Papua New Guinea vs Venezuela, Bolivarian Republic of: Oil reserves, annual growth rate

Papua New Guinea
0.9477 % change on previous year
in 2021
Venezuela, Bolivarian Republic of
0.3292 % change on previous year
in 2021
Papua New Guinea rank
10th
Venezuela, Bolivarian Republic of rank
11th

Oil reserves, annual growth rate over time

  • Papua New Guinea
  • Venezuela, Bolivarian Republic of
-1000100200198120012021

How they compare

Papua New Guinea currently reports 0.9477 % change on previous year against 0.3292 % change on previous year in Venezuela, Bolivarian Republic of, a difference of 0.6185 % change on previous year.

That makes Papua New Guinea's figure about 2.9 times Venezuela, Bolivarian Republic of's.

The two have swapped places 22 times across 36 shared years of data; in 1986 it was Papua New Guinea ahead.

Papua New Guinea ranks 10th and Venezuela, Bolivarian Republic of ranks 11th of 99 countries.

Across the 5 decades both report, Papua New Guinea averaged higher in 2 and Venezuela, Bolivarian Republic of in 3.

Head to head by decade

Decade Papua New Guinea Venezuela, Bolivarian Republic of Difference Ahead
1980s 59.42 % change on previous year 31.27 % change on previous year 28.15 % change on previous year Papua New Guinea
1990s 9.9 % change on previous year 2.3 % change on previous year 7.59 % change on previous year Papua New Guinea
2000s -8.83 % change on previous year 3.29 % change on previous year 12.13 % change on previous year Venezuela, Bolivarian Republic of
2010s 10.62 % change on previous year 15.52 % change on previous year 4.89 % change on previous year Venezuela, Bolivarian Republic of
2020s -3.4 % change on previous year 0.1646 % change on previous year 3.56 % change on previous year Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, annual growth rate, Papua New Guinea or Venezuela, Bolivarian Republic of?
Papua New Guinea, at 0.9477 % change on previous year against 0.3292 % change on previous year in Venezuela, Bolivarian Republic of as of 2021.
What is the difference in oil reserves, annual growth rate between Papua New Guinea and Venezuela, Bolivarian Republic of?
0.6185 % change on previous year, with Papua New Guinea ahead.
How many years of comparable data are there for Papua New Guinea and Venezuela, Bolivarian Republic of?
36 years are reported by both, from 1986 to 2021.
How do Papua New Guinea and Venezuela, Bolivarian Republic of rank globally for oil reserves, annual growth rate?
Papua New Guinea ranks 10th and Venezuela, Bolivarian Republic of ranks 11th of 99 countries.
Where does this data come from?
Statizoid (derived), published as Oil reserves, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Papua New Guinea vs Venezuela, Bolivarian Republic of: Oil reserves, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://energy.statizoid.com/compare/oil-reserves-annual-growth-rate/papua-new-guinea/venezuela-rb/

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About this data

Indicator
Oil reserves, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
99 places, 3,444 data points, 1981–2021
Last refreshed

The year-on-year percentage change in Oil reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.