Nonrenewable natural capital, total in Papua New Guinea

Papua New Guinea: Nonrenewable natural capital, total was 53.54 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
53.54 billion real chained 2019 US$
Change on year
down 3.6%
World rank
32nd
of 150 countries
All-time high
101.43 billion real chained 2019 US$
in 1996
All-time low
45.42 billion real chained 2019 US$
in 2008
Years of data
26
1995–2020

Nonrenewable natural capital, total in Papua New Guinea, 1995–2020

025.0B50.0B75.0B100.0B1995200720201995: 86.5B real chained 2019 US$1996: 101.4B real chained 2019 US$1997: 83.7B real chained 2019 US$1998: 89.3B real chained 2019 US$1999: 89.3B real chained 2019 US$2000: 88.5B real chained 2019 US$2001: 92.2B real chained 2019 US$2002: 70.5B real chained 2019 US$2003: 69.6B real chained 2019 US$2004: 68.2B real chained 2019 US$2005: 66.6B real chained 2019 US$2006: 65.1B real chained 2019 US$2007: 63.6B real chained 2019 US$2008: 45.4B real chained 2019 US$2009: 46.9B real chained 2019 US$2010: 46.3B real chained 2019 US$2011: 45.7B real chained 2019 US$2012: 53.3B real chained 2019 US$2013: 49.6B real chained 2019 US$2014: 52.4B real chained 2019 US$2015: 51.1B real chained 2019 US$2016: 61.3B real chained 2019 US$2017: 57.9B real chained 2019 US$2018: 58.2B real chained 2019 US$2019: 55.6B real chained 2019 US$2020: 53.5B real chained 2019 US$

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, nonrenewable natural capital, total in Papua New Guinea stood at 53.54 billion real chained 2019 US$.

The figure is down 3.6% on the previous year and up 15.8% over ten years.

Over the whole period, nonrenewable natural capital, total in Papua New Guinea peaked at 101.43 billion real chained 2019 US$ in 1996 and was at its lowest, 45.42 billion real chained 2019 US$, in 2008.

Papua New Guinea ranks 32nd of 150 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 90.03 billion real chained 2019 US$ 83.66 billion real chained 2019 US$ 101.43 billion real chained 2019 US$ 5
2000s 67.67 billion real chained 2019 US$ 45.42 billion real chained 2019 US$ 92.18 billion real chained 2019 US$ 10
2010s 53.12 billion real chained 2019 US$ 45.65 billion real chained 2019 US$ 61.29 billion real chained 2019 US$ 10
2020s 53.54 billion real chained 2019 US$ 53.54 billion real chained 2019 US$ 53.54 billion real chained 2019 US$ 1

Countries ranked near Papua New Guinea

  1. 29 Vietnam 108.54 billion real chained 2019 US$ compare
  2. 30 Congo 69.31 billion real chained 2019 US$ compare
  3. 31 United Kingdom 63.73 billion real chained 2019 US$ compare
  4. 33 Ecuador 50.34 billion real chained 2019 US$ compare
  5. 34 Turkey 47.96 billion real chained 2019 US$ compare
  6. 35 Pakistan 44.38 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 nonrenewable natural capital, total in Papua New Guinea?
Nonrenewable natural capital, total in Papua New Guinea was 53.54 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, total recorded in Papua New Guinea?
The highest recorded value was 101.43 billion real chained 2019 US$ in 1996.
What is the lowest nonrenewable natural capital, total recorded in Papua New Guinea?
The lowest recorded value was 45.42 billion real chained 2019 US$ in 2008.
How does Papua New Guinea rank for nonrenewable natural capital, total?
Papua New Guinea ranks 32nd out of 150 countries with data for 2020.
Is nonrenewable natural capital, total rising or falling in Papua New Guinea?
Over the last ten years it is up 15.8%. 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, 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

Indicator
Nonrenewable natural capital, total (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

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.