Home Papua New Guinea Economy & Growth Gross Savings

Papua New Guinea Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

30.42% −0.04% (-0.1%)
Year 2004 Rank #37 Global Peak 35.15% (1995) Source World Bank

Papua New Guinea Gross Savings (1976–2004)

Overview

Papua New Guinea's gross savings stood at 30.42% in 2004, a decline of +0.04% from 2003. Papua New Guinea ranked 37th globally.

Data & projection

Year Gross Savings YoY change Rank
2004 30.42% −0.04% #37
2003 30.46% +7.52% #33
2002 22.94% −5.41% #65
2001 28.35% −4.13% #35
2000 32.48% +13.60% #25
1999 18.88% +0.47% #86
1998 18.41% +3.58% #90
1997 14.83% −11.38% #115
1996 26.21% −8.94% #38
1995 35.15% +7.08% #13
1994 28.07% +2.59% #35
1993 25.48% +4.74% #39
1992 20.74% −0.38% #63
1991 21.12% +4.00% #58
1990 17.12% +6.13% #94
Show all years (1976-2004)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.9% GDP growth 5.7% C/A balance 14.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Papua New Guinea's gross savings?

Papua New Guinea's gross savings was 30.42% in 2004. Ranked 37th globally. This represents a 0.1% decrease from the previous year.

What was the highest gross savings in Papua New Guinea?

Papua New Guinea's gross savings peaked at 35.15% in 1995.

What was the lowest gross savings in Papua New Guinea?

The lowest gross savings in Papua New Guinea was 10.99% in 1989.

How does Papua New Guinea rank in gross savings?

Papua New Guinea ranks 37th globally in gross savings as of 2004.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of Papua New Guinea in 2004?

The gross savings of Papua New Guinea in 2004 was 30.42%. This ranks 37th in the world.

Cite this page

APA
Papua New Guinea Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/papua-new-guinea/gross-savings
BibTeX
@misc{historysaid_papua-new-guinea_gross-savings, title = {Papua New Guinea Gross Savings}, url = {https://historysaid.com/papua-new-guinea/gross-savings}, publisher = {HistorySaid}, year = {2026} }