Nicaragua vs Papua New Guinea: Foreign assets

Nicaragua
6.95 billion real chained 2019 US$
in 2020
Papua New Guinea
8.00 billion real chained 2019 US$
in 2020
Nicaragua rank
112th
Papua New Guinea rank
109th

Foreign assets over time

  • Nicaragua
  • Papua New Guinea
2.5B5.0B7.5B10.0B12.5B199520072020

How they compare

Papua New Guinea currently reports 8.00 billion real chained 2019 US$ against 6.95 billion real chained 2019 US$ in Nicaragua, a difference of 1.05 billion real chained 2019 US$.

That makes Papua New Guinea's figure about 1.2 times Nicaragua's.

The two have swapped places 8 times across 26 shared years of data; in 1995 it was Papua New Guinea ahead.

Nicaragua ranks 112th and Papua New Guinea ranks 109th of 149 countries.

Across the 4 decades both report, Nicaragua averaged higher in 1 and Papua New Guinea in 3.

Head to head by decade

Decade Nicaragua Papua New Guinea Difference Ahead
1990s 2.79 billion real chained 2019 US$ 2.31 billion real chained 2019 US$ 480.27 million real chained 2019 US$ Nicaragua
2000s 3.61 billion real chained 2019 US$ 3.99 billion real chained 2019 US$ 380.31 million real chained 2019 US$ Papua New Guinea
2010s 5.42 billion real chained 2019 US$ 7.56 billion real chained 2019 US$ 2.14 billion real chained 2019 US$ Papua New Guinea
2020s 6.95 billion real chained 2019 US$ 8.00 billion real chained 2019 US$ 1.05 billion real chained 2019 US$ Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign assets, Nicaragua or Papua New Guinea?
Papua New Guinea, at 8.00 billion real chained 2019 US$ against 6.95 billion real chained 2019 US$ in Nicaragua as of 2020.
What is the difference in foreign assets between Nicaragua and Papua New Guinea?
1.05 billion real chained 2019 US$, with Papua New Guinea ahead.
How many years of comparable data are there for Nicaragua and Papua New Guinea?
26 years are reported by both, from 1995 to 2020.
How do Nicaragua and Papua New Guinea rank globally for foreign assets?
Nicaragua ranks 112th and Papua New Guinea ranks 109th of 149 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Foreign assets (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Foreign assets (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed

Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.