Papua New Guinea vs South Asia (IDA & IBRD): Oil rents
Papua New Guinea
1.9%
in 2021
South Asia (IDA & IBRD)
0.3%
in 2021
Papua New Guinea rank
40th
South Asia (IDA & IBRD) rank
41st
Oil rents over time
- Papua New Guinea
- South Asia (IDA & IBRD)
How they compare
Papua New Guinea currently reports 1.9% against 0.3% in South Asia (IDA & IBRD), a difference of 1.6%.
That makes Papua New Guinea's figure about 6.7 times South Asia (IDA & IBRD)'s.
The two have swapped places 1 time across 41 shared years of data; in 1980 it was South Asia (IDA & IBRD) ahead.
Papua New Guinea ranks 40th and South Asia (IDA & IBRD) ranks 41st of 201 countries.
Across the 5 decades both report, Papua New Guinea averaged higher in 4 and South Asia (IDA & IBRD) in 1.
Head to head by decade
| Decade | Papua New Guinea | South Asia (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0% | 1.2% | 1.2% | South Asia (IDA & IBRD) |
| 1990s | 7.1% | 0.7% | 6.3% | Papua New Guinea |
| 2000s | 9.6% | 1.0% | 8.6% | Papua New Guinea |
| 2010s | 3.1% | 0.6% | 2.5% | Papua New Guinea |
| 2020s | 1.3% | 0.2% | 1.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Papua New Guinea or South Asia (IDA & IBRD)?
- Papua New Guinea, at 1.9% against 0.3% in South Asia (IDA & IBRD) as of 2021.
- What is the difference in oil rents between Papua New Guinea and South Asia (IDA & IBRD)?
- 1.6%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and South Asia (IDA & IBRD)?
- 41 years are reported by both, from 1980 to 2021.
- How do Papua New Guinea and South Asia (IDA & IBRD) rank globally for oil rents?
- Papua New Guinea ranks 40th and South Asia (IDA & IBRD) ranks 41st 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.