Total reserves minus gold (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Total reserves minus gold (current US$), per unit of GDP was 0.1151 current US$ per US$ of GDP in 2024. ▼ Falling
Total reserves minus gold (current US$), per unit of GDP in Papua New Guinea, 1973–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, total reserves minus gold (current us$), per unit of gdp in Papua New Guinea stood at 0.1151 current US$ per US$ of GDP.
Compared with earlier readings it is down 6.0% on the previous year and up 18.5% over ten years.
Over the whole period, total reserves minus gold (current us$), per unit of gdp in Papua New Guinea peaked at 0.26 current US$ per US$ of GDP in 1977 and was at its lowest, 0.0175 current US$ per US$ of GDP, in 1994.
That places Papua New Guinea 111th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Total reserves minus gold (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.0241 current US$ per US$ of GDP | — |
| 1974 | 0.0221 current US$ per US$ of GDP | -8.1% |
| 1975 | 0.1324 current US$ per US$ of GDP | +498.9% |
| 1976 | 0.1701 current US$ per US$ of GDP | +28.5% |
| 1977 | 0.26 current US$ per US$ of GDP | +52.8% |
| 1978 | 0.2078 current US$ per US$ of GDP | -20.1% |
| 1979 | 0.2195 current US$ per US$ of GDP | +5.7% |
| 1980 | 0.1663 current US$ per US$ of GDP | -24.2% |
| 1981 | 0.1586 current US$ per US$ of GDP | -4.7% |
| 1982 | 0.1912 current US$ per US$ of GDP | +20.6% |
| 1983 | 0.1717 current US$ per US$ of GDP | -10.2% |
| 1984 | 0.1705 current US$ per US$ of GDP | -0.7% |
| 1985 | 0.1826 current US$ per US$ of GDP | +7.1% |
| 1986 | 0.1607 current US$ per US$ of GDP | -12.0% |
| 1987 | 0.1389 current US$ per US$ of GDP | -13.5% |
| 1988 | 0.1076 current US$ per US$ of GDP | -22.5% |
| 1989 | 0.1084 current US$ per US$ of GDP | +0.7% |
| 1990 | 0.1252 current US$ per US$ of GDP | +15.5% |
| 1991 | 0.0853 current US$ per US$ of GDP | -31.9% |
| 1992 | 0.0545 current US$ per US$ of GDP | -36.1% |
| 1993 | 0.0284 current US$ per US$ of GDP | -47.8% |
| 1994 | 0.0175 current US$ per US$ of GDP | -38.6% |
| 1995 | 0.0564 current US$ per US$ of GDP | +222.9% |
| 1996 | 0.1133 current US$ per US$ of GDP | +100.9% |
| 1997 | 0.0735 current US$ per US$ of GDP | -35.1% |
| 1998 | 0.0509 current US$ per US$ of GDP | -30.7% |
| 1999 | 0.059 current US$ per US$ of GDP | +15.9% |
| 2000 | 0.0815 current US$ per US$ of GDP | +38.1% |
| 2001 | 0.1372 current US$ per US$ of GDP | +68.4% |
| 2002 | 0.1072 current US$ per US$ of GDP | -21.9% |
| 2003 | 0.1397 current US$ per US$ of GDP | +30.4% |
| 2004 | 0.1611 current US$ per US$ of GDP | +15.3% |
| 2005 | 0.1476 current US$ per US$ of GDP | -8.4% |
| 2006 | 0.1676 current US$ per US$ of GDP | +13.6% |
| 2007 | 0.2152 current US$ per US$ of GDP | +28.3% |
| 2008 | 0.1674 current US$ per US$ of GDP | -22.2% |
| 2009 | 0.2204 current US$ per US$ of GDP | +31.7% |
| 2010 | 0.2128 current US$ per US$ of GDP | -3.4% |
| 2011 | 0.2367 current US$ per US$ of GDP | +11.2% |
| 2012 | 0.1846 current US$ per US$ of GDP | -22.0% |
| 2013 | 0.1305 current US$ per US$ of GDP | -29.3% |
| 2014 | 0.0971 current US$ per US$ of GDP | -25.6% |
| 2015 | 0.0779 current US$ per US$ of GDP | -19.8% |
| 2016 | 0.0774 current US$ per US$ of GDP | -0.6% |
| 2017 | 0.0739 current US$ per US$ of GDP | -4.6% |
| 2018 | 0.0895 current US$ per US$ of GDP | +21.2% |
| 2019 | 0.0906 current US$ per US$ of GDP | +1.2% |
| 2020 | 0.1092 current US$ per US$ of GDP | +20.5% |
| 2021 | 0.1211 current US$ per US$ of GDP | +10.9% |
| 2022 | 0.1234 current US$ per US$ of GDP | +1.9% |
| 2023 | 0.1224 current US$ per US$ of GDP | -0.8% |
| 2024 | 0.1151 current US$ per US$ of GDP | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.148 current US$ per US$ of GDP | 0.0221 current US$ per US$ of GDP | 0.26 current US$ per US$ of GDP | 7 |
| 1980s | 0.1557 current US$ per US$ of GDP | 0.1076 current US$ per US$ of GDP | 0.1912 current US$ per US$ of GDP | 10 |
| 1990s | 0.0664 current US$ per US$ of GDP | 0.0175 current US$ per US$ of GDP | 0.1252 current US$ per US$ of GDP | 10 |
| 2000s | 0.1545 current US$ per US$ of GDP | 0.0815 current US$ per US$ of GDP | 0.2204 current US$ per US$ of GDP | 10 |
| 2010s | 0.1271 current US$ per US$ of GDP | 0.0739 current US$ per US$ of GDP | 0.2367 current US$ per US$ of GDP | 10 |
| 2020s | 0.1182 current US$ per US$ of GDP | 0.1092 current US$ per US$ of GDP | 0.1234 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 109 Rwanda 0.1199 current US$ per US$ of GDP compare
- 110 Dominican Republic 0.1154 current US$ per US$ of GDP compare
- 112 Angola 0.1108 current US$ per US$ of GDP compare
- 113 Eswatini 0.1104 current US$ per US$ of GDP compare
- 114 New Zealand 0.1066 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is total reserves minus gold (current us$), per unit of gdp in Papua New Guinea?
- Total reserves minus gold (current us$), per unit of gdp in Papua New Guinea was 0.1151 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest total reserves minus gold (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.26 current US$ per US$ of GDP in 1977.
- What is the lowest total reserves minus gold (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0175 current US$ per US$ of GDP in 1994.
- How does Papua New Guinea rank for total reserves minus gold (current us$), per unit of gdp?
- Papua New Guinea ranks 111th out of 181 countries with data for 2024.
- Is total reserves minus gold (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Total reserves minus gold (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Total reserves minus gold (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Total reserves minus gold (current US$) ÷ GDP (current US$)
Computed from
- Total reserves minus gold International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Total reserves minus gold (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.