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Papua New Guinea

Papua New Guinea National accounts Stats

Definitions

  • Atlas GNI and GNI per capita > GNI > Atlas method > Current US$: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States."
  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Aggregate indicators > Net taxes on products > Constan: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency."
  • Local currency at constant prices > Value added > Manufacturing > Value added > Constant LC: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Local currency at current prices > Expenditure on GDP > Changes in inventories > Current L: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Local currency at current prices > Value added > Agriculture > Value added > Current LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Shares of GDP and other > External balance on goods and services > % of GDP: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
  • Shares of GDP and other > Final > Consumption expenditure > Etc. > % of GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
  • Shares of GDP and other > Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
  • US$ at current prices > Expenditure on GDP > Changes in inventories > Current US$: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current U.S. dollars."
  • US$ at current prices > Expenditure on GDP > Gross fixed capital formation > Current US$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars."
  • US$ at current prices > Value added > Industry > Value added > Current US$: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Atlas GNI and GNI per capita > GNI > Atlas method > Current US$ $7.91 billion 2009 111th out of 154
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 1,530.36 2009 150th out of 162
Local currency at constant prices > Aggregate indicators > Net taxes on products > Constan 522.9 million 2009 88th out of 104
Local currency at constant prices > Value added > Manufacturing > Value added > Constant LC 784.51 million 2009 93th out of 108
Local currency at current prices > Expenditure on GDP > Changes in inventories > Current L 298.24 million 2009 45th out of 126
Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu 17.85 billion 2009 99th out of 109
Local currency at current prices > Value added > Agriculture > Value added > Current LCU 7.74 billion 2009 80th out of 123
Shares of GDP and other > External balance on goods and services > % of GDP 0.81% 2009 45th out of 140
Shares of GDP and other > Final > Consumption expenditure > Etc. > % of GDP 81.93% 2009 64th out of 130
Shares of GDP and other > Trade > % of GDP 115.06% 2009 26th out of 139
US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $695.34 2009 118th out of 161
US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$ $333.40 million 2009 84th out of 106
US$ at current prices > Expenditure on GDP > Changes in inventories > Current US$ $108.06 million 2009 33th out of 126
US$ at current prices > Expenditure on GDP > Gross fixed capital formation > Current US$ $1.46 billion 2009 106th out of 128
US$ at current prices > Value added > Industry > Value added > Current US$ $3.48 billion 2009 80th out of 123

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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