Papua New Guinea - Oil Rents
Since 2014, Papua New Guinea Oil Rents fell by 12.4points year on year. In 2019, the country was ranked number 34 comparing other countries in Oil Rents at 2.45 Percent of GDP. Papua New Guinea is overtaken by Cameroon, which was ranked number 33 with 2.64 Percent of GDP and is followed by Malaysia at 2.41 Percent of GDP. Republic of the Congo ranked the highest with 43.88 Percent of GDP in 2019, that is -12.2points versus 2018. Iraq, Kuwait and Libya respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania was the worst growing country at -100points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 2.45 |
| 2018 | 3.03 |
| 2017 | 2.36 |
| 2016 | 1.94 |
| 2015 | 2.29 |
Download all data from 1980 to 2019
How does Papua New Guinea rank in Oil Rents?
| # | 104 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Republic of the Congo
|
43.88 % | 2019 | -12.2 % | +4.5 % | View data | |
| 2 |
#2
Iraq
|
41.37 % | 2019 | -8.9 % | -1.9 % | View data | |
| 33 |
#33
Cameroon
|
2.64 % | 2019 | -15.8 % | -9.6 % | View data | |
| 34 |
#34
Papua New Guinea
|
2.45 % | 2019 | -19.4 % | -12.4 % | View data | |
| 35 |
#35
Malaysia
|
2.41 % | 2019 | -17.6 % | -9.2 % | View data | |