East Asia & Pacific (IDA & IBRD countries) vs Papua New Guinea: Oil rents
East Asia & Pacific (IDA & IBRD countries)
0.4%
in 2021
Papua New Guinea
1.9%
in 2021
East Asia & Pacific (IDA & IBRD countries) rank
40th
Papua New Guinea rank
40th
Oil rents over time
- East Asia & Pacific (IDA & IBRD countries)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 1.9% against 0.4% in East Asia & Pacific (IDA & IBRD countries), a difference of 1.5%.
That makes Papua New Guinea's figure about 5.1 times East Asia & Pacific (IDA & IBRD countries)'s.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was East Asia & Pacific (IDA & IBRD countries) ahead.
East Asia & Pacific (IDA & IBRD countries) ranks 40th and Papua New Guinea ranks 40th of 47 groups.
Across the 5 decades both report, East Asia & Pacific (IDA & IBRD countries) averaged higher in 1 and Papua New Guinea in 4.
Head to head by decade
| Decade | East Asia & Pacific (IDA & IBRD countries) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.0% | 0.0% | 6.0% | East Asia & Pacific (IDA & IBRD countries) |
| 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 (IDA & IBRD countries) or Papua New Guinea?
- Papua New Guinea, at 1.9% against 0.4% in East Asia & Pacific (IDA & IBRD countries) as of 2021.
- What is the difference in oil rents between East Asia & Pacific (IDA & IBRD countries) and Papua New Guinea?
- 1.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for East Asia & Pacific (IDA & IBRD countries) and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2021.
- How do East Asia & Pacific (IDA & IBRD countries) and Papua New Guinea rank globally for oil rents?
- East Asia & Pacific (IDA & IBRD countries) ranks 40th 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.