Papua New Guinea vs Philippines: Renewable natural capital, timber
Renewable natural capital, timber over time
- Papua New Guinea
- Philippines
How they compare
Philippines currently reports 13.86 billion real chained 2019 US$ against 12.07 billion real chained 2019 US$ in Papua New Guinea, a difference of 1.79 billion real chained 2019 US$.
That makes Philippines's figure about 1.1 times Papua New Guinea's.
Across all 26 years both countries report, Philippines has been ahead every year.
Papua New Guinea ranks 41st and Philippines ranks 40th of 151 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.22 billion real chained 2019 US$ | 15.51 billion real chained 2019 US$ | 3.29 billion real chained 2019 US$ | Philippines |
| 2000s | 12.20 billion real chained 2019 US$ | 14.13 billion real chained 2019 US$ | 1.93 billion real chained 2019 US$ | Philippines |
| 2010s | 12.13 billion real chained 2019 US$ | 13.45 billion real chained 2019 US$ | 1.32 billion real chained 2019 US$ | Philippines |
| 2020s | 12.07 billion real chained 2019 US$ | 13.86 billion real chained 2019 US$ | 1.79 billion real chained 2019 US$ | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Papua New Guinea or Philippines?
- Philippines, at 13.86 billion real chained 2019 US$ against 12.07 billion real chained 2019 US$ in Papua New Guinea as of 2020.
- What is the difference in renewable natural capital, timber between Papua New Guinea and Philippines?
- 1.79 billion real chained 2019 US$, with Philippines ahead.
- How many years of comparable data are there for Papua New Guinea and Philippines?
- 26 years are reported by both, from 1995 to 2020.
- How do Papua New Guinea and Philippines rank globally for renewable natural capital, timber?
- Papua New Guinea ranks 41st and Philippines ranks 40th of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.