Oil reserves, annual growth rate in Papua New Guinea
Papua New Guinea: Oil reserves, annual growth rate was 0.9477 % change on previous year in 2021. ◆ Volatile
Oil reserves, annual growth rate in Papua New Guinea, 1986–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, oil reserves, annual growth rate in Papua New Guinea stood at 0.9477 % change on previous year.
Compared with earlier readings it is up 112.2% on the previous year and down 67.3% over five years.
Over the whole period, oil reserves, annual growth rate in Papua New Guinea peaked at 207.69 % change on previous year in 1988 and was at its lowest, -63.33 % change on previous year, in 2008.
That places Papua New Guinea 10th out of 99 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.
Oil reserves, annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1986 | 0 % change on previous year | — |
| 1987 | 30 % change on previous year | — |
| 1988 | 207.69 % change on previous year | +592.3% |
| 1989 | 0 % change on previous year | -100.0% |
| 1990 | 0 % change on previous year | — |
| 1991 | 0 % change on previous year | — |
| 1992 | 0 % change on previous year | — |
| 1993 | 70 % change on previous year | — |
| 1994 | -25.47 % change on previous year | -136.4% |
| 1995 | -9.63 % change on previous year | -62.2% |
| 1996 | 74.67 % change on previous year | -875.5% |
| 1997 | -31.25 % change on previous year | -141.8% |
| 1998 | 18.18 % change on previous year | -158.2% |
| 1999 | 2.46 % change on previous year | -86.5% |
| 2000 | 0 % change on previous year | -100.0% |
| 2001 | 8.05 % change on previous year | — |
| 2002 | -33.76 % change on previous year | -519.4% |
| 2003 | 0.6946 % change on previous year | -102.1% |
| 2004 | 0 % change on previous year | -100.0% |
| 2005 | 0 % change on previous year | — |
| 2006 | 0 % change on previous year | — |
| 2007 | 0 % change on previous year | — |
| 2008 | -63.33 % change on previous year | — |
| 2009 | 0 % change on previous year | -100.0% |
| 2010 | 0 % change on previous year | — |
| 2011 | 0 % change on previous year | — |
| 2012 | 106.82 % change on previous year | — |
| 2013 | -15.24 % change on previous year | -114.3% |
| 2014 | 20.53 % change on previous year | -234.7% |
| 2015 | -5.78 % change on previous year | -128.2% |
| 2016 | 2.89 % change on previous year | -150.0% |
| 2017 | -11.56 % change on previous year | -499.2% |
| 2018 | 15.31 % change on previous year | -232.5% |
| 2019 | -6.74 % change on previous year | -144.1% |
| 2020 | -7.74 % change on previous year | +14.8% |
| 2021 | 0.9477 % change on previous year | -112.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 59.42 % change on previous year | 0 % change on previous year | 207.69 % change on previous year | 4 |
| 1990s | 9.9 % change on previous year | -31.25 % change on previous year | 74.67 % change on previous year | 10 |
| 2000s | -8.83 % change on previous year | -63.33 % change on previous year | 8.05 % change on previous year | 10 |
| 2010s | 10.62 % change on previous year | -15.24 % change on previous year | 106.82 % change on previous year | 10 |
| 2020s | -3.4 % change on previous year | -7.74 % change on previous year | 0.9477 % change on previous year | 2 |
Countries ranked near Papua New Guinea
- 7 India 4.11 % change on previous year compare
- 8 Argentina 3.93 % change on previous year compare
- 9 Colombia 3.88 % change on previous year compare
- 11 Venezuela 0.3292 % change on previous year compare
- 12 Canada 0.2577 % change on previous year compare
- 13 United States 0.1147 % change on previous year compare
More energy & mining data for Papua New Guinea
- Fuel imports 17.0% (2023)
- Ores and metals imports 0.9% (2023)
- Ores and metals exports 29.8% (2023)
- Gas production 123.61 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 11,687 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 123.61 terawatt-hours (2024)
- Gas production per person 11,687 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil reserves, annual growth rate in Papua New Guinea?
- Oil reserves, annual growth rate in Papua New Guinea was 0.9477 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest oil reserves, annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 207.69 % change on previous year in 1988.
- What is the lowest oil reserves, annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -63.33 % change on previous year in 2008.
- How does Papua New Guinea rank for oil reserves, annual growth rate?
- Papua New Guinea ranks 10th out of 99 countries with data for 2021.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.