Nonrenewable natural capital, natural gas in Papua New Guinea
Papua New Guinea: Nonrenewable natural capital, natural gas was 11.30 billion real chained 2019 US$ in 2020. ◆ Volatile
Nonrenewable natural capital, natural gas 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$.
Analysis
The most recent figure for nonrenewable natural capital, natural gas in Papua New Guinea is 11.30 billion real chained 2019 US$, measured in 2020.
The figure is down 7.3% on the previous year and up 9.2% over ten years.
Over the whole period, nonrenewable natural capital, natural gas in Papua New Guinea peaked at 14.02 billion real chained 2019 US$ in 2016 and was at its lowest, 133.05 million real chained 2019 US$, in 2008.
Papua New Guinea ranks 25th of 148 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, natural gas in Papua New Guinea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 201.87 million real chained 2019 US$ | — |
| 1996 | 201.87 million real chained 2019 US$ | +0.0% |
| 1997 | 201.87 million real chained 2019 US$ | +0.0% |
| 1998 | 201.87 million real chained 2019 US$ | +0.0% |
| 1999 | 201.87 million real chained 2019 US$ | +0.0% |
| 2000 | 201.87 million real chained 2019 US$ | +0.0% |
| 2001 | 201.93 million real chained 2019 US$ | +0.0% |
| 2002 | 191.18 million real chained 2019 US$ | -5.3% |
| 2003 | 181.74 million real chained 2019 US$ | -4.9% |
| 2004 | 171.74 million real chained 2019 US$ | -5.5% |
| 2005 | 161.55 million real chained 2019 US$ | -5.9% |
| 2006 | 151.92 million real chained 2019 US$ | -6.0% |
| 2007 | 142.86 million real chained 2019 US$ | -6.0% |
| 2008 | 133.05 million real chained 2019 US$ | -6.9% |
| 2009 | 10.36 billion real chained 2019 US$ | +7685.3% |
| 2010 | 10.35 billion real chained 2019 US$ | -0.1% |
| 2011 | 10.34 billion real chained 2019 US$ | -0.1% |
| 2012 | 10.33 billion real chained 2019 US$ | -0.1% |
| 2013 | 10.32 billion real chained 2019 US$ | -0.1% |
| 2014 | 10.08 billion real chained 2019 US$ | -2.3% |
| 2015 | 9.41 billion real chained 2019 US$ | -6.6% |
| 2016 | 14.02 billion real chained 2019 US$ | +48.9% |
| 2017 | 13.30 billion real chained 2019 US$ | -5.1% |
| 2018 | 12.62 billion real chained 2019 US$ | -5.1% |
| 2019 | 12.19 billion real chained 2019 US$ | -3.4% |
| 2020 | 11.30 billion real chained 2019 US$ | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 201.87 million real chained 2019 US$ | 201.87 million real chained 2019 US$ | 201.87 million real chained 2019 US$ | 5 |
| 2000s | 1.19 billion real chained 2019 US$ | 133.05 million real chained 2019 US$ | 10.36 billion real chained 2019 US$ | 10 |
| 2010s | 11.30 billion real chained 2019 US$ | 9.41 billion real chained 2019 US$ | 14.02 billion real chained 2019 US$ | 10 |
| 2020s | 11.30 billion real chained 2019 US$ | 11.30 billion real chained 2019 US$ | 11.30 billion real chained 2019 US$ | 1 |
Countries ranked near Papua New Guinea
- 22 Israel 15.19 billion real chained 2019 US$ compare
- 23 Trinidad and Tobago 13.74 billion real chained 2019 US$ compare
- 24 Kuwait 12.86 billion real chained 2019 US$ compare
- 26 Netherlands 9.20 billion real chained 2019 US$ compare
- 27 Angola 8.92 billion real chained 2019 US$ compare
- 28 United Kingdom of Great Britain and Northern Ireland 8.04 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 nonrenewable natural capital, natural gas in Papua New Guinea?
- Nonrenewable natural capital, natural gas in Papua New Guinea was 11.30 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, natural gas recorded in Papua New Guinea?
- The highest recorded value was 14.02 billion real chained 2019 US$ in 2016.
- What is the lowest nonrenewable natural capital, natural gas recorded in Papua New Guinea?
- The lowest recorded value was 133.05 million real chained 2019 US$ in 2008.
- How does Papua New Guinea rank for nonrenewable natural capital, natural gas?
- Papua New Guinea ranks 25th out of 148 countries with data for 2020.
- Is nonrenewable natural capital, natural gas rising or falling in Papua New Guinea?
- Over the last ten years it is up 9.2%. 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 Nonrenewable natural capital, natural gas (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.