Nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea
Papua New Guinea: Nonrenewable natural capital, metals and minerals, sub-index, total was 38.92 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, metals and minerals, sub-index, total 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$.
Analysis
In 2020, nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea stood at 38.92 billion real chained 2019 US$. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 2.3% on the previous year and down 4.1% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea peaked at 65.41 billion real chained 2019 US$ in 1995 and was at its lowest, 38.92 billion real chained 2019 US$, in 2020.
That places Papua New Guinea 17th out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 65.41 billion real chained 2019 US$ | — |
| 1996 | 63.81 billion real chained 2019 US$ | -2.4% |
| 1997 | 62.29 billion real chained 2019 US$ | -2.4% |
| 1998 | 60.99 billion real chained 2019 US$ | -2.1% |
| 1999 | 59.23 billion real chained 2019 US$ | -2.9% |
| 2000 | 57.32 billion real chained 2019 US$ | -3.2% |
| 2001 | 55.17 billion real chained 2019 US$ | -3.7% |
| 2002 | 53.21 billion real chained 2019 US$ | -3.6% |
| 2003 | 51.30 billion real chained 2019 US$ | -3.6% |
| 2004 | 49.43 billion real chained 2019 US$ | -3.6% |
| 2005 | 47.33 billion real chained 2019 US$ | -4.2% |
| 2006 | 45.35 billion real chained 2019 US$ | -4.2% |
| 2007 | 43.66 billion real chained 2019 US$ | -3.7% |
| 2008 | 40.87 billion real chained 2019 US$ | -6.4% |
| 2009 | 40.73 billion real chained 2019 US$ | -0.4% |
| 2010 | 40.58 billion real chained 2019 US$ | -0.4% |
| 2011 | 40.43 billion real chained 2019 US$ | -0.4% |
| 2012 | 40.30 billion real chained 2019 US$ | -0.3% |
| 2013 | 40.17 billion real chained 2019 US$ | -0.3% |
| 2014 | 40.02 billion real chained 2019 US$ | -0.4% |
| 2015 | 47.78 billion real chained 2019 US$ | +19.4% |
| 2016 | 42.37 billion real chained 2019 US$ | -11.3% |
| 2017 | 40.50 billion real chained 2019 US$ | -4.4% |
| 2018 | 41.99 billion real chained 2019 US$ | +3.7% |
| 2019 | 39.82 billion real chained 2019 US$ | -5.2% |
| 2020 | 38.92 billion real chained 2019 US$ | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.35 billion real chained 2019 US$ | 59.23 billion real chained 2019 US$ | 65.41 billion real chained 2019 US$ | 5 |
| 2000s | 48.44 billion real chained 2019 US$ | 40.73 billion real chained 2019 US$ | 57.32 billion real chained 2019 US$ | 10 |
| 2010s | 41.40 billion real chained 2019 US$ | 39.82 billion real chained 2019 US$ | 47.78 billion real chained 2019 US$ | 10 |
| 2020s | 38.92 billion real chained 2019 US$ | 38.92 billion real chained 2019 US$ | 38.92 billion real chained 2019 US$ | 1 |
Countries ranked near Papua New Guinea
- 14 Iran, Islamic Republic of 69.95 billion real chained 2019 US$ compare
- 15 Ukraine 69.31 billion real chained 2019 US$ compare
- 16 Turkey 44.27 billion real chained 2019 US$ compare
- 18 Sweden 37.21 billion real chained 2019 US$ compare
- 19 Democratic Republic of Congo 35.48 billion real chained 2019 US$ compare
- 20 Philippines 31.65 billion real chained 2019 US$ compare
More reference data data for Papua New Guinea
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.1521 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 502.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 1,897 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1,563 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 55.83 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 181.42 (2050)
Frequently asked questions
- What is nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea?
- Nonrenewable natural capital, metals and minerals, sub-index, total in Papua New Guinea was 38.92 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 nonrenewable natural capital, metals and minerals, sub-index, total recorded in Papua New Guinea?
- The highest recorded value was 65.41 billion real chained 2019 US$ in 1995.
- What is the lowest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Papua New Guinea?
- The lowest recorded value was 38.92 billion real chained 2019 US$ in 2020.
- How does Papua New Guinea rank for nonrenewable natural capital, metals and minerals, sub-index, total?
- Papua New Guinea ranks 17th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals, sub-index, total rising or falling in Papua New Guinea?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is falling.
- 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 Nonrenewable natural capital, metals and minerals, sub-index, total (real chained 2019 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.