Natural gas rents in Papua New Guinea
Papua New Guinea: Natural gas rents was 9.1% in 2021. ◆ Volatile
Natural gas rents in Papua New Guinea, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for natural gas rents in Papua New Guinea is 9.1%, measured in 2021. That is the highest value across all 42 years on record.
That represents a change of up 53.4% on the previous year and up 11,975.4% over ten years.
Over the whole period, natural gas rents in Papua New Guinea peaked at 9.1% in 2021 and was at its lowest, 0.0%, in 1980.
That places Papua New Guinea 5th out of 201 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.1% | — |
| 1991 | 0.1% | -28.8% |
| 1992 | 0.1% | -6.6% |
| 1993 | 0.1% | +6.8% |
| 1994 | 0.1% | +10.8% |
| 1995 | 0.1% | +42.2% |
| 1996 | 0.1% | +48.2% |
| 1997 | 0.1% | -7.8% |
| 1998 | 0.1% | +8.8% |
| 1999 | 0.2% | +6.2% |
| 2000 | 0.2% | +61.9% |
| 2001 | 0.3% | +25.9% |
| 2002 | 0.3% | -10.7% |
| 2003 | 0.3% | -1.8% |
| 2004 | 0.3% | -4.3% |
| 2005 | 0.2% | -4.9% |
| 2006 | 0.1% | -51.1% |
| 2007 | 0.1% | -21.4% |
| 2008 | 0.1% | +0.8% |
| 2009 | 0.1% | -0.6% |
| 2010 | 0.1% | -13.0% |
| 2011 | 0.1% | -8.4% |
| 2012 | 0.1% | -29.9% |
| 2013 | 0.1% | -2.0% |
| 2014 | 2.7% | +5064.1% |
| 2015 | 6.2% | +132.7% |
| 2016 | 5.1% | -18.4% |
| 2017 | 5.1% | -0.2% |
| 2018 | 6.3% | +24.4% |
| 2019 | 7.1% | +11.6% |
| 2020 | 6.0% | -15.7% |
| 2021 | 9.1% | +53.4% |
Biggest year-on-year movements
Years where Natural gas rents in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +5064.1% | 0.1% | 2.7% |
| 2015 | +132.7% | 2.7% | 6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.1% | 0.1% | 0.2% | 10 |
| 2000s | 0.2% | 0.1% | 0.3% | 10 |
| 2010s | 3.3% | 0.1% | 7.1% | 10 |
| 2020s | 7.5% | 6.0% | 9.1% | 2 |
Countries ranked near Papua New Guinea
- 2 Brunei Darussalam 13.9% compare
- 3 Qatar 12.0% compare
- 4 Uzbekistan 11.0% compare
- 6 Iran, Islamic Republic of 8.8% compare
- 7 Azerbaijan 8.6% compare
- 8 Algeria 8.0% compare
More energy & mining data for Papua New Guinea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 9.69 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 17.0% (2023)
Frequently asked questions
- What is natural gas rents in Papua New Guinea?
- Natural gas rents in Papua New Guinea was 9.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Papua New Guinea?
- The highest recorded value was 9.1% in 2021.
- What is the lowest natural gas rents recorded in Papua New Guinea?
- The lowest recorded value was 0.0% in 1980.
- How does Papua New Guinea rank for natural gas rents?
- Papua New Guinea ranks 5th out of 201 countries with data for 2021.
- Is natural gas rents rising or falling in Papua New Guinea?
- Over the last ten years it is up 11,975.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Natural gas rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.