Gross savings (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross savings (current US$), per unit of GDP was 0.3042 current US$ per US$ of GDP in 2004. ▲ Rising
Gross savings (current US$), per unit of GDP in Papua New Guinea, 1976–2004
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Papua New Guinea recorded 0.3042 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2004.
The figure is down 0.1% on the previous year and up 8.4% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Papua New Guinea peaked at 0.3515 current US$ per US$ of GDP in 1995 and was at its lowest, 0.1099 current US$ per US$ of GDP, in 1989.
Papua New Guinea ranks 37th of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Gross savings (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2061 current US$ per US$ of GDP | — |
| 1977 | 0.3 current US$ per US$ of GDP | +45.5% |
| 1978 | 0.2684 current US$ per US$ of GDP | -10.5% |
| 1979 | 0.2843 current US$ per US$ of GDP | +5.9% |
| 1980 | 0.1925 current US$ per US$ of GDP | -32.3% |
| 1981 | 0.1145 current US$ per US$ of GDP | -40.5% |
| 1982 | 0.1179 current US$ per US$ of GDP | +3.0% |
| 1983 | 0.1429 current US$ per US$ of GDP | +21.2% |
| 1984 | 0.1788 current US$ per US$ of GDP | +25.1% |
| 1985 | 0.1234 current US$ per US$ of GDP | -31.0% |
| 1986 | 0.1543 current US$ per US$ of GDP | +25.0% |
| 1987 | 0.1355 current US$ per US$ of GDP | -12.2% |
| 1988 | 0.1833 current US$ per US$ of GDP | +35.3% |
| 1989 | 0.1099 current US$ per US$ of GDP | -40.0% |
| 1990 | 0.1712 current US$ per US$ of GDP | +55.8% |
| 1991 | 0.2112 current US$ per US$ of GDP | +23.4% |
| 1992 | 0.2074 current US$ per US$ of GDP | -1.8% |
| 1993 | 0.2548 current US$ per US$ of GDP | +22.8% |
| 1994 | 0.2807 current US$ per US$ of GDP | +10.2% |
| 1995 | 0.3515 current US$ per US$ of GDP | +25.2% |
| 1996 | 0.2621 current US$ per US$ of GDP | -25.4% |
| 1997 | 0.1483 current US$ per US$ of GDP | -43.4% |
| 1998 | 0.1841 current US$ per US$ of GDP | +24.1% |
| 1999 | 0.1888 current US$ per US$ of GDP | +2.6% |
| 2000 | 0.3248 current US$ per US$ of GDP | +72.0% |
| 2001 | 0.2835 current US$ per US$ of GDP | -12.7% |
| 2002 | 0.2294 current US$ per US$ of GDP | -19.1% |
| 2003 | 0.3046 current US$ per US$ of GDP | +32.8% |
| 2004 | 0.3042 current US$ per US$ of GDP | -0.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.3042 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 1.9× the median. (45 countries reporting)
- Papua New Guinea's 0.3042 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.2564 current US$ per US$ of GDP, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2647 current US$ per US$ of GDP | 0.2061 current US$ per US$ of GDP | 0.3 current US$ per US$ of GDP | 4 |
| 1980s | 0.1453 current US$ per US$ of GDP | 0.1099 current US$ per US$ of GDP | 0.1925 current US$ per US$ of GDP | 10 |
| 1990s | 0.226 current US$ per US$ of GDP | 0.1483 current US$ per US$ of GDP | 0.3515 current US$ per US$ of GDP | 10 |
| 2000s | 0.2893 current US$ per US$ of GDP | 0.2294 current US$ per US$ of GDP | 0.3248 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 34 Botswana 0.32 current US$ per US$ of GDP compare
- 35 Congo 0.3166 current US$ per US$ of GDP compare
- 36 Sweden 0.3062 current US$ per US$ of GDP compare
- 38 Benin 0.3027 current US$ per US$ of GDP compare
- 39 Philippines 0.3011 current US$ per US$ of GDP compare
- 40 Samoa 0.3003 current US$ per US$ of GDP
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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Papua New Guinea?
- Gross savings (current us$), per unit of gdp in Papua New Guinea was 0.3042 current US$ per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.3515 current US$ per US$ of GDP in 1995.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.1099 current US$ per US$ of GDP in 1989.
- How does Papua New Guinea rank for gross savings (current us$), per unit of gdp?
- Papua New Guinea ranks 37th out of 178 countries with data for 2004.
- Is gross savings (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.