Papua New Guinea vs Philippines: Nonrenewable natural capital, metals and minerals, sub-index, total
Nonrenewable natural capital, metals and minerals, sub-index, total over time
- Papua New Guinea
- Philippines
How they compare
Papua New Guinea currently reports 38.92 billion real chained 2019 US$ against 31.65 billion real chained 2019 US$ in Philippines, a difference of 7.27 billion real chained 2019 US$.
That makes Papua New Guinea's figure about 1.2 times Philippines's.
Across all 26 years both countries report, Papua New Guinea has been ahead every year.
Papua New Guinea ranks 17th and Philippines ranks 20th of 151 countries.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 62.35 billion real chained 2019 US$ | 29.63 billion real chained 2019 US$ | 32.71 billion real chained 2019 US$ | Papua New Guinea |
| 2000s | 48.44 billion real chained 2019 US$ | 25.31 billion real chained 2019 US$ | 23.13 billion real chained 2019 US$ | Papua New Guinea |
| 2010s | 41.40 billion real chained 2019 US$ | 27.92 billion real chained 2019 US$ | 13.47 billion real chained 2019 US$ | Papua New Guinea |
| 2020s | 38.92 billion real chained 2019 US$ | 31.65 billion real chained 2019 US$ | 7.27 billion real chained 2019 US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, metals and minerals, sub-index, total, Papua New Guinea or Philippines?
- Papua New Guinea, at 38.92 billion real chained 2019 US$ against 31.65 billion real chained 2019 US$ in Philippines as of 2020.
- What is the difference in nonrenewable natural capital, metals and minerals, sub-index, total between Papua New Guinea and Philippines?
- 7.27 billion real chained 2019 US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Philippines?
- 26 years are reported by both, from 1995 to 2020.
- How do Papua New Guinea and Philippines rank globally for nonrenewable natural capital, metals and minerals, sub-index, total?
- Papua New Guinea ranks 17th and Philippines ranks 20th of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, metals and minerals, sub-index, total (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.