Total natural resources rents (% of GDP) for Papua New Guinea



Indicator Definition:
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

The indicator "Total natural resources rents (% of GDP)" stands at 27.39 as of 12/31/2021, the highest value since 12/31/2011.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 129.34 percent compared to the value the year prior.
The 1 year change in percent is 129.34.
The 3 year change in percent is 61.84.
The 5 year change in percent is 91.02.
The 10 year change in percent is 4.26.

The Serie's long term average value is 20.07. It's latest available value, on 12/31/2021, is 36.43 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1971, to it's latest available value, on 12/31/2021, is +1,384.00%.
The Serie's change in percent from it's maximum value, on 12/31/2005, to it's latest available value, on 12/31/2021, is -12.23%.

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