Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Papua New Guinea
Papua New Guinea: Gross domestic savings (current US$), per unit of GDP (unit GDP US) was 0.3325 current US$ per US$ of GDP in 2004. ◆ Volatile
Gross domestic savings (current US$), per unit of GDP in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross domestic savings (current us$), per unit of gdp in Papua New Guinea is 0.3325 current US$ per US$ of GDP, measured in 2004.
That represents a change of down 5.8% on the previous year and down 5.4% over ten years.
Over the whole period, gross domestic savings (current us$), per unit of gdp in Papua New Guinea peaked at 0.3928 current US$ per US$ of GDP in 1995 and was at its lowest, -0.0092 current US$ per US$ of GDP, in 1966.
That places Papua New Guinea 31st out of 187 countries with data for 2004, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.0133 current US$ per US$ of GDP | — |
| 1962 | 0.0167 current US$ per US$ of GDP | +26.1% |
| 1963 | 0.0239 current US$ per US$ of GDP | +43.2% |
| 1964 | 0.029 current US$ per US$ of GDP | +21.0% |
| 1965 | 0.0172 current US$ per US$ of GDP | -40.5% |
| 1966 | -0.0092 current US$ per US$ of GDP | -153.1% |
| 1967 | -0.0046 current US$ per US$ of GDP | -50.2% |
| 1968 | 0.0025 current US$ per US$ of GDP | -155.6% |
| 1969 | 0.0205 current US$ per US$ of GDP | +708.1% |
| 1970 | 0.0628 current US$ per US$ of GDP | +206.1% |
| 1971 | 0.0652 current US$ per US$ of GDP | +3.8% |
| 1972 | 0.1141 current US$ per US$ of GDP | +75.0% |
| 1973 | 0.2499 current US$ per US$ of GDP | +119.1% |
| 1974 | 0.2345 current US$ per US$ of GDP | -6.2% |
| 1975 | 0.1278 current US$ per US$ of GDP | -45.5% |
| 1976 | 0.1759 current US$ per US$ of GDP | +37.7% |
| 1977 | 0.2062 current US$ per US$ of GDP | +17.2% |
| 1978 | 0.1852 current US$ per US$ of GDP | -10.1% |
| 1979 | 0.227 current US$ per US$ of GDP | +22.5% |
| 1980 | 0.1438 current US$ per US$ of GDP | -36.7% |
| 1981 | 0.0729 current US$ per US$ of GDP | -49.3% |
| 1982 | 0.0932 current US$ per US$ of GDP | +27.9% |
| 1983 | 0.1218 current US$ per US$ of GDP | +30.6% |
| 1984 | 0.1329 current US$ per US$ of GDP | +9.1% |
| 1985 | 0.095 current US$ per US$ of GDP | -28.5% |
| 1986 | 0.1196 current US$ per US$ of GDP | +25.9% |
| 1987 | 0.14 current US$ per US$ of GDP | +17.0% |
| 1988 | 0.1854 current US$ per US$ of GDP | +32.4% |
| 1989 | 0.1113 current US$ per US$ of GDP | -40.0% |
| 1990 | 0.1612 current US$ per US$ of GDP | +44.9% |
| 1991 | 0.1751 current US$ per US$ of GDP | +8.6% |
| 1992 | 0.2545 current US$ per US$ of GDP | +45.3% |
| 1993 | 0.3333 current US$ per US$ of GDP | +31.0% |
| 1994 | 0.3513 current US$ per US$ of GDP | +5.4% |
| 1995 | 0.3928 current US$ per US$ of GDP | +11.8% |
| 1996 | 0.3375 current US$ per US$ of GDP | -14.1% |
| 1997 | 0.2016 current US$ per US$ of GDP | -40.3% |
| 1998 | 0.2313 current US$ per US$ of GDP | +14.7% |
| 1999 | 0.266 current US$ per US$ of GDP | +15.0% |
| 2000 | 0.3883 current US$ per US$ of GDP | +46.0% |
| 2001 | 0.3603 current US$ per US$ of GDP | -7.2% |
| 2002 | 0.241 current US$ per US$ of GDP | -33.1% |
| 2003 | 0.3531 current US$ per US$ of GDP | +46.5% |
| 2004 | 0.3325 current US$ per US$ of GDP | -5.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.3325 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1222 current US$ per US$ of GDP, 2.7× the median. (45 countries reporting)
- Papua New Guinea's 0.3325 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.2198 current US$ per US$ of GDP, 1.5× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1969 | +708.1% | 0.0025 current US$ per US$ of GDP | 0.0205 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0122 current US$ per US$ of GDP | -0.0092 current US$ per US$ of GDP | 0.029 current US$ per US$ of GDP | 9 |
| 1970s | 0.1648 current US$ per US$ of GDP | 0.0628 current US$ per US$ of GDP | 0.2499 current US$ per US$ of GDP | 10 |
| 1980s | 0.1216 current US$ per US$ of GDP | 0.0729 current US$ per US$ of GDP | 0.1854 current US$ per US$ of GDP | 10 |
| 1990s | 0.2705 current US$ per US$ of GDP | 0.1612 current US$ per US$ of GDP | 0.3928 current US$ per US$ of GDP | 10 |
| 2000s | 0.335 current US$ per US$ of GDP | 0.241 current US$ per US$ of GDP | 0.3883 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 28 South Korea 0.3433 current US$ per US$ of GDP compare
- 29 Mongolia 0.339 current US$ per US$ of GDP compare
- 30 Congo 0.3387 current US$ per US$ of GDP compare
- 32 Saudi Arabia 0.332 current US$ per US$ of GDP compare
- 33 Denmark 0.3313 current US$ per US$ of GDP compare
- 34 Chad 0.3305 current US$ per US$ of GDP compare
More economy & growth data for Papua New Guinea
- Real gdp growth, annual growth rate 2.02 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings (current us$), per unit of gdp in Papua New Guinea?
- Gross domestic savings (current us$), per unit of gdp in Papua New Guinea was 0.3325 current US$ per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.3928 current US$ per US$ of GDP in 1995.
- What is the lowest gross domestic savings (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was -0.0092 current US$ per US$ of GDP in 1966.
- How does Papua New Guinea rank for gross domestic savings (current us$), per unit of gdp?
- Papua New Guinea ranks 31st out of 187 countries with data for 2004.
- Is gross domestic savings (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 5.4%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current US$) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.