$ per US$ of GDP | +342.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0894 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0 current US$ per US$ of GDP, 2024.4× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: mineral depletion (current US$), per unit of GDP in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +342.9% | 0.0202 current US$ per US$ of GDP | 0.0894 current US$ per US$ of GDP |
| 1998 | +264.9% | 0.0076 current US$ per US$ of GDP | 0.0277 current US$ per US$ of GDP |
| 2015 | +151.1% | 0.0037 current US$ per US$ of GDP | 0.0092 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0851 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 0.1606 current US$ per US$ of GDP | 10 |
| 1980s | 0.1083 current US$ per US$ of GDP | 0.0761 current US$ per US$ of GDP | 0.1332 current US$ per US$ of GDP | 10 |
| 1990s | 0.0565 current US$ per US$ of GDP | 0.0076 current US$ per US$ of GDP | 0.112 current US$ per US$ of GDP | 10 |
| 2000s | 0.0659 current US$ per US$ of GDP | 0.0212 current US$ per US$ of GDP | 0.0929 current US$ per US$ of GDP | 10 |
| 2010s | 0.0326 current US$ per US$ of GDP | 0.0037 current US$ per US$ of GDP | 0.1006 current US$ per US$ of GDP | 10 |
| 2020s | 0.0548 current US$ per US$ of GDP | 0.0202 current US$ per US$ of GDP | 0.0894 current US$ per US$ of GDP | 2 |
Countries ranked near Papua New Guinea
- 4 Burkina Faso 0.12 current US$ per US$ of GDP compare
- 5 Mali 0.1044 current US$ per US$ of GDP compare
- 6 Mongolia 0.0983 current US$ per US$ of GDP compare
- 8 Chile 0.089 current US$ per US$ of GDP compare
- 9 New Caledonia 0.0887 current US$ per US$ of GDP compare
- 10 Kyrgyzstan 0.0782 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: mineral depletion (current us$), per unit of gdp in Papua New Guinea?
- Adjusted savings: mineral depletion (current us$), per unit of gdp in Papua New Guinea was 0.0894 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: mineral depletion (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.1606 current US$ per US$ of GDP in 1974.
- What is the lowest adjusted savings: mineral depletion (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0 current US$ per US$ of GDP in 1970.
- How does Papua New Guinea rank for adjusted savings: mineral depletion (current us$), per unit of gdp?
- Papua New Guinea ranks 7th out of 214 countries with data for 2021.
- Is adjusted savings: mineral depletion (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 3.7%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: mineral depletion (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: mineral depletion (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: mineral depletion Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: mineral depletion (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.