Vegetable oil vs gdp, annual growth rate in Papua New Guinea

Papua New Guinea: Vegetable oil vs gdp, annual growth rate was -10.45 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-10.45 % change on previous year
Change on year
down 674.7%
World rank
160th
of 184 countries
All-time high
28.47 % change on previous year
in 2020
All-time low
-24.67 % change on previous year
in 2014
Years of data
13
2011–2023

Vegetable oil vs gdp, annual growth rate in Papua New Guinea, 2011–2023

-200202011201720232011: 4.9 % change on previous year2012: 9.9 % change on previous year2013: 16.1 % change on previous year2014: -24.7 % change on previous year2015: -8.2 % change on previous year2016: -4 % change on previous year2017: -2 % change on previous year2018: -1.6 % change on previous year2019: 4.1 % change on previous year2020: 28.5 % change on previous year2021: 14.4 % change on previous year2022: -1.3 % change on previous year2023: -10.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, vegetable oil vs gdp, annual growth rate in Papua New Guinea stood at -10.45 % change on previous year.

That represents a change of down 674.7% on the previous year and down 164.8% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Papua New Guinea peaked at 28.47 % change on previous year in 2020 and was at its lowest, -24.67 % change on previous year, in 2014.

That places Papua New Guinea 160th out of 184 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Vegetable oil vs gdp, annual growth rate in Papua New Guinea, year by year

Annual values for Vegetable oil vs gdp, annual growth rate in Papua New Guinea, 2011 to 2023.
Year % change on previous year Change
2011 4.94 % change on previous year
2012 9.89 % change on previous year +100.4%
2013 16.14 % change on previous year +63.1%
2014 -24.67 % change on previous year -252.9%
2015 -8.16 % change on previous year -66.9%
2016 -3.96 % change on previous year -51.4%
2017 -1.99 % change on previous year -49.7%
2018 -1.6 % change on previous year -19.8%
2019 4.13 % change on previous year -358.7%
2020 28.47 % change on previous year +589.4%
2021 14.44 % change on previous year -49.3%
2022 -1.35 % change on previous year -109.3%
2023 -10.45 % change on previous year +674.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s -0.5867 % change on previous year -24.67 % change on previous year 16.14 % change on previous year 9
2020s 7.78 % change on previous year -10.45 % change on previous year 28.47 % change on previous year 4

Countries ranked near Papua New Guinea

  1. 157 Solomon Islands -9.78 % change on previous year compare
  2. 158 Egypt -10 % change on previous year compare
  3. 159 Senegal -10.23 % change on previous year compare
  4. 161 Ghana -10.75 % change on previous year compare
  5. 162 Hong Kong -12.22 % change on previous year compare
  6. 163 Seychelles -12.25 % change on previous year compare

See the full ranking of 184 places →

More energy & mining data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Papua New Guinea?
Vegetable oil vs gdp, annual growth rate in Papua New Guinea was -10.45 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Papua New Guinea?
The highest recorded value was 28.47 % change on previous year in 2020.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Papua New Guinea?
The lowest recorded value was -24.67 % change on previous year in 2014.
How does Papua New Guinea rank for vegetable oil vs gdp, annual growth rate?
Papua New Guinea ranks 160th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Papua New Guinea?
Over the last ten years it is down 164.8%. The long-run trend across the full record is volatile.
Where does this Papua New Guinea data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/papua-new-guinea/

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How this figure is calculated

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

Computed from

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

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

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