Argentina vs Papua New Guinea: Oil rents
Argentina
1.5%
in 2021
Papua New Guinea
1.9%
in 2021
Argentina rank
43rd
Papua New Guinea rank
40th
Oil rents over time
- Argentina
- Papua New Guinea
How they compare
Papua New Guinea currently reports 1.9% against 1.5% in Argentina, a difference of 0.4%.
That makes Papua New Guinea's figure about 1.2 times Argentina's.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was Argentina ahead.
Argentina ranks 43rd and Papua New Guinea ranks 40th of 201 countries.
Across the 5 decades both report, Argentina averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | Argentina | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.9% | 0.0% | 2.9% | Argentina |
| 1990s | 1.0% | 7.1% | 6.0% | Papua New Guinea |
| 2000s | 3.4% | 9.6% | 6.1% | Papua New Guinea |
| 2010s | 1.6% | 3.1% | 1.5% | Papua New Guinea |
| 2020s | 1.1% | 1.3% | 0.2% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Argentina or Papua New Guinea?
- Papua New Guinea, at 1.9% against 1.5% in Argentina as of 2021.
- What is the difference in oil rents between Argentina and Papua New Guinea?
- 0.4%, with Papua New Guinea ahead.
- How many years of comparable data are there for Argentina and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2021.
- How do Argentina and Papua New Guinea rank globally for oil rents?
- Argentina ranks 43rd and Papua New Guinea ranks 40th of 201 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.