Produced capital in Papua New Guinea
Papua New Guinea: Produced capital was 55.19 billion real chained 2019 US$ in 2020. ▲ Rising
Produced capital 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$.
Analysis
Papua New Guinea recorded 55.19 billion real chained 2019 US$ for produced capital in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 60.1% over ten years.
Over the whole period, produced capital in Papua New Guinea peaked at 55.19 billion real chained 2019 US$ in 2020 and was at its lowest, 21.79 billion real chained 2019 US$, in 1995.
Papua New Guinea ranks 86th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital in Papua New Guinea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 21.79 billion real chained 2019 US$ | — |
| 1996 | 23.20 billion real chained 2019 US$ | +6.5% |
| 1997 | 24.14 billion real chained 2019 US$ | +4.1% |
| 1998 | 24.46 billion real chained 2019 US$ | +1.3% |
| 1999 | 24.57 billion real chained 2019 US$ | +0.5% |
| 2000 | 25.31 billion real chained 2019 US$ | +3.0% |
| 2001 | 26.24 billion real chained 2019 US$ | +3.7% |
| 2002 | 26.77 billion real chained 2019 US$ | +2.0% |
| 2003 | 27.23 billion real chained 2019 US$ | +1.7% |
| 2004 | 27.84 billion real chained 2019 US$ | +2.2% |
| 2005 | 28.77 billion real chained 2019 US$ | +3.3% |
| 2006 | 29.79 billion real chained 2019 US$ | +3.5% |
| 2007 | 30.96 billion real chained 2019 US$ | +3.9% |
| 2008 | 31.80 billion real chained 2019 US$ | +2.7% |
| 2009 | 32.99 billion real chained 2019 US$ | +3.7% |
| 2010 | 34.47 billion real chained 2019 US$ | +4.5% |
| 2011 | 35.72 billion real chained 2019 US$ | +3.6% |
| 2012 | 37.10 billion real chained 2019 US$ | +3.9% |
| 2013 | 38.71 billion real chained 2019 US$ | +4.3% |
| 2014 | 40.59 billion real chained 2019 US$ | +4.9% |
| 2015 | 42.75 billion real chained 2019 US$ | +5.3% |
| 2016 | 44.98 billion real chained 2019 US$ | +5.2% |
| 2017 | 47.48 billion real chained 2019 US$ | +5.6% |
| 2018 | 50.10 billion real chained 2019 US$ | +5.5% |
| 2019 | 52.97 billion real chained 2019 US$ | +5.7% |
| 2020 | 55.19 billion real chained 2019 US$ | +4.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 55.19 billion real chained 2019 US$ is above the median for lower middle income countries, which is 30.26 billion real chained 2019 US$, 1.8× the median. (39 countries reporting)
- Papua New Guinea's 55.19 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 389.67 billion real chained 2019 US$, 14% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.63 billion real chained 2019 US$ | 21.79 billion real chained 2019 US$ | 24.57 billion real chained 2019 US$ | 5 |
| 2000s | 28.77 billion real chained 2019 US$ | 25.31 billion real chained 2019 US$ | 32.99 billion real chained 2019 US$ | 10 |
| 2010s | 42.49 billion real chained 2019 US$ | 34.47 billion real chained 2019 US$ | 52.97 billion real chained 2019 US$ | 10 |
| 2020s | 55.19 billion real chained 2019 US$ | 55.19 billion real chained 2019 US$ | 55.19 billion real chained 2019 US$ | 1 |
Countries ranked near Papua New Guinea
- 83 Kenya 63.88 billion real chained 2019 US$ compare
- 84 Jamaica 62.72 billion real chained 2019 US$ compare
- 85 Lebanon 57.62 billion real chained 2019 US$ compare
- 87 Tunisia 54.93 billion real chained 2019 US$ compare
- 88 Bahrain 52.89 billion real chained 2019 US$ compare
- 89 Tajikistan 52.74 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 produced capital in Papua New Guinea?
- Produced capital in Papua New Guinea was 55.19 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 produced capital recorded in Papua New Guinea?
- The highest recorded value was 55.19 billion real chained 2019 US$ in 2020.
- What is the lowest produced capital recorded in Papua New Guinea?
- The lowest recorded value was 21.79 billion real chained 2019 US$ in 1995.
- How does Papua New Guinea rank for produced capital?
- Papua New Guinea ranks 86th out of 151 countries with data for 2020.
- Is produced capital rising or falling in Papua New Guinea?
- Over the last ten years it is up 60.1%. 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 Produced 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
Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.