Papua New Guinea PG: Total Natural Resources Rents: % of GDP

Papua New Guinea PG: Total Natural Resources Rents: % of GDP data was reported at 16.303 % in 2016. This records an increase from the previous number of 15.590 % for 2015. Papua New Guinea PG: Total Natural Resources Rents: % of GDP data is updated yearly, averaging 24.259 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 38.511 % in 2005 and a record low of 1.845 % in 1971. Papua New Guinea PG: Total Natural Resources Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Papua New Guinea – Table PG.World Bank: Land Use, Protected Areas and National Wealth. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

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