Liberia vs Papua New Guinea: Renewable natural capital, timber
Renewable natural capital, timber over time
- Liberia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 12.07 billion real chained 2019 US$ against 11.53 billion real chained 2019 US$ in Liberia, a difference of 538.90 million real chained 2019 US$.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Liberia ahead.
Liberia ranks 44th and Papua New Guinea ranks 41st of 151 countries.
Across the 4 decades both report, Liberia averaged higher in 2 and Papua New Guinea in 2.
Head to head by decade
| Decade | Liberia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.58 billion real chained 2019 US$ | 12.22 billion real chained 2019 US$ | 360.20 million real chained 2019 US$ | Liberia |
| 2000s | 12.24 billion real chained 2019 US$ | 12.20 billion real chained 2019 US$ | 43.92 million real chained 2019 US$ | Liberia |
| 2010s | 11.78 billion real chained 2019 US$ | 12.13 billion real chained 2019 US$ | 348.05 million real chained 2019 US$ | Papua New Guinea |
| 2020s | 11.53 billion real chained 2019 US$ | 12.07 billion real chained 2019 US$ | 538.90 million real chained 2019 US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Liberia or Papua New Guinea?
- Papua New Guinea, at 12.07 billion real chained 2019 US$ against 11.53 billion real chained 2019 US$ in Liberia as of 2020.
- What is the difference in renewable natural capital, timber between Liberia and Papua New Guinea?
- 538.90 million real chained 2019 US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Liberia and Papua New Guinea?
- 26 years are reported by both, from 1995 to 2020.
- How do Liberia and Papua New Guinea rank globally for renewable natural capital, timber?
- Liberia ranks 44th and Papua New Guinea ranks 41st of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.