Gross domestic savings in Papua New Guinea
Papua New Guinea: Gross domestic savings was 1.31 billion current US$ in 2004. ◆ Volatile
Gross domestic savings in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2004, gross domestic savings in Papua New Guinea stood at 1.31 billion current US$.
The figure is up 4.6% on the previous year and down 32.5% over ten years.
Over the whole period, gross domestic savings in Papua New Guinea peaked at 1.93 billion current US$ in 1994 and was at its lowest, -3.58 million current US$, in 1966.
Papua New Guinea ranks 134th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.99 million current US$ | -3.58 million current US$ | 11.31 million current US$ | 9 |
| 1970s | 251.30 million current US$ | 40.54 million current US$ | 520.68 million current US$ | 10 |
| 1980s | 348.01 million current US$ | 182.18 million current US$ | 677.70 million current US$ | 10 |
| 1990s | 1.22 billion current US$ | 519.14 million current US$ | 1.93 billion current US$ | 10 |
| 2000s | 1.15 billion current US$ | 723.02 million current US$ | 1.37 billion current US$ | 5 |
Countries ranked near Papua New Guinea
- 131 South Sudan 1.62 billion current US$ compare
- 132 Zimbabwe 1.42 billion current US$ compare
- 133 Aruba 1.37 billion current US$ compare
- 135 Faroe Islands 1.28 billion current US$ compare
- 136 Sierra Leone 1.19 billion current US$ compare
- 137 Togo 1.13 billion current US$ compare
More economy & growth data for Papua New Guinea
- DEC alternative conversion factor 4.12 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 931.74 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 226.00 million current US$ (2025)
- Taxes less subsidies on products 5.32 billion current LCU (2024)
- Taxes less subsidies on products 1.38 billion current US$ (2024)
- Net primary income (Net income from abroad) -9.64 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.34 billion current US$ (2025)
- GNI per capita 11,553 current LCU (2025)
- GNI per capita, Atlas method 2,890 current US$ (2025)
- GNI 124.34 billion current LCU (2025)
Frequently asked questions
- What is gross domestic savings in Papua New Guinea?
- Gross domestic savings in Papua New Guinea was 1.31 billion current US$ in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Papua New Guinea?
- The highest recorded value was 1.93 billion current US$ in 1994.
- What is the lowest gross domestic savings recorded in Papua New Guinea?
- The lowest recorded value was -3.58 million current US$ in 1966.
- How does Papua New Guinea rank for gross domestic savings?
- Papua New Guinea ranks 134th out of 187 countries with data for 2004.
- Is gross domestic savings rising or falling in Papua New Guinea?
- Over the last ten years it is down 32.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.