Wealth share of the richest 1% in Papua New Guinea
Papua New Guinea: Wealth share of the richest 1% was 25.6% in 2024. ▼ Falling
Wealth share of the richest 1% in Papua New Guinea, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Papua New Guinea stood at 25.6%.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, wealth share of the richest 1% in Papua New Guinea peaked at 28.7% in 1984 and was at its lowest, 25.4%, in 2009.
That places Papua New Guinea 137th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.7% | 28.7% | 28.7% | 10 |
| 1990s | 28.6% | 28.1% | 28.7% | 10 |
| 2000s | 26.4% | 25.4% | 27.8% | 10 |
| 2010s | 25.6% | 25.5% | 25.6% | 10 |
| 2020s | 25.6% | 25.6% | 25.6% | 5 |
Countries ranked near Papua New Guinea
More reference data data for Papua New Guinea
- Spring temperature anomalies 0.1159 °C (2026)
- Summer temperature anomalies -0.0178 °C (2026)
- Temperature anomalies by month 0.504 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.6022 °C (2025)
- Winter temperature anomalies 0.257 °C (2025)
- Consumer price index 193.24 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is wealth share of the richest 1% in Papua New Guinea?
- Wealth share of the richest 1% in Papua New Guinea was 25.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Papua New Guinea?
- The highest recorded value was 28.7% in 1984.
- What is the lowest wealth share of the richest 1% recorded in Papua New Guinea?
- The lowest recorded value was 25.4% in 2009.
- How does Papua New Guinea rank for wealth share of the richest 1%?
- Papua New Guinea ranks 137th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Papua New Guinea?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.