Human capital in Papua New Guinea

Papua New Guinea: Human capital was 70.33 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
70.33 billion real chained 2019 US$
Change on year
up 3.8%
World rank
115th
of 150 countries
All-time high
70.33 billion real chained 2019 US$
in 2020
All-time low
36.33 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Human capital in Papua New Guinea, 1995–2020

020.0B40.0B60.0B80.0B1995200720201995: 36.3B real chained 2019 US$1996: 38.1B real chained 2019 US$1997: 40.1B real chained 2019 US$1998: 42.3B real chained 2019 US$1999: 44.5B real chained 2019 US$2000: 46.7B real chained 2019 US$2001: 47.4B real chained 2019 US$2002: 48.0B real chained 2019 US$2003: 48.5B real chained 2019 US$2004: 48.8B real chained 2019 US$2005: 49.1B real chained 2019 US$2006: 49.2B real chained 2019 US$2007: 49.2B real chained 2019 US$2008: 49.0B real chained 2019 US$2009: 48.8B real chained 2019 US$2010: 48.4B real chained 2019 US$2011: 50.2B real chained 2019 US$2012: 52.3B real chained 2019 US$2013: 54.4B real chained 2019 US$2014: 56.3B real chained 2019 US$2015: 58.3B real chained 2019 US$2016: 60.5B real chained 2019 US$2017: 62.9B real chained 2019 US$2018: 65.3B real chained 2019 US$2019: 67.8B real chained 2019 US$2020: 70.3B real chained 2019 US$

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

In 2020, human capital in Papua New Guinea stood at 70.33 billion real chained 2019 US$. That is the highest value across all 26 years on record.

The figure is up 3.8% on the previous year and up 45.3% over ten years.

Over the whole period, human capital in Papua New Guinea peaked at 70.33 billion real chained 2019 US$ in 2020 and was at its lowest, 36.33 billion real chained 2019 US$, in 1995.

That places Papua New Guinea 115th out of 150 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.27 billion real chained 2019 US$ 36.33 billion real chained 2019 US$ 44.45 billion real chained 2019 US$ 5
2000s 48.48 billion real chained 2019 US$ 46.70 billion real chained 2019 US$ 49.24 billion real chained 2019 US$ 10
2010s 57.62 billion real chained 2019 US$ 48.40 billion real chained 2019 US$ 67.79 billion real chained 2019 US$ 10
2020s 70.33 billion real chained 2019 US$ 70.33 billion real chained 2019 US$ 70.33 billion real chained 2019 US$ 1

Countries ranked near Papua New Guinea

  1. 112 Malawi 79.13 billion real chained 2019 US$ compare
  2. 113 Nicaragua 74.86 billion real chained 2019 US$ compare
  3. 114 Botswana 70.48 billion real chained 2019 US$ compare
  4. 116 Azerbaijan 70.09 billion real chained 2019 US$ compare
  5. 117 Haiti 69.32 billion real chained 2019 US$ compare
  6. 118 Armenia 61.26 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is human capital in Papua New Guinea?
Human capital in Papua New Guinea was 70.33 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 human capital recorded in Papua New Guinea?
The highest recorded value was 70.33 billion real chained 2019 US$ in 2020.
What is the lowest human capital recorded in Papua New Guinea?
The lowest recorded value was 36.33 billion real chained 2019 US$ in 1995.
How does Papua New Guinea rank for human capital?
Papua New Guinea ranks 115th out of 150 countries with data for 2020.
Is human capital rising or falling in Papua New Guinea?
Over the last ten years it is up 45.3%. The long-run trend across the full record is rising.
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 Human capital (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

Indicator
Human capital (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.