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

Latest (2024)
25.6%
Change on year
unchanged
World rank
137th
of 215 countries
All-time high
28.7%
in 1984
All-time low
25.4%
in 2009
Years of data
45
1980–2024

Wealth share of the richest 1% in Papua New Guinea, 1980–2024

01020301980200220241980: 28.7 %1981: 28.7 %1982: 28.7 %1983: 28.7 %1984: 28.7 %1985: 28.7 %1986: 28.7 %1987: 28.7 %1988: 28.7 %1989: 28.7 %1990: 28.7 %1991: 28.7 %1992: 28.7 %1993: 28.7 %1994: 28.7 %1995: 28.7 %1996: 28.7 %1997: 28.5 %1998: 28.4 %1999: 28.1 %2000: 27.8 %2001: 27.1 %2002: 26.9 %2003: 26.7 %2004: 26.4 %2005: 26.2 %2006: 26.1 %2007: 25.9 %2008: 25.7 %2009: 25.4 %2010: 25.6 %2011: 25.6 %2012: 25.6 %2013: 25.6 %2014: 25.6 %2015: 25.5 %2016: 25.5 %2017: 25.6 %2018: 25.6 %2019: 25.6 %2020: 25.6 %2021: 25.6 %2022: 25.6 %2023: 25.6 %2024: 25.6 %

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

Annual values for Wealth share of the richest 1% in Papua New Guinea, 1980 to 2024.
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

DecadeAverage LowestHighest 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

  1. 134 Madagascar 25.7% compare
  2. 135 Togo 25.6% compare
  3. 136 Iran 25.6% compare
  4. 138 Chad 25.5% compare
  5. 139 Bulgaria 25.4% compare
  6. 139 Cuba 25.4% compare

See the full ranking of 215 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

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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Wealth share of the richest 1% in Papua New Guinea. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/papua-new-guinea/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

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.