Total natural resource rents in Papua New Guinea

Papua New Guinea: Total natural resource rents was 27.4% in 2021. ▬ Flat

Latest (2021)
27.4%
Change on year
up 129.3%
World rank
14th
of 211 countries
All-time high
31.2%
in 2005
All-time low
1.8%
in 1971
Years of data
52
1970–2021

Total natural resource rents in Papua New Guinea, 1970–2021

0102030197019952021

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2021, total natural resource rents in Papua New Guinea stood at 27.4%.

That represents a change of up 129.3% on the previous year and up 4.3% over ten years.

Over the whole period, total natural resource rents in Papua New Guinea peaked at 31.2% in 2005 and was at its lowest, 1.8%, in 1971.

Papua New Guinea ranks 14th of 211 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.9% 1.8% 30.6% 10
1980s 21.7% 15.5% 25.5% 10
1990s 19.8% 12.7% 26.7% 10
2000s 24.1% 17.5% 31.2% 10
2010s 17.0% 11.7% 27.9% 10
2020s 19.7% 11.9% 27.4% 2

Countries ranked near Papua New Guinea

  1. 11 Azerbaijan 29.9% compare
  2. 12 Kuwait 29.3% compare
  3. 13 Oman 29.2% compare
  4. 15 Qatar 27.3% compare
  5. 16 Eritrea 27.0% compare
  6. 17 Kazakhstan 26.8% compare

See the full ranking of 211 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is total natural resource rents in Papua New Guinea?
Total natural resource rents in Papua New Guinea was 27.4% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Papua New Guinea?
The highest recorded value was 31.2% in 2005.
What is the lowest total natural resource rents recorded in Papua New Guinea?
The lowest recorded value was 1.8% in 1971.
How does Papua New Guinea rank for total natural resource rents?
Papua New Guinea ranks 14th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Papua New Guinea?
Over the last ten years it is up 4.3%. The long-run trend across the full record is flat.
Where does this Papua New Guinea data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.