Adjusted savings: mineral depletion in Papua New Guinea
Papua New Guinea: Adjusted savings: mineral depletion was 2.33 billion current US$ in 2021. ◆ Volatile
Latest (2021)
2.33 billion current US$
Change on year
up 385.0%
World rank
24th
of 216 countries
All-time high
2.33 billion current US$
in 2021
All-time low
0 current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: mineral depletion in Papua New Guinea, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Papua New Guinea recorded 2.33 billion current US$ for adjusted savings: mineral depletion in 2021. That is the highest value across all 52 years on record.
The figure is up 385.0% on the previous year and up 50.5% over ten years.
Over the whole period, adjusted savings: mineral depletion in Papua New Guinea peaked at 2.33 billion current US$ in 2021 and was at its lowest, 0 current US$, in 1970.
Papua New Guinea ranks 24th of 216 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 0 current US$ | — |
| 1971 | 0 current US$ | — |
| 1972 | 69.77 million current US$ | — |
| 1973 | 184.90 million current US$ | +165.0% |
| 1974 | 235.74 million current US$ | +27.5% |
| 1975 | 132.73 million current US$ | -43.7% |
| 1976 | 137.16 million current US$ | +3.3% |
| 1977 | 138.73 million current US$ | +1.1% |
| 1978 | 168.42 million current US$ | +21.4% |
| 1979 | 245.50 million current US$ | +45.8% |
| 1980 | 310.55 million current US$ | +26.5% |
| 1981 | 258.10 million current US$ | -16.9% |
| 1982 | 211.94 million current US$ | -17.9% |
| 1983 | 257.70 million current US$ | +21.6% |
| 1984 | 194.37 million current US$ | -24.6% |
| 1985 | 272.10 million current US$ | +40.0% |
| 1986 | 269.50 million current US$ | -1.0% |
| 1987 | 387.54 million current US$ | +43.8% |
| 1988 | 486.89 million current US$ | +25.6% |
| 1989 | 427.87 million current US$ | -12.1% |
| 1990 | 360.71 million current US$ | -15.7% |
| 1991 | 362.28 million current US$ | +0.4% |
| 1992 | 353.56 million current US$ | -2.4% |
| 1993 | 247.59 million current US$ | -30.0% |
| 1994 | 308.94 million current US$ | +24.8% |
| 1995 | 368.74 million current US$ | +19.4% |
| 1996 | 170.01 million current US$ | -53.9% |
| 1997 | 37.49 million current US$ | -77.9% |
| 1998 | 105.01 million current US$ | +180.1% |
| 1999 | 80.82 million current US$ | -23.0% |
| 2000 | 156.10 million current US$ | +93.1% |
| 2001 | 65.17 million current US$ | -58.2% |
| 2002 | 124.27 million current US$ | +90.7% |
| 2003 | 165.97 million current US$ | +33.6% |
| 2004 | 365.02 million current US$ | +119.9% |
| 2005 | 430.58 million current US$ | +18.0% |
| 2006 | 772.72 million current US$ | +79.5% |
| 2007 | 703.50 million current US$ | -9.0% |
| 2008 | 971.23 million current US$ | +38.1% |
| 2009 | 867.53 million current US$ | -10.7% |
| 2010 | 1.43 billion current US$ | +65.3% |
| 2011 | 1.55 billion current US$ | +8.1% |
| 2012 | 785.41 million current US$ | -49.3% |
| 2013 | 182.91 million current US$ | -76.7% |
| 2014 | 85.31 million current US$ | -53.4% |
| 2015 | 200.50 million current US$ | +135.0% |
| 2016 | 411.78 million current US$ | +105.4% |
| 2017 | 492.98 million current US$ | +19.7% |
| 2018 | 465.70 million current US$ | -5.5% |
| 2019 | 504.53 million current US$ | +8.3% |
| 2020 | 481.19 million current US$ | -4.6% |
| 2021 | 2.33 billion current US$ | +385.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 131.29 million current US$ | 0 current US$ | 245.50 million current US$ | 10 |
| 1980s | 307.66 million current US$ | 194.37 million current US$ | 486.89 million current US$ | 10 |
| 1990s | 239.52 million current US$ | 37.49 million current US$ | 368.74 million current US$ | 10 |
| 2000s | 462.21 million current US$ | 65.17 million current US$ | 971.23 million current US$ | 10 |
| 2010s | 611.38 million current US$ | 85.31 million current US$ | 1.55 billion current US$ | 10 |
| 2020s | 1.41 billion current US$ | 481.19 million current US$ | 2.33 billion current US$ | 2 |
Countries ranked near Papua New Guinea
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)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3653 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 1,064 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 8.01 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 1.41 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 4,099 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 3.66 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: mineral depletion in Papua New Guinea?
- Adjusted savings: mineral depletion in Papua New Guinea was 2.33 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Papua New Guinea?
- The highest recorded value was 2.33 billion current US$ in 2021.
- What is the lowest adjusted savings: mineral depletion recorded in Papua New Guinea?
- The lowest recorded value was 0 current US$ in 1970.
- How does Papua New Guinea rank for adjusted savings: mineral depletion?
- Papua New Guinea ranks 24th out of 216 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Papua New Guinea?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: mineral depletion (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.