Foreign assets in Papua New Guinea
Papua New Guinea: Foreign assets was 8.00 billion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
8.00 billion real chained 2019 US$
Change on year
up 14.0%
World rank
109th
of 150 countries
All-time high
11.59 billion real chained 2019 US$
in 2011
All-time low
1.28 billion real chained 2019 US$
in 2002
Years of data
26
1995–2020
Foreign assets in Papua New Guinea, 1995–2020
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. Measured in real chained 2019 US$.
Analysis
Papua New Guinea recorded 8.00 billion real chained 2019 US$ for foreign assets in 2020.
That represents a change of up 14.0% on the previous year and down 21.2% over ten years.
Over the whole period, foreign assets in Papua New Guinea peaked at 11.59 billion real chained 2019 US$ in 2011 and was at its lowest, 1.28 billion real chained 2019 US$, in 2002.
Papua New Guinea ranks 109th of 150 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets in Papua New Guinea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 2.28 billion real chained 2019 US$ | — |
| 1996 | 3.66 billion real chained 2019 US$ | +60.9% |
| 1997 | 2.47 billion real chained 2019 US$ | -32.5% |
| 1998 | 1.59 billion real chained 2019 US$ | -35.9% |
| 1999 | 1.57 billion real chained 2019 US$ | -0.7% |
| 2000 | 1.29 billion real chained 2019 US$ | -18.2% |
| 2001 | 1.58 billion real chained 2019 US$ | +22.5% |
| 2002 | 1.28 billion real chained 2019 US$ | -19.0% |
| 2003 | 2.17 billion real chained 2019 US$ | +69.9% |
| 2004 | 2.94 billion real chained 2019 US$ | +35.2% |
| 2005 | 3.43 billion real chained 2019 US$ | +16.8% |
| 2006 | 5.48 billion real chained 2019 US$ | +59.7% |
| 2007 | 6.52 billion real chained 2019 US$ | +18.9% |
| 2008 | 5.61 billion real chained 2019 US$ | -13.9% |
| 2009 | 9.57 billion real chained 2019 US$ | +70.5% |
| 2010 | 10.16 billion real chained 2019 US$ | +6.2% |
| 2011 | 11.59 billion real chained 2019 US$ | +14.1% |
| 2012 | 10.18 billion real chained 2019 US$ | -12.2% |
| 2013 | 8.04 billion real chained 2019 US$ | -21.0% |
| 2014 | 6.65 billion real chained 2019 US$ | -17.3% |
| 2015 | 5.16 billion real chained 2019 US$ | -22.4% |
| 2016 | 5.46 billion real chained 2019 US$ | +5.8% |
| 2017 | 5.25 billion real chained 2019 US$ | -3.9% |
| 2018 | 6.06 billion real chained 2019 US$ | +15.5% |
| 2019 | 7.02 billion real chained 2019 US$ | +15.8% |
| 2020 | 8.00 billion real chained 2019 US$ | +14.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 8.00 billion real chained 2019 US$ is below the median for lower middle income countries, which is 9.56 billion real chained 2019 US$, 84% of the median. (38 countries reporting)
- Papua New Guinea's 8.00 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 311.90 billion real chained 2019 US$, 3% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.31 billion real chained 2019 US$ | 1.57 billion real chained 2019 US$ | 3.66 billion real chained 2019 US$ | 5 |
| 2000s | 3.99 billion real chained 2019 US$ | 1.28 billion real chained 2019 US$ | 9.57 billion real chained 2019 US$ | 10 |
| 2010s | 7.56 billion real chained 2019 US$ | 5.16 billion real chained 2019 US$ | 11.59 billion real chained 2019 US$ | 10 |
| 2020s | 8.00 billion real chained 2019 US$ | 8.00 billion real chained 2019 US$ | 8.00 billion real chained 2019 US$ | 1 |
Countries ranked near Papua New Guinea
- 106 Tanzania 8.84 billion real chained 2019 US$ compare
- 107 Togo 8.40 billion real chained 2019 US$ compare
- 108 Uganda 8.17 billion real chained 2019 US$ compare
- 110 Mongolia 7.18 billion real chained 2019 US$ compare
- 111 North Macedonia 7.08 billion real chained 2019 US$ compare
- 112 Nicaragua 6.95 billion real chained 2019 US$ compare
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is foreign assets in Papua New Guinea?
- Foreign assets in Papua New Guinea was 8.00 billion real chained 2019 US$ in 2020, according to 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.
- What is the highest foreign assets recorded in Papua New Guinea?
- The highest recorded value was 11.59 billion real chained 2019 US$ in 2011.
- What is the lowest foreign assets recorded in Papua New Guinea?
- The lowest recorded value was 1.28 billion real chained 2019 US$ in 2002.
- How does Papua New Guinea rank for foreign assets?
- Papua New Guinea ranks 109th out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Papua New Guinea?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures 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 part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.