Total Natural Resources Rents (As % of GDP) rose 6.20% to 22.4% in Papua New Guinea in 2016

Total Natural Resources Rents (As % of GDP) (%), 2016
Metals & Mining | Papua New Guinea | May 17, 2019
$2.99
Excel Sheet

Total natural resources rents as a percentage of GDP rose 6.20% to 22.4% in Papua New Guinea in 2016, according to the National Statistical Office.

Historically, total natural resources rents as a percentage of GDP in Papua New Guinea reached an all time high of 39.1% in 2005 and an all time low of 1.85% in 1971. When compared to Papua New Guinea's main peers, total natural resources rents as a percentage of GDP in Australia amounted to 6.10%, 3.06% in Indonesia, 1.01% in New Zealand and 1.23% in Philippines in 2016.

Papua New Guinea has been ranked 11th within the group of 169 countries we follow in terms of total natural resources rents as a percentage of GDP, 4 places above the position seen 10 years ago.

Total Natural Resources Rents (As % of GDP) Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Australia % 7.60% 7.68% 7.32% 5.26% 6.12%
China % 4.16% 3.09% 2.45% 1.36% 1.26%
Indonesia % 6.90% 6.29% 5.15% 3.71% 3.06%
Malaysia % 9.77% 8.88% 8.69% 6.82% 5.26%
New Zealand % 1.96% 1.73% 1.55% 1.36% 1.08%
Papua New Guinea % 23.2% 18.4% 21.0% 20.1% 20.4%
Philippines % 2.48% 1.92% 2.54% 1.66% 1.18%
Singapore % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
Taiwan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Vietnam % 9.32% 7.73% 7.11% 4.44% 3.61%