Total natural resources rents in Papua New Guinea
Papua New Guinea: Total natural resources rents was 27.4% in 2021. ▬ Flat
Latest (2021)
27.4%
Change on year
up 129.3%
World rank
14th
of 214 countries
All-time high
31.2%
in 2005
All-time low
1.8%
in 1971
Years of data
52
1970–2021
Total natural resources rents in Papua New Guinea, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Papua New Guinea is 27.4%, measured in 2021.
That represents a change of up 129.3% on the previous year and up 4.3% over ten years.
Over the whole period, total natural resources rents in Papua New Guinea peaked at 31.2% in 2005 and was at its lowest, 1.8%, in 1971.
Papua New Guinea ranks 14th of 214 countries on this measure, in the top 10%.
Total natural resources rents in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 1.9% | — |
| 1971 | 1.8% | -3.3% |
| 1972 | 16.7% | +805.6% |
| 1973 | 28.2% | +68.8% |
| 1974 | 30.6% | +8.4% |
| 1975 | 20.5% | -32.8% |
| 1976 | 19.7% | -3.9% |
| 1977 | 19.0% | -3.5% |
| 1978 | 18.4% | -3.6% |
| 1979 | 22.4% | +21.7% |
| 1980 | 25.2% | +12.5% |
| 1981 | 20.1% | -20.0% |
| 1982 | 19.9% | -1.0% |
| 1983 | 20.9% | +4.6% |
| 1984 | 15.5% | -25.6% |
| 1985 | 21.0% | +35.5% |
| 1986 | 20.4% | -3.0% |
| 1987 | 24.3% | +18.9% |
| 1988 | 25.5% | +4.9% |
| 1989 | 24.4% | -4.3% |
| 1990 | 23.0% | -5.5% |
| 1991 | 18.3% | -20.7% |
| 1992 | 21.1% | +15.6% |
| 1993 | 22.4% | +6.3% |
| 1994 | 21.1% | -5.8% |
| 1995 | 26.7% | +26.3% |
| 1996 | 21.0% | -21.5% |
| 1997 | 12.7% | -39.5% |
| 1998 | 14.0% | +10.1% |
| 1999 | 17.4% | +24.4% |
| 2000 | 25.7% | +48.0% |
| 2001 | 17.5% | -31.9% |
| 2002 | 19.8% | +13.4% |
| 2003 | 22.1% | +11.3% |
| 2004 | 28.8% | +30.4% |
| 2005 | 31.2% | +8.4% |
| 2006 | 27.4% | -12.2% |
| 2007 | 24.2% | -11.7% |
| 2008 | 25.4% | +4.8% |
| 2009 | 18.9% | -25.4% |
| 2010 | 27.9% | +47.5% |
| 2011 | 26.3% | -5.8% |
| 2012 | 15.8% | -39.8% |
| 2013 | 11.7% | -26.2% |
| 2014 | 14.0% | +20.2% |
| 2015 | 12.7% | -9.2% |
| 2016 | 14.3% | +12.5% |
| 2017 | 16.0% | +11.9% |
| 2018 | 16.9% | +5.5% |
| 2019 | 13.8% | -18.4% |
| 2020 | 11.9% | -13.6% |
| 2021 | 27.4% | +129.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.9% | 1.8% | 30.6% | 10 |
| 1980s | 21.7% | 15.5% | 25.5% | 10 |
| 1990s | 19.8% | 12.7% | 26.7% | 10 |
| 2000s | 24.1% | 17.5% | 31.2% | 10 |
| 2010s | 17.0% | 11.7% | 27.9% | 10 |
| 2020s | 19.7% | 11.9% | 27.4% | 2 |
Countries ranked near Papua New Guinea
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 total natural resources rents in Papua New Guinea?
- Total natural resources rents in Papua New Guinea was 27.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Papua New Guinea?
- The highest recorded value was 31.2% in 2005.
- What is the lowest total natural resources rents recorded in Papua New Guinea?
- The lowest recorded value was 1.8% in 1971.
- How does Papua New Guinea rank for total natural resources rents?
- Papua New Guinea ranks 14th out of 214 countries with data for 2021.
- Is total natural resources rents rising or falling in Papua New Guinea?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is flat.
- 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 Total natural resources rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.