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.
Wealth share of the richest 1% in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 28.7% | — |
| 1981 | 28.7% | +0.1% |
| 1982 | 28.7% | -0.1% |
| 1983 | 28.7% | +0.0% |
| 1984 | 28.7% | +0.1% |
| 1985 | 28.7% | -0.1% |
| 1986 | 28.7% | +0.1% |
| 1987 | 28.7% | -0.0% |
| 1988 | 28.7% | +0.0% |
| 1989 | 28.7% | -0.1% |
| 1990 | 28.7% | +0.1% |
| 1991 | 28.7% | -0.1% |
| 1992 | 28.7% | +0.0% |
| 1993 | 28.7% | +0.0% |
| 1994 | 28.7% | +0.0% |
| 1995 | 28.7% | -0.0% |
| 1996 | 28.7% | +0.1% |
| 1997 | 28.5% | -0.8% |
| 1998 | 28.4% | -0.4% |
| 1999 | 28.1% | -1.1% |
| 2000 | 27.8% | -0.9% |
| 2001 | 27.1% | -2.3% |
| 2002 | 26.9% | -1.0% |
| 2003 | 26.7% | -0.7% |
| 2004 | 26.4% | -1.1% |
| 2005 | 26.2% | -0.5% |
| 2006 | 26.1% | -0.6% |
| 2007 | 25.9% | -0.6% |
| 2008 | 25.7% | -0.7% |
| 2009 | 25.4% | -1.1% |
| 2010 | 25.6% | +0.5% |
| 2011 | 25.6% | +0.0% |
| 2012 | 25.6% | +0.0% |
| 2013 | 25.6% | -0.0% |
| 2014 | 25.6% | -0.1% |
| 2015 | 25.5% | -0.1% |
| 2016 | 25.5% | +0.1% |
| 2017 | 25.6% | +0.2% |
| 2018 | 25.6% | +0.0% |
| 2019 | 25.6% | -0.1% |
| 2020 | 25.6% | -0.0% |
| 2021 | 25.6% | +0.0% |
| 2022 | 25.6% | +0.0% |
| 2023 | 25.6% | +0.0% |
| 2024 | 25.6% | +0.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 25.6% is below the median for lower middle income countries, which is 27.2%, 94% of the median. (47 countries reporting)
- Papua New Guinea's 25.6% is below the median for East Asia & Pacific, which is 27.2%, 94% of the median. (34 countries reporting)
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
- 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 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
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.