East Asia & Pacific (excluding high income) vs Papua New Guinea: Oil rents
Oil rents over time
- East Asia & Pacific (excluding high income)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 1.9% against 0.4% in East Asia & Pacific (excluding high income), a difference of 1.5%.
That makes Papua New Guinea's figure about 5.1 times East Asia & Pacific (excluding high income)'s.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was East Asia & Pacific (excluding high income) ahead.
East Asia & Pacific (excluding high income) ranks 39th and Papua New Guinea ranks 40th of 47 groups.
Across the 5 decades both report, East Asia & Pacific (excluding high income) averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.0% | 0.0% | 6.0% | East Asia & Pacific (excluding high income) |
| 1990s | 2.0% | 7.1% | 5.1% | Papua New Guinea |
| 2000s | 2.1% | 9.6% | 7.5% | Papua New Guinea |
| 2010s | 0.9% | 3.1% | 2.2% | Papua New Guinea |
| 2020s | 0.3% | 1.3% | 1.0% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, East Asia & Pacific (excluding high income) or Papua New Guinea?
- Papua New Guinea, at 1.9% against 0.4% in East Asia & Pacific (excluding high income) as of 2021.
- What is the difference in oil rents between East Asia & Pacific (excluding high income) and Papua New Guinea?
- 1.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2021.
- How do East Asia & Pacific (excluding high income) and Papua New Guinea rank globally for oil rents?
- East Asia & Pacific (excluding high income) ranks 39th and Papua New Guinea ranks 40th of 47 groups.
- 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.