Gross domestic savings (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross domestic savings (current LCU), per unit of GDP was 1.07 current LCU per US$ of GDP in 2004. ◆ Volatile
Gross domestic savings (current LCU), per unit of GDP in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2004, gross domestic savings (current lcu), per unit of gdp in Papua New Guinea stood at 1.07 current LCU per US$ of GDP.
Compared with earlier readings it is down 14.6% on the previous year and up 203.4% over ten years.
Over the whole period, gross domestic savings (current lcu), per unit of gdp in Papua New Guinea peaked at 1.25 current LCU per US$ of GDP in 2003 and was at its lowest, -0.0082 current LCU per US$ of GDP, in 1966.
Papua New Guinea ranks 95th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.0118 current LCU per US$ of GDP | — |
| 1962 | 0.0149 current LCU per US$ of GDP | +26.1% |
| 1963 | 0.0214 current LCU per US$ of GDP | +43.2% |
| 1964 | 0.0259 current LCU per US$ of GDP | +21.0% |
| 1965 | 0.0154 current LCU per US$ of GDP | -40.5% |
| 1966 | -0.0082 current LCU per US$ of GDP | -153.1% |
| 1967 | -0.0041 current LCU per US$ of GDP | -50.2% |
| 1968 | 0.0023 current LCU per US$ of GDP | -155.6% |
| 1969 | 0.0183 current LCU per US$ of GDP | +708.1% |
| 1970 | 0.0561 current LCU per US$ of GDP | +206.1% |
| 1971 | 0.0575 current LCU per US$ of GDP | +2.6% |
| 1972 | 0.0953 current LCU per US$ of GDP | +65.5% |
| 1973 | 0.176 current LCU per US$ of GDP | +84.7% |
| 1974 | 0.1633 current LCU per US$ of GDP | -7.2% |
| 1975 | 0.0976 current LCU per US$ of GDP | -40.3% |
| 1976 | 0.1394 current LCU per US$ of GDP | +42.9% |
| 1977 | 0.1632 current LCU per US$ of GDP | +17.0% |
| 1978 | 0.1313 current LCU per US$ of GDP | -19.5% |
| 1979 | 0.1616 current LCU per US$ of GDP | +23.0% |
| 1980 | 0.0965 current LCU per US$ of GDP | -40.3% |
| 1981 | 0.0491 current LCU per US$ of GDP | -49.1% |
| 1982 | 0.0689 current LCU per US$ of GDP | +40.3% |
| 1983 | 0.1019 current LCU per US$ of GDP | +47.9% |
| 1984 | 0.1194 current LCU per US$ of GDP | +17.3% |
| 1985 | 0.0951 current LCU per US$ of GDP | -20.4% |
| 1986 | 0.1162 current LCU per US$ of GDP | +22.2% |
| 1987 | 0.1271 current LCU per US$ of GDP | +9.4% |
| 1988 | 0.1607 current LCU per US$ of GDP | +26.4% |
| 1989 | 0.0956 current LCU per US$ of GDP | -40.5% |
| 1990 | 0.154 current LCU per US$ of GDP | +61.2% |
| 1991 | 0.1667 current LCU per US$ of GDP | +8.2% |
| 1992 | 0.2455 current LCU per US$ of GDP | +47.2% |
| 1993 | 0.3261 current LCU per US$ of GDP | +32.8% |
| 1994 | 0.3531 current LCU per US$ of GDP | +8.3% |
| 1995 | 0.5248 current LCU per US$ of GDP | +48.6% |
| 1996 | 0.4448 current LCU per US$ of GDP | -15.2% |
| 1997 | 0.2892 current LCU per US$ of GDP | -35.0% |
| 1998 | 0.4763 current LCU per US$ of GDP | +64.7% |
| 1999 | 0.6753 current LCU per US$ of GDP | +41.8% |
| 2000 | 1.07 current LCU per US$ of GDP | +59.0% |
| 2001 | 1.22 current LCU per US$ of GDP | +13.3% |
| 2002 | 0.9367 current LCU per US$ of GDP | -23.0% |
| 2003 | 1.25 current LCU per US$ of GDP | +34.0% |
| 2004 | 1.07 current LCU per US$ of GDP | -14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0109 current LCU per US$ of GDP | -0.0082 current LCU per US$ of GDP | 0.0259 current LCU per US$ of GDP | 9 |
| 1970s | 0.1241 current LCU per US$ of GDP | 0.0561 current LCU per US$ of GDP | 0.176 current LCU per US$ of GDP | 10 |
| 1980s | 0.103 current LCU per US$ of GDP | 0.0491 current LCU per US$ of GDP | 0.1607 current LCU per US$ of GDP | 10 |
| 1990s | 0.3656 current LCU per US$ of GDP | 0.154 current LCU per US$ of GDP | 0.6753 current LCU per US$ of GDP | 10 |
| 2000s | 1.11 current LCU per US$ of GDP | 0.9367 current LCU per US$ of GDP | 1.25 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 92 Suriname 1.39 current LCU per US$ of GDP
- 93 Saudi Arabia 1.24 current LCU per US$ of GDP compare
- 94 Malaysia 1.11 current LCU per US$ of GDP compare
- 96 Peru 1.02 current LCU per US$ of GDP compare
- 97 Brazil 0.9736 current LCU per US$ of GDP compare
- 98 Bolivia, Plurinational State of 0.9563 current LCU 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)
- Total reserves minus gold (current US$), annual growth rate -6.02 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1151 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 335.13 current US$ per person (2024)
- General government final consumption expenditure (current US$) 11.47 % change on previous year (2004)
- General government final consumption expenditure (current US$), per 0.1531 current US$ per US$ of GDP (2004)
- General government final consumption expenditure (current US$), per 95.04 current US$ per person (2004)
- General government final consumption expenditure (current LCU) 1.06 % change on previous year (2004)
- General government final consumption expenditure (current LCU), per 0.4934 current LCU per US$ of GDP (2004)
Frequently asked questions
- What is gross domestic savings (current lcu), per unit of gdp in Papua New Guinea?
- Gross domestic savings (current lcu), per unit of gdp in Papua New Guinea was 1.07 current LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 1.25 current LCU per US$ of GDP in 2003.
- What is the lowest gross domestic savings (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was -0.0082 current LCU per US$ of GDP in 1966.
- How does Papua New Guinea rank for gross domestic savings (current lcu), per unit of gdp?
- Papua New Guinea ranks 95th out of 187 countries with data for 2004.
- Is gross domestic savings (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 203.4%. 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 Gross domestic savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.