Latvia vs Papua New Guinea: National comprehensive wealth index
National comprehensive wealth index over time
- Latvia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 323.91 billion real chained 2019 US$ against 306.93 billion real chained 2019 US$ in Latvia, a difference of 16.98 billion real chained 2019 US$.
That makes Papua New Guinea's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 26 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 90th and Papua New Guinea ranks 88th of 150 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Papua New Guinea in 1.
Head to head by decade
| Decade | Latvia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 283.81 billion real chained 2019 US$ | 246.26 billion real chained 2019 US$ | 37.55 billion real chained 2019 US$ | Latvia |
| 2000s | 287.39 billion real chained 2019 US$ | 269.67 billion real chained 2019 US$ | 17.71 billion real chained 2019 US$ | Latvia |
| 2010s | 288.13 billion real chained 2019 US$ | 287.80 billion real chained 2019 US$ | 335.90 million real chained 2019 US$ | Latvia |
| 2020s | 306.93 billion real chained 2019 US$ | 323.91 billion real chained 2019 US$ | 16.98 billion real chained 2019 US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher national comprehensive wealth index, Latvia or Papua New Guinea?
- Papua New Guinea, at 323.91 billion real chained 2019 US$ against 306.93 billion real chained 2019 US$ in Latvia as of 2020.
- What is the difference in national comprehensive wealth index between Latvia and Papua New Guinea?
- 16.98 billion real chained 2019 US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Latvia and Papua New Guinea?
- 26 years are reported by both, from 1995 to 2020.
- How do Latvia and Papua New Guinea rank globally for national comprehensive wealth index?
- Latvia ranks 90th and Papua New Guinea ranks 88th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as National comprehensive wealth index (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.