Papua New Guinea: Savings, percent of GDP
* indicates monthly or quarterly data series
| Papua New Guinea |
Savings as percent of GDP |
|---|---|
| Latest value | 30.42 |
| Year | 2004 |
| Measure | percent |
| Data availability | 1976 - 2004 |
| Average | 21.44 |
| Min - Max | 10.99 - 35.15 |
| Source | The World Bank |
The latest value from 2004 is 30.42 percent, a decline from 30.46 percent in 2003. In comparison, the world average is 22.80 percent, based on data from 139 countries. Historically, the average for Papua New Guinea from 1976 to 2004 is 21.44 percent. The minimum value, 10.99 percent, was reached in 1989 while the maximum of 35.15 percent was recorded in 1995.
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* indicates monthly or quarterly data series
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The savings in Papua New Guinea and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 36.29 | 2023 | percent |
| Share of manufacturing | 1.66 | 2023 | percent |
| Share of services | 42.03 | 2023 | percent |
| Industry value added | 11.15 | 2023 | billion U.S. dollars |
| Manufacturing value added | 0.51 | 2023 | billion U.S. dollars |
| Services value added | 12.91 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 30.42 | 2004 | percent |
| Savings, in dollars | 1.19 | 2004 | billion U.S. dollars |